Terms of Use - PandaSwap

Pandaswap, pandaswapsol.io, a website-hosted user interface (the "Interface") made available by VirtualBlock Systems Ltd..

The Interface is a visual representation of Pandaswap protocol (the "Protocol") which comprises open source software deployed in a permissionless manner by VirtualBlock Systems Ltd.. The Interface provides an interface which allows users to view and administer their interactions with the Protocol.

These Terms of Use and any terms and conditions incorporated herein by reference (collectively, the "Terms") govern your access to and use of the Interface. You must read the Terms carefully

To make these Terms easier to read:

VirtualBlock Systems Ltd.. is referred to as "Pandaswap", "we", "us", "our" or "the Company". "You", "your" and "user(s)" refers to anybody who accesses or uses, in any way, the Interface. If you are accessing or using the Interface on behalf of a company (such as your employer) or other legal entity, you represent and warrant that you have the authority to bind that entity to these Terms and, in that case, "you", "your" or "user(s)" will refer to that entity. By accessing, browsing, or otherwise using the Interface, or by acknowledging agreement to the Terms on the Interface, you agree that you have read, understood, and accepted all of the Terms and our Privacy Policy (the "Privacy Policy"), which is incorporated by reference into the Terms.

IMPORTANT NOTE REGARDING ARBITRATION: WHEN YOU AGREE TO THESE TERMS BY USING OR ACCESSING THE INTERFACE, YOU ARE AGREEING TO RESOLVE ANY DISPUTE BETWEEN YOU AND Pandaswap THROUGH BINDING, INDIVIDUAL ARBITRATION RATHER THAN IN COURT. AND YOU AGREE TO A CLASS ACTION WAIVER, BOTH OF WHICH IMPACT YOUR RIGHTS AS TO HOW DISPUTES ARE RESOLVED.

If you come up with any further questions, please, don't be shy and feel free to contact us at [email protected]

1. Eligibility

General. You may not use the Interface if you are otherwise barred from using the Interface under applicable law.

Legality. You are solely responsible for adhering to all laws and regulations applicable to you and your use or access to the Interface. Your use of the Interface is prohibited by and otherwise violate or facilitate the violation of any applicable laws or regulations, or contribute to or facilitate any illegal activity.

The Interface and each of the Company's services does not constitute, and may not be used for the purposes of, an offer or solicitation to anyone in any jurisdiction in which such offer or solicitation is not authorised, or to any person to whom it is unlawful to make such an offer or solicitation.

By using or accessing the Interface, you represent to us that you are not subject to sanctions or otherwise designated on any list of prohibited or restricted parties or excluded or denied persons, including but not limited to the lists maintained by the United Nations Security Council, the European Union or its Member States, or any other government authority.

We make no representations or warranties that the information, products, or services provided through our Interface, are appropriate for access or use in other jurisdictions. You are not permitted to access or use our Interface in any jurisdiction or country if it would be contrary to the law or regulation of that jurisdiction or if it would subject us to the laws of, or any registration requirement with, such jurisdiction. We reserve the right to limit the availability of our Interface to any person, geographic area, or jurisdiction, at any time and at our sole and absolute discretion.

Prohibited Localities and Compliance Restrictions

Pandaswap does not interact with, support, or knowingly permit access to its services by any person or entity located in, established in, or a resident of the following jurisdictions (“Prohibited Localities”):

United States of America, Republic of China (mainland), Singapore, Myanmar (Burma), Côte d'Ivoire (Ivory Coast), Cuba, Democratic Republic of the Congo, Crimea region of Ukraine, Iran, Iraq, Libya, Mali, Nicaragua, North Korea (Democratic People’s Republic of Korea), Somalia, Sudan, Syria, Yemen, Zimbabwe, or any region subject to comprehensive trade sanctions or embargoes enforced by the United Nations, United States, United Kingdom, or European Union.

