# Introduction

## Welcome to Sonne Finance

<figure><img src="/files/btNdjT5SHf6Ghj4u4GlO" alt=""><figcaption><p>Embrace the sun</p></figcaption></figure>

Sonne Finance is an EVM compatible lending/borrowing protocol that launched on Optimism and expanded to Base. Sonne Finance provides peer-to-peer lending solutions that are fully decentralized, transparent and non-custodial.&#x20;

Similar to (and based from) existing lending platforms like [Compound Finance](https://compound.finance/) and [AAVE](https://aave.com/) users will be able to lend any supported assets on our platform, and use their capital to borrow supported assets.&#x20;

At launch, Sonne Finance will offer the following high-liquidity money markets with dynamically adjusted incentives:&#x20;

* wETH
* USDC
* USDT
* DAI
* OP
* sUSD

Sonne aims to be the prime lending platform on Optimism and Base by offering highest competitive incentives for money markets, having the deepest liquidity and being native to Optimism.&#x20;

### Links

Sonne Finance : <https://sonne.finance>

Twitter : <https://twitter.com/SonneFinance>

Discord : [https://discord.gg/SonneFinance](https://discord.gg/MrKJHsvYDT)


# Wallet

To use Sonne Finance, you need a MetaMask or web3 wallet connected to the Optimism Mainnet. For more information, visit their [website](https://metamask.io/).

Metamask by default only supports the Ethereum network. However when you connect MetaMask to Sonne , Sonne will automatically configure MetaMask to work with Optimism Mainnet.

To perform transactions on Sonne or any other Optimism protocols, you will need ETH for gas. You can see the current bridges to optimism here: <https://www.optimism.io/apps/bridges>

Or you can watch this video to learn how to bridge ETH or other tokens to Optimism Mainnet:&#x20;

{% embed url="<https://youtu.be/qCywp7HjicU>" %}

{% embed url="<https://youtu.be/pR31stuRejg>" %}


# FAQ & Troubleshoot

This page will be updated more with time.

### Troubleshooting in general

* Try hard refreshing by pressing CTRL+F5 and clearing cache
* Switch from mobile to desktop
* Switch browser
* Make sure you're connected to Optimism Mainnet on your wallet. For bridging, make sure you're connected to the chain/network you want to bridge from.

Come to our [Discord Community](https://discord.gg/MrKJHsvYDT) for more help!


# Video Guide

{% embed url="<https://youtu.be/aQQGzSBWH0M>" %}


# Contract Addresses

{% tabs %}
{% tab title="Protocol (Optimism)" %}

<table><thead><tr><th width="218">Contract</th><th width="443">Address</th></tr></thead><tbody><tr><td>Unitroller</td><td>0x60CF091cD3f50420d50fD7f707414d0DF4751C58</td></tr><tr><td>Comptroller Implementation</td><td>0xDb0C52f1F3892e179a69b19aa25dA2aECe5006ac</td></tr><tr><td>Team Vesting Claim</td><td>0xb4bf17210844418f9f2d3b90036e11aa40517971</td></tr><tr><td>Price Oracle</td><td>0xEFc0495DA3E48c5A55F73706b249FD49d711A502</td></tr><tr><td>Interest Rate Model</td><td>0xbbbd75383f6A61d5EB5b43e94E6372Df6F7f13c6</td></tr><tr><td>soWETH</td><td>0xf7B5965f5C117Eb1B5450187c9DcFccc3C317e8E</td></tr><tr><td>soDAI</td><td>0x5569b83de187375d43FBd747598bfe64fC8f6436</td></tr><tr><td>soUSDC.e</td><td>0xEC8FEa79026FfEd168cCf5C627c7f486D77b765F</td></tr><tr><td>soUSDT</td><td>0x5Ff29E4470799b982408130EFAaBdeeAE7f66a10</td></tr><tr><td>soOP</td><td>0x8cD6b19A07d754bF36AdEEE79EDF4F2134a8F571</td></tr><tr><td>soSUSD</td><td>0xd14451E0Fa44B18f08aeB1E4a4d092B823CaCa68</td></tr><tr><td>uSONNE</td><td>0x41279e29586eb20f9a4f65e031af09fced171166</td></tr><tr><td>sSONNE</td><td>0xdc05d85069dc4aba65954008ff99f2d73ff12618</td></tr><tr><td>soSNX</td><td>0xD7dAabd899D1fAbbC3A9ac162568939CEc0393Cc</td></tr><tr><td>soWBTC</td><td>0x33865E09A572d4F1CC4d75Afc9ABcc5D3d4d867D</td></tr><tr><td>soLUSD</td><td>0xAFdf91f120DEC93c65fd63DBD5ec372e5dcA5f82</td></tr><tr><td>sowstETH</td><td>0x26AaB17f27CD1c8d06a0Ad8E4a1Af8B1032171d5</td></tr><tr><td>soMAI</td><td>0xE7De932d50EfC9ea0a7a409Fc015B4f71443528e</td></tr><tr><td>soUSDCnative</td><td>0x1AfD1fF9E441973B7D34c7B8AbE91d94F1B23ce0</td></tr><tr><td>Multisig </td><td>0x784B82a27029C9E114b521abcC39D02B3D1DEAf2</td></tr><tr><td>SONNE/USDC LP</td><td>0xc899C4D73ED8dF2eAd1543AB915888B0Bf7d57a2</td></tr></tbody></table>
{% endtab %}

