Terms of Service

Last updated: January 26, 2025

1. Acceptance of Terms

By accessing or using UPool ("Service"), you agree to be bound by these Terms of Service ("Terms"). If you disagree with any part of these terms, you may not access the Service. UPool is a decentralized social funding platform built on the Base blockchain that enables users to create funding pools, earn yield, and achieve goals through milestone-based unlocking.

2. Description of Service

UPool provides:

  • Social funding pool creation and management
  • DeFi yield farming through Morpho Protocol integration
  • Milestone-based fund unlocking mechanisms
  • Farcaster Mini App integration for social discovery
  • Base blockchain smart contract interactions
  • Community governance and trust scoring

3. User Accounts and Eligibility

Eligibility Requirements

  • You must be at least 18 years old
  • You must have legal capacity to enter into contracts
  • You must not be located in a restricted jurisdiction
  • You must comply with all applicable laws and regulations

Account Security

  • You are responsible for securing your wallet and private keys
  • Never share your wallet credentials or recovery phrases
  • Report suspicious activity immediately
  • Use strong authentication methods when available

4. Pool Creation and Participation

Pool Creators

  • Must provide accurate and truthful information about pool purposes
  • Are responsible for setting realistic milestones and timelines
  • Must manage pools in good faith and in participants' best interests
  • Cannot use pools for illegal activities or fraud

Pool Participants

  • Must conduct due diligence before joining pools
  • Understand that contributions may be subject to smart contract risks
  • Agree to milestone validation processes
  • Accept yield farming risks and potential losses

5. Financial Risks and Disclaimers

DeFi and Blockchain Risks

  • Smart Contract Risk: Smart contracts may contain bugs or vulnerabilities
  • Market Risk: Cryptocurrency values can fluctuate significantly
  • Yield Risk: DeFi protocols may experience losses or reduced returns
  • Liquidity Risk: Funds may become temporarily inaccessible
  • Regulatory Risk: Laws may change affecting service availability

No Investment Advice

UPool does not provide investment, financial, or legal advice. All decisions to participate in pools or yield farming activities are made at your own risk and discretion.

6. Prohibited Activities

You may not use the Service to:

  • Engage in illegal activities or money laundering
  • Create fraudulent or misleading pools
  • Manipulate milestone validation processes
  • Harass, abuse, or harm other users
  • Interfere with the Service's operation or security
  • Violate intellectual property rights
  • Attempt to circumvent access controls or restrictions

7. Fees and Payments

  • UPool may charge fees for certain services
  • Blockchain transaction fees (gas) are paid separately
  • DeFi protocol fees may apply to yield farming activities
  • Fee structures will be clearly disclosed before transactions
  • Fees are generally non-refundable

8. Intellectual Property

The Service and its original content, features, and functionality are owned by UPool and are protected by international copyright, trademark, patent, trade secret, and other intellectual property laws.

9. Privacy and Data

Your privacy is important to us. Please review our Privacy Policy, which also governs your use of the Service, to understand our practices regarding your personal information.

10. Service Availability

  • Service availability is not guaranteed and may be interrupted
  • We may modify, suspend, or discontinue features at any time
  • Maintenance and updates may cause temporary unavailability
  • Blockchain network issues may affect service functionality

11. Disclaimers and Limitation of Liability

Disclaimers

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

Limitation of Liability

IN NO EVENT SHALL UPOOL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS OR REVENUES, WHETHER INCURRED DIRECTLY OR INDIRECTLY, OR ANY LOSS OF DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES.

12. Indemnification

You agree to defend, indemnify, and hold harmless UPool and its officers, directors, employees, and agents from and against any claims, damages, obligations, losses, liabilities, costs, or debt arising from your use of the Service.

13. Dispute Resolution

  • Most disputes can be resolved through our support system
  • Disputes may be subject to binding arbitration
  • Class action lawsuits are waived where legally permissible
  • Governing law depends on your jurisdiction

14. Termination

We may terminate or suspend your access to the Service immediately, without prior notice or liability, for any reason, including breach of these Terms. Upon termination, your right to use the Service will cease immediately.

15. Changes to Terms

We reserve the right to modify or replace these Terms at any time. If a revision is material, we will try to provide at least 30 days' notice prior to any new terms taking effect.

16. Contact Information

If you have any questions about these Terms of Service, please contact us:

Email: legal@upool.fun

Support: Contact Form

Address: UPool Team, [Address to be provided]

By using UPool, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service and our Privacy Policy.