You must not use or attempt to use the Pandaswap Interface if you are:

A citizen, resident, or incorporated entity of a Prohibited Locality
Using a device, IP address, or wallet geolocated in a Prohibited Locality
Acting on behalf of a person or entity in a Prohibited Locality

You further agree not to use VPNs, proxy servers, IP redirection tools, blockchain mixers, or any technological methods to circumvent these geographic restrictions.

User Declaration

By accessing or using Pandaswap, you affirm, represent, and warrant that:

You are not located in, established in, or a resident of any Prohibited Locality
You are not using the Interface for, on behalf of, or for the benefit of any party in a Prohibited Locality
You are solely responsible for complying with applicable laws in your jurisdiction

Compliance Enforcement and Monitoring

Pandaswap actively enforces these restrictions through methods including, but not limited to:

IP address and geolocation detection
Wallet address screening and sanctions list checks
Session and network pattern analysis

We reserve the right to terminate, suspend, or restrict access to any user or wallet that violates or is reasonably suspected of violating this Section, without prior notice or refund.

Regulatory Cooperation and Liability Disclaimer

Pandaswap may share information with competent regulatory, law enforcement, or sanctions enforcement authorities if required by law or to protect its platform integrity.

Pandaswap disclaims all liability for any access or use of the Interface by users in Prohibited Localities or in violation of applicable sanctions. Responsibility rests entirely with the user to ensure their actions are lawful.

Non-Circumvention. You agree not to access the Interface using any technology for the purposes of circumventing these Terms.

2. Compliance Obligations

The Interface may not be available or appropriate for use in all jurisdictions. By accessing or using the Interface, you agree that you are solely and entirely responsible for compliance with all laws and regulations that may apply to you. You further agree that we have no obligation to inform you of any potential liabilities or violations of law or regulation that may arise in connection with your access and use of the Interface and that we are not liable in any respect for any failure by you to comply with any applicable laws or regulations.

3. Access to the Interface

We reserve the right to disable access to the Interface at any time in the event of any breach of the Terms, including without limitation, if we, in our sole discretion, believe that you, at any time, fail to satisfy the eligibility requirements set forth in the Terms. Further, we reserve the right to limit or restrict access to the Interface by any person or entity, or within any geographic area or legal jurisdiction, at any time and at our sole discretion. We will not be liable to you for any losses or damages you may suffer as a result of or in connection with the Interface being inaccessible to you at any time or for any reason.

The Interface and the Protocol may rely on or utilise a variety of external third party services or software, including without limitation oracles, decentralised cloud storage services, analytics tools, hence the Interface or the Protocol may be adversely affected by any number of risks related to these third party services/software. These may include technical interruptions, network congestion/failure, security vulnerabilities, cyberattacks, or malicious activity. Access to the Interface or the Protocol may become degraded or unavailable during times of significant volatility or volume. This could result in the inability to interact with third-party services for periods of time and may also lead to support response time delays. The Company cannot guarantee that the Interface or the Protocol will be available without interruption and neither does it guarantee that requests to interact with third-party services will be successful. You agree that you shall not hold the Company responsible for any losses which occur due to any of the foregoing.

4. Your Use of Interface

By using or accessing the Interface, you represent and warrant that you understand that there are inherent risks associated with virtual currency, and the underlying technologies including, without limitation, cryptography and blockchain, and you agree that Pandaswap is not responsible for any losses or damages associated with these risks. You specifically acknowledge and agree that the Interface facilitates your interaction with decentralized networks and technology and, as such, we have no control over any blockchain or virtual currencies and cannot and do not ensure that any of your interactions will be confirmed on the relevant blockchain and do not have the ability to effectuate any cancellation or modification requests regarding any of your interactions.

Without limiting the foregoing, you specifically understand and hereby represent your acknowledgment of the following:

The pricing information provided through the Interface does not represent an offer, a solicitation of an offer, or any advice regarding, or recommendation to enter into, a transaction with the Interface.

The Interface does not act as an agent for any of the users.

