Risk Disclosure

Please read this disclaimer carefully before using https://nyke.finance and/or any of its sub-domains (hereinafter referred to as the "Website"). By using the Website, you confirm that you accept this legal disclaimer and agree to comply with it. If you do not agree, you must not use the Website.

The Nyke protocol (“Protocol”) is a set of smart contracts made available by Nyke on a voluntary, “as-is” and “as available” basis. It is not a service of any kind and you should not rely on Nyke to assist you to evaluate the Protocol, assess its fitness for any purpose or comply with any requirements. You assume all risks arising from interactions with the Protocol including without limitation all applicable legal and regulatory risks in connection with the use and interaction with the Protocol, including with respect to any transactions. Nothing stated relating to the Protocol is a prospectus nor a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. Nothing stated related to the Protocol constitutes a recommendation or advice of any kind. Nyke is not liable for any claim, damages or other liability, whether in contract, tort or under any other theory of liability, arising from, out of or in connection with the Protocol.

There are several risks when using the Protocol. These risks include inherent risks associated with the use of a virtual platform, the decentralized nature of the Protocol, and participating in virtual asset transactions. Risks include, without limitation:

  • Partial or total loss of virtual assets, including any value attributed to virtual assets;

  • Collapse in liquidity with respect to virtual assets;

  • Changes in compatibility of a virtual asset with the Protocol;

  • Changes in the smart contracts;

  • Regulatory uncertainty and government action against virtual assets and persons involved in virtual asset activities;

  • Extreme volatility with respect to transaction parameters and value attributed to virtual assets;

  • Possibility of market misconduct by participants including for example market manipulation, trading on the basis of non-public information, and front running;

  • Delays in or complete failure of virtual asset transactions being confirmed;

  • Counterparty risk;

  • Faults, defects, hacks, exploits, errors or unforeseen circumstances occurring in respect of the platform or the technologies that the Protocol depends on;

  • Loss of private keys; and

  • Attacks on the Protocol or the failure of the technologies that the Platform depends on including for example distributed denial of service, sybil attacks, phishing, social engineering, hacking, smurfing, malware, double spending, majority-mining, consensus-based or other mining attacks, misinformation campaigns, forks, and spoofing.

This list of potential risks is not exhaustive and is not intended to capture the extent of all possible risks. In the event of any of the above occurring, you may lose your virtual assets entirely. Participants should consider all of the above and assess the nature of, and their own appetite for relevant risks independently and consult their own professional advisers before making any decisions to participate in the Protocol. PARTICIPANTS USE THE PROTOCOL AT THEIR OWN RISK.

Information Published Is Not Advice

The information provided on the Website does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the Website's content as such. Our team provides the Website as a service to the public, and is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the Website. While the information contained within the website is periodically updated, no guarantee is given that the information provided in the Website is correct, complete, and up-to-date.

Usage Risks

The Website will not be responsible for any losses, damages, or claims arising from events falling within the scope of events like, but not limited to: mistakes made by the user (e.g., payments sent to wrong addresses), software problems of the Website or any related software or service (e.g., malware or unsafe cryptographic libraries), technical failures (e.g., hardware wallets malfunction), security problems experienced by the user (e.g., unauthorized access to wallets), actions or inactions of third parties (e.g., bankruptcy of service providers, information security attacks on service providers, and fraud conducted by third parties).

Investment Risks

The investment in cryptocurrencies can lead to loss of money and prices having large range fluctuations. The information published on the Website cannot guarantee no money loss. The Website user is responsible for understanding these risks, doing own due diligence, and making own decision on how to interface with the Website.

Compliance With Tax Obligations

The users of the Website are solely responsible to determinate what, if any, taxes apply to their cryptocurrency holdings. The owners of, or contributors to, the Website are NOT responsible for determining the taxes that apply to user transactions.

No Warranties

The Website is provided on an "as is" basis without any warranties of any kind regarding the Website and/or any content, data, materials and/or services provided on the Website.The Website functionality is not guaranteed and could be disabled fully or in part without prior notice.

Security

This protocol has not been audited. The Website is not guaranteed to be secure or free from bugs or viruses.

Limitation of Liability

Unless otherwise required by law, in no event shall the owners of, or contributors to, the Website be liable for any damages of any kind, including, but not limited to, loss of use, loss of profits, or loss of data arising out of or in any way connected with the use of the Website.

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