Terms of Service

1. Introduction

Welcome to Kredo. By accessing or using our interface, protocol, or related services, you agree to be bound by these Terms of Service. Kredo is a decentralized, authorization-based financial protocol. We provide the interface to interact with the protocol, but we do not take custody of your funds or manage accounts.

2. No Custody & No Accounts

Kredo operates on a stateless architecture. Users do not have accounts, and Kredo does not hold user balances. Liquidity is managed via "Liquidity Fog Pools" which are smart contracts. You acknowledge that:

• We do not have access to your private keys or signers.
• We cannot recover lost authorization credentials or proofs.
• You retain sole control over your spending intents and permissions.

3. Authorization-Based Model

Transactions on Kredo are based on spending intents authorized by cryptographic proofs (Zero-Knowledge Proofs). By initiating an intent, you confirm that you have the right to request liquidity access according to the protocol's active policies.

4. Protocol Risks

Usage of Kredo involves significant risks, including but not limited to software bugs, smart contract vulnerabilities, and blockchain reorganization. Kredo is provided "AS IS", without warranties of any kind. You accept all risks associated with using decentralized financial protocols.

5. Regulatory Compliance

You are responsible for ensuring that your use of Kredo complies with all applicable laws and regulations in your jurisdiction. Since Kredo is predominantly a privacy-preserving infrastructure, we do not collect personal data, but you must not use the protocol for illicit activities.