| Before | After | ||
|---|---|---|---|
| 0 | Terms of Use LAST UPDATED: FEBRUARY 2024 Terms of Use Important notice: This agreement is subject to binding arbitration and a waiver of class action right as detailed in section 11. | 0 | Terms of Use LAST UPDATED: JUNE 2026 Terms of Use Important notice: This agreement is subject to binding arbitration and a waiver of class action rights as detailed in section 11. |
| 7 | These Terms of Use, including their appendix (the “Terms,” “Terms of Use” or “Agreement”) contain the terms and conditions that govern your access to and use of the Site and Offerings provided by us and is an agreement between us and you or the entity you represent (“you” or “your”). | 7 | These Terms of Use, including Appendix 1 - Additional Offerings and any other appendices attached hereto (collectively the “Terms,” “Terms of Use” or “Agreement”) contain the terms and conditions that govern your access to and use of the Site and Offerings provided by us and is an agreement between us and you or the entity you represent (“you” or “your”). |
| 9 | By using the Site, clicking a button or checkbox to accept or agree to these Terms where that option is made available, clicking a button to use or access any of the Offerings, completing an Order, or, if earlier, using or otherwise accessing the Offerings (the date on which any of the events listed above occur being the “Effective Date”), you (1) accept and agree to these Terms and any additional terms that apply to certain Additional Offerings (as defined below), rules and conditions of participation issued by Consensys from time to time and (2) consent to the collection, use, disclosure and other handling of information as described in our https://consensys.io/privacy-notice . | 9 | By using the Site, clicking a button or checkbox to accept or agree to these Terms where that option is made available, clicking a button to use or access any of the Offerings, completing an Order, or, if earlier, using or otherwise accessing the Offerings (the date on which any of the events listed above occur being the “Effective Date”), you (1) accept and agree to these Terms and any additional terms that apply to certain Additional Offerings (as defined below), rules and conditions of participation issued by Consensys from time to time and (2) agree to the collection, use, disclosure and other handling of information as described in our Privacy Notice. |
| 14 | If you are a consumer located in the United Kingdom, the European Union, or the EEA, you may have certain statutory rights under applicable consumer protection laws, and nothing in these Terms is intended to limit or exclude those rights where it would be unlawful to do so. | ||
| 15 | In the event of conflict between such laws and these Terms, those laws will prevail. | ||
| 26 | Such terms may also apply a privacy policy different than that which Consensys maintains and incorporates into this Agreement. | 28 | Such terms may also apply a privacy notice different than that which Consensys maintains and incorporates into this Agreement. |
| 27 | It is your responsibility to understand the terms and conditions of Third Party Services, including how those service providers use any of your information under their privacy policies. | 29 | It is your responsibility to understand the terms and conditions of Third Party Services, including how those service providers use any of your information under their privacy notices. |
| 37 | We reserve the right to change, suspend, remove, disable, or impose access restrictions or limits on the use of any Third Party Service at any time without notice. 1.4 Support. | 39 | We reserve the right to change, suspend, remove, disable, or impose access restrictions or limits on the use of any Third Party Service at any time without notice. 1.3.1. mUSD. |
| 40 | Without limiting Section 1.3, you acknowledge and agree that mUSD is a digital asset that is issued, administered, governed, supported, and/or made available by one or more third parties, and is not issued by Consensys. | ||
| 41 | To the extent mUSD is viewable, accessible, supported, or otherwise available through any Offering, mUSD constitutes, or is made available in connection with, a Third Party Service and/or Third Party Content for purposes of this Agreement. | ||
| 42 | Your acquisition, holding, transfer, receipt, sale, swap, bridge, redemption, spending, or other use of mUSD is at your own election and risk and may be subject to separate terms, conditions, policies, disclosures, technical limitations, and eligibility requirements imposed by the applicable issuer, administrator, smart contract operator, compliance provider, security provider, payment provider, liquidity provider, or other third party. | ||
