Terms of Service
Taraswap Terms of Service
Last Modified: February 18, 2025
These Terms of Service (the "Agreement") govern the terms and conditions under which you may access and use the services provided by Taraswap (referred to as "Taraswap," "we," "our," or "us"). By using any of our services, you signify that you have read, understood, and agreed to be bound by this Agreement in its entirety. If you do not agree, you are not authorized to use our services.
1. Our Services
1.1 The Interface
Taraswap provides a web-based interface that allows users to interact with Uniswap v3 smart contracts deployed exclusively on the Taraxa and Taraxa Testnet blockchains. Our services facilitate:
Trading of compatible digital assets.
Providing liquidity through Uniswap v3 pools.
Querying and analyzing market data for Taraxa ecosystem assets.
Taraswap does not operate, control, or modify Uniswap v3 smart contracts or their underlying protocol. We merely provide an interface for interacting with them within the Taraxa ecosystem. Taraswap is not responsible for trade execution or liquidity provision.
1.2 Wallet Connection
To access our services, you must connect a non-custodial wallet that allows interaction with the Taraxa blockchain. Your relationship with your wallet provider is governed by their respective terms of service. Taraswap does not store, control, or have access to your private keys, wallet contents, or transaction history beyond what is publicly available on the blockchain.
1.3 Liquidity Services
Taraswap enables users to provide liquidity to Uniswap v3 pools on the Taraxa blockchain. Liquidity providers earn fees from trades occurring within the pool but are also exposed to risks such as impermanent loss. Taraswap does not act as a liquidity provider, nor do we guarantee any return on liquidity provision.
1.4 Third-Party Integrations
Taraswap may integrate with third-party services such as analytics providers, liquidity aggregators, and blockchain explorers. Any use of third-party services is at your discretion and governed by their respective terms and policies.
1.5 Age Requirement
To use Taraswap, you must be at least 18 years old. By accessing or using our services, you represent and warrant that you are at least 18 years of age. If you do not meet this requirement, you are not authorized to use our services.
2. User Responsibilities and Risks
2.1 Compliance with Laws
You represent and warrant that your use of Taraswap complies with all applicable laws and regulations. You may not use our services if you are subject to any economic or trade sanctions.
2.2 No Financial Advice
Taraswap does not provide financial, investment, tax, or legal advice. All trades are executed at your discretion, and you assume full responsibility for your trading decisions and associated risks.
2.3 Assumption of Risk
By using Taraswap, you acknowledge and accept the following risks:
Market Volatility: Digital asset prices are highly volatile and may fluctuate significantly.
Liquidity Risks: Liquidity pool contributions are subject to impermanent loss and other inherent risks.
Blockchain Risks: Transactions may be delayed, lost, or fail due to network congestion, smart contract bugs, or other blockchain-related factors.
Regulatory Uncertainty: The legal and regulatory framework for decentralized finance (DeFi) is evolving and may impact the availability of our services.
3. Trading and Custody
3.1 Trading
You agree and understand that:
(a) All trades you submit through any of our services are considered unsolicited, meaning they are solely initiated by you.
(b) You have not received any investment advice from us in connection with any trades, including those you place via our Auto Routing API.
(c) We do not conduct a suitability review of any trades you submit.
3.2 Non-Custodial and No Fiduciary Duties
Taraswap is a purely non-custodial application, meaning we do not ever have custody, possession, or control of your digital assets at any time. You are solely responsible for the custody of the cryptographic private keys to your digital asset wallets and should never share your wallet credentials or seed phrase with anyone.
We accept no responsibility for, or liability to you, in connection with your use of a wallet and make no representations or warranties regarding how any of our services will operate with any specific wallet. You are solely responsible for any associated wallet, and we are not liable for any acts or omissions by you in connection with or as a result of your wallet being compromised.
This Agreement is not intended to, and does 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 any such duties or liabilities that may exist at law or in equity are irrevocably disclaimed, waived, and eliminated.
4. Compliance and Tax Obligations
4.1 Compliance
One or more of our services may not be available or appropriate for use in your jurisdiction. By accessing or using Taraswap, you agree that you are solely and entirely responsible for compliance with all applicable laws and regulations.
4.2 Tax Obligations
Your use of Taraswap may result in various tax consequences, such as income or capital gains tax, value-added tax, goods and services tax, or sales tax in certain jurisdictions. It is your responsibility to determine whether taxes apply to any transactions you initiate or receive and, if so, to report and/or remit the correct tax to the appropriate tax authority.
4.6 Gas Fees
Blockchain transactions require the payment of transaction fees to the appropriate network ("Gas Fees"). Except as otherwise expressly set forth in the terms of another offer by Taraswap, you will be solely responsible to pay the Gas Fees for any transaction that you initiate via any of our services.
4.7 Release of Claims
You expressly agree that you assume all risks in connection with your access and use of any of our services. You further expressly waive and release us from any and all liability, claims, causes of action, or damages arising from or in any way relating to your use of any of our services. If you are a California resident, you waive the benefits and protections of California Civil Code § 1542, which provides: "[a] general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party."
5. Cross chain swaps
Any and all cross-chain swap functionality provided by Taraswap is operated by our partner, TeleSwap, under their Terms and Conditions and Privacy Policy.
Taraswap does not control, manage, or oversee any aspect of the cross-chain swaps facilitated by TeleSwap. By using the cross-chain swap functionality, you acknowledge and agree that:
Your transactions are subject to TeleSwap’s operational terms, conditions, and fees.
Taraswap does not assume any responsibility for the performance, reliability, or security of TeleSwap’s services.
You bear all risks associated with utilizing cross-chain swaps, including potential delays, smart contract vulnerabilities, network congestion, and loss of funds.
Any disputes or issues arising from cross-chain swaps should be directed to TeleSwap’s support team, as Taraswap is not liable for resolving such matters.
6. Contact Information
For any questions regarding these Terms or data rights, please reach us on our Telegram @taraswap.
By using Taraswap, you confirm that you have read, understood, and agreed to this Agreement in its entirety.
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