Welcome to https://bifi.finance, the official website and interface (the “Interface”, “App” or “Service”) provided by Bifrosoft PTE LTD (“We, “our”, or “us”). The service provides access to a decentralized non-custodial protocol called BiFi, or BiFi Finance comprised of open-source self-executing smart contracts that are deployed on various public blockchains such as Ethereum. We do not control any blockchain networks.
We reserve the right, at our sole discretion, to modify these Terms from time to time at any time. Once any part of the Terms is updated and in effect, you continued access and use of the Service will serve as confirmation of your acceptance to those modifications. If you do not agree with any modifications of these Terms, you must immediately stop using the Service and access the Website.
All information provided through your access and use of the Website and Service is intended for informational purposes only. We strive our effort to deliver the accurate information, we do not guarantee the accuracy, completeness, and timeliness of the information provided. Information may be outdated. You should not solely rely on information on bifi.finance, including but not limited to the docs.bifi.finance (“Developer Docs”) or any information that we make available at any time, including Medium posts, data, articles, links to third-party content, news, tutorials, tweets, and videos. You acknowledge and agree that we shall not be responsible, directly or indirectly, for any damage or loss caused or caused by in any connection with the use of such content, and service available on or through Website and Service.
Control of assets
We, along with any affiliated parties, do not have possession, custody, or control over any crypto assets or funds associated with transactions on the blockchain networks underlying the BiFi protocol. When you interact with our Service, you retain full control over your crypto assets at all times.
No control or guarantee over the wallets.
To interact with Service, you will need to interact through your self-custodial wallet. It is essential to understand that your self-custodial wallet is provided by a third-party entity and is generally governed by separate terms and conditions set by the respective third-party service provider. These terms and conditions may involve additional fees, disclaimers, or risk warnings related to the accuracy and reliance on the provided information. Review the terms associated with your self-custodial wallet provider to ensure compliance and be aware of any changes or risks.
We are not intermediaries, agents, advisors, or custodians, and we do not have any relationship or obligation to you regarding any other decisions or activities that you affect when using our Service. You are solely responsible for your actions on our Website and Service.
No access to information beyond what is publicly available via the blockchain.
Associated blockchain fees.
Transactions on blockchain may require you to pay gas fees, which are network transaction fees paid on every transaction on the blockchain network and gas fees are non-refundable.
3. Assumption of Risks
Risks involved with novel technology
You acknowledge and agree that technologies such as smart contracts on various blockchains, cryptographic tokens generated by smart contracts and other related services are novel, risky, experimental and subject to change. Bugs, malfunctions, cyberattacks, or changes on the blockchain could disrupt technology and even result the total loss of crypto assets, market value, and funds. We have no liability or responsibility for any such risks.
Liability with third-party Services
We do not assume liability or have responsibility of third-party services, including but not limited to any blockchain networks, application such as MetaMask, and we do not represent the contents of any third-party services. You are fully responsible for the use of third-party services, including but not limited to your self-custodial wallet.
Risks of using Service
You are solely responsible for evaluating the Website and Service before use, as all transactions on the blockchain are irreversible, final, and without refunds. The Services may be disabled, disrupted, or adversely impacted as a result of sophisticated cyberattacks, computer viruses, and/or other operational or technical challenges. By using Website and Service, you agree to accept these risks and acknowledge that you will not hold Bifrosoft PTE LTD for any consequent losses.
Restriction on your access to the Service
Do not guarantee the quality or accessibility of the Website and Services.
You understand, agree and acknowledge that Website and Service may be temporarily inaccessible or inoperable for various reasons, including equipment malfunctions, maintenance, factors beyond our control, or unavailability of third-party service providers or external partners.
You understand, agree and acknowledge that you will access and use the Website and Service at your own risk. You represent that you have been, are, and will be solely responsible for your own actions considering the risks of a blockchain technology such as transaction, smart contracts and crypto assets.
