Investment Risk Disclosure
Cicada Finance Investment Risk DisclosureThe term "Cicada Finance" as used in this Agreement refers to the open-source smart contract system and its user interface (UI) developed by the Cicada Finance team. It is not a regulated custodian or investment service provider.I. Nature of Information and Boundaries of Responsibility(1) Information Sources and Judgment ResponsibilityThe content related to this Agreement has been compiled by Cicada Finance based on publicly available information and onchain data, and is provided for reference purposes only. It does not constitute any form of investment advice, guarantee of returns, or offer to transact. Cicada Finance does not provide any personalized investment advice, nor does it tailor recommendations based on users' individual circumstances. The platform does not operate as a licensed financial institution, investment advisor, broker, payment institution, or custodian. All content consists of general descriptions that may be adjusted as the protocol evolves. Cicada Finance does not guarantee the completeness, accuracy, or timeliness of such content. Users should independently evaluate and assume all risks associated with its use.(2) User Independent Judgment and Behavioral ResponsibilityThis Agreement does not take into account users' personal financial situation, risk tolerance, or operational experience. Before engaging in onchain interactions, asset utilization, or other protocol activities, users should fully understand the mechanisms and potential risks involved, and seek professional advice if necessary. Cicada Finance does not provide, manage, or recommend any investment activities or asset portfolios.(3) Legal Applicability and Regional RestrictionsUsers must ensure that their access to, and use of, this Agreement and its related functions comply with the laws and regulations of their country or region of residence. Cicada Finance does not guarantee that its content, functions, or asset forms are legally available in all jurisdictions.II. Special Risk Reminders and Participation Restrictions(1) General Investment RisksInvestments inherently involve risks. The value of securities, digital assets, or other investment products may rise or fall, potentially resulting in partial or total loss. Past performance is not indicative of future results. This platform cannot exhaustively list all potential risk factors (such as market volatility, liquidity constraints, policy changes, macroeconomic shifts, etc.). Before participating in any product, users must carefully review relevant official documents (such as whitepapers, FAQs, etc.), understand the product mechanisms and potential risks, and make independent judgments based on their own risk tolerance. Prior to purchasing products related to digital assets, users must acknowledge and agree that they possess sufficient knowledge of digital assets, financial expertise, and experience, and are capable of bearing the heightened risks associated with digital asset transactions.(2) Crypto / DeFi Product Risk RemindersCertain products on this platform are built on blockchain smart contracts and decentralized finance mechanisms, which carry the following specific risks:
Technical and Contract Risks: Smart contracts, blockchain networks, or protocol components, even after third-party audits, may still contain vulnerabilities, be subject to attacks, or experience delays, leading to asset losses or operational failures;
Liquidity Restrictions: Certain assets within the protocol may have lock-up periods, redemption limits, or insufficient liquidity, affecting users' ability to exit or convert in a timely manner;
Uncertainty of Returns: Token rewards, point incentives, annualized yields, and similar elements are provided for reference only and do not constitute guarantees of returns;
External Dependency Risks: Certain mechanisms on the platform rely on oracles, RWA custodians, or cross-chain components, and failures in these may impact services;
Regulatory Uncertainty: The legal status of digital assets and Web3 products varies across regions and may be affected by policy changes;
Non-Deposit or Savings Risks: Products on this platform are not deposit or savings accounts. Any funds invested in these products are not protected by any public or private deposit insurance, and users may lose part or all of their invested funds;
Counterparty Risks: The platform may deploy users' invested funds in various transactions aimed at generating returns, which may include, but are not limited to, investments in third-party strategies, proprietary strategies, or other activities intended to produce yields. Once used in such transactions, counterparty risks arise, including the risk of default by counterparties. If a counterparty defaults, the platform may be unable to recover the invested funds, users may not achieve the advertised yields, and they may lose all or part of their invested funds;
Exchange Risks: Digital asset trading platforms may further introduce counterparty risks. Many digital asset exchanges do not disclose ownership information, management team details, corporate governance, or compliance information to the public. Investors using such platforms may face heightened risks of theft, fraud, and market manipulation compared to traditional asset trading platforms. Part or all of the invested funds may be used for trading on specific digital asset exchanges. In extreme events such as exchange collapses, users may not achieve the previously displayed yields and may lose part or all of their invested funds;
Market Risks: Digital asset markets have historically exhibited higher volatility compared to traditional asset classes. In extreme and unforeseen events, users' funds may not be fully recoverable, leading to partial or total loss;
Underlying Digital Asset and USD Exchange Rate Depreciation Risks: Any interest or returns based on invested funds will be paid in the underlying digital assets. Due to price fluctuations, users may lose a substantial portion or all of their invested funds when calculated in USD terms;
Withdrawal Restriction Risks Under Extreme Market Conditions: Extreme market conditions, such as severe price volatility, may lead to unpredictable surges in withdrawal requests for products on the platform, potentially disrupting normal operations. The platform may also impose restrictions on user withdrawal requests as a result;
Risks of Fraud, Cyber Attacks, Theft, Manipulation, or Security Failures in Digital Assets: Digital asset transactions are irreversible, so losses due to fraud, theft, or manipulation may be unrecoverable. As such, digital asset investors have limited recourse in the event of theft, fraud, or manipulation and may suffer significant losses.