The Interface does not own or control any of the underlying software through which blockchain networks are formed, and therefore is not responsible for them and their operation.

You are solely responsible for reporting and paying any taxes applicable to your use of the Interface.

Although it is intended to provide accurate and timely information on the Interface, the Interface or relevant tools may not always be entirely accurate, complete, or current and may also include technical inaccuracies or typographical errors. Accordingly, you should verify all information before relying on it, and all decisions based on information contained on the Interface or relevant tools are your sole responsibility.

In order to allow other users to have a full and positive experience of using the Interface you agree that you will not use the Interface in a manner that:

Breaches the Terms;

Infringes on or violates any copyright, trademark, service mark, patent, right of publicity, right of privacy, or other proprietary or intellectual property rights under the law;

Seeks to interfere with or compromise the integrity, security, or proper functioning of any computer, server, network, personal device, or other information technology system, including, but not limited to, the deployment of viruses and denial of service attacks;

Attempts, in any manner, to obtain the private key, password, account, or other security information from any other user, including such information about the digital wallet;

Decompiles, reverse engineer, or otherwise attempt to obtain the source code or underlying ideas or information of or relating to the Interface;

Seeks to defraud us or any other person or entity, including, but not limited to, providing any false, inaccurate, or misleading information in order to unlawfully obtain the property of another;

Violates any applicable law, rule, or regulation concerning the integrity of trading markets, including, but not limited to, the manipulative tactics commonly known as spoofing and wash trading;

Violates any applicable law, rule, or regulation of the United States or another relevant jurisdiction, including, but not limited to, the restrictions and regulatory requirements imposed by U.S. law;

Disguises or interferes in any way with the IP address of the computer you are using to access or use the Interface or that otherwise prevents us from correctly identifying the IP address of the computer you are using to access the Interface;

Transmits, exchanges, or is otherwise supported by the direct or indirect proceeds of criminal or fraudulent activity;

Contributes to or facilitates any of the foregoing activities.

As it has been already stated, we only provide you with the relevant interface and software and neither has control over your interactions with the blockchain nor encourages you to perform any. Any interaction performed by you via the Interface remains your sole responsibility.

All information provided in connection with your access and use of the Interface is for informational purposes only and should not be construed as professional advice. You should not take, or refrain from taking, any action based on any information contained in the Interface or any other information that we make available at any time, including, without limitation, blog posts, articles, links to third-party content, news feeds, tutorials, tweets, and videos. Before you make any financial, legal, or other decisions involving the Interface, you should seek independent professional advice from an individual who is licensed and qualified in the area for which such advice would be appropriate.

The Terms are not intended to, and do not, create or impose any fiduciary duties on us. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you or any other party and that to the extent any such duties or liabilities may exist at law or in equity, those duties and liabilities are hereby irrevocably disclaimed, waived, and eliminated. You further agree that the only duties and obligations that we owe you are those set forth expressly in the Terms.

You understand that smart contract protocols such as the Protocol simply comprise a set of autonomous blockchain-based smart contracts deployed on the relevant blockchain network, operated directly by users calling functions on it (which allows them to interact with other users in a multi-party peer-to-peer manner). There is no further control by or interaction with the original entity which had deployed the smart contract, which entity solely functions as a provider of technical tools for users, and is not offering any sort of securities product or regulated service nor does it hold any user assets in custody. Any rewards earned by user interactions arise solely out of their involvement in the protocol by taking on the risk of interacting with other users and the ecosystem.

5. Non-custodial nature of Interface and Protocol

The Interface and Protocol are non-custodial in nature, therefore neither holds or controls your digital assets. Any digital assets which you may acquire through the usage of the Interface or the Protocol will be held and administered solely by you through your selected electronic wallet, and we shall have no access to or responsibility in regard to such electronic wallet or digital asset held therein. It is solely your responsibility to select the wallet service provider to use, and your use of such electronic wallet will be subject to the governing terms of use or privacy policy of the provider of such wallet. We neither own nor control your selected electronic wallet service, the relevant blockchain network, or any other third party site, product, or service that you might access, visit, or use for the purpose of enabling you to utilize the Interface or the Protocol. We will not be liable for the acts or omissions of any such third parties, nor will we be liable for any damage that you may suffer as a result of your transactions or any other interaction with any such third parties.

