Terms of Service
Last modified: February 11, 2025
These Terms of Service (the “Agreement”) explain the terms and conditions by which you may access and use the website(s), user interface(s), and related services provided by Lulo Labs Inc. dba Lulo Finance (referred to herein as “Lulo,” “we,” “our,” or “us”). Collectively, these products and services are referred to in this Agreement as the “Products.” By accessing or using any of the Products, you acknowledge and agree that you have read, understand, and agree to be bound by this Agreement in its entirety. If you do not agree, you are not authorized to access or use any of our Products and should not use our Products.
1. Eligibility and Compliance
1.1 Legal Capacity
To access or use any of our Products, you must be able to form a legally binding contract with us. You represent that you are at least the age of majority in your jurisdiction and have the full right, power, and authority to enter into and comply with the terms and conditions of this Agreement on behalf of yourself and any company or legal entity for which you may access or use the Products. If you are entering into this Agreement on behalf of an entity, you represent that you have the legal authority to bind such entity.
1.2 Sanctions and Export Controls
You represent that you are not (a) the subject of economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties (including but not limited to the list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control) or (b) a citizen, resident, or organized in a jurisdiction or territory that is the subject of comprehensive country-wide, territory-wide, or regional economic sanctions by the United States, the United Kingdom, or the United Nations. You also represent that your access and use of our Products will comply with all applicable laws and regulations, and that you will not access or use our Products to conduct, promote, or otherwise facilitate any illegal activity.
NOTICE: This Agreement contains important information, including a binding arbitration provision and a class action waiver, both of which impact your rights as to how disputes are resolved. Our Products are only available to you — and you should only access any of our Products — if you agree completely with these terms.
2. Our Products
2.1 Overview
Lulo provides front-end interfaces and related services that allow you to access a yield optimization protocol (the “Protocol”) deployed on one or more public blockchains, including Solana. The Protocol consists of self-executing smart contracts that facilitate certain digital asset transactions. By using the Products, you understand that you are not buying or selling digital assets from us, and that we do not operate any liquidity pools or control any of your assets.
2.2 No Custody
Lulo is a purely non-custodial application, meaning we do not ever have custody, possession, or control of your digital assets at any time. You retain complete control over your digital assets, which you store in your own non-custodial wallet. We have no ability to recover or transfer your assets if you lose access to your wallet or private keys.
2.3 Third-Party Wallets
To access the Products, you must use a non-custodial wallet software (e.g., MetaMask or other similar wallet providers). Your relationship with any third-party wallet provider is governed solely by the agreement you enter into with them. Lulo makes no warranties or representations about any third-party wallet and is not liable for any issues arising from or in connection with your use of such wallets.
2.4 Additional Products
We may, from time to time, offer additional products or services. Such products or services will be deemed part of the “Products” under this Agreement and may be subject to additional terms and conditions. Your continued use of any additional or revised products or services constitutes your acceptance of those additional terms.
2.5 Third-Party Content and Services
Our Products may integrate or link to third-party services, sites, technology, and resources (each a “Third-Party Service”). Your access and use of any Third-Party Service may be subject to separate terms and conditions. The inclusion of any link or integration does not imply an endorsement or recommendation by Lulo. We are not responsible or liable for any Third-Party Services, their content, or the consequences of your use thereof.
3. Modifications
3.1 Changes to This Agreement
We reserve the right, in our sole discretion, to modify this Agreement at any time. If we make any material changes, we will update the “Last modified” date at the top of this Agreement and maintain a current version accessible through our website. All modifications are effective when posted, and your continued access or use of the Products indicates your acceptance of the modified terms. If you do not agree to the modifications, you must immediately discontinue your use of our Products.
3.2 Changes to the Products
We reserve the right (but have no obligation), with or without notice to you, to modify, substitute, eliminate or add to any of the Products, and to review, modify, filter, disable, delete, and remove any content or information in the Products at our discretion.
4. Intellectual Property Rights
4.1 Ownership; License
We own all intellectual property and other rights in the Products and their contents, including, but not limited to, software, text, images, trademarks, service marks, copyrights, patents, designs, and the “look and feel.” Subject to your compliance with this Agreement, Lulo grants you a limited, revocable, non-exclusive, non-sublicensable, non-transferable license to access and use the Products solely in accordance with this Agreement. You agree that you will not use, modify, distribute, tamper with, reverse engineer, disassemble or decompile any of our Products for any purpose other than as expressly permitted pursuant to this Agreement. Except as set forth in this Agreement, we grant you no rights to any of our Products, including any intellectual property rights.