We encourage users to independently decide whether to participate, based on a thorough understanding of the mechanisms and potential risks. If in doubt, please seek professional advice first.
RWA (Real World Assets) Risks: RWAs or off-chain assets are managed by third-party custodians. Cicada Finance does not directly custody, manage, or hold these assets, nor can it guarantee their authenticity, solvency, compliance, or performance. In the event of custodian default, bankruptcy, or regulatory intervention, users may be unable to recover their assets.
Yield Display Risks: Any yields displayed by the Cicada Finance protocol are derived from onchain contracts or third-party strategies and vary with market conditions; they are not guaranteed returns. Any forms of APR/APY are real-time estimates and do not constitute commitments or predictions of returns.
(3) Regional and Sanctions List RestrictionsTo comply with international standards, Cicada Finance will implement restrictions on access and functionality for certain regions based on applicable laws and compliance requirements. The platform will not provide services to countries, jurisdictions, or entities subject to any applicable sanctions. It will not offer any products or services to individuals, organizations, or entities in the following countries or regions, including but not limited to: the United States (including territories), Mainland China, Singapore, Canada, Russia, Belarus, Iran, Iraq, Cuba, North Korea, Syria, Sudan, Venezuela, Yemen, Zimbabwe, Myanmar, Somalia, Uzbekistan, Crimea and Sevastopol, the Democratic Republic of the Congo, Nicaragua, Libya, Afghanistan, Pakistan, Haiti, Laos, Lebanon, Trinidad and Tobago, South Sudan, and any other countries or regions subject to sanctions imposed by the United Nations, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), the European Union, the United Kingdom government, or its member states.Additionally, the following persons and activities are prohibited:
Individuals or entities listed on sanctions lists (such as the OFAC SDN List, EU Sanctions List, UK Sanctions List, etc.);
Entities or addresses directly or indirectly owned or controlled by sanctioned parties.
The platform reserves the right, based on compliance considerations, to implement restrictions through technical means such as IP blocking or wallet blacklist monitoring, and to update the restricted list at any time. It may suspend or terminate access for users violating these terms without liability for any resulting consequences.III. Content Use and Dissemination Restrictions(1) User Behavior ConstraintsWhen using this website and its content, users must comply with all applicable laws and regulations, including those of their jurisdiction and any others implicated by their operations. It is prohibited to use this website for illegal, infringing, fraudulent, money laundering, terrorist financing, or other activities that harm third-party interests. If improper use results in losses to the user, the platform, or others, the user shall bear full liability for compensation.(2) Copyright and Distribution RestrictionsThe content on this website, including but not limited to text, images, charts, code, and model descriptions, is owned by Cicada Finance, which holds the rights to interpretation and use. Without prior written authorization from Cicada Finance, no part of the website content may be used in any form (including reproduction, translation, storage, dissemination, or commercial reuse).The dissemination of certain content may be restricted in some jurisdictions. Users must independently verify its legality, and the platform assumes no responsibility for unauthorized dissemination.IV. Force Majeure Clause and Service Termination Explanation(1) Force Majeure ExemptionIn the event of service disruptions (such as delays, interruptions, or erroneous information) caused by natural disasters, wars, policy changes, cyberattacks, infrastructure failures, or unforeseeable technical issues, Cicada Finance shall not be liable for any direct or indirect losses arising therefrom.To the extent permitted by applicable law, the platform may suspend or terminate services when necessary and will notify users in advance where reasonably practicable.(2) Service Adjustment and TerminationThe platform reserves the right, without prior notice, to suspend, restrict, terminate, or modify products, services, functions, or access permissions. Users must bear any impacts or losses resulting therefrom.(3) Minors RestrictionThis website does not provide services to minors under the age of 18. If a minor is found to have registered or used the platform, the platform reserves the right to immediately terminate the relevant account and delete associated data.Cicada Finance is committed to building a secure, transparent, and sustainable onchain financial infrastructure. We place great emphasis on compliance and user risk awareness. Before using the platform, please ensure you have fully understood this disclaimer and the product mechanisms, and participate voluntarily and rationally.If you have any questions about this Agreement or wish to exercise any statutory rights, please contact us. We will respond within a reasonable timeframe in accordance with applicable laws. You are welcome to reach out via our official social channels.
Email: admin@cicada.finance
X: https://x.com/CicadaFinance
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