UniOcean

UniOcean Prediction — Terms of Service

Last Updated: July 2, 2026 · Effective Date: July 2, 2026


Document Control & Precedence

These Terms of Service ("Terms") provide the terms and conditions under which you, whether personally or on behalf of an entity ("you" or "your"), are permitted to use, interact with, or otherwise access the interfaces or features provided by UniOcean Labs Ltd. (Company No: BC2188183) ("the Company," "UniOcean," "we," "us," or "our").

These Terms, together with any documents or additional terms or policies appended hereto or that expressly incorporate these Terms by reference, as well as our Privacy Policy, constitute a binding agreement between you and us (collectively, the "Terms").

These Terms apply to: (i) the website located at https://prediction.uniocean.io/ and any other site to which these Terms are posted (each, an "Interface"); and (ii) the blockchain-based smart contract protocol known as "UniOcean Prediction" (the "Protocol" and, together with the Interface, the "Platform") that is made available to users by connecting their self-hosted wallets via an Interface.

UniOcean operates a single-tier platform: there is no separate public information or news layer distinct from the trading application. The entire Platform constitutes Technology Features as that term is used throughout these Terms, and access to any part of the Platform is subject in full to the eligibility and geographic restrictions in Section 1.

NOTICE: PLEASE REVIEW THESE TERMS CAREFULLY. BY ACCESSING, INTERACTING WITH, OR USING THE PLATFORM (INCLUDING BY CONNECTING YOUR WALLET), YOU AGREE THAT YOU ARE ABLE TO ENTER INTO A BINDING AGREEMENT AND, AS SUCH, HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS, INCLUDING THE BINDING ARBITRATION AGREEMENT AND CLASS ACTION WAIVER IN SECTION 9. IF YOU DO NOT AGREE TO ALL OF THESE TERMS, YOU ARE NOT AUTHORIZED TO ACCESS OR USE THE PLATFORM.

These Terms govern the frontend interface and off-chain services UniOcean provides. They do not modify, supersede, or override the immutable logic of the deployed smart contracts. Where a conflict exists between these Terms and the literal on-chain code, the on-chain code controls the actual transfer and settlement of assets — these Terms instead govern your contractual relationship with UniOcean regarding your use of the Interface, your representations to us, and your remedies (or waiver of remedies) against us.


1. Eligibility, Geographic Restrictions & Sanctions Compliance

1.1 Age and Legal Authority

The Platform is intended only for users who are 18 years of age or older. If you are entering into these Terms on behalf of an entity, you represent that you have the legal authority to bind that entity to these Terms. If you do not meet these requirements, you are prohibited from accessing or using the Platform.

1.2 Sophistication Representation

You represent and warrant that you possess sufficient knowledge, market sophistication, experience, and skill to engage with the Platform, including a working understanding of blockchain technology, self-custodial wallets, cryptoasset volatility, and smart contract mechanics sufficient to evaluate the risks described throughout these Terms.

1.3 Restricted Persons & Sanctions

You represent and warrant that you are not, and for the duration of your use of the Platform will not be:

(a) a citizen, resident, or person located in the United States of America, including its territories and possessions ("Restricted Territory");

(b) located, organized, incorporated, or having a registered office or principal place of business in any jurisdiction or territory subject to comprehensive country-wide or territory-wide economic sanctions administered by the U.S. Treasury's Office of Foreign Assets Control ("OFAC"), currently including, without limitation, Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions of Ukraine (together with the Restricted Territory in 1.3(a), the "Restricted Territories");

(c) listed on OFAC's Specially Designated Nationals and Blocked Persons List, or any equivalent sanctions or restricted-party list maintained by the United Nations, the European Union, or the United Kingdom;

(d) in contravention of any anti-money-laundering or counter-terrorist-financing law applicable to you; or

(e) using the Platform on behalf of, for the benefit of, or under the direction or control of, any person or entity described in 1.3(a) through (d).

If at any point the foregoing ceases to be true, you must immediately cease using the Platform.