4.2 Prohibited Actions
Except as expressly stated in this Agreement, no part of the Products may be copied, reproduced, distributed, republished, downloaded, displayed, posted, or transmitted in any form or by any means. You agree not to reverse engineer or attempt to discover any source code contained in the Products.
4.3 Feedback
If you choose to submit comments, feedback, or ideas about our Products, you grant us a non-exclusive, perpetual, irrevocable, transferable, sublicensable, worldwide, royalty-free license to use, copy, modify, and otherwise exploit your feedback for any purpose, commercial or otherwise, without acknowledgment or compensation to you.
5. Your Responsibilities
5.1 Prohibited Activity
You agree not to engage in or attempt to engage in any of the following categories of prohibited activity in relation to your access or use of the Products: Intellectual Property Infringement: Violating or infringing any copyright, trademark, service mark, patent, right of publicity, or other proprietary or intellectual property right. Cyberattack: Interfering with or compromising the integrity, security, or proper functioning of any computer, server, network, or personal device. Fraud and Misrepresentation: Providing false, inaccurate, or misleading information to unlawfully obtain the property of another. Market Manipulation: Engaging in tactics such as “rug pulls,” pump-and-dump, wash trading, or other manipulative trading activities. Securities and Derivatives Violations: Violating any law or regulation related to securities or derivatives, including unregistered offerings. Illegal or Stolen Property: Buying, selling, or transferring stolen or otherwise illegally obtained items or digital assets. Data Mining or Scraping: Using robots or similar data extraction methods to scrape data from the Products without our permission. Objectionable Content: Posting or soliciting content that is harmful, abusive, harassing, defamatory, obscene, hateful, or otherwise objectionable. Other Unlawful Conduct: Violating any applicable law, rule, or regulation.
5.2 No Investment Advice
You agree and understand that all transactions initiated through our Products are considered unsolicited, meaning they are initiated solely by you. Lulo does not provide investment advice or recommendations. You are solely responsible for evaluating the merits and risks associated with any transactions you undertake.
5.3 Non-Fiduciary Duties
This Agreement does not create or impose any fiduciary duties on Lulo. To the fullest extent permitted by law, you acknowledge and agree that Lulo owes no fiduciary duties or liabilities to you or any other party.
5.4 Compliance and Taxes
You are solely responsible for (a) complying with all applicable laws and regulations, including any laws regarding tax reporting and remittance; and (b) determining whether taxes apply to transactions you initiate or receive through our Products. Lulo is not responsible for determining the taxes that may apply to your transactions.
5.5 Gas Fees
Transactions on public blockchains typically require the payment of transaction fees (often referred to as “Gas Fees”). You are solely responsible for paying any Gas Fees associated with your transactions, unless otherwise indicated in writing.
5.6 Release of Claims
You expressly agree that you assume all risks in connection with your access and use of any of our Products. You further expressly waive and release us from any and all liability, claims, causes of action, or damages arising from or in any way relating to your use of any of our Products.
