Terms of Service
Please read these terms carefully before using the KarmaFi protocol and platform.
Important Notice
This page is a draft template for product launch preparation and should be reviewed by qualified legal counsel before production use.
Last updated: June 2026
1. Acceptance of Terms
By accessing or using KarmaFi, users agree to be bound by these Terms of Service. If you do not agree to these terms, you may not use the platform.
2. Description of Service
KarmaFi provides tools and smart contracts for creating and interacting with attention markets around public Reddit post momentum on BNB Chain. It is an experimental social trading protocol.
3. No Ownership of Reddit Content
Karma Markets do not represent ownership, copyright, licensing, endorsement, sponsorship, or affiliation with Reddit or the original poster. KarmaFi indexes public momentum and creates independent speculative markets based on that data.
4. Eligibility
Users are responsible for complying with applicable laws and restrictions in their jurisdiction before accessing or trading on the platform. KarmaFi is not intended for use where prohibited by law.
5. Wallets and Blockchain Transactions
Users are solely responsible for wallet security, private keys, transaction approvals, gas fees, and all on-chain actions. Transactions on the blockchain are irreversible.
6. Market Risks
Karma Markets are highly speculative and volatile. Tokens can lose value entirely or become worthless. Users assume all financial risk associated with trading.
7. Prohibited Conduct
Users agree not to engage in:
- Illegal activity
- Market manipulation
- Impersonation
- Spam or abuse
- Doxxing or harassment
- Hate content or illegal material
- Exploiting bugs or vulnerabilities
- Launching markets around prohibited content
8. Creator Claims
Creator claims require strict verification. KarmaFi reserves the right to delay, reject, or reverse claims that are suspected of being fraudulent, suspicious, or in violation of these Terms.
9. Moderation and Removal
KarmaFi may hide, restrict, or remove frontend access to markets that violate policies, create legal risk, or compromise user safety. This does not alter the underlying blockchain state, but removes visibility on the platform.
10. Fees
Fees may apply to trading, launching markets, claiming rewards, or general protocol use. Fee parameters and distribution percentages may change at the discretion of the protocol during Alpha and Beta testing.
11. No Financial Advice
KarmaFi does not provide financial, legal, tax, or investment advice. All information on the platform is for informational and product testing purposes only.
12. Limitation of Liability
To the maximum extent permitted by law, KarmaFi and its developers shall not be liable for any direct, indirect, incidental, or consequential damages resulting from the use of or inability to use the platform, including loss of funds, data, or profits.
13. Changes to Terms
These Terms may be updated periodically. Continued use of the platform after updates constitutes acceptance of the new Terms.
14. Contact
For support or legal inquiries, please contact: support@karmafi.xyz