We will not create any hosted wallet for you or otherwise custody digital assets on your behalf, and it is your sole responsibility to maintain the security of your selected electronic wallet. You hereby irrevocably waive, release and discharge all claims, whether known or unknown to you, against us, our affiliates and their respective shareholders, members, directors, officers, employees, agents and representatives related to your use of any wallet software, associated loss of digital assets, transaction failures, or any other defects that arise in the course of your use of your electronic wallet, including any losses that may obtain as a result of any failure of the Interface or the Protocol.

Neither the Company, the Interface nor the Protocol provides any digital asset exchange or portfolio/fund management services. If you choose to engage in transactions with other users via the Interface or the Protocol, then such decisions and transactions and any consequences flowing therefrom are your sole responsibility. In no event shall the Company, its affiliates or their respective directors or employees be responsible or liable to you or anyone else, directly or indirectly, for any damage or loss arising from or relating to any interaction or continued interaction with the Interface or the Protocol or in reliance on any information provided on the Interface (including, without limitation, directly or indirectly resulting from errors in, omissions of or alterations to any such information).

"Know Your Customer" and "Anti-Money Laundering" checks: We reserve the right to conduct "Know Your Customer" and "Anti-Money Laundering" checks on you if deemed necessary by us (at our sole discretion) or such checks become required under applicable laws in any jurisdiction. Upon our request, you shall immediately provide us with information and documents that we, in our sole discretion, deem necessary or appropriate to conduct "Know Your Customer" and "Anti-Money Laundering" checks. Such documents may include, but are not limited to, passports, driver's licenses, utility bills, photographs of associated individuals, government identification cards or sworn statements before notaries or other equivalent professionals. Notwithstanding anything herein, we may, in its sole discretion, refuse to provide access to the Interface to you until such requested information is provided, or in the event that, based on information available to us, you are suspected of using the Interface or the Protocol in connection with any money laundering, terrorism financing, or any other illegal activity. In addition, we shall be entitled to use any possible efforts for preventing money laundering, terrorism financing or any other illegal activity, including without limitation monitoring of transactions which you perform, screening of your digital wallet addresses, performing analytics on the foregoing as well as any related transactions or digital wallet address, blocking of your access to the Interface or the Protocol, or providing your information to any regulatory authority.

6. Disclaimers

You understand and agree that the Interface enables access to an online, decentralized, and autonomous protocol and environment, and associated decentralized networks, that are not controlled by Pandaswap. We do not have access to your private key and cannot initiate an interaction with your virtual currency or otherwise access your virtual currency. We are not responsible for any activities that you engage in when using your wallet, or the Interface.

Pandaswap cannot and does not represent or guarantee that any of the information available through the Interface is accurate, reliable, current, complete or appropriate for your needs. The information displayed through the Interface including information about prices is provided by third parties and/or calculated for informational purposes. Your use of any third-party scripts, indicators, ideas, and other content is at your sole risk.

You expressly understand and agree that your use of the Interface is at your sole risk. We make and expressly disclaim all representations and warranties, express, implied or statutory, and with respect to the Interface and the code proprietary or open-source, we specifically do not represent and warrant and expressly disclaim any representation or warranty, express, implied or statutory, including without limitation, any representations or warranties of title, non-infringement, merchantability, usage, security, suitability or fitness for any particular purpose, or as to the workmanship or technical coding thereof, or the absence of any defects therein, whether latent or patent. We do not represent or warrant that the Interface, code, and any related information are accurate, complete, reliable, current, or error-free. The Interface is provided on an "as is" and "as available" basis, without warranties of any kind, either express or implied, including, without limitation, implied warranties of merchantability, fitness for a particular purpose, or non-infringement.