6. Disclaimers
6.1 Assumption of Risk
BY ACCESSING AND USING ANY OF OUR PRODUCTS, YOU REPRESENT THAT YOU ARE FINANCIALLY AND TECHNICALLY SOPHISTICATED ENOUGH TO UNDERSTAND THE INHERENT RISKS ASSOCIATED WITH USING CRYPTOGRAPHIC AND BLOCKCHAIN-BASED SYSTEMS, AND THAT YOU HAVE A WORKING KNOWLEDGE OF THE USAGE AND INTRICACIES OF DIGITAL ASSETS SUCH AS SOLANA (SOL), SO-CALLED STABLECOINS, AND OTHER DIGITAL TOKENS SUCH AS THOSE FOLLOWING THE SOLANA TOKEN STANDARD (SPL-20). IN PARTICULAR, YOU UNDERSTAND THAT THE MARKETS FOR THESE DIGITAL ASSETS ARE NASCENT AND HIGHLY VOLATILE DUE TO RISK FACTORS INCLUDING, BUT NOT LIMITED TO, ADOPTION, SPECULATION, TECHNOLOGY, SECURITY, AND REGULATION. YOU UNDERSTAND THAT ANYONE CAN CREATE A TOKEN, INCLUDING FAKE VERSIONS OF EXISTING TOKENS AND TOKENS THAT FALSELY CLAIM TO REPRESENT PROJECTS, AND ACKNOWLEDGE AND ACCEPT THE RISK THAT YOU MAY MISTAKENLY TRADE THOSE OR OTHER TOKENS. SO-CALLED STABLECOINS MAY NOT BE AS STABLE AS THEY PURPORT TO BE, MAY NOT BE FULLY OR ADEQUATELY COLLATERALIZED, AND MAY BE SUBJECT TO PANICS AND RUNS. FURTHER, YOU UNDERSTAND THAT SMART CONTRACT TRANSACTIONS AUTOMATICALLY EXECUTE AND SETTLE, AND THAT BLOCKCHAIN-BASED TRANSACTIONS ARE IRREVERSIBLE WHEN CONFIRMED. YOU ACKNOWLEDGE AND ACCEPT THAT THE COST AND SPEED OF TRANSACTING WITH CRYPTOGRAPHIC AND BLOCKCHAIN-BASED SYSTEMS SUCH AS SOLANA ARE VARIABLE AND MAY INCREASE DRAMATICALLY AT ANY TIME. YOU FURTHER ACKNOWLEDGE AND ACCEPT THE RISK OF SELECTING TO TRADE IN EXPERT MODES, WHICH CAN EXPOSE YOU TO POTENTIALLY SIGNIFICANT PRICE SLIPPAGE AND HIGHER COSTS. YOU UNDERSTAND THAT YOUR DIGITAL ASSETS MAY LOSE SOME OR ALL OF THEIR VALUE WHILE THEY ARE SUPPLIED TO THE PROTOCOL THROUGH THE INTERFACE DUE TO THE FLUCTUATION OF PRICES OF TOKENS IN A TRADING PAIR OR LIQUIDITY POOL. FINALLY, YOU UNDERSTAND THAT WE DO NOT CREATE, OWN, OR OPERATE CROSS-CHAIN BRIDGES AND WE DO NOT MAKE ANY REPRESENTATION OR WARRANTY ABOUT THE SAFETY OR SOUNDNESS OF ANY CROSS-CHAIN BRIDGE. IN SUMMARY, YOU ACKNOWLEDGE THAT WE ARE NOT RESPONSIBLE FOR ANY OF THESE VARIABLES OR RISKS, AND CANNOT BE HELD LIABLE FOR ANY RESULTING LOSSES THAT YOU EXPERIENCE WHILE ACCESSING OR USING ANY OF OUR PRODUCTS. ACCORDINGLY, YOU UNDERSTAND AND AGREE TO ASSUME FULL RESPONSIBILITY FOR ALL OF THE RISKS OF ACCESSING AND USING THE INTERFACE TO INTERACT WITH THE PROTOCOL.
6.2 No Warranties
THE PRODUCTS AND THE PROTOCOL ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIM ANY REPRESENTATIONS AND WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING, BUT NOT LIMITED TO, THE WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. YOU ACKNOWLEDGE AND AGREE THAT YOUR USE OF EACH OF OUR PRODUCTS IS AT YOUR OWN RISK. WE DO NOT REPRESENT OR WARRANT THAT ACCESS TO ANY OF OUR PRODUCTS WILL BE CONTINUOUS, UNINTERRUPTED, TIMELY, OR SECURE; THAT THE INFORMATION CONTAINED IN ANY OF OUR PRODUCTS WILL BE ACCURATE, RELIABLE, COMPLETE, OR CURRENT; OR THAT ANY OF OUR PRODUCTS WILL BE FREE FROM ERRORS, DEFECTS, VIRUSES, OR OTHER HARMFUL ELEMENTS. NO ADVICE, INFORMATION, OR STATEMENT THAT WE MAKE SHOULD BE TREATED AS CREATING ANY WARRANTY CONCERNING ANY OF OUR PRODUCTS. WE DO NOT ENDORSE, GUARANTEE, OR ASSUME RESPONSIBILITY FOR ANY ADVERTISEMENTS, OFFERS, OR STATEMENTS MADE BY THIRD PARTIES CONCERNING ANY OF OUR PRODUCTS. ANY PAYMENTS OR FINANCIAL TRANSACTIONS THAT YOU ENGAGE IN WILL BE PROCESSED VIA AUTOMATED SMART CONTRACTS. ONCE EXECUTED, WE HAVE NO CONTROL OVER THESE PAYMENTS OR TRANSACTIONS, NOR