1.4 IP-Based Geoblocking — Mechanism & Limits

UniOcean uses commercially reasonable IP-address geolocation technology to identify and block access attempts originating from Restricted Territories. You acknowledge and agree that:

(a) IP geolocation is a best-efforts, not guaranteed-accurate technical measure, and may be both over-inclusive and under-inclusive;

(b) UniOcean bears no liability for incorrectly granted or incorrectly denied access resulting from the limitations of IP geolocation technology;

(c) successful technical access to the Platform does not constitute, and shall not be construed as, authorization to use the Platform if you are otherwise a Restricted Person under Section 1.3.

1.5 No KYC — Self-Certification, Subject to Verification on Request

The Platform does not require identity verification (KYC) prior to use. Your eligibility is established through the representations in this Section 1 and your continued compliance with Section 1.6. You acknowledge that the absence of upfront KYC means UniOcean has no independent means of verifying your jurisdiction, identity, age, or legal capacity at the point of access, and that you bear sole responsibility for the truth of your self-certification.

Notwithstanding the foregoing, UniOcean or a third party acting on its behalf may, at any time and at its sole discretion, request additional information from you to confirm that you are not a Restricted Person, including but not limited to documentation supporting your stated jurisdiction or identity. If you do not provide such information within the time period specified by UniOcean, or if UniOcean determines in its sole discretion that the information provided is inadequate, UniOcean may suspend or terminate your access to the Platform, in addition to any other remedy available under these Terms.

1.6 VPN, Proxy & Geoblock Circumvention — Material Breach

You agree not to use a VPN, proxy server, Tor, or any other tool or technique to circumvent, or attempt to circumvent, any geographic restriction applicable to the Platform. There are no exceptions: if you are a Restricted Person, you may not use the Platform under any circumstance, including through such circumvention tools.

Use of such circumvention tools to access the Platform from a Restricted Territory constitutes a material breach of these Terms. Upon discovery of such a breach — whether by UniOcean's own investigation, blockchain analytics, on-chain forensic tooling, or third-party report — UniOcean may, in its sole discretion and without prior notice:

(a) immediately suspend or permanently terminate your access to the Platform's frontend interface; (b) place the wallet address(es) associated with the breach into close-only mode or restrict them from further interface access entirely; (c) decline to provide any further support, assistance, or remediation regarding funds, open positions, or unsettled markets associated with the breaching wallet address.

You expressly acknowledge and agree that UniOcean has no liability whatsoever for funds that become locked, stranded, frozen, or otherwise inaccessible as a result of a wallet address being restricted under this Section 1.6, including funds committed to open positions in markets that have not yet settled at the time of restriction. For an embedded wallet under Section 2.1(b), if you have already exported your private key prior to restriction, you may retain independent access to your funds outside UniOcean's Interface notwithstanding the restriction described above — but UniOcean is under no obligation to facilitate, remind you to complete, or otherwise assist with that export once a breach has been identified, and bears no liability if you have not already done so.


2. Wallet Architecture & Custody Disclosures

2.1 Two Wallet Paths: Self-Custodial Connection vs. Embedded Wallet

The Platform supports two distinct ways of connecting a wallet, and the custody characteristics described in this Section 2 differ depending on which path you use. You should read this section carefully and understand which path applies to you.

(a) Self-Custodial Wallet Connection. You may connect an independent, self-custodial wallet that you control directly (for example, via MetaMask, WalletConnect, or a similar provider) without creating any embedded wallet through UniOcean. For this path, UniOcean has no relationship to your keys whatsoever: UniOcean (i) is not involved in providing or transmitting any information you submit to a blockchain network, (ii) cannot transmit information to networks or otherwise assist in any transaction, (iii) never has access to and cannot control or guarantee anything relating to your wallet, and (iv) has no authority over, and does not take possession or custody of, your cryptoassets at any time. UniOcean cannot access your private key or password for a self-custodial connection, nor can it reverse any transaction you initiate through it.