{% tab title="Protocol (Base)" %}

<table><thead><tr><th width="218">Contract</th><th width="443">Address</th></tr></thead><tbody><tr><td>Unitroller</td><td>0x1DB2466d9F5e10D7090E7152B68d62703a2245F0</td></tr><tr><td>Comptroller Implementation</td><td>0x076c7883e154F6Cc0cA04888288b350d78cf1321</td></tr><tr><td>Multisig</td><td>0x814ae3e7Bc6B20b4Da64b76A7E66BCa0993F22A8</td></tr><tr><td>SONNE </td><td>0x22a2488fE295047Ba13BD8cCCdBC8361DBD8cf7c</td></tr><tr><td>sobWETH</td><td>0x5F5c479fe590cD4442A05aE4a941dd991A633B8E</td></tr><tr><td>sobDAI</td><td>0xb864BA2aab1f53BC3af7AE49a318202dD3fd54C2</td></tr><tr><td>sobUSDbC</td><td>0x225886C9beb5eeE254F79d58bbD80cf9F200D4d0</td></tr><tr><td>sobUSDC</td><td>0xfd68F92B45b633bbe0f475294C1A86aecD62985A</td></tr><tr><td>SONNE/USDC LP</td><td>0x4cC2FeFB2635C86b1bae1b58E0f60Fb43E95e264</td></tr><tr><td>SONNE/USDC GAUGE (Aerodrome)</td><td>0xCbfeaED3dd9310406c046FB496C7E77f7571a808</td></tr></tbody></table>
{% endtab %}

{% tab title="Token" %}

<table><thead><tr><th width="231">Contract</th><th>Address</th></tr></thead><tbody><tr><td>SONNE</td><td>0x1DB2466d9F5e10D7090E7152B68d62703a2245F0</td></tr><tr><td>Liquidity Generation</td><td>0x17063Ad4e83B0aBA4ca0F3fC3a9794E807A00ED7</td></tr><tr><td>LGE Distributor</td><td>0x2BA86032E601E001AEB0069Efff824BcF699fFc5</td></tr><tr><td>LGE Bonus Distributor</td><td>0x9efF321DdF8AB509c8c65f7e57289258e9c169b1</td></tr><tr><td></td><td></td></tr><tr><td></td><td></td></tr></tbody></table>
{% endtab %}
{% endtabs %}

API for protocol rewards:\
\
<https://api.sonne.finance/staking-apr>

API for circulating supply:\
\
<https://api.sonne.finance/circulating-supply>


# Liquidation

Liquidation is determined by borrow collateral factors (used to determine initial borrowing capacity as well).