You acknowledge that no advice, information, or statement that we make should be treated as creating any warranty concerning the Interface. We do not endorse, guarantee, or assume responsibility for any advertisements, offers, or statements made by third parties concerning the Interface. You acknowledge that Pandaswap is not responsible for transferring, safeguarding, or maintaining your private keys or any virtual currency associated therewith. If you lose, mishandle, or have stolen associated virtual currency private keys, you acknowledge that you may not be able to recover associated virtual currency and that Pandaswap is not responsible for such loss. You acknowledge that Pandaswap is not responsible for any loss, damage, or liability arising from your failure to comply with the terms hereunder.

By accessing and using the Interface, you represent that you understand (a) the Interface facilitates access to the Protocol, the use of which has many inherent risks, and (b) the cryptographic and blockchain-based systems have inherent risks to which you are exposed when using the Interface. You further represent that you have a working knowledge of the usage and intricacies of blockchain-based digital assets, including, without limitation, SPL token standard available on the Solana blockchain. You further understand that the markets for these blockchain-based digital assets are highly volatile due to factors that include, but are not limited to, adoption, speculation, technology, security, and regulation. You acknowledge that the cost and speed of transacting with blockchain-based systems, such as Solana, are variable and may increase or decrease, respectively, drastically at any time. You hereby acknowledge and agree that we are not responsible for any of these variables or risks associated with the Protocol and cannot be held liable for any resulting losses that you experience while accessing or using the Interface. Accordingly, you understand and agree to assume full responsibility for all of the risks of accessing and using the Interface to interact with the Protocol.

The Interface may contain references or links to third-party resources, including, but not limited to, information, materials, products, or services, that we do not own or control. In addition, third parties may offer promotions related to your access and use of the Interface. We do not endorse or assume any responsibility for any such resources or promotions. If you access any such resources or participate in any such promotions, you do so at your own risk, and you understand that the Terms do not apply to your dealings or relationships with any third parties. You expressly relieve us of any and all liability arising from your use of any such resources or participation in any such promotions.

7. Intellectual Proprietary Rights

We own all intellectual property and other rights in the Interface and its contents, including, but not limited to, software, text, images, trademarks, service marks, copyrights, patents, and designs. Unless expressly authorized by us, you may not copy, modify, adapt, rent, license, sell, publish, distribute, or otherwise permit any third party to access or use the Interface or any of its contents. Accessing or using the Interface does not constitute a grant to you of any proprietary intellectual property or other rights in the Interface or its contents.

You will retain ownership of all intellectual property and other rights in any information and materials you submit through the Interface. However, by uploading such information or materials, you grant us a worldwide, royalty-free, irrevocable license to use, copy, distribute, publish and send this data in any manner in accordance with applicable laws and regulations.

You may choose to submit comments, bug reports, ideas, or other feedback about the Interface, including, without limitation, about how to improve the Interface (collectively, "Feedback"). By submitting any Feedback, you agree that we are free to use such Feedback at our discretion and without additional compensation to you, and to disclose such Feedback to third parties (whether on a non-confidential basis or otherwise). If necessary under applicable law, then you hereby grant us a perpetual, irrevocable, non-exclusive, transferable, worldwide license under all rights necessary for us to incorporate and use your Feedback for any purpose.

If (i) you satisfy all of the eligibility requirements set forth in the Terms, and (ii) your access to and use of the Interface complies with the Terms, you hereby are granted a single, personal, limited license to access and use the Interface. This license is non-exclusive, non-transferable, and freely revocable by us at any time without notice or cause in our sole discretion. Use of the Interface for any purpose not expressly permitted by the Terms is strictly prohibited.