| 43 | We do not control the issuer of mUSD, the reserves, or the redemption mechanics, and we may not control any or all smart contract administration, validator or sequencer activity, compliance controls, or policies applicable to mUSD. | ||
| 44 | We do not guarantee that mUSD will be available, transferable, accepted, redeemable, or maintain any particular value or peg at all times, or be subject to certain legal or regulatory treatment in any jurisdiction. | ||
| 45 | For the avoidance of doubt, we do not control and are not responsible for any action or inaction of any third party relating to mUSD, including any determination regarding whether a wallet address, smart contract, person, jurisdiction, or transaction is suspicious, restricted, prohibited, fraudulent, sanctionable, unlawful, or otherwise high risk. 1.3.2. mUSD Compliance and Security Controls. | ||
| 46 | You understand and accept that the issuer of mUSD, and any third-party compliance, security, analytics, fraud-prevention, sanctions-screening, monitoring, or similar provider engaged by, acting on behalf of, or otherwise authorized to support the mUSD program, may monitor activity relating to mUSD and may be able to restrict, freeze, or otherwise impair or prevent the minting, redemption, or use of mUSD by particular wallet addresses, accounts, persons, smart contracts, protocols, or transactions. | ||
| 47 | You further understand and accept that such actions may occur with or without prior notice where such third party believes, suspects, or determines, in its discretion or pursuant to applicable law, regulation, court order, subpoena, sanctions requirement, contractual arrangement, internal policy, or compliance or security determination, that an address, account, person, counterparty, smart contract, protocol, jurisdiction, or transaction is suspicious, prohibited, unauthorized, fraudulent, sanctionable, unlawful, or otherwise inconsistent with applicable requirements or program rules. | ||
| 48 | We are not responsible for reviewing, validating, challenging, reversing, or remediating any such determination or action. 1.4 Support. | ||
| 43 | You further acknowledge that we will not offer support via SMS, WhatsApp, Telegram, WeChat, or Twitter DMs, and that we will never ask you for your private key or secret recovery phrase or for you to make a payment to us. 2. | 54 | You further acknowledge that we will not offer support via SMS, WhatsApp, Telegram, WeChat, or Twitter DMs, and that we will never ask you for your private key or secret recovery phrase or for you to make a payment to us. 1.5 Disclosure of AI Interaction. |
| 55 | Certain features of the Offerings (i.e. MetaMask Agent Wallet) are powered by artificial intelligence and machine learning technologies. | ||
| 56 | In accordance with applicable laws, including the EU AI Act, we identify these features as AI-driven systems. | ||
| 57 | By using these specific features, you acknowledge that you are interacting with an automated system rather than a natural person. 2. | ||
| 52 | For any Offerings, whether they require that you set up an account with Consensys (such as Diligence) or they do not (such as MetaMask), and except to the extent caused by our breach of this Agreement, (a) you are responsible for all activities that occur with respect to your use of the Offerings, regardless of whether the activities are authorized by you or undertaken by you, your employees or a third party (including your contractors, agents or other End Users), and (b) we and our affiliates are not responsible for unauthorized access to the Offerings or your account, including any access that occurred as a result of fraud, phishing, or other criminal activity perpetrated against you by third parties. | 66 | For any Offerings, whether they require that you set up an account with Consensys (such as Infura) or they do not (such as MetaMask), and except to the extent caused by our breach of this Agreement, (a) you are responsible for all activities that occur with respect to your use of the Offerings, regardless of whether the activities are authorized by you or undertaken by you, your employees or a third party (including your AI Agents, contractors, agents or other End Users), and (b) we and our affiliates are not responsible for unauthorized access to the Offerings or your account, including any access that occurred as a result of fraud, phishing, or other criminal activity perpetrated against you by third parties. |