When an account’s borrow balance exceeds the limits set by collateral factors, it is eligible for liquidation. A liquidator (a bot, contract, or user) can call the liquidateBorrow function, which relinquishes ownership of the accounts collateral, and returns the value of the collateral, minus a penalty (liquidation factor), to the user in the base asset.&#x20;

**In Sonne Finance, the amount of a position that can be liquidated at one time is set at 50%** (ie. the Close Factor). This means that only part of the borrower's debt is repaid and not all of it.  &#x20;

Each absorption is paid for by the protocol’s reserves of the base asset. In return, the protocol receives the collateral assets. If the remaining reserves are less than the target, liquidators are able to buy the collateral at a discount using the base asset, which increases the protocol’s base asset reserves.


# Collateral and Reserves (Optimism)

{% tabs %}
{% tab title="Reserve Factor" %}
Reserves are an accounting entry in each soToken contract that represents a portion of historical interest which can be withdrawn or transferred through the protocol's governance. A small portion of borrower interest accrues into the protocol, determined by the reserve factor.\
\
The reserve factor is the percentage of interest paid to the Sonne Finance. If the reserve factor is 10, then that would imply a 10% rate of interest paid on the borrowed asset allocated to Sonne.
{% endtab %}

{% tab title="Collateral Factor" %}
soTokens have a collateral factor that can range from between 0-90%, and represents the proportionate increase in liquidity (borrow limit) that an account receives by minting the soToken.

Large or liquid assets tend to have high collateral factors; whereas smaller or more illiquid assets will tend to have lower collateral factors. If an asset has a 0% collateral factor, it cannot be used as collateral (or seized in a forced liquidation event). However, the asset can still be borrowed.

In summary, the Collateral Factor is the maximum you can borrow against a particular asset.<br>

**Example**: if the collateral factor for USDC is 75%, the maximum amount of USDC you would be able to borrow in other assets (assuming a deposit of 1000 USDC) would be $750.
{% endtab %}
{% endtabs %}

[Sonne](https://sonne.finance) implements the collateral and reserve mechanic implemented by Compound Finance.&#x20;

| TOKEN  | COLLATERAL FACTOR | RESERVE FACTOR |
| ------ | ----------------- | -------------- |
| OP     | 65%               | 20%            |
| USDC.e | 85%               | 10%            |
| USDT   | 85%               | 10%            |
| DAI    | 85%               | 10%            |
| sUSD   | 60%               | 20%            |
| wETH   | 75%               | 15%            |
| SNX    | 45%               | 27%            |
| wBTC   | 70%               | 20%            |
| LUSD   | 60%               | 20%            |
| wstETH | 60%               | 18%            |
| MAI    | 0%                | 20%            |
| USDC   | 85%               | 10%            |

***Borrow caps***: \
OP :    4.5M \
SNX :  4.5M&#x20;

{% hint style="info" %}
Collateral factors, and/or reserve factors, may be adjusted from time to time, depending on factors such as the liquidity for a particular asset.
{% endhint %}


# Collateral and Reserves (Base)

{% tabs %}
{% tab title="Reserve Factor" %}
Reserves are an accounting entry in each soToken contract that represents a portion of historical interest which can be withdrawn or transferred through the protocol's governance. A small portion of borrower interest accrues into the protocol, determined by the reserve factor.\
\
The reserve factor is the percentage of interest paid to the Sonne Finance. If the reserve factor is 10, then that would imply a 10% rate of interest paid on the borrowed asset allocated to Sonne.
{% endtab %}

{% tab title="Collateral Factor" %}
soTokens have a collateral factor that can range from between 0-90%, and represents the proportionate increase in liquidity (borrow limit) that an account receives by minting the soToken.

Large or liquid assets tend to have high collateral factors; whereas smaller or more illiquid assets will tend to have lower collateral factors. If an asset has a 0% collateral factor, it cannot be used as collateral (or seized in a forced liquidation event). However, the asset can still be borrowed.

