Terms of Service

Effective November, 2024

Welcome to NAVRAS Tech! These Terms of Service ("Terms") govern your access to and use of NAVRAS Tech’s websites, platforms, smart contracts, and associated services (collectively, "Services"). By accessing or using our Services, you agree to these Terms in full.

1. Definitions

• "We," "Us," "Our": NAVRAS Tech, its subsidiaries, affiliates, partners, and representatives.

• "You," "User," "Creator," "Trader," "Client": Any individual or entity accessing or using the Services.

• "NAVRAS Tech Ecosystem": Includes the NAVRAS token, wNAVRAS token, staking platform, flash loan utility, WorkNexus dApp, Project Silvercord software, NAVRAS DAO governance tools, and associated technologies.

2. Eligibility

• You must be at least 18 years old or the age of majority in your jurisdiction to use our Services.

• By accessing the Services, you confirm that your use complies with all applicable laws and regulations.

3. Services Overview

NAVRAS Tech provides decentralized finance (DeFi) tools, including (but not limited to):

• "Staking": The creation or participation in staking pools to earn rewards.

• "DAO Governance": Use of wNAVRAS to propose, vote on, and participate in decentralized governance.

• "Blockchain Integration": Interaction with NAVRAS smart contract and token utilities within the Ethereum network.

4. User Responsibilities

• Account Security: Protect your wallet credentials and private keys. NAVRAS Tech cannot recover lost or stolen funds, accounts, wallets, or credentials.

• Compliance: You are responsible for ensuring that your use of the Services complies with all laws and regulations applicable in your jurisdiction.

• Knowledge: You acknowledge and understand the risks associated with cryptocurrency and DeFi, including potential losses.

1. Fees and Payments

• Ethereum and other digital assets are collected in the form of non-refundable fees for certain activities and Services, for the purpose of sustaining NAVRAS Tech, paying for necessary third-party goods and services, and funding current and ongoing development.

• In some instances, collected digital assets and fees may be used to purchase digital assets (ie. NAVRAS tokens) for research, development, quality assurance testing, or to distribute back to users of the NAVRAS Tech ecosystem as rewards or reflections.

1. Intellectual Property

• All content, designs, trademarks, and technologies associated with the NAVRAS Tech Services are owned or licensed by NAVRAS Tech.

• Unless otherwise stated, you may not reproduce, distribute, or create derivative works from our intellectual property without prior written consent.

1. Risk Disclosure

By using the Services, you acknowledge and agree to the following risks:

• Volatility: Decentralized finance and cryptocurrency values are highly volatile and subject to market fluctuations.

• Irreversibility: Blockchain transactions are final and immutable and cannot be reversed or deleted.

• Smart Contract Risks: Smart contracts are considered software, and are subject to contain bugs or vulnerabilities. NAVRAS Tech assumes no liability for such occurrences and cannot recover information or assets that may be exposed or otherwise lost due to such circumstances.

1. Limitations of Liability

NAVRAS Tech is not liable for:

• Loss of funds, data, or reputation arising from the use of the Services.

• Errors, delays, or interruptions of the Services caused by factors outside of our control, including (but not limited to) network congestion or failures, malicious third-party attacks, or regulatory compliance changes.

• Any indirect, incidental, or consequential damages.

1. Prohibited Use and Activity

By using the Services, you acknowledge and agree not to:

• Use the Services for unlawful purposes or to violate regulations.

• Exploit vulnerabilities in smart contracts or platform features, or engage in activities that disrupt or harm the Services, unless otherwise expressly stated or agreed upon through participation in beta testing, bug bounties, or testnet quality assurance initiatives that have been initiated by NAVRAS Tech.

• Engage in activities or behaviors intended to disrupt or harm other users.

1. Termination of Services

NAVRAS Tech reserves the right to suspend or terminate access to the Services at any time and for any reason, including but not limited to violations of these Terms or other ecosystem policies or practices.

1. Indemnification and Compliance

By using the Services, you agree to indemnify and hold harmless NAVRAS Tech, its officers, employees, representatives, partners, and affiliates from any claims, damages, or losses resulting from:

• Regulatory Non-Compliance: Violations of decentralized finance laws, regulations, or compliance obligations in your jurisdiction.

• Misuse of Services: Unauthorized or illegal use of the platform.

• Regulatory Actions: Adverse outcomes resulting from federal, state, or local regulatory changes, including those related to the Internal Revenue Service (IRS), National Treasury, or the U.S. Securities and Exchange Commission (SEC).

NAVRAS Tech is headquartered in Los Angeles, California, and complies with all applicable U.S. federal and state laws. However, the decentralized nature of blockchain technology introduces uncertainties that necessitate users to be solely responsible for understanding and adhering to local laws governing cryptocurrency activities.

1. Changes to the Terms

NAVRAS Tech may update these Terms periodically. Continued use of the Services after updates are posted constitutes acceptance of the revised Terms.

1. Governing Law and Dispute Resolution

These Terms are governed by the laws of the State of California. Any disputes will be resolved through binding arbitration in Los Angeles, California, in accordance with the rules of the American Arbitration Association.