DO WE HAVE THE ABILITY TO REVERSE ANY PAYMENTS OR TRANSACTIONS. WE MAY PROVIDE INFORMATION ABOUT TOKENS OR LIQUIDITY POOLS IN OUR PRODUCTS SOURCED FROM THIRD-PARTY DATA PARTNERS THROUGH FEATURES SUCH AS TOKEN OR BLOCKCHAIN EXPLORERS. THE PROVISION OF INFORMATIONAL MATERIALS DOES NOT MAKE ANY TRANSACTIONS SOLICITED; WE ARE NOT ATTEMPTING TO INDUCE YOU TO MAKE ANY TRANSACTION AS A RESULT OF INFORMATION PROVIDED. ALL SUCH INFORMATION PROVIDED BY ANY OF OUR PRODUCTS IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE OR A RECOMMENDATION THAT ANY TRANSACTION IS A SAFE OR SOUND INVESTMENT. YOU SHOULD NOT TAKE, OR REFRAIN FROM TAKING, ANY ACTION BASED ON ANY INFORMATION CONTAINED IN ANY OF OUR PRODUCTS. BY PROVIDING INFORMATION FOR YOUR CONVENIENCE, WE DO NOT MAKE ANY INVESTMENT RECOMMENDATIONS TO YOU OR OPINE ON THE MERITS OF ANY TRANSACTION OR OPPORTUNITY. YOU ALONE ARE RESPONSIBLE FOR DETERMINING WHETHER ANY INVESTMENT, INVESTMENT STRATEGY OR RELATED TRANSACTION IS APPROPRIATE FOR YOU BASED ON YOUR PERSONAL INVESTMENT OBJECTIVES, FINANCIAL CIRCUMSTANCES, AND RISK TOLERANCE.
7. Indemnification
You agree to hold harmless, release, defend, and indemnify Lulo, its affiliates, and their respective officers, directors, employees, contractors, agents, representatives and service providers (collectively, the “Lulo Parties”) from and against any claims, obligations, damages, losses, liabilities, costs, and expenses (including reasonable attorney’s fees) arising out of or relating to: (a) your access to or use of the Products; (b) your violation of this Agreement or the rights of any third party, or any other applicable law, rule or regulation; (c) any other party’s use of the Products with your assistance or using your device(s) or account(s); or (d) any dispute between you and any other user of the Products, or any of your own customers or users. Lulo reserves the right to assume the exclusive defense and control of any matter subject to indemnification, and you agree to cooperate with our defense of such claims. You may not settle or compromise any claim against any Lulo Parties without our prior written consent.
8. Limitation of Liability
UNDER NO CIRCUMSTANCES SHALL LULO OR ANY OF THE LULO PARTIES BE LIABLE TO YOU FOR ANY INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO DAMAGES FOR LOSS OF PROFITS, DATA, OR OTHER INTANGIBLE PROPERTY. WE ARE NOT RESPONSIBLE FOR ANY UNAUTHORIZED ACCESS OR USE OF YOUR WALLET OR DIGITAL ASSETS, OR FOR ANY LOSS, DAMAGE, OR INJURY RESULTING FROM HACKING, TAMPERING, OR OTHER UNAUTHORIZED ACCESS TO THE PRODUCTS OR THE INFORMATION CONTAINED WITHIN WHETHER SUCH DAMAGES ARE BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, ARISING OUT OF OR IN CONNECTION WITH AUTHORIZED OR UNAUTHORIZED USE OF ANY OF THE PRODUCTS, EVEN IF AN AUTHORIZED REPRESENTATIVE OF LULO HAS BEEN ADVISED OF OR KNEW OR SHOULD HAVE KNOWN OF THE POSSIBILITY OF SUCH DAMAGES. WE ASSUME NO LIABILITY OR RESPONSIBILITY FOR ANY: (A) ERRORS, MISTAKES, OR INACCURACIES OF CONTENT; (B) PERSONAL INJURY OR PROPERTY DAMAGE, OF ANY NATURE WHATSOEVER, RESULTING FROM ANY ACCESS OR USE OF THE INTERFACE; (C) UNAUTHORIZED ACCESS OR USE OF ANY SECURE SERVER OR DATABASE IN OUR CONTROL, OR THE USE OF ANY INFORMATION OR DATA STORED THEREIN; (D) INTERRUPTION OR CESSATION OF FUNCTION RELATED TO ANY OF THE PRODUCTS; (E) BUGS, VIRUSES, TROJAN HORSES, OR THE LIKE THAT MAY BE TRANSMITTED TO OR THROUGH THE INTERFACE; (F) ERRORS OR OMISSIONS IN, OR LOSS