(b) Embedded Wallet via Privy. Alternatively, UniOcean's Interface can create an embedded wallet on your behalf, linked to your main wallet, using infrastructure provided by Privy (or a successor or equivalent third-party wallet-infrastructure provider), a third party that is not affiliated with UniOcean (the "Wallet Infrastructure Provider"). For this path, the following applies, and differs materially from the self-custodial path described in 2.1(a) above:

(i) UniOcean Labs Ltd. does not directly view, export, or hold the raw private key material for your embedded wallet. Key material for embedded wallets is held within infrastructure operated by the Wallet Infrastructure Provider, not by UniOcean.

(ii) UniOcean does, however, have administrative account-level controls over your embedded wallet through the Wallet Infrastructure Provider's dashboard, including the ability to view your embedded wallet's account status and, in UniOcean's sole discretion (including for violations of these Terms, such as the geoblock-circumvention breach described in Section 1.6), to revoke or restrict your embedded wallet's access through UniOcean's Interface.

(iii) You may export your own private key for your embedded wallet at any time through the Platform's profile/account settings page. This export feature means that, even if UniOcean revokes or restricts your embedded wallet's access through the Interface, you retain an independent means of accessing your embedded wallet and any funds held within it, using the exported key in a third-party wallet application of your choosing, separate from UniOcean's Interface. You are strongly encouraged to export and securely back up your private key promptly after your embedded wallet is created, and not to rely on continued access to UniOcean's Interface as your only means of accessing your funds.

(iv) Because the Wallet Infrastructure Provider, not UniOcean, operates the key-custody infrastructure underlying embedded wallets, you separately accept the operational, security, and business-continuity risk of that third party, including the risk that the Wallet Infrastructure Provider experiences downtime, a security breach, or insolvency. UniOcean does not warrant the Wallet Infrastructure Provider's security practices and is not liable for its acts or omissions, except to the extent caused by UniOcean's own failure to exercise its administrative controls appropriately.

2.2 General Custody Disclaimers (Both Paths)

Regardless of which wallet path you use, all deposits, trades, withdrawals, and settlements occur via signed interactions with the Protocol's smart contracts, and UniOcean at no point takes possession or custody of your underlying cryptoassets themselves — UniOcean's role with respect to embedded wallets under Section 2.1(b) is limited to the administrative account-control relationship described above, exercised through the Wallet Infrastructure Provider, and does not extend to custody of the assets those wallets hold.

You are solely responsible for familiarizing yourself with your chosen wallet path and its security features, including, for a self-custodial connection, your own private keys and passwords, and, for an embedded wallet, your responsibility to export and independently secure your private key as described in Section 2.1(b)(iii). We cannot be responsible for how you use or fail to secure either type of wallet.

2.3 Network Risk — Polygon and the Underlying Protocol

The Company does not own or control the Protocol or the Polygon blockchain network on which the Protocol is deployed, nor the underlying software through which the Polygon network is formed. The software underlying Polygon, like other public blockchain networks, is generally open source, such that anyone can use, copy, modify, and distribute it. The Company is not responsible for the operation of the Polygon network, makes no guarantee regarding its functionality, security, or availability, and has no ability to control, maintain, operate, or improve the network or the activity or data on it.

You acknowledge that the Polygon network, like any blockchain network, is subject to sudden changes in operating rules (commonly known as "forks") that may materially affect the Platform, including the value, transferability, or existence of your deposited collateral, and UniOcean bears no liability for any such change.

2.4 Multi-Chain Funding & Bridging Risk

The Platform's native settlement and collateral layer operates on the Polygon network, using USDT and/or USDC (as designated per market or as you may select at the point of deposit) as the denominated collateral asset. The Platform permits funding from other supported blockchain networks via bridging, swap-aggregation, or cross-chain messaging infrastructure (collectively, "Bridging Infrastructure"), which may be operated by UniOcean, by integrated third-party protocols, or both.

You acknowledge and accept the following risks specific to cross-chain funding:

(a) Third-party bridge risk. If Bridging Infrastructure routes through any third-party bridge, messaging protocol, or liquidity pool not deployed or controlled by UniOcean, you accept all risk of that third party's smart contract failure, exploit, validator collusion, message-relay failure, or insolvency, independent of any fault by UniOcean.

