Terms of Service

shyield.finance Effective Date: November 28, 2025 Last Updated: November 28, 2025

These Terms of Service ("Terms") govern your access to and use of the Shield Finance website at https://shyield.finance (the "Site"), the Shield Finance decentralized application (the "dApp"), and all related smart contracts, protocols, and services (collectively, the "Services") provided by Shield Finance ("we," "our," or "us").

PLEASE READ THESE TERMS CAREFULLY BEFORE USING THE SERVICES.

By accessing or using the Services, you agree to be bound by these Terms. If you do not agree, do not access or use the Services.


1. Acceptance of Terms

By connecting your wallet, interacting with our smart contracts, or otherwise using the Services, you acknowledge that you:

  1. Have read and understood these Terms

  2. Are at least 18 years old (or the age of majority in your jurisdiction)

  3. Have the legal capacity to enter into binding agreements

  4. Are not located in a jurisdiction where use of the Services is prohibited

  5. Are not on any sanctions list or subject to economic restrictions


2. Description of Services

Shield Finance provides:

  • Liquid Staking: Stake XRP and receive shXRP liquid staking tokens

  • SHIELD Staking: Stake SHIELD tokens to boost shXRP yield

  • FAssets Bridge: Bridge XRP to FXRP on Flare Network

  • Token Swaps: Exchange tokens via integrated DEX protocols

  • Portfolio Dashboard: View and manage your DeFi positions

::: warning Decentralized Protocol Shield Finance operates as a decentralized, non-custodial protocol. Smart contracts are deployed on public blockchain networks (Flare Network, XRP Ledger) and operate autonomously. We do not have the ability to reverse transactions, recover funds, or modify contract state. :::


3. Non-Custodial Nature

3.1 You Control Your Assets

Shield Finance is a non-custodial protocol:

  • We never take custody of your private keys

  • We never take custody of your funds

  • All transactions require your explicit wallet signature

  • You are solely responsible for securing your wallet credentials

3.2 Your Responsibility

You acknowledge that:

  • Loss of your private keys means permanent loss of funds

  • We cannot recover lost, stolen, or misdirected assets

  • Wallet security is entirely your responsibility

  • Transactions are irreversible once confirmed on-chain


4. Risks and Disclaimers

4.1 Smart Contract Risk

::: danger Critical Risk Disclosure Smart contracts may contain bugs, vulnerabilities, or exploits. While we conduct security audits, no audit guarantees the absence of vulnerabilities. You may lose some or all of your deposited assets. :::

4.2 Market and Financial Risks

  • Token prices are volatile and may decline significantly

  • APY rates are variable and not guaranteed

  • Liquidity conditions may prevent timely withdrawals

  • Impermanent loss may occur in liquidity positions

  • Slippage may result in less favorable execution prices

4.3 Protocol and Blockchain Risks

  • Network congestion may delay transactions

  • Hard forks or protocol changes may affect asset value

  • Oracle failures may cause incorrect pricing

  • Bridge protocols (FAssets) carry cross-chain risks

  • Validator or node failures may impact service availability

4.4 Regulatory Risks

  • Regulatory changes may restrict access to Services

  • Tax obligations vary by jurisdiction

  • Legal status of crypto assets differs globally

  • Compliance requirements may evolve


5. Not Financial Advice

::: tip Important Disclaimer THE SERVICES DO NOT CONSTITUTE FINANCIAL, INVESTMENT, TAX, OR LEGAL ADVICE.

  • We do not recommend any specific investment strategy

  • Past performance does not guarantee future results

  • You should consult qualified professionals before making financial decisions

  • All investment decisions are made at your own risk :::

We are not:

  • A registered broker, dealer, or investment advisor

  • A licensed financial institution

  • Providing personalized financial recommendations


6. Prohibited Activities

You agree NOT to:

  1. Violate Laws: Use the Services for illegal purposes or in violation of any applicable law

  2. Money Laundering: Use the Services to launder money, finance terrorism, or evade sanctions

  3. Fraud: Engage in fraudulent, deceptive, or manipulative activities

  4. Exploit Vulnerabilities: Attempt to exploit bugs or vulnerabilities in smart contracts

  5. Attack the Protocol: Conduct DDoS attacks, spam, or other malicious activities

  6. Circumvent Restrictions: Use VPNs or other means to access from restricted jurisdictions

  7. Infringe Rights: Violate intellectual property or other proprietary rights

  8. Harm Others: Harass, abuse, or harm other users

Violation may result in immediate termination of access without notice.