| 60 | To the extent we provide you with log-in credentials and API authentication generated by the Offerings, such log-in credentials and API authentication are for your use only and you will not sell, transfer, or sublicense them to any other entity or person, except that you may disclose your password or private key to your agents and subcontractors performing work on your behalf. 3.4 Applicability to Offerings that facilitate access to addresses on blockchain protocols. | 74 | To the extent we provide you with log-in credentials, API authentication, or unique identifiers generated by the Offerings (collectively, “Credentials”), such log-in Credentials are for your use only. |
| 75 | You will not sell, transfer, or sublicense them to any other entity or person, except that you may disclose your Credentials to your authorized AI Agents or subcontractors performing work on your behalf. | ||
| 76 | (a) Responsibility for Agents. | ||
| 77 | If you provide Credentials to an AI Agent, you remain fully responsible for all actions taken by such AI Agent using those Credentials, including any transactions on blockchain protocols or breaches of these Terms. | ||
| 78 | You must ensure that any AI Agent deployed by you is configured to interact with the Offerings in a manner that complies with the Acceptable Use Policy in Section 13. | ||
| 79 | You must monitor and, where applicable, promptly revoke any permissions, delegations, or approvals that you grant to any AI Agent. | ||
| 80 | (b) Security. | ||
| 81 | You are solely responsible for maintaining the confidentiality of Credentials shared with AI Agents. | ||
| 82 | We take no responsibility for any loss of assets or data resulting from the compromise, unauthorized access, or unintended autonomous behavior of an AI Agent authorized by you. 3.4 Applicability to Offerings that facilitate access to addresses on blockchain protocols. | ||
| 94 | For Paid Plans, Consensys may terminate this Agreement for any reason after providing 30 calendar days’ written notice. | 116 | For Paid Plans, Consensys may terminate this Agreement for any reason after providing 30 calendar days' written notice. |
| 104 | Except as provided in this Section 7, we obtain no rights under this Agreement from you (or your licensors) to Your Content; however, you consent to our use of Your Content in any manner that is consistent with the purpose of your use of the Offerings or that otherwise facilitates providing the Offerings to you. 7.2 Offerings License. | 126 | Except as provided in this Section 7, we obtain no rights under this Agreement from you (or your licensors) to Your Content; however, you consent to our use of Your Content in any manner that is consistent with the purpose of your use of the Offerings or that otherwise facilitates providing the Offerings to you. |
| 127 | Notwithstanding anything to the contrary, we may use de-identified metadata, usage patterns, and aggregated performance data derived from your use of the Offerings (“Usage Data”) to improve our algorithms and Offerings to the extent permitted by data protection law. | ||
| 128 | You agree that we own all right, title, and interest in and to any improvements or derivative works created using such Usage Data. 7.2 Offerings License. | ||
| 119 | (a) You will defend, indemnify, and hold harmless us, our affiliates and licensors, and each of their respective employees, officers, directors, and representatives from and against any Losses arising out of or relating to any claim concerning: (a) breach of this Agreement or violation of applicable law by you; or (b) a dispute between you and any of your customers or users. | 143 | You will defend, indemnify, and hold harmless us, our affiliates and licensors, and each of their respective employees, officers, directors, and representatives from and against any Losses arising out of or relating to any claim concerning: (a) breach of this Agreement or violation of applicable law by you; or (b) a dispute between you and any of your customers or users. |
| 120 | You will reimburse us for reasonable attorneys’ fees and expenses, associated with claims described in (a) and (b) above. | 144 | You will reimburse us for reasonable attorneys’ fees and expenses, associated with claims described in (a) and (b) above. 8.2 Intellectual Property. |
| 121 | (b) We will defend, indemnify, and hold harmless you and your employees, officers, directors, and representatives from and against any Losses arising out of or relating to any claim concerning our material and intentional breach of this Agreement. | — | Removed |
| 122 | We will reimburse you for reasonable attorneys’ fees and expenses associated with the claims described in this paragraph. 8.2 Intellectual Property. | — | Removed |
