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Last Updated: December 5, 2024 Please read this disclaimer carefully before using the Limora platform. By accessing or using Limora, you acknowledge that you have read, understood, and agree to be bound by this disclaimer.

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Jurisdiction Restrictions

This product should not be used by anyone from a Disqualified Jurisdiction.

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Disqualified Jurisdictions

“Disqualified Jurisdiction” means:
  • United States
  • Canada
  • Albania
  • Bosnia and Herzegovina
  • Montenegro
  • Macedonia
  • Kosovo
  • Serbia
  • Belarus
  • Burma (Myanmar)
  • Cote D’Ivoire (Ivory Coast)
  • Crimea region
  • Cuba
  • Democratic Republic of Congo
  • Central African Republic
  • Iran
  • Iraq
  • Liberia
  • North Korea
  • Syria
  • Zimbabwe
  • Yemen
  • Venezuela
  • Nicaragua
  • Mali
  • Burundi
  • Lebanon
  • Libya
  • Somalia
  • Sudan
Or any other country or territory that is the subject of country-wide or territory-wide sanctions by the United States, European Union, United Kingdom, or United Nations.

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No Investment Advice

The information provided on the Limora platform and in this documentation:
  • Is not financial, investment, trading, or any other type of advice
  • Should not be treated as a recommendation to buy, sell, or hold any cryptocurrency or financial instrument
  • Is provided for informational and educational purposes only
You should conduct your own research and consult with qualified financial advisors before making any investment decisions.

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Risk Disclosure

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Cryptocurrency Risks

Cryptocurrency trading involves substantial risk of loss and is not suitable for all investors.
  • Volatility: Cryptocurrency prices can fluctuate significantly within short periods
  • Regulatory Risk: Laws and regulations governing cryptocurrencies may change
  • Technology Risk: Blockchain networks may experience outages, attacks, or failures
  • Liquidity Risk: Markets may lack sufficient liquidity to execute trades at desired prices

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Leveraged Trading Risks

Leveraged trading amplifies both gains and losses:
  • You can lose more than your initial collateral
  • Positions may be liquidated automatically if margin requirements are not met
  • Rapid price movements can result in significant losses before stop-loss orders execute
  • Interest accrues on borrowed positions, reducing profitability

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Smart Contract Risks

The Limora platform operates through smart contracts that:
  • May contain bugs or vulnerabilities despite auditing
  • Are immutable once deployed and cannot be easily modified
  • Interact with external protocols that may have their own risks
  • Depend on oracle price feeds that may be delayed or manipulated

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No Guarantees

Limora makes no guarantees regarding:
  • The accuracy, completeness, or timeliness of information displayed
  • The performance or uptime of the platform
  • The security of funds deposited in smart contracts
  • Future functionality or features
  • Returns on any trading activity

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Third-Party Services

The Limora platform integrates with various third-party services including:
  • Blockchain networks (Base, Ethereum)
  • Wallet providers (MetaMask, WalletConnect)
  • Oracle providers for price feeds
  • Bridge services for cross-chain transfers
Limora is not responsible for the operation, security, or availability of these third-party services.

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Not a Broker or Exchange

Limora is:
  • A decentralized protocol facilitating peer-to-peer trading
  • Not a registered broker, dealer, investment advisor, or exchange
  • Not a custodian of user funds
  • Not responsible for matching trades or ensuring counterparty performance
All transactions are executed directly on-chain through smart contracts.

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Tax Obligations

You are solely responsible for:
  • Determining any tax obligations arising from your use of Limora
  • Reporting and paying applicable taxes in your jurisdiction
  • Maintaining records of your transactions
Limora does not provide tax advice and cannot assist with tax-related matters.

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Limitation of Liability

To the maximum extent permitted by applicable law:
  • Limora shall not be liable for any damages arising from your use of the platform
  • This includes direct, indirect, incidental, consequential, or punitive damages
  • Users assume full responsibility for their trading decisions and outcomes

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Acknowledgment

By using the Limora platform, you acknowledge and confirm that:
I am not located in, incorporated in, or a citizen or resident of a Disqualified Jurisdiction.
I understand the risks involved in cryptocurrency trading and leveraged positions.
I am solely responsible for my trading decisions and any resulting gains or losses.
I have read and agree to the Terms of Service and this Legal Disclaimer.

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Contact

For legal inquiries, please contact us on Discord: discord.gg/62kNVXjnVG
This disclaimer is subject to change. Users are encouraged to review it periodically for updates.