In the event that you utilise any intellectual property in any manner which infringes on the rights of any party (including by unauthorised incorporation of the same in any project, protocol, code or any digital token), the Company reserves the sole discretion to effectuate the takedown of any such project, protocol, code or any digital token (or underlying intellectual property) at any time, without notice, compensation or payment to you. In addition, and without prejudice to the Company's other remedies under this Agreement, you shall indemnify the Company and its officers, directors, employees, contractors, agents, affiliates, and subsidiaries from and against all claims, damages, obligations, losses, liabilities, costs, and expenses arising from your aforesaid infringement of intellectual rights.

8. Indemnification

You agree to hold harmless, release, defend, and indemnify us and our officers, directors, employees, contractors, agents, affiliates, and subsidiaries from and against all claims, damages, obligations, losses, liabilities, costs, and expenses arising from (a) your access to and use of the Interface; (b) your violation of these Terms, the right of any third party, or any other applicable law, rule, or regulation; and (c) any other party’s access and use of the Interface with your assistance or using any device or account that you own or control.

9. Limitation of Liability

Under no circumstances shall we or any of our officers, directors, employees, contractors, agents, affiliates, or subsidiaries be liable to you for any indirect, punitive, incidental, special, consequential, or exemplary damages, including (but not limited to) damages for loss of profits, goodwill, use, data, or other intangible property, arising out of or relating to any access to or use of the Interface, nor will we be responsible for any damage, loss, or injury resulting from hacking, tampering, or other unauthorized access to or use of the Interface, or from any access to or use of any information obtained by any unauthorized access to or use of the Interface. We assume no liability or responsibility for any: (a) errors, mistakes, or inaccuracies of content; (b) personal injury or property damage, of any nature whatsoever, resulting from any access to or use of the Interface; (c) unauthorized access to or use of any secure server or database in our control or the use of any information or data stored therein; (d) interruption or cessation of function related to the Interface; (e) bugs, viruses, trojan horses, or the like that may be transmitted to or through the Interface; (f) errors or omissions in, or loss or damage incurred as a result of, the use of any content made available through the Interface; and (g) the defamatory, offensive, or illegal conduct of any third party. Under no circumstances shall we or any of our officers, directors, employees, contractors, agents, affiliates, or subsidiaries be liable to you for any claims, proceedings, liabilities, obligations, damages, losses, or costs in an amount exceeding the greater of (i) the amount you paid to us in exchange for access to and use of the Interface, or (ii) $100.00. This limitation of liability applies regardless of whether the alleged liability is based on contract, tort, negligence, strict liability, or any other basis, and even if we have been advised of the possibility of such liability. Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of certain liabilities and damages. Accordingly, some of the disclaimers and limitations set forth in the Terms may not apply to you. This limitation of liability shall apply to the fullest extent permitted by law.

10. Arbitration, Class Action Waiver, and Governing Law

A. Binding Arbitration Agreement

Except as provided below, you and Pandaswap agree that any and all disputes, claims, or controversies arising out of or relating to these Terms, your use of the Interface, or the relationship between you and Pandaswap (collectively, “Disputes”) shall be resolved exclusively through final and binding arbitration, rather than in court or before a jury.

This includes, but is not limited to:

Disputes arising from product usage or access
Disputes based on statute, contract, tort, or otherwise
Disputes over enforceability or scope of this arbitration clause

You understand and agree that by entering into this agreement, you and Pandaswap are each waiving the right to a trial by jury or to participate in a class action.

B. Exceptions

This arbitration clause does not apply to:

Individual claims filed in small claims court;
Claims for injunctive or equitable relief involving unauthorized use or abuse of Pandaswap’s intellectual property (e.g., trademarks, copyrights, patents, trade secrets).

C. No Class Arbitrations or Representative Actions

You and Pandaswap agree that:

All Disputes must be brought in an individual capacity only, not as a plaintiff or class member in any purported class, collective, or representative proceeding.
The arbitrator may not consolidate more than one person’s claims or preside over any form of a representative or class proceeding.

D. Informal Dispute Resolution

Before initiating arbitration, either party must provide the other written notice of the Dispute and attempt to resolve it informally in good faith within 30 days.

