Terms & Conditions
Rush Trading Service Agreement
Last Updated: 20 October 2024
This Rush Trading Services Agreement ("Agreement") outlines the terms and conditions governing your use of Rush Trading (the "Platform"). By accessing or using the Platform, you agree to be bound by this Agreement.
Important Notice: Engaging with the Rush Trading Platform involves significant financial risk, including the potential for the loss of your entire investment. Rush Trading does not guarantee any profits or the success of any tokens launched or traded on the Platform. By using the Platform, you acknowledge that you fully understand these risks and voluntarily accept them. It is strongly recommended that you do your own research before using the Platform.
1. Definitions and Interpretation
In this Agreement, the following terms are used:
- Platform: Refers to Rush Trading’s decentralised token launchpad and associated services.
- Service Provider (also referred to as "we" or "us"): Rush Trading, providing access to the Platform and associated tools.
- Token Creator: Any user that deploys tokens via the Platform.
- Liquidity Provider: A user that provides liquidity to support token launches.
- Trader: A user who buys or sells tokens through the Platform, decentralized exchanges or third-party services like Telegram bots interacting with those exchanges.
- XPs (Experience Points): A system of rewards provided to users for actions on the Platform, which may unlock additional features or perks.
- Agreement: Refers to this Rush Trading Service Agreement, as may be amended or updated from time to time.
2. Provision of Services
Rush Trading offers users several key services through the Platform, including but not limited to:
- Token Deployment: Users can deploy tokens using our RushERC20Factory, which provides secure, immutable smart contracts.
- Liquidity Support: Users can borrow liquidity to facilitate token launches, and liquidity providers can earn rewards.
- XPSystem: A gamified experience where users earn XPs for engaging with platform actions like trading, liquidity provision, token deployment, and referrals. XPs unlock new platform features over time.
All tokens deployed on the Platform are immutable, meaning the code becomes permanent once created. This ensures transparency and security assuming that contracts are safe from vulnerabilities. However, token prices may fluctuate significantly, and by using the Platform, you accept all associated risks, including the potential loss of value.
If fraudulent activity or violations of these terms are detected, Rush Trading reserves the right to restrict access to or remove any tokens or user accounts from the Platform.
3. Who is Behind Rush Trading
You are the primary driver of token deployment on Rush Trading. Our platform acts as an interface enabling users to create tokens and manage liquidity. Once a token is deployed, it is immutable, and neither we nor any third party can alter it.
Rush Trading's team maintains the Platform and ensures proper integration with blockchain protocols. For any inquiries or support, you can reach us at [email protected].
4. User Eligibility and Binding Agreement
By accessing or using the Platform, you agree to the terms of this Agreement. If you do not agree, you are prohibited from using the Platform.
User Eligibility:
- You must be at least 18 years old or the legal age to form a binding contract in your jurisdiction.
- You must not reside in any jurisdiction where using decentralized finance platforms, such as Rush Trading, is illegal.
- You must not be prohibited from using decentralized applications under local laws.
We reserve the right to change the terms of this Agreement at any time. Users will be notified of significant updates, and continued use of the Platform indicates your acceptance of the updated terms.
5. Wallet Access and Security
To engage with the Platform, you must connect a blockchain wallet. You are solely responsible for maintaining the security of your wallet and private keys. Rush Trading is not liable for any loss due to unauthorized access to your wallet or security breaches.
User Responsibilities:
- Only you should control your wallet’s private keys.
- You are responsible for all transactions executed through your wallet.
- Rush Trading will not recover lost funds or keys.
6. Risks and Liability
Rush Trading does not guarantee the success of any token launched or liquidity provided on the Platform. Users assume all risks related to token price volatility, market fluctuations, and liquidity availability.
Risks Include:
- Market Risks: Token prices can rise or fall dramatically, and users may experience losses.
- Security Risks: While we take measures to secure the Platform, engaging with blockchain protocols carries inherent risks like hacking or unauthorized access.
- Transparency Risks: All transactions are public and visible on-chain, and others may track your activities.
7. User Commitments and Restrictions
By using the Platform, you agree to the following commitments:
- Content Ownership: You warrant that all content you upload or create is your own or that you have the necessary rights to use it.
- Law Compliance: You agree to comply with all applicable laws and regulations, including those related to digital assets and securities.
- Your token or content does not incite violence, is not harmful, and complies with applicable laws.
- No Malicious Activities: You will not attempt to exploit, hack, or introduce harmful material to the Platform.
