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Terms of Service for Hammy Swap

Terms of Service for Hammy Swap

Effective Date: April 13, 2025

1. Introduction

Welcome to Hammy Swap ("Service", "we", "us", or "our"), a decentralized exchange protocol forked from Uniswap V2 and deployed on the XRP Ledger EVM. These Terms of Service ("Terms") govern your use of our web interface and interaction with the Hammy Swap smart contracts.

By accessing or using Hammy Swap, you agree to be bound by these Terms. If you disagree with any part of the Terms, you may not access the Service.

2. Definitions

  • Hammy Swap Protocol: The collection of smart contracts deployed on the XRPL EVM that enable decentralized token swaps and liquidity provision.
  • User Interface: The web application that allows users to interact with the Hammy Swap Protocol.
  • Liquidity Provider: Any user who deposits token pairs into Hammy Swap liquidity pools.
  • Swap: The exchange of one token for another through the Hammy Swap Protocol.
  • XRPL: XRP Ledger, the blockchain on which Hammy Swap operates.

3. Eligibility

To use Hammy Swap, you must:

  • Be at least 18 years old
  • Have the legal capacity to enter into these Terms
  • Not be a resident of or located in any jurisdiction where use of the Service would violate applicable laws
  • Not be subject to economic or trade sanctions
  • Maintain a compatible cryptocurrency wallet

4. Service Description

Hammy Swap is a decentralized protocol that:

  • Facilitates the exchange of digital tokens on the XRPL EVM
  • Allows users to contribute liquidity to trading pools
  • Issues liquidity provider tokens representing proportional ownership of liquidity pools
  • Enables users to earn fees from trading activity

5. Risks and Disclaimers

5.1 General Risks

YOU EXPRESSLY UNDERSTAND AND AGREE THAT YOUR ACCESS TO AND USE OF HAMMY SWAP IS AT YOUR SOLE RISK, AND THAT THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND.

5.2 Specific Risks

  • Smart Contract Risk: Smart contracts may contain bugs, vulnerabilities, or other issues that could lead to loss of funds.
  • Market Risk: Cryptocurrency prices are highly volatile and can change rapidly.
  • Liquidity Risk: There may be insufficient liquidity in pools to facilitate your desired swap or withdrawal.
  • Impermanent Loss: Liquidity providers may experience impermanent loss when token prices change.
  • Regulatory Risk: Changes in regulations may affect the functionality or legality of Hammy Swap.
  • Technology Risk: The XRPL EVM or other related technologies may experience technical issues.

5.3 No Financial Advice

Nothing on Hammy Swap constitutes financial, investment, or legal advice. You are solely responsible for your financial decisions.

6. User Responsibilities

6.1 Account Security

You are responsible for maintaining the security of your wallet and private keys. We will never ask for your private keys or seed phrase.

6.2 Tax Obligations

You are solely responsible for determining what taxes apply to your transactions on Hammy Swap and for reporting and remitting the correct tax to the appropriate tax authority.

6.3 Compliance with Laws

You agree to comply with all applicable laws when using Hammy Swap.

7. Prohibited Activities

You may not:

  • Use Hammy Swap for any illegal purpose
  • Attempt to interfere with, compromise, or disrupt the Service
  • Use the Service to engage in price manipulation or market abuse
  • Circumvent or attempt to circumvent any access or functionality restrictions
  • Use the Service to engage in money laundering, terrorist financing, or other financial crimes
  • Violate any applicable laws or regulations

8. Intellectual Property

The Hammy Swap name, logo, and all related names, logos, product and service names, designs, and slogans are trademarks of Hammy Swap or its affiliates. You may not use such marks without prior written permission.

As an open-source protocol forked from Uniswap V2, the underlying smart contract code is subject to applicable open-source licenses.

9. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL HAMMY SWAP, ITS DEVELOPERS, CONTRIBUTORS, OR AFFILIATES BE LIABLE FOR ANY INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL DAMAGES, OR ANY DAMAGES WHATSOEVER INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF USE, DATA, OR PROFITS, ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OR PERFORMANCE OF THE SERVICE.

10. Indemnification

You agree to defend, indemnify, and hold harmless Hammy Swap and its developers, contributors, and affiliates from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees arising out of or relating to your use of the Service or your violation of these Terms.

11. Modifications to Terms

We reserve the right to modify these Terms at any time. If we make changes, we will provide notice by updating the date at the top of these Terms and posting the new Terms on our website.

12. Governing Law

These Terms shall be governed by and construed in accordance with the laws of France, without regard to its conflict of law provisions.

13. Dispute Resolution

Any dispute arising from these Terms or your use of Hammy Swap shall be resolved through binding arbitration in accordance with the rules of the International Chamber of Commerce (ICC) in France.

14. Severability

If any provision of these Terms is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law, and the remaining provisions will continue in full force and effect.

15. Contact Information

For questions about these Terms, please contact us at [contact@hammy.finance].

16. Acknowledgment

BY USING HAMMY SWAP, YOU ACKNOWLEDGE THAT YOU HAVE READ THESE TERMS OF SERVICE, UNDERSTAND THEM, AND AGREE TO BE BOUND BY THEM.