Terms of Service
The binding technical and legal agreement for participation in the RENSNCE DAO ecosystem.
1. Acceptance of Terms
By accessing or using the RENSNCEDAO platform, its smart contracts, or any associated websites (collectively, the "Platform"), you agree to be bound by these Terms of Service. These terms constitute a legally binding agreement between you and RENSNCEDAO. If you do not agree to these terms, you must immediately cease all use of the Platform.
2. Ecosystem Dynamics
Agency
Participants act of their own volition, accepting all risks associated with cryptographic systems.
Governance
Strategic decisions are driven by collective stakeholder consensus as encoded in our facets.
Risk
Blockchain technology is experimental. Users acknowledge the potential for permanent loss of funds.
3. Smart Contract Execution
Much of the Platform operates via the EIP-2535 Diamond Standard on the Base layer-2 network.
- Irreversibility: Transactions executed via smart contracts are immutable and cannot be reversed by RENSNCEDAO.
- Code is Law: The logic encoded within the smart contracts governs the distribution and redemption of the MKVLI token.
- Access: Users are responsible for maintaining the security of their private keys and wallet access.
4. Intellectual Property
All content, trademarks, logos, and software architectures associated with RENSNCEDAO are the exclusive property of RENSNCEDAO, unless otherwise noted for open-source components. Users are granted a limited, non-exclusive license for personal use of the Platform only.
5. Prohibited Activities
Participants may not engage in:
- Exploitation of smart contract vulnerabilities or "hacks."
- Market manipulation or wash trading of MKVLI tokens.
- Use of the Platform for illicit cross-border financial activities.
- Interference with the governance mechanisms of the DAO.
6. Limitation of Liability
THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE." RENSNCEDAO DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED. IN NO EVENT SHALL THE DAO, ITS FACETS, OR ITS CONTRIBUTORS BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES ARISING FROM THE USE OF CRYPTOGRAPHIC TOKENS OR SMART CONTRACTS.
7. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the jurisdiction in which RENSNCEDAO is incorporated, without regard to its conflict of law provisions. Any disputes shall be resolved through binding arbitration.
Legal Inquiries
For official legal inquiries or notices, please contact the Office of General Counsel at:
info@rensnce.com