7. Restricted Jurisdictions

The Services are NOT available to persons or entities located in, incorporated in, or residents of:

  • United States of America

  • Countries subject to OFAC sanctions

  • Any jurisdiction where crypto services are prohibited

You represent and warrant that you are not accessing the Services from any restricted jurisdiction.


8. Intellectual Property

8.1 Our IP

Shield Finance and its licensors own all rights to:

  • The Shield Finance brand, logo, and trademarks

  • Website design and user interface

  • Documentation and educational content

  • Marketing materials

8.2 Open Source

Our smart contracts and certain protocol components are open source under applicable licenses. See our GitHub repository for specific license terms.

8.3 User Content

By submitting content (feedback, suggestions), you grant us a perpetual, royalty-free license to use such content for protocol improvement.


9. Third-Party Services

The Services integrate with third-party protocols and services:

  • Wallets: Xaman, MetaMask, WalletConnect

  • DEX: SparkDEX, Uniswap-compatible routers

  • Bridges: Flare FAssets Protocol

  • Oracles: Flare Time Series Oracle (FTSO)

  • Yield Sources: Firelight Finance

We are not responsible for third-party services. Your use is subject to their respective terms.


10. Fees

10.1 Protocol Fees

Shield Finance may charge fees for certain Services:

  • Deposit/withdrawal fees

  • Performance fees on yield

  • Swap fees

Current fee schedules are displayed in the dApp interface.

10.2 Network Fees

You are responsible for all blockchain network (gas) fees. These fees are paid to network validators, not to Shield Finance.


11. Limitation of Liability

::: warning Legal Disclaimer TO THE MAXIMUM EXTENT PERMITTED BY LAW:

THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED.

WE SHALL NOT BE LIABLE FOR:

  • Loss of funds due to smart contract exploits

  • Market losses or price volatility

  • Service interruptions or downtime

  • Actions of third-party protocols

  • User error or wallet compromise

  • Any indirect, incidental, or consequential damages

OUR TOTAL LIABILITY SHALL NOT EXCEED THE AMOUNT OF FEES YOU PAID TO US IN THE PAST 12 MONTHS, OR $100, WHICHEVER IS GREATER. :::


12. Indemnification

You agree to indemnify, defend, and hold harmless Shield Finance, its affiliates, and their respective officers, directors, employees, and agents from any claims, damages, losses, or expenses arising from:

  • Your use of the Services

  • Your violation of these Terms

  • Your violation of any third-party rights

  • Your negligence or willful misconduct


13. Dispute Resolution

13.1 Informal Resolution

Before filing any formal dispute, you agree to contact us at [email protected] to attempt informal resolution for 30 days.

13.2 Arbitration

Any dispute not resolved informally shall be resolved by binding arbitration under the rules of the Singapore International Arbitration Centre (SIAC).

13.3 Class Action Waiver

YOU WAIVE ANY RIGHT TO PARTICIPATE IN A CLASS ACTION LAWSUIT OR CLASS-WIDE ARBITRATION.


14. Termination

14.1 By You

You may stop using the Services at any time. Your smart contract positions remain on-chain and accessible via other interfaces.

14.2 By Us

We may suspend or terminate access to the Services at any time, with or without cause, with or without notice, including for:

  • Violation of these Terms

  • Legal or regulatory requirements

  • Security concerns


15. Modifications

We may modify these Terms at any time. Material changes will be announced via:

  • Banner notification on the Site

  • Protocol governance channels

Continued use after changes constitutes acceptance of modified Terms.


16. Governing Law

These Terms are governed by the laws of Singapore, without regard to conflict of law principles.


17. Severability

If any provision is found unenforceable, the remaining provisions continue in full force and effect.


18. Entire Agreement

These Terms, together with our Privacy Policy and Cookie Policy, constitute the entire agreement between you and Shield Finance.


19. Contact

For legal inquiries:

Email: [email protected] Address: Shield Finance Foundation

For support: [email protected]


These Terms of Service are provided for informational purposes and do not constitute legal advice. Smart contract interactions carry inherent risks. By using the Services, you accept full responsibility for your actions.

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