OR DAMAGE INCURRED AS A RESULT OF THE USE OF, ANY CONTENT MADE AVAILABLE THROUGH ANY OF THE PRODUCTS; AND (G) THE DEFAMATORY, OFFENSIVE, OR ILLEGAL CONDUCT OF ANY THIRD PARTY. . WE MAKE NO WARRANTIES OR REPRESENTATIONS, EXPRESS OR IMPLIED, ABOUT LINKED THIRD PARTY SERVICES, THE THIRD PARTIES THEY ARE OWNED AND OPERATED BY, THE INFORMATION CONTAINED ON THEM, ASSETS AVAILABLE THROUGH THEM, OR THE SUITABILITY, PRIVACY, OR SECURITY OF THEIR PRODUCTS OR SERVICES. YOU ACKNOWLEDGE SOLE RESPONSIBILITY FOR AND ASSUME ALL RISK ARISING FROM YOUR USE OF THIRD-PARTY SERVICES, THIRD-PARTY WEBSITES, APPLICATIONS, OR RESOURCES. WE SHALL NOT BE LIABLE UNDER ANY CIRCUMSTANCES FOR DAMAGES ARISING OUT OF OR IN ANY WAY RELATED TO SOFTWARE, PRODUCTS, SERVICES, AND/OR INFORMATION OFFERED OR PROVIDED BY THIRD-PARTIES AND ACCESSED THROUGH ANY OF OUR PRODUCTS. IN NO EVENT SHALL OUR MAXIMUM AGGREGATE LIABILITY FOR ALL DAMAGES EXCEED ONE THOUSAND U.S. DOLLARS ($1,000.00 USD) OR ITS EQUIVALENT IN LOCAL CURRENCY. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF CERTAIN DAMAGES, SO THE ABOVE LIMITATIONS OR EXCLUSIONS MAY NOT APPLY TO YOU.
9. Governing Law, Dispute Resolution, and Class Action Waiver
9.1 Governing Law
This Agreement is governed by and construed in accordance with the laws of the Republic of Panama, without regard to conflict of law principles.
9.2 Arbitration
You agree to resolve any claim or controversy arising out of or relating to the Products or this Agreement (a “Dispute”) exclusively by confidential binding arbitration under the Panama Conciliation and Arbitration Center (CeCAP), unless otherwise required by law. The arbitration will be conducted in Panama City, Republic of Panama, unless you and we agree otherwise. Any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction.
9.3 Class Action and Jury Trial Waiver
YOU MUST BRING ANY AND ALL DISPUTES AGAINST US IN YOUR INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF IN OR MEMBER OF ANY PURPORTED CLASS ACTION OR OTHER REPRESENTATIVE PROCEEDING. YOU AGREE TO WAIVE THE RIGHT TO A TRIAL BY JURY.
10. Miscellaneous
10.1 Entire Agreement
This Agreement constitutes the entire understanding between you and Lulo regarding your use of the Products. It supersedes all prior and contemporaneous agreements, whether written or oral.
10.2 Assignment
You may not assign or transfer this Agreement, by operation of law or otherwise, without our prior written consent. We may freely assign or transfer this Agreement. Any attempt by you to assign or transfer in violation of this provision shall be null and void.
10.3 Severability
If any provision of this Agreement is determined to be invalid or unenforceable under any rule, law, or regulation, that provision will be modified to accomplish the objectives of the provision to the greatest extent possible, and the validity or enforceability of any other provision of this Agreement shall not be affected.
10.4 Notice
We may provide notice to you by posting such notice on our website(s) or through any other reasonable means we select. Notices shall be deemed effective upon posting.
10.5 No Waiver
No waiver by Lulo of any right or remedy under this Agreement shall be effective unless in writing. The failure by us to exercise or enforce any right or provision of this Agreement will not operate as a waiver of such right or provision.
Contact Information
If you have any questions about this Agreement or the Products, please contact us at: hello@lulo.fi.