| 124 | (b) Subject to the limitations in this Section 8 and the limitations in Section 10, we will defend you and your employees, officers, and directors against any third-party claim alleging that the Offerings infringe or misappropriate that third party’s intellectual property rights, and will pay the amount of any adverse final judgment or settlement. | 146 | (b) Consensys's aggregate liability under this Section 8.2 shall not exceed the greater of (a) twelve (12) months of fees paid by you for the applicable Offering in the twelve months preceding the claim, or (b) two hundred fifty thousand dollars ($250,000), excluding attorneys' fees. |
| 125 | However, we will not be required to spend more than $200,000 pursuant to this Section 8, including without limitation attorneys’ fees, court costs, settlements, judgments, and reimbursement costs. | 147 | The foregoing cap shall not apply to indemnification obligations arising from Consensys's gross negligence or willful misconduct. |
| 132 | YOU ACKNOWLEDGE AND AGREE THAT YOU HAVE NOT RELIED AND ARE NOT RELYING UPON ANY REPRESENTATION OR WARRANTY FROM CONSENSYS THAT IS NOT OTHERWISE IN THIS AGREEMENT OR IN A SEPARATE WRITTEN AGREEMENT BETWEEN US, AND YOU AGREE YOU WILL NOT TAKE A POSITION IN ANY PROCEEDING THAT IS INCONSISTENT WITH THIS PROVISION. 9.2 RISKS. | 154 | YOU ACKNOWLEDGE AND AGREE THAT YOU HAVE NOT RELIED AND ARE NOT RELYING UPON ANY REPRESENTATION OR WARRANTY FROM CONSENSYS THAT IS NOT OTHERWISE IN THIS AGREEMENT OR IN A SEPARATE WRITTEN AGREEMENT BETWEEN US, AND YOU AGREE YOU WILL NOT TAKE A POSITION IN ANY PROCEEDING THAT IS INCONSISTENT WITH THIS PROVISION. |
| 155 | (a) WITHOUT LIMITING SECTION 9.1, YOU UNDERSTAND AND ACCEPT THAT CONSENSYS DOES NOT CONTROL mUSD, THE ISSUER OF mUSD, OR ANY THIRD PARTY SERVICE RELATING TO MUSD, INCLUDING ANY THIRD-PARTY COMPLIANCE, SECURITY, ANALYTICS, FRAUD-PREVENTION, SANCTIONS-SCREENING, MONITORING, PAYMENT, OR LIQUIDITY PROVIDER. | ||
| 156 | YOU UNDERSTAND AND ACCEPT THAT ANY SUCH THIRD PARTY MAY RESTRICT, REJECT, DELAY, BLOCK, BLACKLIST, FREEZE, QUARANTINE, DISABLE, SEIZE, BURN, OR OTHERWISE IMPAIR YOUR ABILITY TO ACCESS, HOLD, TRANSFER, RECEIVE, REDEEM, SWAP, BRIDGE, SPEND, OR OTHERWISE USE mUSD. | ||
| 157 | YOU AGREE THAT YOU ALONE, AND NOT CONSENSYS, ARE RESPONSIBLE FOR YOUR DECISION TO ACQUIRE, HOLD, OR USE mUSD OR TO ENGAGE IN ANY TRANSACTION INVOLVING MUSD. | ||
| 158 | YOU FURTHER UNDERSTAND AND ACCEPT THAT ADDRESSES OR TRANSACTIONS ASSOCIATED WITH ACTUAL OR SUSPECTED FRAUDULENT, UNAUTHORIZED, SANCTIONABLE, UNLAWFUL, OR OTHER SUSPICIOUS ACTIVITY MAY BE SUBJECT TO RESTRICTION OR FREEZE, AND THAT SUCH ACTIONS MAY RESULT IN LOSS OF ACCESS, LOSS OF USE, LOSS OF LIQUIDITY, FAILED SETTLEMENT, DELAY, DEVALUATION, OR OTHER LOSS. | ||
| 159 | CONSENSYS IS NOT RESPONSIBLE FOR ANY SUCH LOSS OR FOR THE REGULATORY STATUS, TREATMENT, OR ENFORCEMENT POSTURE APPLICABLE TO mUSD IN ANY JURISDICTION. 9.2 RISKS. | ||
| 183 | THE FOREGOING DISCLAIMER WILL NOT APPLY TO THE EXTENT PROHIBITED BY LAW. 10.3 mUSD. | ||
| 184 | WITHOUT LIMITING SECTION 10.1 OR 10.2, CONSENSYS SHALL HAVE NO LIABILITY TO YOU ARISING OUT OF OR RELATING TO ANY FREEZE, BLOCK, BLACKLIST, RESTRICTION, DELAY, REJECTION, SEIZURE, BURN, DISABLEMENT, OR OTHER COMPLIANCE OR SECURITY ACTION AFFECTING mUSD THAT IS TAKEN OR NOT TAKEN BY THE ISSUER OF mUSD OR ANY THIRD PARTY SERVICE OR THIRD PARTY CONTENT PROVIDER. | ||
| 185 | THIS INCLUDES ANY ALLEGED LOSS OF ACCESS, LOSS OF USE, LOSS OF VALUE, LOSS OF OPPORTUNITY, FAILED PAYMENT, FAILED SETTLEMENT, LIQUIDATION, TAX CONSEQUENCE, PENALTY, OR OTHER LOSS OR DAMAGE ARISING OUT OF OR RELATING TO SUCH ACTION OR INACTION. | ||
| 190 | You will not assign or otherwise transfer this Agreement or any of your rights and obligations under this Agreement, without our prior written consent. | 220 | You may not assign or transfer any of your rights or obligations under these Terms without our prior written consent. |
| 191 | Any assignment or transfer in violation of this Section 12.1 will be void. | 221 | We may freely assign or transfer these Terms, or any of our rights or obligations hereunder, without your consent, including in connection with a merger, acquisition, corporate restructuring, change of control, or sale of all or substantially all of our assets. |
| 192 | We may assign this Agreement without your consent (a) in connection with a merger, acquisition or sale of all or substantially all of our assets, or (b) to any Affiliate or as part of a corporate reorganization; and effective upon such assignment, the assignee is deemed substituted for us as a party to this Agreement and we are fully released from all of our obligations and duties to perform under this Agreement. | 222 | Any purported assignment in violation of this section shall be null and void. |
