Updated at January 2022

1. Introduction

In these General Terms of Use (“Terms”), “KETOS”, "we" and "us" refers KETOS and we own and operate the website https://ketos.app/ ("the Site") which acts as a front-end to the decentralized KETOS PROTOCOL. These Terms apply to you (“You”) as a user of the Site and KETOS front-end, including all the products, services, tools and information made available on the Site.

Please read these Terms carefully before using the Site. These Terms apply to any person accessing the Site and by using the Site you agree to be bound by them. If you don’t want to be bound by them, you should not access the Site. By using the Site in any capacity, you agree that you have read and understood these Terms.

By reading these Terms carefully, we know that you understand each provision. This agreement contains a mandatory individual arbitration and class action/jury trial waiver provision that requires the use of arbitration on an individual basis to resolve disputes, rather than jury trials or class actions.

You must be able to form a legally binding contract online either as an individual or on behalf of a legal entity. You represent that, if you are agreeing to these Terms on behalf of a legal entity, you have the legal authority to bind the company or other legal entity to these Terms and you are at least 18 years old or the age of majority where you reside, whichever is older, can form a legally binding contract online, and have the full, right, power and authority to enter into and to comply with the obligations under these Terms.

You are advised to check these Terms periodically to familiarize yourself with any changes to the Terms. KETOS in its sole discretion, reserves the right to make changes to our terms of services. Changes are binding on users of the Site and will take effect immediately upon posting. As a user, you agree to be bound by any changes, variations, or modifications to our terms of service and your continued use of the Site shall constitute acceptance of any such changes, variations, or modifications.

KETOS will indicate on the Site the changes to these Terms. You accept by doing so, we provide you with sufficient notice of such change.

Our Privacy Policy and Cookie Policy also apply to your use of the Site.

2. Site

As part of the Site, KETOS provides access to a decentralized finance application (“Application”) on the blockchain, that allows lenders or borrowers of assets on the blockchain (“Cryptocurrency assets”) to transact using smart contracts (“Smart Contracts”).

Using the KETOS PROTOCOL may require that you pay a fee, such as gas charges on the blockchain to perform a transaction. You acknowledge and agree that KETOS has no control over any transactions, the method of payment of any transactions, or any actual payments of transactions. You must ensure that you have a sufficient balance to complete any transaction on the KETOS PROTOCOL before initiating such a transaction.

KETOS protocol does not guarantee the value of any assets (Coins, Tokens, NFTs, etc.) used on the site. You also acknowledge and agree that KETOS has no control over any transactions over KETOS protocol, the method of payment of any transactions, or any actual payments of transactions. Accordingly, you must ensure that you have a sufficient balance of the applicable cryptocurrency tokens stored at your KETOS PROTOCOL-compatible wallet address (“Cryptocurrency Wallet”) to complete any transaction on the KETOS PROTOCOL or the blockchain before initiating such transaction.

3. Access to the Site

Access to the Site is provided “as is” and “as available” basis only. We do not guarantee that the Site, or any content on it, will always be available or uninterrupted. From time to time, access may be interrupted, suspended or restricted, including because of a fault, error or unforeseen circumstances or because we are carrying out planned maintenance.

We reserve the right to limit the availability of the site to any person, geographic area or jurisdiction we so desire and/or to terminate your access to and use of the site, at any time and in our sole discretion.

We may suspend or disable your access to the Site if we consider it reasonable to do so, e.g. you breach these Terms.

We may remove or amend the content of the Site at any time. However, some of the content may be out of date at any given time and we are under no obligation to update it. We do not guarantee that the Site, or any content on it, will be free from errors or omissions.

We will not be liable to you for any loss or damage you may suffer as a result of the Site being unavailable at any time for any reason.