Welcome to Mono Protocol! These Terms of Service (“Terms”) constitute a legally binding agreement between you (“User,” “you,” or “your”) and our Interface (“we,” “us,” or “our”).
THESE TERMS CONTAIN A BINDING ARBITRATION PROVISION AND A CLASS ACTION WAIVER THAT AFFECT YOUR LEGAL RIGHTS. PLEASE READ SECTION 13 CAREFULLY. BY ACCEPTING THESE TERMS, YOU AGREE TO RESOLVE DISPUTES THROUGH BINDING INDIVIDUAL ARBITRATION UNDER THE RULES OF THE LCIA (LONDON), AND YOU WAIVE YOUR RIGHT TO A TRIAL BY JURY OR TO PARTICIPATE IN ANY CLASS ACTION OR REPRESENTATIVE PROCEEDING.
THE SERVICES ARE NON-CUSTODIAL AND INVOLVE SIGNIFICANT RISKS. THE PROTOCOL CODE IS SUBJECT TO FLAWS AND EXPLOITS. YOU ACKNOWLEDGE THAT YOU USE THE SERVICES AT YOUR OWN RISK AND THAT WE DO NOT CONTROL YOUR ASSETS OR GUARANTEE ANY OUTCOMES.
By accessing, using, or clicking “Connect Wallet” on the website located at https://monoprotocol.com/ (the “Site”), the web interface (the “Interface”), or utilizing the Monoprotocol chain-abstraction infrastructure, APIs, or SDKs (collectively, the “Services”), you agree to be bound by these Terms and our Privacy Policy. If you do not agree to these Terms, you must immediately cease use of the Services.
We reserve the right, in our sole discretion, to modify these Terms from time to time. If we make changes, we will provide notice by updating the date at the top of these Terms and, in some cases, may provide additional notice (such as adding a statement to our homepage or sending a notification). Your continued use of the Services after the effective date of the revised Terms constitutes your acceptance of the terms.
a. By accessing the Services, you affirm that you are at least 18 years of age (or the age of majority in your jurisdiction), have the full right, power, and legal capacity to enter into these Terms, and are not prohibited by any applicable law, regulation, or court order from accessing or using the Services.
b. You represent and warrant that you are not:
you agree not to use any virtual private network (VPN), proxy, or other anonymity tools to circumvent any geoblocking or restrictions applied by the Interface.
d. We reserve the right to restrict or block access to the Interface from certain IP addresses or jurisdictions at its sole discretion to ensure compliance with legal obligations, including the UK Financial Promotions Regime and US Securities laws.
a. We provide the Interface as a hosted graphical user interface to facilitate interaction with the Monoprotocol decentralized protocol (the “Protocol”). The Protocol is a set of immutable smart contracts deployed on various public blockchains (e.g., Ethereum, Solana, Arbitrum):
b. The Interface creates a unified view of your assets (“Mono Balance”) by aggregating data from multiple blockchains:
c. Monoprotocol utilizes an “intent-centric” architecture where you sign messages (“Intents”) expressing a desired outcome (e.g., “Swap X for Y”), which are then fulfilled by third-party actors (“Solvers” or “Fillers”):
d. The Services rely on “Liquidity Locks” and cross-chain messaging systems to facilitate instant transfers:
d. We reserve the right to modify, suspend, or discontinue, temporarily or permanently, the Interface or any part of the Services with or without notice. You agree that we will not be liable to you or to any third party for any modification, suspension, or discontinuance of the Services. Note that due to the immutable nature of smart contracts, we may not be able to update or “turn off” the underlying Protocol code once deployed.
e. You acknowledge that the Protocol relies on a network of independent Solvers to execute Intents. We do not guarantee the honesty, latency, or liquidity of any specific Solver. By signing an Intent, you enter into a direct peer-to-peer arrangement with the fulfilling Solver. We are not a counterparty to any trade and bear no liability for ‘Failed Intents’ or ‘Bad Execution’ resulting from Solver misconduct or inefficiency.
a. The native token of the Protocol (“$MONO”) is a utility token designed for governance, staking, and payment of network fees (“Universal Gas”):
b. If you choose to stake $MONO or other assets:
c. The Protocol allows for the payment of transaction fees in tokens other than the native gas token (e.g., paying ETH gas in USDC) via “Paymasters.” The exchange rates for Universal Gas are determined by Solvers and Protocol parameters, and may include a premium over standard network fees.
a. You are responsible for maintaining the security of your wallet credentials, private keys, and seed phrases. We cannot recover access to your wallet if you lose your credentials.
b. To use the Protocol, you may need to grant “token approvals” to smart contracts:
c. You agree not to use the Services for:
a. The Protocol may assess fees on transactions, including swap fees, bridging fees, and gas fees. These fees are encoded in the smart contracts and are paid automatically from your transaction input.
b. We reserve the right to charge an interface fee on transactions initiated through the Site. Any such fee will be clearly displayed prior to signing the transaction.
c. You are solely responsible for determining the tax implications and reporting requirements of your transactions. We are not a tax advisor and provides transaction history logs solely for informational purposes. You acknowledge that ‘Bridging’ or ‘Wrapping’ assets may be considered a taxable event in your jurisdiction (e.g., strict realization).