In summary, the Collateral Factor is the maximum you can borrow against a particular asset.<br>

**Example**: if the collateral factor for USDC is 75%, the maximum amount of USDC you would be able to borrow in other assets (assuming a deposit of 1000 USDC) would be $750.
{% endtab %}
{% endtabs %}

[Sonne](https://sonne.finance) implements the collateral and reserve mechanic implemented by Compound Finance.&#x20;

| TOKEN  | COLLATERAL FACTOR | RESERVE FACTOR |
| ------ | ----------------- | -------------- |
| USDbC  | 85%               | 13%            |
| USDC   | 85%               | 13%            |
| DAI    | 85%               | 13%            |
| wETH   | 70%               | 15%            |
| cbETH  | 65%               | 18%            |
| wstETH | 60%               | 18%            |
| AERO   | 30%               | 30%            |

{% hint style="info" %}
Collateral factors, and/or reserve factors, may be adjusted from time to time, depending on factors such as the liquidity for a particular asset.
{% endhint %}


# Interest Rate Model

## Borrow APR

The interest rate model for borrowed assets can be calculated using the following formula:&#x20;

```
= Base + Multiplier * min(UtilizationRate, Kink) + max(JumpMultiplier * UtilizationRate - Kink, 0)
```

## Supply APR

The interest rate model for supplying assets can be calculated using the following formula:

```
= Distribute (Interest Paid by Borrowers Per Block - Reserve) to all suppliers, and convert it into APY

= Distribute [(1 + Borrow APY) ^ (1 / BlocksPerYear) - 1] * Total Borrow * (1 - Reserve Factor) to all suppliers, and convert it into APY

= {[(1 + Borrow APY) ^ (1 / BlocksPerYear) - 1] * Total Borrow * (1 - Reserve Factor) / Total Supply}, and convert it into APY

= {1 + [(1 + Borrow APY) ^ (1/BlocksPerYear) - 1] * Total Borrow * (1 - Reserve Factor) / Total Supply} ^ BlocksPerYear - 1
```


# Audit

Sonne has been audited by the experts of Yearn Finance's yAudit. \
\
The audit has been done in a comprehensive way, auditing **ALL** of the contracts and strategies of Sonne. You can check the audit report below: \
\
<https://reports.yaudit.dev/reports/05-2023-Sonne/>


# Liquidity Generation Event(LGE)

The SONNE token launch will be one of the fairest of DeFi, and it will be based on [TAROT](https://www.tarot.to/) token liquidity generation event.&#x20;

<figure><img src="/files/Mz6r9qzzdWvOBDDFPlQu" alt=""><figcaption></figcaption></figure>

Users who deposit USDC into the LGE contract at any time during the LGE will be apportioned a proportional share of the LGE regular allocation. (3,2% of the total supply of SONNE)

As an additional incentive, users who deposit during the ***first day*** will be apportioned a proportional share of the LGE bonus allocation. (0,3% of the total supply of SONNE)

Claimable SONNE will be based on share of the total deposits at the end of the bonus period. **There is no front-running** and being **first or last** to deposit for either distribution **doesn't matter**.

After the LGE event ends, 3,5% of the total supply of SONNE will be claimed by users who participate in the event.

The entire USDC proceeds from the LGE, along with 2,5% of total supply of SONNE will be used for the SONNE/USDC pair on [Velodrome](https://app.velodrome.finance/).&#x20;

With these conditions, **LGE participants** will **receive 28% more** tokens than they paid for.&#x20;

***(For example, if you participated with 100 USDC, you'll receive 128USDC worth of SONNE tokens at launch.)***

The **LP** tokens received by the LGE contract **will be locked** in the LGE contract for a minimum of **180 days**, ensuring plenty of early liquidity. After the lockup period ends, LP tokens will be transferred to the protocol reserves, where the strategy for their usage will be at the discretion of governance.

