Disclaimer


Optimus is a decentralized peer-to-contract protocol for yield aggregator of IRC-20 tokens. The protocol consists of free, publicly available, open-source software, including smart contracts that are deployed on the ICON blockchain.

Use of Optimus involves various risks, including, but not limited to, losses in connection with the deposit of digital assets to the Optimus protocol.

Smart contract risk. Optimus smart contracts have been audited, but there’s always the possibility of a bug or vulnerability that compromises participants’ funds. It would not be possible to recover them.

Rebalancing risk. When you deposit ICX into Balanced borrowing strategy, it’s used to keep the value of Balanced assets stable (so traders can always sell bnUSD for $1 of ICX). Since your ICX is used to borrow from Balanced, some of your collateral will be sold over time, but your loan will also be reduced by an equal amount. Learn how rebalancing affects your position

While Optimus is designed to be resistant to attack, assets on the protocol may be subject to expropriation, theft, and/or fraud; hackers or other malicious groups or organizations may attempt to interfere with the protocol in various ways, including malware attacks, denial of service attacks, consensus-based attacks, spoofing, and other similar tactics which may result in the loss of your assets, or the loss of your ability to access or control your assets. In such an event, there may be no remedy, and holders of virtual assets are not guaranteed any remedy, refund, or compensation. In particular, note that any third party who gains access to your private login credentials may be able to liquidate, sell, dispose, or transfer your assets.

Pages on the Optimus website may hyperlink to services run by others. Optimus does not make any warranty about services run by others, or content they may provide. Use of services run by others may be governed by other terms between you and the entity running the other service.

Before using the Optimus protocol, you should perform all necessary due diligence to make sure you understand how Optimus works and the risks associated with your use of the Optimus protocol. Optimus is accessible through a variety of web and mobile interfaces; your use of any such interfaces may subject you to costs imposed in connection therewith, and additional risks relating to the use thereof. Before accessing Optimus through a web or mobile interface, you should perform all necessary due diligence to ensure that you fully understand any costs, conditions, and risks associated with such interfaces.

BY ACCESSING OPTIMUS, YOU ACKNOWLEDGE AND AGREE THAT YOUR USE OF THE OPTIMUS PROTOCOL IS ENTIRELY AT YOUR OWN RISK. The Optimus protocol is available for use to the public on an “as-is” basis, and no representations or warranties of any kind are made with respect to the Optimus protocol, its operations and functionality, or its fitness for any specific purpose.

The Optimus protocol is operated by smart contracts deployed on the ICON blockchain. Although early contributors, along with various partners, were involved in the development of the code for Balanced, the early contributors do not own, control, offer, or provide the Balanced protocol for use to the public. The Optimus protocol is managed and administered by holders of Optimus’s FIN governance token. No entity or individual, including, without limitation, the early contributors, their partners, and the respective founders, officers, employees, agents, or representatives, will be liable for any losses, claims or damages whatsoever associated with the Balanced protocol, including any direct, indirect, incidental, special, exemplary, punitive or consequential damages, or loss of profits, cryptocurrencies, tokens, or anything else of value.

Optimus is not insured by the FDIC or any other agency. All risk of loss is borne by the user.

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