| 193 | Subject to the foregoing, this Agreement will be binding upon, and inure to the benefit of the parties and their respective permitted successors and assigns. 12.2 DAOs. As a blockchain native company, we may interact with and provide certain Offerings to DAOs. Due to the unique nature of DAOs, to the extent the DAO votes in favor of and/or accepts such Offerings from Consensys, the DAO has acknowledged and agreed to these Terms in their entirety. 12.3 Entire Agreement and Modifications. | 223 | Subject to the foregoing, these Terms will bind and inure to the benefit of the parties and their respective permitted successors and assigns. 12.2 DAOs. As a blockchain native company, we may interact with and provide certain Offerings to DAOs. Due to the unique nature of DAOs, to the extent the DAO votes in favor of and/or accepts such Offerings from Consensys, the DAO has acknowledged and agreed to these Terms in their entirety. 12.3 Entire Agreement and Modifications. |
| 225 | You agree not to, and not to allow third parties to, use the Offerings: to violate, or encourage the violation of, the legal rights of others (for example, this may include allowing End Users to infringe or misappropriate the intellectual property rights of others in violation of the Digital Millennium Copyright Act); to engage in, promote or encourage any illegal or infringing content; for any unlawful, invasive, infringing, defamatory or fraudulent purpose (for example, this may include phishing, creating a pyramid scheme or mirroring a website); to intentionally distribute viruses, worms, Trojan horses, corrupted files, hoaxes, or other items of a destructive or deceptive nature; to interfere with the use of the Offerings, or the equipment used to provide the Offerings, by customers, authorized resellers, or other authorized users; to disable, interfere with or circumvent any aspect of the Offerings (for example, any thresholds or limits); to generate, distribute, publish or facilitate unsolicited mass email, promotions, advertising or other solicitation; or to use the Offerings, or any interfaces provided with the Offerings, to access any other product or service in a manner that violates the terms of service of such other product or service. “API” means an application program interface. “API Requests” has the meaning set forth in Section 5.3. “Applicable Threshold” has the meaning set forth in Section 4.2. “Base Fees” has the meaning set forth in Section 4.2. “Content” means any data, text, audio, video or images, software (including machine images), and any documentation. “DAO” means Decentralized Autonomous Organization. “Digital Assets” means any digital asset (including virtual currency or virtual commodity) which is a digital representation of value based on (or built on top of) a cryptographic protocol of a computer network. “End User” means any individual or entity that directly or indirectly through another user: (a) accesses or uses Your Content; or (b) otherwise accesses or uses the Offerings under your account. “Fees” has the meaning set forth in Section 4.2. “Losses” means any claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees).’ “Our Content” means any software (including machine images), data, text, audio, video, images, or documentation that we offer in connection with the Offerings. “Our Marks” means any trademarks, service marks, service or trade names, logos, and other designations of Consensys Software Inc. and their affiliates or licensors that we may make available to you in connection with this Agreement. “Order” means an order for Offerings executed through an order form directly with Consensys, or through a cloud vendor, such as Amazon Web Services, Microsoft Azure, or Google Cloud. “Offerings” means each of the products and services, including but not limited to Codefi, Infura, MetaMask, Quorum and any other features, tools, materials, or services offered from time to time, by us or our affiliates. “Policies” means the Acceptable Use Policy, Privacy Policy, any supplemental policies or addendums applicable to any Service as provided to you, and any other policy or terms referenced in or incorporated into this Agreement, each as may be updated by us from time to time. “Privacy Policy” means the privacy policy located at https://consensys.io/privacy-notice (and any successor or related locations designated by us), as it may be updated by us from time to time. “Service Offerings” means the Services (including associated APIs), Our Content, Our Marks, and any other product or service provided by us under this Agreement. | 255 | You agree not to, and not to allow third parties to, use the Offerings: to violate, or encourage the violation of, the legal rights of others (for example, this may include allowing End Users to infringe or misappropriate the intellectual property rights of others in violation of the Digital Millennium Copyright