**LP tokens will** be staked on Velodrome to **earn VELO**. 10&#x30;**%** of the earned VELO will be distributed **to SONNE stakers**.&#x20;


# Distribution

{% hint style="info" %}
Please note that every country has its own tax codes. Sonne is not responsible for user's actions.&#x20;
{% endhint %}

| Distributed to                         | Token Amount | Percentage |
| -------------------------------------- | ------------ | ---------- |
| Rewards+Bribes (Community)             | 60,000,000   | 60%        |
| Protocol Growth                        | 19,000,000   | 19%        |
| Core Team (3 months cliff/2-year vest) | 12,000,000   | 12%        |
| LGE Participants                       | 3,500,000    | 3.5%       |
| Community Airdrops                     | 3,000,000    | 3%         |
| Initial Liquidity                      | 2,500,000    | 2.5%       |

<figure><img src="/files/ryLofHJVlcXHLWmfLBGz" alt=""><figcaption><p>Token Distribution</p></figcaption></figure>


# Reward Emissions and Bribes

<figure><img src="/files/MtCVuxCtaHNU2133Hy3j" alt=""><figcaption><p>Sonne earns VELO and distributes it to its stakers.</p></figcaption></figure>

* $SONNE will be rewarded to users who lend/borrow tokens in the protocol. Emissions will take place for 3 years.
* $SONNE reward emissions will decrease over time.&#x20;
* For liquidity, Sonne Finance will be bribing [Velodrome Finance](https://velodrome.finance/) on a weekly basis. Instead of giving tokens freely to liquidity providers, Sonne Finance chose this way. Earned VELO will be distributed to $sSONNE stakers on random times each month.&#x20;
* For the first month, $SONNE supply emissions rate will be equal to borrow emissions rate. After the first month, it will be %10-%70-%20 Supply-Borrow-Bribe. The rates can be adjusted via governance in order to keep up with the market.&#x20;

### Emission Schedule

<figure><img src="/files/HtwzQDRioYwQfG4mR15u" alt=""><figcaption><p>$SONNE emissions over month. y-axis represents $SONNE amount, x-axis represents time (every 1 tick represents 1 month or specifically 30-days)</p></figcaption></figure>

| Interval | DAYS | Emission/ month | Emission/ day | Bribes/ day | Lending/ day | Borrow/ day |
| -------- | ---- | --------------- | ------------- | ----------- | ------------ | ----------- |
| 1        | 30   | 4661745         | 155391        | 31078       | 62156        | 62156       |
| 2        | 30   | 4574609         | 152486        | 30497       | 15248        | 106740      |
| 3        | 30   | 4400338         | 146677        | 29335       | 14667        | 102674      |
| 4        | 30   | 4051797         | 135059        | 27011       | 13505        | 94541       |
| 5        | 30   | 3543507         | 118116        | 23623       | 11811        | 82681       |
| 6        | 30   | 2977126         | 99237         | 19847       | 9923         | 69466       |
| 7        | 30   | 2541449         | 84714         | 16942       | 8471         | 59300       |
| 8        | 30   | 2265520         | 75517         | 15103       | 7551         | 52862       |
| 9        | 30   | 2091250         | 69708         | 13941       | 6970         | 48795       |
| 10       | 30   | 1960547         | 65351         | 13070       | 6535         | 45746       |
| 11       | 30   | 1873411         | 62447         | 12489       | 6244         | 43712       |
| 12       | 30   | 1786276         | 59542         | 11908       | 5954         | 41679       |
| 13       | 30   | 1699140         | 56638         | 11327       | 5663         | 39646       |
| 14       | 30   | 1612005         | 53733         | 10746       | 5373         | 37613       |
| 15       | 30   | 1524869         | 50828         | 10165       | 5082         | 35580       |
| 16       | 30   | 1437734         | 47924         | 9584        | 4792         | 33547       |
| 17       | 30   | 1365121         | 45504         | 9100        | 4550         | 31852       |
| 18       | 30   | 1277986         | 42599         | 8519        | 4259         | 29819       |
| 19       | 30   | 1205373         | 40179         | 8035        | 4017         | 28125       |
| 20       | 30   | 1132760         | 37758         | 7551        | 3775         | 26431       |
| 21       | 30   | 1074670         | 35822         | 7164        | 3582         | 25075       |
| 22       | 30   | 1002057         | 33401         | 6680        | 3340         | 23381       |
| 23       | 30   | 943967          | 31465         | 6293        | 3146         | 22025       |
| 24       | 30   | 885876          | 29529         | 5905        | 2952         | 20670       |
| 25       | 30   | 842309          | 28076         | 5615        | 2807         | 19653       |
| 26       | 30   | 798741          | 26624         | 5324        | 2662         | 18637       |
| 27       | 30   | 755173          | 25172         | 5034        | 2517         | 17620       |
| 28       | 30   | 711605          | 23720         | 4744        | 2372         | 16604       |
| 29       | 30   | 682560          | 22752         | 4550        | 2275         | 15926       |
| 30       | 30   | 653515          | 21783         | 4356        | 2178         | 15248       |
| 31       | 30   | 624470          | 20815         | 4163        | 2081         | 14570       |
| 32       | 30   | 595425          | 19847         | 3969        | 1984         | 13893       |
| 33       | 30   | 580902          | 19363         | 3872        | 1936         | 13554       |
| 34       | 30   | 551857          | 18395         | 3679        | 1839         | 12876       |
| 35       | 30   | 537335          | 17911         | 3582        | 1791         | 12537       |
| 36       | 30   | 522812          | 17427         | 3485        | 1742         | 12198       |
| 37       | 15   | 254144          | 16942         | 3388        | 1694         | 11860       |