(b) Irreversibility of cross-chain transactions. Bridged transactions, once broadcast, are generally irreversible. A failed, stuck, or partially completed bridge transaction may result in permanent loss of funds with no recovery mechanism available to UniOcean.

(c) Settlement-layer mismatch. Because your originating asset and network may differ from the Polygon-based collateral asset actually used for settlement, you accept any risks arising from price slippage, swap-rate fluctuation, or asset-equivalence assumptions made during conversion.

(d) No guarantee of bridge solvency or uptime. UniOcean makes no representation regarding the solvency, audit status, or continued operation of any third-party bridge integrated into the Platform, and reserves the right to add, remove, or disable bridge integrations at any time without notice.

2.5 Reserved Right — Yield-Bearing Collateral (Future State)

As of the Effective Date, deposited collateral is held in the Protocol's smart contracts in its native stablecoin form and is not currently deployed into any third-party lending, staking, or yield-generating protocol. UniOcean reserves the right, at its sole discretion and with reasonable advance notice posted to the Platform, to introduce yield-bearing collateral mechanisms in future versions of the Protocol.

Should UniOcean activate any such mechanism, the following additional risks will apply from the activation date forward, and continued use of the Platform after such notice constitutes acceptance of these risks:

(a) De-pegging risk of any yield-bearing or wrapped derivative of your deposited stablecoin; (b) Slashing and validator-fault risk if yield is generated via staking or restaking; (c) Smart contract and insolvency risk of the third-party protocol receiving routed collateral, even where UniOcean selected or integrated that protocol; (d) Withdrawal/liquidity risk, including withdrawal queues or lock-up periods that may delay your access to funds beyond normal settlement timing.

2.6 Native Chain Migration (Future State)

UniOcean is developing a proprietary blockchain network ("Native Chain"), currently operating in a test environment ("Testnet") and not used for any live, value-bearing Platform activity as of the Effective Date. UniOcean reserves the right to migrate some or all Platform functionality to the Native Chain upon its mainnet launch, subject to advance notice and, where required, your affirmative consent to migrate existing positions. Use of the Native Chain Testnet, if made available to you, is entirely at your own risk; Testnet activity carries no economic value and is provided for testing purposes only.


3. Platform Operation, Modifications & Discretion

3.1 Broad Right to Modify, Suspend, or Discontinue

We reserve the right, in our sole discretion and at any time, with or without notice, to modify, substitute, restrict access to, suspend, or discontinue (temporarily or permanently) the Platform, or any part of it, for any reason whatsoever — including, without limitation, restricting the Platform to close-only mode, under which existing open positions may be closed but no new positions may be opened.

We will not be liable for any losses suffered by you resulting from any such modification, suspension, restriction, or discontinuation, for any reason. Upon termination of your access, your right to use the Platform immediately ceases.

3.2 Modifications to These Terms

We may modify these Terms at any time, in our sole discretion. The modified Terms will be posted on the Platform with an updated "Last Updated" date and will become effective upon posting. By continuing to access or use the Platform after the effective date of any modification, you agree to be bound by the Terms as modified. It is your responsibility to check the Platform regularly for updates.


4. Trading Mechanics, Fees & Market Structure

4.1 Nature of Contracts

Each market on the Platform represents a binary, event-contingent smart contract position ("Contract") that resolves to one of a finite set of pre-defined outcomes based exclusively on the resolution methodology in Section 5. Contracts are not securities, derivatives, insurance products, or deposits, and nothing on the Platform constitutes a financial promotion, investment advice, or an offer to buy or sell any regulated financial instrument. You are solely responsible for determining whether your participation in any Contract is lawful in your jurisdiction.

