1. Eligibility
To use the Services, you must be at least 18 years old and possess the legal capacity to enter into a binding agreement. By using the Services, you represent and warrant that you meet these eligibility requirements.2. Sanctions and Restricted Jurisdictions
By accessing or using the Services, you represent and warrant that:- You are not, and are not acting on behalf of, a person or entity that is the subject or target of sanctions administered or enforced by the U.S. government (including the Office of Foreign Assets Control (“OFAC”)), the United Nations Security Council, the European Union, His Majesty’s Treasury, or any other applicable sanctions authority, and you are not listed on any list of prohibited or restricted parties maintained by such authorities
- You are not located in, organized in, or a resident of any country or territory that is the subject of comprehensive sanctions, including Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions of Ukraine, or any other jurisdiction where use of the Services would be unlawful (“Restricted Jurisdictions”)
- You will not use the Services, or any virtual private network or similar tool, to circumvent geographic or access restrictions we may impose
3. Description of Services
Loopscale is a non-custodial lending protocol built on Solana that facilitates fixed-rate, overcollateralized loans through a decentralized order book system. Interactions occur via smart contracts and are executed through user-controlled, self-custodial wallets. Standard Labs does not control user funds, cannot reverse or alter transactions, and does not provide custodial services. You are solely responsible for safeguarding your private keys and wallet credentials.4. No Financial Advice; No Fiduciary Duty
All content provided through the Services is for general informational purposes only and does not constitute legal, financial, investment, or tax advice. You are solely responsible for your decisions and should consult qualified professionals before engaging in any transaction. Standard Labs is not a bank, broker, dealer, exchange, investment adviser, or money services business, and does not act as an intermediary or counterparty to any transaction executed through the Loopscale protocol. Nothing in these Terms or your use of the Services creates any fiduciary, advisory, or agency relationship between you and Standard Labs. To the fullest extent permitted by law, Standard Labs disclaims any fiduciary duties to you.5. Risk Disclosure
Your use of Loopscale involves numerous risks, including:- Vulnerabilities in smart contracts
- Liquidation of overcollateralized loans
- Market volatility and slippage
- Oracle manipulation or latency
- Failures of the Solana network or integrated protocols
- Adverse legal or regulatory developments
6. Prohibited Conduct
By using the Services, you agree that you will not:- Violate any applicable laws or regulations
- Use the Services for unlawful, fraudulent, or malicious purposes
- Attempt to access or alter smart contracts beyond intended use
- Introduce viruses or other malicious code
- Misrepresent your identity or the origin of any transaction
7. Third-Party Integrations
Loopscale integrates with third-party protocols including, but not limited to, Orca, Meteora, and marginfi. These integrations are provided for user convenience. We do not control or endorse third-party services and disclaim all liability arising from their use.8. API Terms
Standard Labs may make APIs, endpoints, developer documentation, and related tools (collectively, the “API Services”) available to developers, partners, and integrators. Your use of the API Services is subject to these Terms and the following conditions:- License. Subject to your compliance with these Terms, we grant you a limited, revocable, non-exclusive, non-transferable license to access the API Services solely to build applications and integrations that interact with the Loopscale protocol. This license does not grant you any right to use Standard Labs’ or Loopscale’s branding or trademarks, or to represent any affiliation with, endorsement by, or sponsorship by Standard Labs.
- No guarantees. The API Services are provided “as is” and “as available,” with no warranties or service-level commitments of any kind. We do not guarantee the availability, uptime, accuracy, completeness, or timeliness of the API Services or of any data returned by them. Data returned by the API Services (including rates, quotes, prices, and position information) is for informational purposes only, may be delayed or inaccurate, and does not constitute financial, investment, or other advice. On-chain state is authoritative; you are solely responsible for independently verifying any data before relying on it or executing any transaction.
- Access controls. We may monitor usage of the API Services and may, at any time and without notice, impose or change rate limits, require authentication or registration, throttle, suspend, or terminate your access, or modify or discontinue any part of the API Services. Certain endpoints may be made available only to specific partners or integrators, and such access may be subject to separate written agreements.
- Prohibited API conduct. You agree not to: (a) circumvent or attempt to circumvent any rate limits, authentication, or other access controls; (b) use the API Services in a manner that imposes an unreasonable load on our infrastructure or interferes with the Services; (c) scrape, bulk-harvest, or systematically extract data from the Services other than through the API Services as intended; (d) misrepresent the source of data obtained from the API Services or present modified data as originating from Loopscale; (e) resell or redistribute raw access to the API Services without our prior written consent; or (f) use the API Services in connection with any unlawful, fraudulent, deceptive, or market-manipulative activity.
- Your applications. You are solely responsible for any application or integration you build using the API Services, including its compliance with applicable law, its security, and any losses incurred by you or your users. Standard Labs disclaims all liability arising from third-party applications built on the API Services.
9. Loopscale Points
We may offer promotional programs, including Loopscale Points, that track participation in the protocol. You acknowledge and agree that:- Points have no monetary or cash value, are not a currency, security, or financial instrument, and do not represent any property, equity, or other interest in Standard Labs or the Loopscale protocol
- Points do not entitle you to any tokens, airdrops, distributions, rewards, or other compensation, and accrual of points creates no expectation of any of the foregoing
- Points are non-transferable and may not be sold, exchanged, or redeemed except as we may expressly permit
- We may modify, suspend, or terminate any points or rewards program, or adjust or revoke any user’s points (including for suspected abuse, manipulation, or violation of these Terms), at any time in our sole discretion and without notice or compensation
- Points offered by third-party protocols in connection with Loopscale integrations are administered solely by those third parties, and we have no responsibility for their programs or distributions
10. Taxes
You are solely responsible for determining what, if any, taxes apply to your transactions and activity on the Services, and for reporting and remitting the correct amounts to the appropriate taxing authorities. Standard Labs is not responsible for determining, withholding, collecting, reporting, or remitting any taxes arising from your use of the Services.11. Intellectual Property
All content, branding, trademarks, and documentation provided by Standard Labs are the intellectual property of Standard Labs or its licensors. Use of these materials is prohibited without prior written consent. The Loopscale smart contracts are open-source and subject to their respective licenses.12. Feedback
If you provide us with any suggestions, ideas, bug reports, or other feedback regarding the Services (“Feedback”), you grant Standard Labs a perpetual, irrevocable, worldwide, royalty-free, fully sublicensable license to use, reproduce, modify, and otherwise exploit the Feedback for any purpose, without any obligation or compensation to you.13. Modifications; Suspension and Termination of Access
We reserve the right to modify these Terms and the Services at any time. Updates will be posted on our website. Continued use of the Services constitutes acceptance of any modifications. We may, at any time and in our sole discretion, with or without notice, suspend, restrict, or terminate your access to the website, application, API Services, or any other part of the Services we operate, including for suspected violations of these Terms, suspected illicit activity, or compliance with legal or regulatory requirements. Because the Loopscale protocol consists of smart contracts deployed on the Solana blockchain, restricting access to our interfaces does not and cannot affect assets you hold in self-custody.14. Indemnification
You agree to defend, indemnify, and hold harmless Standard Labs, its affiliates, officers, employees, contractors, and agents from any claims or liabilities arising from:- Your use or misuse of the Services
- Your violation of these Terms or any applicable law
- Any third-party content or assets you access through the Services