Send notice to: [email protected]
Include: (1) your full name and contact info; (2) a detailed description of the issue; and (3) the remedy you seek.

If unresolved after 30 days, either party may initiate arbitration under this Section.

E. Arbitration Procedure

Governing Rules: Arbitration shall be administered by the London Court of International Arbitration (LCIA) under its Rules in effect at the time of the dispute.
Location: Arbitration shall take place in London, United Kingdom, in the English language, unless otherwise mutually agreed.
Governing Law: This agreement is governed by the laws of the British Virgin Islands, without regard to conflict-of-laws principles.
Filing Deadline: Any arbitration must be filed within 1 year of when the Dispute arose. Failure to do so permanently bars the claim.

F. Arbitrator’s Authority

The arbitrator shall have:

The exclusive authority to resolve all disputes, including procedural and substantive questions of arbitrability;
The power to grant any remedy available in court, consistent with this Agreement;
No authority to consolidate claims or conduct any form of representative or class action arbitration.

G. Jurisdiction and Enforcement

Any judgment on an arbitration award may be entered in any court of competent jurisdiction, excluding U.S. courts unless they are deemed valid under international enforcement standards.
You agree that Pandaswap is based solely in the British Virgin Islands, and your use of the Interface does not establish personal jurisdiction over Pandaswap in any other territory.

H. Severability

If any portion of this Section is found unenforceable by a court of competent jurisdiction, the remainder shall still be enforced to the maximum extent permitted.

I. Opt-Out Clause (Optional but Enforceability Boosting)

You may opt out of this arbitration clause within 30 days of accepting these Terms by sending an email to [email protected] with subject line “Arbitration Opt-Out” and including your name and account ID.
This will not affect other parts of the Terms.

11. Miscellaneous

Changes. We may amend any portion of these Terms at any time by posting the revised version of these Terms with an updated revision date. The changes will become effective and shall be deemed accepted by you, the first time you use or access the Interface after the initial posting of the revised Terms and shall apply on a going-forward basis with respect to your use of the Interface including any transactions initiated after the posting date. In the event that you do not agree with any such modification, your sole and exclusive remedy is to terminate your use of the Interface.

Entire Agreement. These Terms (and any additional terms, rules, and conditions of participation that may be posted on the website of Pandaswap) including the Privacy Policy constitute the entire agreement with respect to the Interface and supersedes any prior agreements, oral or written.

Privacy Policy. The Privacy Policy describes the ways we collect, use, store and disclose your personal information. You agree to the collection, use, storage, and disclosure of your data in accordance with the Privacy Policy.

Severability. If any provision of these Terms shall be determined to be invalid or unenforceable under any rule, law, or regulation of any local, state, or federal government agency, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of these Terms shall not be affected. If such construction is not possible, the invalid or unenforceable portion will be severed from these Terms but the rest of these Terms will remain in full force and effect.

Survival. Upon termination of these Terms for any reason, all rights and obligations of the parties that by their nature are continuing will survive such termination.

English language. Notwithstanding any other provision of these Terms, any translation of these Terms is provided for your convenience. The meanings of terms, conditions, and representations herein are subject to their definitions and interpretations in the English language. In the event of conflict or ambiguity between the English language version and translated versions of these terms, the English language version shall prevail. You acknowledge that you have read and understood the English language version of these Terms.

If you have any questions, claims, complaints, or suggestions, please, contact us at [email protected]

12. Staking Feature Terms

1. Staking Overview

Pandaswap may provide users with access to a staking feature (“Staking”) that allows eligible users to deposit eligible digital assets into smart contracts or validator pools in exchange for rewards. Participation is entirely voluntary and subject to the terms outlined in this Addendum.

By interacting with any Staking functionality, you acknowledge that you have read, understood, and agree to be legally bound by this Addendum in addition to the Terms of Use.