4.2 Financial Risk Acknowledgment

Contracts on the Platform are highly experimental, risky, and volatile. By using the Platform to trade and enter into Contracts, you can lose up to the entire amount of the cryptoassets you supply to any Contract. Transactions are irreversible, final, and non-refundable. You acknowledge that displayed prices on the Interface may not reflect executable on-chain prices, and that slippage, MEV (maximal extractable value) activity, network congestion, and other blockchain dynamics may materially affect your actual execution price and outcome. You access and use the Platform entirely at your own risk.

4.3 Fee Structure

UniOcean charges a flat trading fee of 10% of trade notional value, assessed at the time of trade execution ("Trading Fee"). UniOcean reserves the right to modify the Trading Fee at any time, with changes taking effect prospectively for trades executed after the change is published; fee changes do not retroactively apply to positions already opened.

Network (gas) fee allocation is split between you and UniOcean depending on the transaction type, as follows:

(a) You are responsible for network (gas) fees associated with funding your account (depositing collateral) and cross-chain withdrawals, as well as any third-party bridge fees described in Section 2.4, none of which are collected by, or refundable by, UniOcean;

(b) UniOcean bears (sponsors) the network (gas) fees associated with same-chain withdrawals, trading, and market settlement, meaning you are not separately charged gas for these specific transaction types as of the Effective Date.

UniOcean reserves the right to modify this gas-sponsorship allocation at any time, including to reduce or eliminate gas sponsorship for any transaction type currently sponsored under Section 4.3(b), with reasonable notice posted to the Platform; any such change applies prospectively only.

4.4 No Guarantee of Liquidity or Execution

UniOcean does not guarantee that any market will have sufficient counterparty liquidity for you to enter or exit a position at any particular time, price, or size.

4.5 Anti-Manipulation & Prohibited Trading Conduct

You agree that you will not engage in, attempt, or facilitate any activity that violates the integrity of the Platform, including, without limitation:

(a) any fraudulent act or scheme to defraud, deceive, trick, or mislead; (b) front-running, including any attempt to manipulate, exploit, or trade ahead of the timing, sequencing, or content of oracle price feeds described in Section 5; (c) fraudulent trading or fictitious transactions; (d) pre-arranged or non-competitive transactions; (e) cornering, or attempted cornering, of any market; (f) violations of bids or offers; (g) wash trading — placing or accepting buy and sell orders in the same Contract where you know or reasonably should know the purpose is to avoid taking a bona fide market position exposed to market risk; (h) manipulation of any kind, including coordinated multi-account or multi-wallet activity designed to evade position limits, fee structures, or geoblocking restrictions; (i) spoofing — placing buy or sell orders without bona fide intent to transact, with the intent to cancel before execution; (j) knowingly making any bid or offer for the purpose of making a market price that does not reflect the true state of the market; (k) exploiting any known or discoverable smart contract bug, frontend defect, or pricing error to extract value disproportionate to legitimate market participation; or (l) any other trading activity that, in UniOcean's reasonable judgment, is abusive, improper, or disruptive.

UniOcean reserves the right to investigate suspected violations and, in its sole discretion, terminate access, restrict implicated wallet addresses, and pursue available remedies, including cooperation with law enforcement, subject to the limitations on UniOcean's practical ability to affect on-chain settlement described in Section 2.1.

4.6 Tax Responsibility

You acknowledge that using the Platform may result in tax consequences. It is your sole responsibility to determine whether any tax obligations arise from your use of the Platform or participation in any Contract, and you are solely responsible for ensuring compliance with the tax laws of your jurisdiction. UniOcean does not provide tax advice and owes you no duty in this regard.


5. Oracle Resolution & Settlement Finality

5.1 Resolution Source

Each market's outcome is determined exclusively by reference to price data published by the Pyth Network oracle ("Oracle"), read by the Protocol's smart contracts at the specific timestamp, price feed identifier, and methodology defined in that market's individual market specification (each, a "Market Specification"), published when the market is created. The Market Specification is the sole and exclusive source of truth for that market's resolution.

You further acknowledge and understand that the Company is not involved in, and is not responsible for, the resolution of any Contract on the Platform, and that the Company does not control, guarantee, verify, or warrant the accuracy, timing, availability, or operation of the Oracle.

