Terms & Conditions
Last Updated: Dec 15th, 2025
These Terms and Conditions (the “Terms” or “Agreement”) govern your access to and use of the Services (as defined below) provided in connection with Prime Vaults.
By accessing, interacting with, or otherwise using the Services in any manner, you acknowledge that you have read, understood, and agree to be legally bound by these Terms. If you do not agree to these Terms, you must not access or use the Services.
1. Definitions
For the purposes of these Terms:
“Prime Vaults,” “we,” “us,” or “our” refers to the decentralized protocol known as Prime Vaults, including all related smart contracts, interfaces, documentation, and software.
“Services” means, collectively and without limitation, all smart contracts, protocols, websites, applications, interfaces, tools, and technologies made available by or in connection with Prime Vaults.
“User,” “you,” or “your” means any individual or entity that accesses or uses the Services.
“Digital Assets” means cryptographic tokens or other blockchain-based assets.
“Smart Contracts” means self-executing programs deployed on public blockchain networks.
2. Eligibility and Acceptance
By accessing or using the Services, you represent and warrant that:
You are at least eighteen (18) years of age or otherwise have the legal capacity to enter into this Agreement;
You have full right, power, and authority to enter into and comply with these Terms;
Your access to and use of the Services does not violate any applicable law, regulation, sanction, or contractual obligation;
You access the Services on your own initiative and understand that Prime Vaults is not regulated by the Monetary Authority of Singapore (“MAS”) and is not licensed to provide regulated services under the Securities and Futures Act 2001 of Singapore (“SFA”) or the Financial Advisers Act 2001 (“FAA”).
3. Nature of the Services; Regulatory Status
The Services provide access to a decentralized, non-custodial, on-chain software protocol that enables Users to interact directly with Smart Contracts deployed on public blockchain networks.
Prime Vaults does not operate as a bank, financial institution, payment service provider, capital markets intermediary, collective investment scheme, or investment adviser under the laws of Singapore.
Prime Vaults does not:
custody, hold, manage, or control User Digital Assets;
initiate transactions on behalf of Users;
access or control User wallets, private keys, or SmartAccounts.
All transactions are initiated solely by Users and executed by Smart Contracts.
4. No Fiduciary Relationship; No Advice
Nothing in these Terms or in the Services shall be construed as creating any fiduciary, agency, partnership, joint venture, or advisory relationship.
Prime Vaults does not provide financial, investment, legal, tax, or accounting advice. Nothing provided through the Services constitutes an offer, solicitation, or recommendation to acquire, dispose of, or invest in any Digital Asset or capital markets product within the meaning of the SFA.
All decisions made in connection with the Services are made solely by the User and at the User’s own risk.
5. Assumption of Risk
You expressly acknowledge and agree that your use of the Services involves substantial and inherent risks, including, without limitation:
Smart Contract vulnerabilities, exploits, or failures;
Blockchain network failures, congestion, forks, reorganizations, or censorship;
Oracle failures, inaccuracies, or manipulation;
Third-party protocol, bridge, or infrastructure failures;
Market volatility, liquidity risk, and loss of value.
You assume all risks associated with the use of the Services and Digital Assets, including the risk of partial or total loss.
6. Principal Protection Framework
Prime Vaults incorporates certain internal mechanisms intended to mitigate limited risks arising from Prime Vaults-approved internal strategies (the “Principal Protection Framework”).
You expressly acknowledge and agree that:
For the avoidance of doubt, the Principal Protection Framework shall not be construed as a deposit, insurance arrangement, collective investment scheme, or capital markets product under the laws of Singapore.
7. Third-Party Protocols and External Systems
The Services may interact with or rely upon third-party protocols, oracles, bridges, or infrastructure providers.
Prime Vaults makes no representations or warranties with respect to any third-party systems and shall not be liable for any loss arising from their failure, exploitation, insolvency, or malfunction.
Any assistance provided by Prime Vaults in connection with third-party incidents is discretionary, non-binding, and does not constitute an assumption of liability or financial obligation.
8. User Responsibilities
You are solely responsible for:
safeguarding your wallets, private keys, and access credentials;
reviewing and verifying all transaction details prior to execution;
understanding vault mechanics, parameters, lock periods, and risks;
determining whether the Services are appropriate for your circumstances;
compliance with all applicable laws and regulations.
9. Modifications to the Services
Prime Vaults reserves the right, at any time and in its sole discretion, to modify, suspend, or discontinue any aspect of the Services, including protocol parameters, fees, yield calculations, and strategy allocations.
Such modifications may materially affect outcomes. Continued use of the Services constitutes acceptance of such modifications.
10. No Warranty
THE SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS.
TO THE FULLEST EXTENT PERMITTED BY LAW, PRIME VAULTS DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.
11. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL PRIME VAULTS, ITS CONTRIBUTORS, DEVELOPERS, OR AFFILIATES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, OR PUNITIVE DAMAGES ARISING OUT OF OR RELATING TO YOUR USE OF THE SERVICES.
12. Indemnification
You agree to indemnify, defend, and hold harmless Prime Vaults and its contributors from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable legal fees) arising from:
your use of the Services;
your violation of these Terms;
your violation of any applicable law or regulation.
13. Dispute Resolution and Arbitration
Any dispute, controversy, or claim arising out of or relating to these Terms or the Services shall be finally resolved by binding arbitration administered by the Singapore International Arbitration Centre (“SIAC”) in accordance with the SIAC Arbitration Rules for the time being in force.
The seat of arbitration shall be Singapore. The language of arbitration shall be English. The arbitration shall be conducted by a single arbitrator.
You agree to waive any right to participate in any class, collective, or representative proceeding.
14. Governing Law
These Terms shall be governed by and construed in accordance with the laws of Singapore, without regard to conflict of law principles.
15. Severability
If any provision of these Terms is held to be invalid or unenforceable, such provision shall be severed and the remaining provisions shall remain in full force and effect.
16. Entire Agreement
These Terms constitute the entire agreement between you and Prime Vaults regarding the Services and supersede all prior or contemporaneous agreements, communications, or understandings.
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