Aave general terms of use

Updated 01.12.2020

1. Introduction

In these Aave General Terms of Use (“Terms”), “Aave”, "we" and "us" refers Aave SAGL and we own and operate the website https://aave.com/("the Site") which acts as a front-end to the decentralized Aave Protocol. These Terms apply to you (“You”) as a user of the Site and Aave front-end, including all the products, services, tools and information made available on the Site.

Please read these Terms carefully before using the Site. These Terms apply to any person accessing the Site and by using the Site you agree to be bound by them. If you don’t want to be bound by them, you should not access the Site. By using the Site in any capacity, you agree that you have read and understood these Terms.

Please read these Terms carefully to ensure that you understand each provision. This agreement contains a mandatory individual arbitration and class action/jury trial waiver provision that requires the use of arbitration on an individual basis to resolve disputes, rather than jury trials or class actions.

You must be able to form a legally binding contract online either as an individual or on behalf of a legal entity. You represent that, if you are agreeing to these Terms on behalf of a legal entity, you have the legal authority to bind the company or other legal entity to these Terms and you are at least 18 years old or the age of majority where you reside, whichever is older, can form a legally binding contract online, and have the full, right, power and authority to enter into and to comply with the obligations under these Terms.

You are advised to check these Terms periodically to familiarise yourself with any changes to the Terms. Aave in its sole discretion, reserves the right to make changes to our terms of services. Changes are binding on users of the Site and will take effect immediately upon posting. As a user, you agree to be bound by any changes, variations, or modifications to our terms of service and your continued use of the Site shall constitute acceptance of any such changes, variations, or modifications.

Aave will indicate on the Site of the changes to these Terms. You accept by doing so, we provide you with sufficient notice of such change.

Our Privacy Policy and Cookie Policy also apply to your use of the Site.

Our Privacy Policy and Cookie Policy also apply to your use of the Site.

2. Site

As part of the Site, Aave provides access to a decentralized finance application (“Application”) on the Ethereum blockchain, that allows lenders or borrowers of Ethereum assets (“Cryptocurrency assets”) to transact using smart contracts (“Smart Contracts”).

Using the Aave Protocol may require that you pay a fee, such as gas charges on the Ethereum network to perform a transaction. You acknowledge and agree that Aave has no control over any transactions, the method of payment of any transactions, or any actual payments of transactions. You must ensure that you have a sufficient balance to complete any transaction on the Aave Protocol before initiating such transaction.

You acknowledge and agree that Aave has no control over any transactions over Aave Protocol, the method of payment of any transactions or any actual payments of transactions. Accordingly, you must ensure that you have a sufficient balance of the applicable cryptocurrency tokens stored at your Aave Protocol-compatible wallet address (“Cryptocurrency Wallet”) to complete any transaction on the Aave Protocol or the Ethereum network before initiating such transaction

Stay in touch!

Only interesting news about cryptocurrency.

Subscribe