5.2 Fully Automated Settlement — No Human Discretion

Market settlement on the Platform is fully automated. The Protocol's smart contracts read the relevant Pyth price feed at the defined resolution timestamp and settle the Contract programmatically, with no human review, override, discretion, or intervention at any stage of resolution, including with respect to the abort/void determination described in Section 5.3, which is itself encoded directly into the smart contract logic rather than triggered by any administrator.

You expressly agree that the Oracle's reported value at the defined resolution timestamp is legally final and binding on you for all purposes under these Terms, irrespective of:

(a) whether the Oracle's reported value later proves erroneous, stale, manipulated, or the product of a feed outage or technical malfunction; (b) whether the real-world event the market purports to track actually occurred consistently with the Oracle's reported value; (c) whether a corrected, restated, or retracted price was later published by Pyth Network or any other source, if such correction occurs after the Protocol has already read and acted upon the original value.

Because no human or administrative override exists anywhere in the resolution pipeline, UniOcean has no mechanism to reverse, pause, or amend a settlement once the smart contract has executed it, even where UniOcean agrees an error occurred. Any potential remedy is limited as described in Section 5.4 below, and may be unavailable once on-chain settlement has occurred.

5.3 Market Abort, Delay & Ambiguity Protocol

Notwithstanding Section 5.2, certain narrow circumstances are defined in advance, at the Market Specification level, as abort conditions rather than resolution events, and the determination of whether an abort condition has occurred is itself made automatically by the smart contract, with no human or administrative role. An abort condition exists only where one or more of the following is true and is defined as such in the relevant Market Specification:

(a) the relevant Pyth price feed does not publish any value within the defined resolution window; (b) the relevant Pyth price feed's published confidence interval at the resolution timestamp exceeds the threshold defined in the Market Specification (if any such threshold is defined for that market); (c) the underlying real-world event referenced by the market's title is officially postponed, cancelled, or rescheduled beyond the market's defined resolution window, where the Market Specification defines such postponement as an abort condition (not all markets will define this); (d) where no abort condition is defined for a given contingency in a Market Specification, that contingency is not an abort condition, and the market resolves strictly per the Oracle value read at the defined timestamp regardless of surrounding real-world circumstances.

Where a valid abort condition is triggered:

(i) the market is voided; (ii) collateral committed to open positions in the voided market is returned to the originating wallet addresses on a pro-rata basis, less the Trading Fee already collected on executed trades (which is non-refundable); consistent with Section 4.3, UniOcean bears the network gas cost of processing the void/return itself, but does not reimburse any gas you already paid in connection with your original funding deposit for the voided market; (iii) abort processing occurs on the timeline defined in the Market Specification, and UniOcean does not guarantee a specific processing timeframe absent a Market Specification commitment.

Abort conditions are strictly limited to those affirmatively defined in each Market Specification. General real-world ambiguity, controversy, or disagreement about an event's outcome — where the Oracle nonetheless reports a value — is not, by itself, an abort condition, and the market resolves per Section 5.2.

5.4 No Warranty Regarding Oracle Accuracy; Resolution Disputes

UniOcean does not operate, control, or warrant the accuracy, availability, or integrity of the Pyth Network oracle or any underlying data provider feeding into it. UniOcean's selection of Pyth reflects a technical and product decision, not a warranty of Pyth's performance. You acknowledge and agree that the Company is not responsible for any dispute relating to the resolution of any Contract, and that UniOcean is not a party to, and assumes no liability arising from, the operation of third-party oracle infrastructure. Any claim regarding inaccurate or unavailable oracle data should be directed to Pyth Network directly.


6. Intellectual Property Rights

6.1 Ownership & License

UniOcean Labs Ltd. owns all right, title, and interest, including all intellectual property rights, in and to the Platform, including the Interface, frontend code, and any related content and technology, unless otherwise indicated. Subject to these Terms, UniOcean grants you a personal, limited, revocable, non-exclusive, non-sublicensable, non-transferable license to access and use the Platform solely for its intended purpose. You receive no other rights beyond those expressly granted here.