# The Idea of Andre Cronje

[The origin of our design with velodrome](https://andrecronje.medium.com/ve-3-3-ouroboros-part-2-fees-explored-c8e026841ae)

When Solidly launched, it was the most innovative defi application at its time, and reached 2B$ TVL in almost no time. Poor execution afterwards leads to drop of hype and TVL, but the idea remains genuine and unique.&#x20;

[Velodrome Finance](https://velodrome.finance) team executed the idea incredibly well, and it's one of the main reasons we are **launching our liquidity on Velodrome**!&#x20;

With bribing instead of giving free tokens to liquidity providers, **increasing the farm APR** for our liquidity pair, and **staking on Velodrome, Sonne** looks to **grow liquidity** while **earning VELO**.&#x20;

100% of the earned **VELO** will be **shared** with **Sonne stakers**.&#x20;


# Staking and Revenue Sharing

**sSONNE and uSONNE** represents the staked version of SONNE. The main goal for staking is to distribute protocol revenue and VELO rewards with stakers.&#x20;

Stakers **get** **100% of the protocol revenue and VELO rewards**.&#x20;

Protocol revenue is generated from taking a fee based on reserve factors for different pools. The more riskier the pool is, the more fees will be generated this way.

There will be 2 different pools for staking. One of them will be sSONNE where the rewards will be used for buying SONNE from the market and distributing it to sSONNE stakers.

The other will be uSONNE where the rewards will be used for buying USDC from market and distributing it to uSONNE stakers.

Reward tokens are shared with stakers on a weekly basis because of Velodrome Finance epochs. First rewards will be distributed 1 week later than the protocol deployment. &#x20;

When you wish to unstake, there will be 1 week delay. For example, if you staked and want to unstake in 21 October 2022, you will be able to withdraw your tokens in 28 October 2022. This is a precaution for just in time stakers.

<figure><img src="/files/8KtazjVoJXM5sbIPfBJ4" alt=""><figcaption><p>sSONNE stakers will have 2 streams of revenue</p></figcaption></figure>

### sSONNE Features

* Because we will be distributing VELO rewards, there will be 1 week lock period for sSONNE to prevent just-in-time stakers (generally bots). Other than that, there will be no lockup period for staked SONNE. &#x20;
* **Revenues** will be **distributed** based on your **share of staked SONNE** supply. (If you have 100k sSONNE and there is total of 1M sSONNE, you'll be entitled to %10 of the rewards.

