Terms and Conditions of Use

1.1. These Terms and Conditions ("Terms") govern use of the Dera Protocol (the "Protocol"), comprising smart contracts, software, interfaces and related services (the "Services"). The Protocol is operated by Dera Labs Limited, a company registered in England and Wales under company number 16535617 ("Dera Labs", "we", "us").

1.2. By accessing or interacting with the Protocol you ("User", "you") agree to be bound by these Terms. If you do not agree, you must not use the Protocol.

1.3. We may amend these Terms. Where a change is material we will give notice by a prominent notice on this website before it takes effect, and the "last updated" date above will change. Amendments are not retrospective. If you do not accept an amendment, your remedy is to stop using the Protocol; your assets remain redeemable on-chain regardless.

2.1. The Protocol is non-custodial. It facilitates interactions through self-executing smart contracts. We do not take possession of, control, or manage your funds at any point, and we cannot access, freeze, reverse or redirect your assets. You retain sole control of your wallet and private keys.

2.2. Because we do not hold your keys, we cannot recover assets on your behalf. You are responsible for the security of your wallet, private keys, seed phrases and devices.

2.3. You are responsible for verifying that you are interacting with the correct website and the correct smart contract addresses. Contract addresses are published on this website and in the technical documentation, and may change following upgrades. Malicious third parties may replicate our interface; always verify the URL.

2.4. Subject to section 7, you accept the risks inherent in decentralised finance, including smart contract vulnerabilities, market volatility, stablecoin de-pegging, liquidity failures in third-party protocols, network congestion, and loss of access to your own wallet.

3.1. Technical documentation, contract addresses and audit reports are published on this website. We aim to keep this information accurate and current, but it may be updated from time to time, and you should verify contract details before interacting.

3.2. The Protocol's core smart contracts have been independently audited. Contracts have been extended beyond the original audit scope, so deployed contracts may differ from the audited version.

3.3. No audit guarantees that software is free of defects. An audit reduces risk; it does not eliminate it.

4.1. You must be at least 18 years old and legally capable of entering into a binding contract.

4.2. You are responsible for ensuring that your use of the Protocol complies with the laws, regulations and tax obligations applicable to you. We do not provide tax or legal advice.

4.3. You must not use the Protocol if you are located in, resident in, or accessing it from a jurisdiction where doing so would be unlawful, or if you are subject to sanctions administered by the United Kingdom, the European Union, the United States or the United Nations. You must not use the Protocol for money laundering, terrorist financing, sanctions evasion, or any other unlawful purpose.

5.1. Nothing on this website or in the Protocol constitutes financial, investment, legal or tax advice, a personal recommendation, or an offer or solicitation to buy or sell any asset.

5.2. Yield figures displayed are variable, derived from third-party data sources, and are not guaranteed. Past performance does not predict future returns. The DERA exchange rate may fall as well as rise, and redemption value depends on protocol solvency and the performance of underlying integrations.

5.3. Dera Labs is not currently licensed or authorised under the EU Markets in Crypto-Assets Regulation (MiCA) or by the UK Financial Conduct Authority. Regulatory alignment is a design principle and work is ongoing, but you should not treat any statement on this website as confirmation of regulatory authorisation.

6.1. We may modify, suspend or discontinue the website and off-chain Services at any time. We will give reasonable notice where practicable.

6.2. The Services are provided on an "as is" and "as available" basis. We do not warrant uninterrupted or error-free operation.

6.3. The smart contracts are deployed on a public blockchain. Redemption rights are enforced at the contract level and do not depend on the availability of this website.

7.1. Nothing in these Terms excludes or limits our liability for death or personal injury caused by negligence, for fraud or fraudulent misrepresentation, or for any other liability that cannot lawfully be excluded or limited.

7.2. Subject to clause 7.1, and to the fullest extent permitted by law, we shall not be liable for any indirect or consequential loss, loss of profit, loss of opportunity, or loss arising from: defects or exploits in smart contracts; the acts, omissions, insolvency or failure of third-party protocols we integrate with; market movements or de-pegging of underlying assets; blockchain network failure, congestion or reorganisation; your loss of private keys or wallet access; or your interaction with fraudulent websites or third-party applications.

7.3. Subject to clause 7.1, our total aggregate liability arising out of or in connection with these Terms shall not exceed the greater of (a) the total fees you have paid to us in the twelve months preceding the claim, or (b) GBP 100.

7.4. These limitations apply to the fullest extent permitted by law and do not affect your statutory rights as a consumer.

8.1. If you use the Protocol other than as a consumer, you agree to indemnify us against claims, liabilities, damages and reasonable costs arising from your breach of these Terms, your breach of applicable law, or your infringement of the rights of a third party.

8.2. This indemnity does not apply to losses caused by our own breach, negligence or wilful misconduct, and does not apply to consumers.

9.1. These Terms are governed by the laws of England and Wales.

9.2. We would like to resolve any dispute informally first. Please contact us at legal@dera.fi and we will try to resolve the matter within 30 days.

9.3. If you are acting as a consumer, you may bring proceedings in the courts of England and Wales or, where applicable law gives you that right, in the courts of your country of residence. Nothing in these Terms deprives you of the protection of mandatory consumer law in your country of residence.

9.4. If you are not acting as a consumer, any dispute shall be referred to and finally resolved by arbitration under the Rules of the London Court of International Arbitration (LCIA), seated in London, in English, before a sole arbitrator.

10.1. If any provision of these Terms is held invalid or unenforceable, the remaining provisions continue in full force, and the offending provision applies to the maximum extent permitted by law.

10.2. Nothing in these Terms excludes or limits any right you may have under the Consumer Rights Act 2015 or other mandatory consumer protection law. Where these Terms conflict with such rights, those rights prevail.

10.3. These Terms constitute the entire agreement between you and us in relation to the Protocol.

Dera Labs Limited, registered in England and Wales, company number 16535617.

Legal and regulatory enquiries: legal@dera.fi
Security disclosures: security@dera.fi
General enquiries: info@dera.fi