a. The Interface, Site, and all related content, including text, graphics, logos, and software (excluding the open-source Protocol code), are the property of us or our licensors and are protected by copyright, trademark, and other intellectual property laws.
b. Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable license to access and use the Services for your personal or internal business use.
c. If you provide us with any feedback or suggestions regarding the Services, you grant us a perpetual, irrevocable, royalty-free license to use such feedback for any purpose without compensation to you.
a. The Services may contain links to third-party websites (e.g., CoinGecko, Etherscan) or integrate third-party services (e.g., WalletConnect, Li.Fi). We do not control, endorse, or assume responsibility for any third-party content or services. Your use of such services is governed by their respective terms and privacy policies.
a. THE SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED.
a. TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.
a. YOU ACKNOWLEDGE THAT THE PROTOCOL AND INTERFACE MAY BE IN BETA FORM AND MAY CONTAIN BUGS, ERRORS, OR VULNERABILITIES. YOU ACCEPT THE RISK OF SOFTWARE FAILURE AND DATA LOSS.
a. THE INFORMATION PROVIDED ON THE SITE DOES NOT CONSTITUTE INVESTMENT ADVICE, FINANCIAL ADVICE, TRADING ADVICE, OR ANY OTHER SORT OF ADVICE. YOU SHOULD NOT TREAT ANY OF THE SITE'S CONTENT AS SUCH. WE DO NOT RECOMMEND THAT ANY CRYPTOASSET SHOULD BE BOUGHT, SOLD, OR HELD BY YOU.
a. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL WE, ITS AFFILIATES, DIRECTORS, EMPLOYEES, OR AGENTS BE LIABLE FOR ANY INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES, INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES.
NOTWITHSTANDING THE FOREGOING, OUR TOTAL LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR YOUR ACCESS TO OR USE OF THE SERVICES SHALL NOT EXCEED THE GREATER OF (A) THE AMOUNT OF FEES PAID BY YOU TO US IN THE TWELVE (12) MONTHS PRECEDING THE DATE OF THE CLAIM, OR (B) ONE HUNDRED BRITISH POUNDS STERLING (£100.00).
b. We assume no liability for:
a. You agree to defend, indemnify, and hold harmless us and its affiliates from and against any and all claims, damages, obligations, losses, liabilities, costs, and expenses (including but not limited to attorney's fees) arising from:
a. These Terms and any dispute or claim arising out of or in connection with them or their subject matter (including non-contractual disputes) shall be governed by and construed in accordance with the laws of England and Wales.
b. Before filing a claim, you agree to try to resolve the dispute informally by contacting us at and providing a written notice of your claim. We will attempt to resolve the dispute within thirty (30) days.
c. If the dispute is not resolved informally, it shall be finally settled by binding arbitration administered by the London Court of International Arbitration (LCIA) under the LCIA Rules, which are deemed to be incorporated by reference into this clause.
d. YOU AND WE AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING.
a. These Terms shall remain in full force and effect while you use the Services.
b. We reserve the right to suspend or terminate your access to the Services regarding your specific wallet address or IP address at any time, for any reason, at our sole discretion, without prior notice or liability, including but not limited to:
c. Effect of Termination. Upon termination, your right to use the Services will immediately cease. As a non-custodial protocol, we cannot seize your assets, but we can restrict your interaction with our Interface. Sections 5, 8, 10, 11, 12, 13, and 14 shall survive any termination of these Terms.
a. We shall not be liable for any delay or failure to perform resulting from causes outside its reasonable control, including, but not limited to, acts of God, war, terrorism, riots, embargos, acts of civil or military authorities, fire, floods, accidents, strikes or shortages of transportation facilities, fuel, energy, labor or materials.
b. Specific Blockchain Risks: For the avoidance of doubt, “Force Majeure” explicitly includes:
a. Your submission of personal information through the Services is governed by our Privacy Policy, which is incorporated herein by reference.
b. You acknowledge that while the Protocol is non-custodial, we collect and process data as described in the Privacy Policy, including but not limited to:
c. Use of Data. We use this information to operate and improve the Services, ensure compliance with regulatory obligations, prevent illicit activity, and for marketing or communication purposes as detailed in the Privacy Policy;
d. By using the Services, you explicitly consent to such collection, processing, and storage of your data. You represent that you have read and understood the Privacy Policy.
a. If any provision of these Terms is found to be invalid or unenforceable, that provision will be enforced to the maximum extent permissible, and the other provisions of these Terms will remain in full force and effect.
b. These Terms constitute the entire agreement between you and us regarding the Services and supersede all prior written or oral agreements.
c. You may not assign or transfer these Terms without our prior written consent. We may assign or transfer these Terms without restriction.
d. You consent to receive electronic communications from us (e.g., via email, Discord, X/Twitter, or by posting notices on the Services). You agree that any notices, agreements, disclosures, or other communications that we send to you electronically will satisfy any legal communication requirements, including that such communications be in writing.
a. For any questions about these Terms, please contact us at: legal@monoprotocol.com.