6.2 Feedback & User Content License

You may provide feedback, suggestions, or other communications to UniOcean ("Feedback"). You acknowledge and agree that UniOcean will own all right, title, and interest in and to any Feedback you submit. You represent and warrant that you and your licensors own all right, title, and interest in your Feedback, and that providing it will not violate any third party's rights.

By using the Platform or providing any Feedback or other content ("Content"), you grant UniOcean a royalty-free, fully paid-up, sublicensable, transferable, perpetual, irrevocable, non-exclusive, worldwide license to use, copy, modify, create derivative works of, display, perform, publish, and distribute such Content in any form or medium, including for promoting the Platform.


7. Third-Party Services

The Platform may be integrated with or give access to applications, data, or resources provided by third parties ("Third-Party Services"), including the Pyth Network oracle, the Wallet Infrastructure Provider described in Section 2.1(b), and any Bridging Infrastructure described in Section 2.4. Such Third-Party Services are provided for your convenience only. UniOcean has no control over, and accepts no responsibility for, any Third-Party Service, and your use of any Third-Party Service is entirely at your own risk and subject to that third party's own terms.


8. Disclaimers, Limitation of Liability & Indemnification

8.1 As-Is, As-Available

THE PLATFORM, INCLUDING ITS FRONTEND INTERFACE AND ALL SMART CONTRACTS COMPRISING THE PROTOCOL, IS PROVIDED "AS IS" AND "AS AVAILABLE." UNIOCEAN CANNOT AND DOES NOT GUARANTEE THE FUNCTIONALITY, SECURITY, OR AVAILABILITY OF THE PLATFORM. THE TECHNOLOGIES ON WHICH THE PLATFORM RELIES MAY BE SUBJECT TO SUDDEN CHANGE, AND UNIOCEAN DOES NOT GUARANTEE UNINTERRUPTED OR ERROR-FREE ACCESS, OR THAT YOUR CRYPTOASSETS WILL BE SECURE AT ALL TIMES. YOU ASSUME ALL RISKS RELATED THERETO.

EXCEPT TO THE EXTENT PROHIBITED BY LAW, UNIOCEAN EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, AND QUIET ENJOYMENT, AND DOES NOT WARRANT THAT THE PLATFORM WILL BE ACCURATE, UNINTERRUPTED, ERROR-FREE, OR FREE OF HARMFUL COMPONENTS, OR THAT ANY ASSETS WILL BE SECURE OR NOT OTHERWISE LOST OR ALTERED.

All blockchain transactions are irreversible once broadcast. UniOcean cannot reverse, cancel, or modify any transaction.

8.2 Smart Contract & Protocol Risk Acknowledgment

You expressly acknowledge and accept the following risks, none of which UniOcean warrants against:

(a) Smart contract vulnerabilities. Despite any audits UniOcean may obtain, the Protocol's smart contracts may contain undiscovered bugs or exploitable logic errors. An audit reflects a point-in-time review and is not a guarantee of security.

(b) Exploits and loss of funds. You may lose some or all of your deposited collateral due to a smart contract exploit, flash-loan attack, oracle manipulation, reentrancy attack, or other adversarial action, regardless of whether it targets UniOcean's code or an integrated third-party protocol.

(c) Frontend downtime. The Interface may experience downtime or unavailability for any reason. Frontend downtime does not suspend, pause, or toll any on-chain market resolution timeline — a market may resolve per Section 5 while the frontend is unavailable.

(d) Regulatory risk. The regulatory environment for blockchain-based prediction markets, decentralized applications, and cryptoassets is uncertain and evolving. UniOcean may be required to modify, restrict, or cease Platform operations in response to regulatory developments, and bears no liability for losses arising from such compliance measures.

