Legal Disclaimer

Last updated on June 28th, 2025

This Disclaimer applies to all use of the Ferra ("Ferra," "we," "our," or "the Protocol"), its frontend interface at ferra.ag, related documentation, and any community communications. By using Ferra, you acknowledge and accept the following disclaimers and legal notices in full.

No Financial Advice

Nothing provided through Ferra constitutes or should be interpreted as:

• Investment advice or trading recommendations.

• Financial, legal, tax, or accounting advice.

All content, data, UI elements, and communications (e.g., charts, price feeds, or community channels like Discord or X) are for general informational purposes only. Always conduct your own research (DYOR) before making financial decisions.

No Warranties or Guarantees

Ferra is offered on an "as-is" and "as-available" basis. We make no guarantees about:

• Accuracy or timeliness of displayed data (e.g., prices, balances, or pool metrics).

• Performance, uptime, or availability of the frontend or smart contracts.

• Profitability or success of your trades or liquidity provision strategies.

• Security of third-party tools, wallets, or integrations (e.g., RPC nodes, price feeds). You use Ferra entirely at your own risk.

Experimental and Permissionless Technology

Ferra is an experimental, decentralized protocol for spot swaps and liquidity provision. Interacting with it involves significant technical and financial risks. There is no central administrator, backdoor, or failsafe to reverse transactions or recover assets.

By nature of blockchain technology:

• All interactions (e.g., swaps, liquidity provision) are immutable and irreversible.

• Transactions cannot be undone or disputed.

• Users have full custody and responsibility for their assets.

Market and Smart Contract Risks

By using Ferra, you acknowledge the inherent risks, including:

• Smart Contract Vulnerabilities: Bugs, exploits, or logic flaws may lead to partial or total fund loss.

• Market Volatility: Sudden price fluctuations can result in significant losses or impermanent loss for liquidity providers.

• Price Feed Issues: External data sources may be inaccurate or manipulated.

• Front-Running or MEV: Miners or validators may reorder transactions for profit, affecting trade outcomes.

• Liquidity Risks: Low pool liquidity may cause high slippage or inability to withdraw funds.

• Chain-Level Risks: Network congestion, forks, or consensus issues may disrupt protocol function.

• Impermanent Loss: Liquidity providers may face losses due to price divergence in pools.

No Custody or Intermediary Role

Ferra is not a custodian, bank, broker, or centralized exchange. We do not:

• Hold user funds or process withdrawals/deposits.

• Provide user accounts or account recovery services.

• Facilitate fiat conversions or off-chain services.

Users interact directly with smart contracts and retain complete custody of their digital assets.

No Regulatory Oversight

Ferra is a decentralized protocol not registered with or licensed by any financial regulatory authority. It operates globally without affiliation to any government or compliance framework.

• Use of Ferra may be restricted or prohibited in some jurisdictions (e.g., United States, OFAC-sanctioned countries).

• You are solely responsible for complying with local laws, tax obligations, and reporting requirements.

No Support or Recourse

Ferra has no official customer support team or central organization. Community channels (e.g., Discord, X, forums) are maintained voluntarily and provide no guarantee of accuracy or assistance.

• In case of fund loss, bugs, or protocol issues, there is no assurance of reimbursement or technical support.

• Vulnerability reports may be submitted via official channels for potential bounties.

No Liability

To the fullest extent permitted by law, Ferra contributors, developers, community members, or affiliated third parties shall not be liable for:

• Direct or indirect financial losses (e.g., due to market volatility, impermanent loss, or slippage).

• Smart contract failures, bugs, or exploits.

• Errors in trading, liquidity provision, or user actions.

• Regulatory or legal consequences from your use of Ferra.

• Issues arising from third-party integrations (e.g., wallets, price feeds). Your sole remedy is to stop using Ferra.

Your Responsibilities

You agree to:

• Use Ferra at your own risk and discretion.

• Evaluate your risk tolerance before engaging in spot trading or liquidity provision.

• Protect your private keys, wallet access, and recovery phrases.

• Understand that Ferra is an experimental protocol, potentially unaudited.

• Monitor your liquidity positions and market conditions to mitigate risks like impermanent loss.

Changes to this Disclaimer

• This Disclaimer may be updated periodically via community governance or contributor discretion. Changes are effective upon publication on the frontend or official channels (e.g., Discord, X, GitHub). Continued use of Ferra constitutes acceptance of any updates. By using Ferra, you confirm that you have read, understood, and agreed to this Disclaimer in full, and you accept all associated risks.