IntroductionAqua Protocol is a decentralized finance (DeFi) project that provides a stablecoin solution for the TON ecosystem. We offer AquaUSD, an over-collateralized LSD-backed stablecoin that is algorithmically pegged to the value of the US dollar. These Terms of Use (the "Terms") govern your use of, and access to Aqua Protocol's services, application programming interfaces, and source code (collectively with any materials and services available therein, and successor website(s) or application(s) thereto, the "Site":
https://aquaprotocol.xyz/), and your use of the Site and access to any and all functionality provided through or facilitated by the Site.
By accepting these Terms, you or the company or other legal entity you represent ("you", "your" or "user") become binding by these Terms of Use and agree to comply with them. If you do not agree to be bound by these Terms, then you must not access the Site or use any of its functionality.
Aqua Protocol is not a financial organization or a bank and is currently not under the supervision of any monetary supervisory authority. Therefore, your deposited crypto assets are not protected by any public authorities, including but not limited, to state insurance corporations or agencies.
Aqua Protocol is not licensed by any regulatory agency or authority. All transactions between users of our software are executed P2P directly between the users' TON addresses through a smart contract.
The Terms may be updated from time to time at Aqua Protocol's sole discretion. Changes will be effective no sooner than the day they are publicly posted. If you do not agree with the updated version of the Terms, you must quit the Site and do not use any of its functionality.