- No Automation: You agree not to use bots, scripts, or automated processes to interact with the Platform unless expressly authorized by Rush Trading.
- You will not circumvent security measures.
- You are expected to comply with all applicable laws and regulations while using the Platform.
Once deployed, a token cannot be removed. However, Rush Trading reserves the right to limit its visibility or interaction on the platform at any time for violations of these terms.
Rush Trading does not provide financial, legal, or tax advice. Users should consult their own advisors if they have questions regarding risks or their participation in the Platform.
8. Service Provider Obligations
Rush Trading strives to keep the Platform operational at all times. However, access may be interrupted due to maintenance, security issues, or events beyond our control.
While we make our best efforts to secure the Platform, users are responsible for their own security when interacting with blockchain protocols.
9. Fees
Fee Structure: Rush Trading may charge fees related to activities such as token deployment, liquidity provision, and others. These fees are transparently displayed at the time of the transaction and deducted accordingly.
Changes to Fees: Rush Trading reserves the right to update the fee structure as necessary. Users will be informed of any changes in advance.
10. XP System
Rush Trading features a gamified XPs system, allowing users to earn points for actions like trading, token deployment, and referrals. XPs unlock additional platform features and perks but cannot be transferred, traded, or withdrawn.
Rush Trading reserves the right to update or modify the XP system and levels to improve the user experience. Any changes will be aimed at enhancing the functionality of the Platform, and users will be notified of updates when applicable.
11. Limitation of Liability
Rush Trading will not be held liable for:
- Market Losses: Losses related to market fluctuations, token volatility, or liquidity issues.
- Third-Party Platforms: Any interactions with third-party services, such as Uniswap or Coinbase Smart Wallet, are outside of our control, and Rush Trading assumes no liability for losses associated with these services.
- Security Breaches: Losses from unauthorised access to your account or any hacking attempts beyond our security protocols.
- Smart Contract Exploits: Rush Trading assumes no liability for losses resulting from vulnerabilities, bugs, or exploits within the smart contracts deployed on the platform, even if those contracts are developed by Rush Trading.
12. Termination
(a) Automatic Termination Events: This Agreement can be terminated with immediate effect in relation to any user (referred to as 'User' hereafter) if any of the following events occur:
- Gross Misconduct: The User engages in any form of gross misconduct that affects the platform, as determined solely by Rush Trading’s discretion.
- Breach of Terms: The User commits any serious or repeated breach of this Agreement, including misuse of the platform or failure to comply with applicable laws.
- Fraud or Dishonesty: The User engages in fraud, dishonesty, or any actions that bring disrepute to Rush Trading or its community.
- Insolvency or Bankruptcy: The User is declared bankrupt, becomes insolvent, or makes arrangements with creditors to avoid debt.
- Illegal Activity: The User is involved in any activity that violates anti-corruption, anti-money laundering, or counter-terrorist financing laws.
- Sanctions: The User is added to any sanctions lists, including but not limited to those by the United States or the United Kingdom, as confirmed by the Chainalysis oracle.
(b) Termination at the Discretion of Rush Trading:
Rush Trading reserves the right to terminate or suspend a User’s access to the platform at its sole discretion, without prior notice, for reasons including but not limited to suspicious activities, violation of community guidelines, or any action deemed harmful to the integrity of the platform.
(c) Effect of Termination: Upon termination, the User’s access to the platform and services will be immediately revoked. Any earned XP Points or benefits will be forfeited. Rush Trading will not be liable for any loss, damages, or inconvenience caused by the termination of services.
(d) Rush Trading’s Rights: Termination rights are without prejudice to any other legal rights Rush Trading may have. The decision to terminate a User shall not limit Rush Trading’s ability to pursue additional legal remedies, including but not limited to recovery of losses incurred from a User’s misconduct or breach of the Agreement.
(e) No Waiver of Rights: Failure by Rush Trading to immediately exercise its termination rights does not constitute a waiver of its ability to do so in the future.
13. Indemnification
You agree to indemnify and hold Rush Trading harmless from any claims, damages, or liabilities resulting from your use of the Platform. This includes:
- Losses or damages from token creation or trading.
- Legal claims arising from violations of these terms.
Rush Trading may assume the defence of any claims at your expense and requires your cooperation in doing so.
14. Modifications
Rush Trading reserves the right to modify this Agreement at any time. Users will be notified of any substantial changes to the terms.
15. Contact Information
For any questions or concerns regarding this Agreement, please contact us at [email protected].