Risk Disclosure Statement
General Risk Acknowledgment
By using Dexponent Inc. ("Dexponent," "we," "us," or "our") services, you acknowledge and accept the inherent risks associated with blockchain-based technologies and decentralized finance (DeFi). The following risk factors are critical to understanding before engaging with our platform. This Risk Disclosure Statement is not exhaustive and aims to provide you with an overview of the most significant risks.
Regulatory and Legal Risks
The decentralized finance (DeFi) markets are subject to evolving regulatory and legal frameworks across various jurisdictions. Changes in regulations or enforcement actions may impact the legality, taxation, or operations of our services. There is a risk that regulatory actions could affect the availability and functionality of our platform, and we are not liable for any adverse effects that may arise from such changes.
Technological Risk
Our platform relies on blockchain technology, smart contracts, and other decentralized technologies that are inherently complex. Technical issues, such as bugs, vulnerabilities, or hacking attempts, may compromise the security of your assets. While we employ robust security measures to protect our platform, there is no guarantee against all potential technological failures or attacks.
Counterparty Risk
When engaging in transactions or using services that involve third parties (such as liquidity providers or other decentralized platforms), there is a risk that these parties may fail to meet their obligations. This could result in financial loss or other negative impacts. We strive to work with reputable partners but are not responsible for any issues arising from third-party actions or failures.
Operational Risk
Operational risks include the possibility of system downtime, errors, or service disruptions. Although we aim to provide reliable and uninterrupted service, there may be periods when our platform is unavailable due to maintenance, technical problems, or unforeseen events. We are not liable for any losses resulting from such disruptions.
Economic and Market Risk
The value of digital assets and DeFi products can be highly volatile. Market conditions may fluctuate rapidly due to various factors, including economic events, market sentiment, or geopolitical developments. You should be prepared for significant changes in asset values and understand that investments in these assets may result in substantial gains or losses.
Security Risk
While we implement industry-standard security practices, no system is entirely immune to threats. Risks such as data breaches, phishing attacks, or unauthorized access could impact the security of your account and assets. You are encouraged to follow best practices for account security and report any suspicious activities to us promptly.
Risk of Loss of Access
You are responsible for maintaining the security of your login credentials and other access mechanisms. Loss of access to your account, whether due to forgotten passwords, security breaches, or other issues, may result in an inability to access your assets. We are not liable for losses resulting from your inability to access your account.
Risk of Regulatory Changes
The regulatory environment for DeFi is continually evolving. Changes in laws or regulations may impact the functionality or legality of our services. You are responsible for understanding and complying with any relevant laws and regulations that apply to your use of our platform.
Risk of Insufficient Liquidity
Certain assets or services on our platform may have limited liquidity, which could affect your ability to buy, sell, or exchange them at desired prices. Market liquidity can vary based on trading volume and other factors, and you should be aware of potential liquidity risks when engaging in transactions.
Risk of Market Manipulation
The DeFi market may be susceptible to manipulation by various actors, including but not limited to, coordinated trading practices or misinformation. Such activities may affect asset prices and market behavior, which could impact your investments.
Risk of Legal Disputes
Disputes related to the use of our platform or the execution of transactions may arise. You agree to resolve any such disputes through the mechanisms outlined in our Terms of Service and to seek legal remedies as applicable.
Acknowledgment of Risks
By using our services, you acknowledge that you have read, understood, and accepted the risks outlined in this Risk Disclosure Statement. You agree to use our platform at your own risk and to conduct your due diligence before making any financial or investment decisions.
Changes to the Risk Disclosure Statement
We may update this Risk Disclosure Statement from time to time to reflect changes in our practices, regulations, or market conditions. We will notify you of significant updates, and you are encouraged to review this statement periodically to stay informed about the risks associated with our services.
