December 2, 2024
Please read this Disclaimer carefully before accessing, interacting with, or using the Odysphere Protocol software, which consists of the technology stack (including its smart contracts) and any other related technology (together referred to as the “Odysphere Protocol”).
This disclaimer relates to the use of the Odysphere Protocol. The Odysphere Protocol enables users (“User”) to create liquidity in OUSD (a USD-pegged stablecoin) by depositing DYM towards autonomous smart contracts. The OUSD is stabilized by a liquidation mechanism and a Stability Pool, both of which are smart contract-based. Any functionalities of the Odysphere Protocol are purely technical, and there is no claim towards any private individual or legal entity in this regard.
The Odysphere Protocol operates in a fully decentralized manner on the Dymension network. The Odysphere team is not responsible for the operation, functioning, or interactions between Users and the smart contracts of the Odysphere Protocol.
THE ODYSPHERE PROTOCOL IS PROVIDED “AS IS,” WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. THE ODYSPHERE PROTOCOL IS HIGHLY EXPERIMENTAL AND ANY REAL DYM AND/OR OUSD SENT, STAKED OR DEPOSITED TO THE ODYSPHERE PROTOCOL ARE AT RISK OF BEING LOST INDEFINITELY.
There are general risks associated with purchasing, owning, and using cryptographic tokens. To access certain features of the Odysphere Protocol, a User may need tokens (specifically DYM/ODY and/or OUSD).
Tokens such as DYM/ODY and OUSD are highly volatile due to various factors including adoption, speculation, technology, and security risks. The cost of transacting on the Dymension network may increase at any time.
Users are solely responsible for transacting and holding tokens like DYM/ODY and/or OUSD while accessing or interacting with the Odysphere Protocol. ODY/OUSD do not represent ownership rights or any stake in any private individual or legal entity.
Important Notice: While the Odysphere Protocol is based on battle-tested code, users must understand that interacting with any blockchain protocol carries inherent risks. Despite our best efforts to ensure security and stability, unforeseen events can occur. Users assume full responsibility for their interactions with the protocol, including potential loss of funds due to market volatility, technical issues, or other factors beyond our control. We strongly advise users to conduct their own research, understand the risks involved, and only invest what they can afford to lose.
The Odysphere Protocol could be impacted by regulatory inquiries or actions that may impede or limit Users' ability to access or use it.
Users are solely responsible for complying with applicable laws when interacting with the Odysphere Protocol. OUSD and the Odysphere Protocol are not available to users in the United States or its territories. Users from these jurisdictions are not authorized to access or interact with the protocol in any way.