4. Prohibited Conduct
You agree not to engage, attempt to engage in, any of the following prohibited activities while using the Website and Services:
a) Using the Website and Service to promote or conduct illegal activities, including but not limited to money laundering, tax evasion, purchasing or buying illegal drugs, and finance terrorism.
b) Engage in any activities that seek to interfere with the security and proper functioning of the computer, server, network, any device, including but not limited to the deployment of viruses malicious codes, and conducting denial of service attacks.
c) Attempt to violate any copyright, trademark, patent, right of privacy or intellectual property rights under any law.
d) Use the service for false or fraudulent pretenses or being deceitful.
e) Attempt to engage in activities that violate any applicable law, rule or regulation of relevant jurisdiction.
You agree and acknowledge that if you engage in prohibited conduct by any applicable law, we reserve the right to restrict, deny, or revoke your access to the Services, either completely or permanently, at our sole discretion.
We reserve the right to investigate any prohibited activities and may disclose any necessary information to satisfy any law, regulation, legal process, or government request.
You are solely responsible for paying taxes, duties and imposed by any governmental authority associated with their use of the Service.
6. Limitation of Liability
THE SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. WE AND OUR PARENTS, SUBSIDIARIES, AFFILIATES, RELATED COMPANIES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, REPRESENTATIVES, PARTNERS, AND LICENSORS (COLLECTIVELY, THE “BIFI ”) MAKE NO GUARANTEES OF ANY KIND IN CONNECTION WITH THE SERVICES. TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, THE BIFI INDEMNIFIED PARTIES DISCLAIM ALL WARRANTIES AND CONDITIONS, WHETHER EXPRESS OR IMPLIED, OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT AND DISCLAIM ALL RESPONSIBILITY AND LIABILITY FOR:
- INFROMATION AVAILABLE THROUGH THE WEBSITE AND SERVICE IS PROVIDED FOR GENRAL INFORMATION ONLY AND SHOULD NOT BE RELIED OR USED AS THE SOLE BASIS FOR MAKING DECISIONS. ANY RELIANCE ON THE WEBSITE AND SERVICE IS AT YOUR OWN RISK.
- VIRUSES, WORMS, TROJAN HORSES, TIME BOMBS, CANCEL BOTS, SPIDERS, MALWARE, OR OTHER TYPE OF MALICIOUS CODE THAT MAY BE USED IN ANY WAY TO AFFECT THE FUNCTIONALITY OR OPERATION OF THE SERVICES.
THE MATERIALS APPEARING ON THE WEBSITE AND SERVICES COULD INCLUDE TECHNICAL, TYPOGRAPHICAL, OR PHOTOGRAPHIC ERRORS. WE DO NOT WARRANT THAT ANY OF THE MATERIALS ON WEBSITE AND SERVICE ARE ACCURATE, COMPLETE OR CURRENT. WE AND THIRD-PARITIES MAY MAKE CHANGES TO THE MATERIALS CONTAINED ON WEBSITE AND SERVICE AT ANY TIME WITHOUT NOTICE.
Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of certain liabilities and damages. Accordingly, some of the disclaimers and limitations set forth in this Agreement may not apply to you. This limitation of liability shall apply to the fullest extent permitted by law.
You will indemnify, defend and hold harmless BiFi and its affiliates and its and officers, directors, employees, agents and representatives (the “BiFi parties”), from and against any claims, disputes, demands, liabilities, damages, losses and costs and expenses, including, without limitation, legal and accounting fees, arising out of, relating to or related to any (a) your access to our use the Website, Services, and Content, (b) your content, (c) Third-party Services, (d) violation of these terms.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU ACKNWOLEDGE AND AGREE THAT YOU WILL NOT BE ENTITLE TO SEEK OR OBTAIN ANY INJUNCTION OR OTHER EQUITABLE RELIEF OF ANY KIND, SUCH AS ANY COURT OR OTHER ACTION THAT MAY INTERFERE WITH OR PREVENT THE DEVELOPMENT OR EXPLOITATION OF THE SERVICES, OR ANY OTHER WEBSITE, APPLICATION, CONTENT, SUBMISSION, PRODUCT, SERVICE, OR INTELLECTUAL PROPERTY OWNED, LICENSED, USED OR CONTROLLED BY ANY BIFI PARTY.
9. Governing Law
These Terms and any separate agreements whereby we provide you Services shall be governed by and construed in accordance with the laws of the Singapore.