2. Non-Custodial Nature

Pandaswap does not take custody of any digital assets. All staking interactions occur through non-custodial smart contracts. You retain control of your wallet and private keys at all times. Pandaswap does not control, own, or operate the validator nodes unless explicitly stated otherwise.

3. Eligibility

You may only participate in Staking if:

You are not a citizen, resident, or located in a Prohibited Locality as defined in the Terms of Use;
You are of legal age and capacity in your jurisdiction;
You are not acting on behalf of a third party or engaging in any form of sanctions evasion;
You are not a person or entity subject to asset freezes, financial sanctions, or blacklists, including but not limited to OFAC, UK HMT, or EU listings.

4. No Guarantee of Returns

Staking rewards are not guaranteed and may fluctuate based on protocol-level changes, network conditions, slashing events, validator performance, or smart contract behavior.

Past returns are not indicative of future performance. Pandaswap does not promise or guarantee any yield or APY.

5. Risks

By participating in Staking, you understand and accept the following risks, including but not limited to:

Smart contract vulnerabilities or exploits
Validator slashing due to downtime or malicious activity
Protocol changes or governance actions that affect staking mechanics
Loss of access to staked tokens due to wallet compromise or user error
Liquidity delays or lockup periods (if applicable)

You acknowledge that staking involves inherent risks, and you assume full responsibility for any losses or damages.

6. No Fiduciary Relationship

Pandaswap does not act as your agent, advisor, trustee, or fiduciary. Nothing in these Terms constitutes legal, tax, investment, or financial advice.

You are solely responsible for evaluating whether staking is suitable for your personal circumstances.

7. Slashing, Penalties, and Lockups

If the staking mechanism includes slashing (loss of funds due to validator misbehavior), Pandaswap is not liable for any resulting loss. Additionally, certain staking programs may require lockup periods during which your assets cannot be withdrawn. You are responsible for understanding the conditions of each staking pool or program.

8. Termination or Suspension

Pandaswap reserves the right to:

Suspend or discontinue staking features at any time
Modify reward rates, eligibility criteria, or supported assets without notice
Revoke access to users in violation of these Terms or applicable laws

You agree that Pandaswap shall not be liable for any loss of rewards, funds, or opportunities arising from such actions.

9. Tax Compliance

You are solely responsible for:

Determining whether staking rewards are taxable in your jurisdiction;
Reporting and paying any applicable taxes;
Keeping records of staking activity.

Pandaswap does not provide tax documentation or reporting services.

10. Governing Law and Dispute Resolution

This Addendum shall be governed by and construed in accordance with the laws of the British Virgin Islands, consistent with the overarching Terms of Use. Any disputes arising from or relating to staking shall be subject to the binding arbitration and class action waiver clauses outlined in the Terms of Use.

Disclaimer Addendum: Regulatory Compliance and User Acknowledgment

Important Regulatory Notice
Pandaswap is a non-custodial interface to interact with open-source smart contracts on decentralized networks. The Interface does not facilitate the custody, control, or transmission of digital assets on behalf of users. All blockchain transactions are executed directly by the user’s wallet and confirmed by decentralized validators.

Users acknowledge that:

No custodial services, fund management, or asset advisory services are provided by Pandaswap.
All interactions are user-initiated, and no interaction or transaction can be executed without the user’s explicit consent via wallet signature.
Pandaswap does not offer or promote financial products, investment contracts, or securities under the laws of any jurisdiction.
The Interface is not available to persons located in restricted jurisdictions or subject to applicable economic sanctions. Use of VPNs to circumvent restrictions is prohibited.
Pandaswap does not provide financial advice. All content on the Interface is for informational purposes only.

The User acknowledges and agrees to:

Assume full responsibility for all activities conducted through the Interface;
Hold Pandaswap harmless from any loss, liability, or damages arising from user-initiated interactions;
Comply with applicable local laws, including but not limited to tax obligations and reporting requirements.

$PANDASOLANA's Groundbreaking Swap