8.3 Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL UNIOCEAN, ITS AFFILIATES, OR ITS OR THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, REPRESENTATIVES, SUPPLIERS, OR LICENSORS BE LIABLE TO YOU FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING DAMAGES FOR LOST PROFITS, LOST DATA, LOSS OF GOODWILL, BUSINESS INTERRUPTION, OR ANY OTHER INTANGIBLE LOSSES, ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR YOUR USE OF OR INABILITY TO USE THE PLATFORM, REGARDLESS OF THE THEORY OF LIABILITY (CONTRACT, TORT INCLUDING NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE), EVEN IF UNIOCEAN HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, UNIOCEAN'S TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR YOUR USE OF THE PLATFORM SHALL NOT EXCEED THE GREATER OF (A) THE TOTAL AMOUNT OF TRADING FEES ACTUALLY PAID BY YOU TO UNIOCEAN IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO LIABILITY, OR (B) ONE HUNDRED US DOLLARS (USD $100).

8.4 Indemnification

You agree to defend, indemnify, and hold harmless UniOcean, its affiliates, and its and their respective officers, directors, employees, agents, representatives, suppliers, and licensors from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to: (a) your use of the Platform; (b) your violation of these Terms; (c) your violation of any applicable law or regulation; (d) your violation of any rights of any third party; or (e) any content or data you submit, post, or transmit through the Platform.


9. Governing Law, Dispute Resolution & Arbitration

9.1 Governing Law

These Terms and any dispute arising out of or relating to them or the Platform shall be governed by and construed in accordance with the laws of the British Virgin Islands, without regard to conflict-of-law principles.

9.2 Binding Arbitration

Any dispute, controversy, or claim arising out of or relating to these Terms, or the breach, termination, or invalidity thereof, shall be settled by binding arbitration administered by the BVI International Arbitration Centre ("BVI IAC") in accordance with its then-current rules. The seat of arbitration shall be the British Virgin Islands. The arbitration shall be conducted in English. The tribunal shall consist of a single arbitrator appointed in accordance with the BVI IAC rules.

9.3 Class Action Waiver

YOU AND UNIOCEAN AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, COLLECTIVE, REPRESENTATIVE, OR CONSOLIDATED ACTION. Unless both you and UniOcean agree otherwise in writing, the arbitrator may not consolidate the claims of more than one person and may not preside over any form of class, collective, or representative proceeding.

9.4 Limitation Period

Any claim or cause of action arising out of or relating to these Terms or your use of the Platform must be filed within one (1) year after such claim or cause of action arose; otherwise, such claim or cause of action is permanently barred.

9.5 Injunctive Relief

Notwithstanding Section 9.2, UniOcean may seek injunctive or other equitable relief in any court of competent jurisdiction to prevent or restrain infringement of its intellectual property rights, enforcement of its geoblocking and compliance obligations under Section 1, or any threatened harm to its systems or operations.


10. General Provisions

10.1 Entire Agreement

These Terms, together with the Privacy Policy and any other documents expressly incorporated by reference, constitute the entire agreement between you and UniOcean regarding the subject matter hereof, and supersede all prior or contemporaneous agreements, representations, warranties, and understandings.

10.2 Severability

If any provision of these Terms is found to be unlawful, void, or unenforceable, that provision shall be deemed severable and shall not affect the validity and enforceability of the remaining provisions.

10.3 Waiver

No waiver of any term or condition set out in these Terms shall be deemed a further or continuing waiver of such term or condition, or a waiver of any other term or condition. Our failure to exercise or enforce any right or provision under these Terms shall not operate as a waiver of such right or provision.

10.4 Assignment

You may not assign or transfer any of your rights or obligations under these Terms without UniOcean's prior written consent. UniOcean may freely assign or transfer its rights and obligations under these Terms without restriction.

10.5 Force Majeure

UniOcean shall not be liable for any failure or delay in performing its obligations under these Terms where such failure or delay arises from causes beyond UniOcean's reasonable control, including acts of God, natural disasters, pandemic, war, terrorism, riots, embargoes, acts of governmental authorities, fire, floods, network infrastructure failures, strikes, or shortages of transportation, facilities, fuel, energy, labor, or materials.

10.6 Contact Information

For questions or concerns regarding these Terms, please contact us at support@uniocean.io.


See also: Privacy Policy