Act); to engage in, promote or encourage any illegal or infringing content; for any unlawful, invasive, infringing, defamatory or fraudulent purpose (for example, this may include phishing, creating a pyramid scheme or mirroring a website); to intentionally distribute viruses, worms, Trojan horses, corrupted files, hoaxes, or other items of a destructive or deceptive nature; to interfere with the use of the Offerings, or the equipment used to provide the Offerings, by customers, authorized resellers, or other authorized users; to disable, interfere with or circumvent any aspect of the Offerings (for example, any thresholds or limits); to generate, distribute, publish or facilitate unsolicited mass email, promotions, advertising or other solicitation; or to use the Offerings, or any interfaces provided with the Offerings, to access any other product or service in a manner that violates the terms of service of such other product or service. “AI Agents” means autonomous or semi-autonomous software programs authorized by you, users or End Users to interact with the Offerings, execute transactions, or manage data on your, the user’s, or End User’s behalf. “AI Offerings” means any features within the Offerings that utilize artificial intelligence, machine learning, or similar technologies to generate content, provide insights, or automate tasks. “API” means an application program interface. “API Requests” has the meaning set forth in Section 5.3. “Applicable Threshold” has the meaning set forth in Section 4.2. “Base Fees” has the meaning set forth in Section 4.2. “Content” means any data, text, audio, video or images, software (including machine images), and any documentation. “DAO” means Decentralized Autonomous Organization. “Digital Assets” means any digital asset (including virtual currency or virtual commodity) which is a digital representation of value based on (or built on top of) a cryptographic protocol of a computer network. “End User” means any individual or entity that directly or indirectly through another user: (a) accesses or uses Your Content; or (b) otherwise accesses or uses the Offerings under your account. “Fees” has the meaning set forth in Section 4.2. “Losses” means any claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees).’ “Our Content” means any software (including machine images), data, text, audio, video, images, or documentation that we offer in connection with the Offerings. “Our Marks” means any trademarks, service marks, service or trade names, logos, and other designations of Consensys Software Inc. and their affiliates or licensors that we may make available to you in connection with this Agreement. “Order” means an order for Offerings executed through an order form directly with Consensys, or through a cloud vendor, such as Amazon Web Services, Microsoft Azure, or Google Cloud. “Offerings” means each of the products and services, including but not limited to Codefi, Infura, MetaMask, Quorum and any other features, tools, materials, or services offered from time to time, by us or our affiliates. “Policies” means the Acceptable Use Policy, Privacy Notice, any supplemental policies or addendums applicable to any Service as provided to you, and any other policy or terms referenced in or incorporated into this Agreement, each as may be updated by us from time to time. “Privacy Notice” means the privacy notice located at https://consensys.io/privacy-notice (and any successor or related locations designated by us), as it may be updated by us from time to time. “Service Offerings” means the Services (including associated APIs), Our Content, Our Marks, and any other product or service provided by us under this Agreement. |
| 228 | Appendix 1 - Additional Offerings In addition to the Service Offerings described in the Terms, the ffollowing services ("Additional Offerings") may be made available by Consensys to You. | 258 | Appendix 1 - Additional Offerings In addition to the Service Offerings described in the Terms, the following services ("Additional Offerings") may be made available by Consensys to You. |
| 257 | After Upon expiration of that 90 day notice period, in its sole discretion, Consensys may initiate the un-stake process on your behalf and your staked tokens and any rewards issued by the third party protocol to the wallet you staked with and will not accessible by Consensys. 1.6 No Guarantee of Rewards. | 287 | Upon expiration of that 90 day notice period, in its sole discretion, Consensys may initiate the un-stake process on your behalf and your staked tokens and any rewards issued by the third party protocol to the wallet you staked with and will not be accessible by Consensys. 1.6 No Guarantee of Rewards. |
