Terms of Use

[Last updated: Nov 29, 2024]

Please read these Terms of Use ("Terms") carefully before using the Extrafi XLend ("XLend") platform (hereinafter referred to as "the platform"). By accessing or using the platform, you agree to be bound by these Terms, including any additional guidelines and future modifications. If you do not agree to these Terms, you may not use the Platform.

Your use of XLend indicates your acceptance and agreement to comply with these Terms.

1. Access to the Platform

1.1 Eligibility: You must be of legal age in your jurisdiction to access or use the platform. By using the platform, you confirm that you meet the eligibility criteria. If you are not of legal age, you are not permitted to access or use the platform.

1.2 Compliance: You agree to comply with all applicable laws and regulations while using the platform. By accessing or using the platform, you represent that you are not located in, incorporated, or established in, or a citizen or resident of the Prohibited Jurisdictions.

(“Prohibited Jurisdiction” means any of the following jurisdictions and territories: the Republic of Cuba, the Democratic People's Republic of North Korea, South Sudan, Islamic Republic of Iran, Syrian Arab Republic, the People’s Republic of China, United States of America (including its territories: American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, and the U.S. Virgin Islands), the Crimea Region of Ukraine and Sevastopol, Donetsk People’s Republic and Luhansk People’s Republic regions of Ukraine, and any jurisdiction in which the use of the Platform is prohibited by applicable laws or regulations.)

2. Platform Usage

2.1 Risks: You acknowledge and accept that using the Platform involves inherent risks, including financial risks. Features such as borrowing and other functionalities provided by Extrafi XLend may result in potential risks. You agree to use the platform at your own risk, and Extrafi XLend shall not be held liable for any losses incurred during your use of the platform.

2.2 Personal Responsibility: You are solely responsible for any decisions and actions you take while using the platform. Extrafi XLend does not provide financial advice; any information provided on the platform is for informational purposes only.

3. Intellectual Property

3.1 Ownership: The platform and all its content, including but not limited to text, graphics, logos, images, and software, are the property of Extrafi XLend or its licensors and are protected by intellectual property laws. You are granted a limited, non-exclusive, non-transferable license to use the platform solely for personal and non-commercial purposes.

3.2 Restrictions: You shall not reproduce, modify, distribute, sell, or lease any part of the platform without prior written consent from Extra XLend.

4. Changes to the Platform and Terms

4.1 Modifications to the Platform: Extrafi XLend reserves the right to modify, suspend, or discontinue any part of the platform, including features, functionalities, and services, without prior notice.

4.2 Updates to Terms: Extrafi XLend may update these Terms from time to time. The updated Terms will be effective upon posting on the platform, and your continued use of the platform after the changes signify your acceptance of the revised Terms.

5. Disclaimer of Warranties

5.1 "As Is" and "As Available" Basis: The platform is provided on an "as is" and "as available" basis without any warranties or representations, express or implied. Extrafi XLend disclaims all warranties, including but not limited to warranties of merchantability, fitness for a particular purpose, and non-infringement.

6. Limitation of Liability

6.1 Exclusion of Damages: In no event shall Extrafi XLend or its affiliates be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to lost profits or data, arising from or related to your use or inability to use the platform.

7. Governing Law

7.1 Jurisdiction: These Terms shall be governed by and construed in accordance with the laws of [Jurisdiction], without regard to its conflicts of law principles.

8. Contact Us

If you have any questions or concerns about these Terms or the platform, please contact us at [[e-mail]].

By using the Extrafi XLend platform, you acknowledge that you have read, understood, and agreed to these Terms of Use.