1. Acceptance of Terms
By accessing or using Kaskad, you acknowledge that you have read, understood, and agree to be bound by these Terms of Use. If you do not agree, do not use the protocol or any related services.
2. Nature of the Service
Kaskad is a protocol under active development that facilitates decentralized borrowing of stablecoins using KAS as collateral. While the protocol is designed to become fully decentralized and autonomous, certain elements may currently rely on centralized infrastructure or administrative oversight during early development phases.
3. Eligibility
You must be at least 18 years old and legally permitted to use blockchain-based financial services under the laws of your jurisdiction. You are solely responsible for ensuring that your use of Kaskad complies with all applicable laws and regulations.
4. No Custody – No Guarantees
Kaskad is a non-custodial protocol. Users interact with smart contracts and related tools at their own risk. During beta phases or early access, you may also interact with a centralized management interface (back-office) or supporting infrastructure. These components are provided "as is" and may be subject to downtime, operational errors, security vulnerabilities, or other failures. You acknowledge and accept that any use of centralized elements — including for support, loan management, or collateral tracking — is at your own risk, including but not limited to risks of data breaches, unauthorized access, service interruptions, or total loss of funds.
5. Beta Warning
You acknowledge that Kaskad is in an experimental or beta phase and may contain errors, experience interruptions, or be subject to change without notice. Your use of Kaskad is entirely at your own risk, and you should not use funds you cannot afford to lose.
6. Limitation of Liability
To the fullest extent permitted by law, Kaskad, its developers, contributors, and affiliated parties shall not be liable for any direct, indirect, incidental, special, or consequential damages, including but not limited to loss of funds, revenue, or data arising from the use or inability to use the protocol.
7. Assumption of Risk
Using blockchain-based protocols involves significant risk, including but not limited to the risk of smart contract vulnerabilities, extreme asset volatility, regulatory uncertainty, and total loss of digital assets. By using Kaskad, you represent that you understand these risks and assume full responsibility for any outcomes.
8. No Financial Advice
Nothing in Kaskad, its documentation, or communications constitutes investment, legal, or financial advice. Kaskad does not act as a financial advisor, broker, or custodian. You should consult independent professionals before making any financial decisions.
9. Modifications
We reserve the right to modify or update these Terms of Use at any time without prior notice. Continued use of the protocol after any changes constitutes your acceptance of the updated terms.
10. Governing Law and Jurisdiction
These Terms shall be governed by and construed in accordance with the laws of France. Any dispute arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts located in Paris, France.