| 261 | Linea and Bridging Please visit the Linea Terms of Service . Terms of Use | 291 | SMG - MEV Protection and Orderflow Auction 2.1 General. |
| 292 | Through our SMG Offering, the MEV Protection service (“MEV Protection”) allows you to route transaction data through a private orderflow auction ("OFA") rather than the public mempool. | ||
| 293 | This service is designed to mitigate the impact of "frontrunning" and "sandwich attacks" by third parties. 2.2 Role of Searchers. | ||
| 294 | By enabling MEV Protection, you expressly authorize us to share your transaction data with a network of third-party ("Searchers”). | ||
| 295 | You acknowledge and agree that: (A)Searchers are permitted to bid for the right to "backrun" your transaction (placing a transaction immediately following yours in a block); (B) This coordination is intended to prevent "toxic" MEV (such as frontrunning) while allowing "benign" MEV (such as backrunning/arbitrage); and (C) We do not control the specific strategies employed by third-party Searchers. 2.3 Winning Bids and Rebates. | ||
| 296 | When a Searcher submits a winning bid through the OFA, the bid amount will be distributed as follows: (A) the user rebate in which a portion of the bid will be sent to your originating wallet address, and (B) a validator/network split in which the remaining portion will be sent to the network validators or relevant protocol participants. | ||
| 297 | The specific split ratios are determined by the technical parameters of the MEV Blocker and may change without prior notice. | ||
| 298 | We do not guarantee that any specific transaction will result in a winning bid or a rebate. 2.4 Execution Risks. | ||
| 299 | While MEV Protection aims to provide a "safety-first" routing path, you acknowledge that there may be latency due routing through an OFA resulting in slower inclusion times compared to the public mempool. | ||
| 300 | In rare cases, the coordination between Searchers and builders may lead to different transaction execution outcomes or reverts that would not have occurred in the public mempool. 2.5 No Guarantee of Protection. | ||
| 301 | This service is provided on an "as is" basis. | ||
| 302 | We do not guarantee total protection against all forms of MEV or exploitation. 3. | ||
| 303 | Money Account 3.1 General. | ||
| 304 | Money Account allows you to deposit eligible Digital Assets into vaults that are deployed on blockchain protocols and that use third-party infrastructure and strategy services to allocate assets across selected DeFi protocols. | ||
| 305 | Consensys provides the interface through which you access Money Account. 3.2 Third Party Services. | ||
| 306 | Without limiting the general Third-Party Content and Services provisions in Section 1.3 of the Terms, you acknowledge and agree that the infrastructure, vault, strategy, risk monitoring, and related services used in connection with Money Account constitute Third Party Services and/or Third Party Content for purposes of this Agreement. | ||
| 307 | You view, access, and use such services at your own election and risk. | ||
| 308 | We do not control the design, operation, availability, performance, or security of any third party infrastructure or strategy service used in connection with Money Account, and we are not responsible for any action or inaction of any such third party. 3.3 Yield and Risk. | ||
| 309 | The APY shown in connection with Money Account is variable and not guaranteed. | ||
| 310 | Yield may increase, decrease, or be zero. | ||
| 311 | In some cases, you may receive less than the amount you put into Money Account. | ||
| 312 | Money Account involves, among other risks, smart contract risk, protocol risk, strategy and allocation risk, liquidity risk, and operational risk. | ||
| 313 | Withdrawals may be delayed or unavailable from time to time, including where liquidity is limited or an underlying protocol is unavailable or impaired. 3.4 Regulatory Treatment. | ||
| 314 | Money Account is not a bank account, savings account, or insured deposit product. | ||
| 315 | We do not make any representation regarding the legal or regulatory treatment of Money Account in any jurisdiction. | ||
| 316 | Money Account is not available in any jurisdiction where it is restricted or unavailable, as identified by us from time to time. 3.5 No Advice. | ||
| 317 | Money Account and any information shown in connection with it are provided for informational purposes only and do not constitute investment, financial, tax, or legal advice, or a recommendation to use any specific strategy, protocol, or digital asset. | ||
| 318 | If you are unsure about the suitability of any Offering, you should seek independent advice. Terms of Use | ||
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