**SONNE stakers receive 100% of the protocol revenue** after 3 month&#x73;**.**&#x20;

**SONNE stakers also receive 100% of the VELO earned through farming.**&#x20;


# Branding

<figure><img src="/files/ehvyphPUM8XTOq2mGCtv" alt=""><figcaption><p>Original Logo</p></figcaption></figure>

<figure><img src="/files/EZkUSJJwpe1uIvyJgjF0" alt=""><figcaption><p>Sonne Original</p></figcaption></figure>

<figure><img src="/files/jXCHzX5lM5KGsFa36hFK" alt=""><figcaption><p>Sonne Finance Original</p></figcaption></figure>

<figure><img src="/files/n5CMJXKRJm3arBSx7c6v" alt=""><figcaption><p>White Logo</p></figcaption></figure>

<figure><img src="/files/Cr4mtmvBiL9eE90lL8mV" alt=""><figcaption><p>Sonne White</p></figcaption></figure>

<figure><img src="/files/DVfZlPJg70QwteU2gVop" alt=""><figcaption><p>Sonne Finance White</p></figcaption></figure>

<figure><img src="/files/mh3ticQHTo6EVmCRe4jw" alt=""><figcaption><p>Black Logo</p></figcaption></figure>

<figure><img src="/files/BZp7skZokIEqiUoO63EK" alt=""><figcaption><p>Sonne Finance Black</p></figcaption></figure>

<figure><img src="/files/Xyf0ojCQm4LGuMtmScnu" alt=""><figcaption><p>Original Token</p></figcaption></figure>

<figure><img src="/files/aHEDh2MblffYNYKI0qbQ" alt=""><figcaption><p>Alternate Token</p></figcaption></figure>


# Legal Disclaimer

Please read this disclaimer carefully before using <https://sonne.finance> and/or any of its sub-domains (hereinafter referred to as the "Website").By using the Website, you confirm that you accept this legal disclaimer and agree to comply with it. If you do not agree, you must not use the Website.

### Information Published Is Not Advice <a href="#information-published-is-not-advice" id="information-published-is-not-advice"></a>

The information provided on the Website does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the Website's content as such. Our team provides the Website as a service to the public, and is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the Website. While the information contained within the website is periodically updated, no guarantee is given that the information provided in the Website is correct, complete, and up-to-date.

### Usage Risks <a href="#usage-risks" id="usage-risks"></a>

The Website will not be responsible for any losses, damages, or claims arising from events falling within the scope of events like, but not limited to: mistakes made by the user (e.g., payments sent to wrong addresses), software problems of the Website or any related software or service (e.g., malware or unsafe cryptographic libraries), technical failures (e.g., hardware wallets malfunction), security problems experienced by the user (e.g., unauthorized access to wallets), actions or inactions of third parties (e.g., bankruptcy of service providers, information security attacks on service providers, and fraud conducted by third parties).

### Investment Risks <a href="#investment-risks" id="investment-risks"></a>

The investment in cryptocurrencies can lead to loss of money and prices having large range fluctuations. The information published on the Website cannot guarantee no money loss.The Website user is responsible for understanding these risks, doing own due diligence, and making own decision on how to interface with the Website.

### Compliance With Tax Obligations <a href="#compliance-with-tax-obligations" id="compliance-with-tax-obligations"></a>

The users of the Website are solely responsible to determinate what, if any, taxes apply to their cryptocurrency holdings. The owners of, or contributors to, the Website are NOT responsible for determining the taxes that apply to user transactions.

### No Warranties <a href="#no-warranties" id="no-warranties"></a>

The Website is provided on an "as is" basis without any warranties of any kind regarding the Website and/or any content, data, materials and/or services provided on the Website.The Website functionality is not guaranteed and could be disabled fully or in part without prior notice.

### Security <a href="#security" id="security"></a>

Security audits don't eliminate risks completely. The Website is not guaranteed to be secure or free from bugs or viruses.

### Limitation of Liability <a href="#limitation-of-liability" id="limitation-of-liability"></a>

Unless otherwise required by law, in no event shall the owners of, or contributors to, the Website be liable for any damages of any kind, including, but not limited to, loss of use, loss of profits, or loss of data arising out of or in any way connected with the use of the Website.

### Arbitration <a href="#arbitration" id="arbitration"></a>

The user of the Website agrees to arbitrate any dispute arising from or in connection with the Website or this disclaimer, except for disputes related to copyrights, logos, trademarks, trade names, trade secrets or patents.