Terms of Service

These Terms of Service (“Terms”) govern your access to and use of the BASIS platform, including the website at https://launchonbasis.com, all associated smart contracts deployed on BNB Smart Chain, the APIs, SDKs, and any related services (collectively, the “Platform”). The Platform is operated by Veilon AG, a company registered under Swiss law with registered office at Oberdorfstrasse 12, 8853 Lachen SZ, Switzerland (UID: CHE-258.053.888) (“we,” “us,” or “the Company”).

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

You must be at least 18 years old (or the age of majority in your jurisdiction) to use the Platform. By using the Platform, you represent and warrant that:

• You meet the age requirement.
• You are not located in, or a citizen or resident of, any jurisdiction where use of the Platform would be prohibited or restricted by applicable law.
• You are not subject to any sanctions imposed by the United States, European Union, United Kingdom, United Nations, or Switzerland.
• You have the legal capacity to enter into these Terms.

BASIS is a decentralized finance (DeFi) platform providing access to token creation, trading, prediction markets, lending, staking, vesting, and community features on BNB Smart Chain. The Platform interacts with blockchain-based smart contracts that operate autonomously once deployed.

The Platform uses wallet-based authentication (Sign-In with Ethereum / SIWE). You are solely responsible for:

• The security of your wallet, private keys, and seed phrases.
• Any transactions initiated from your connected wallet.
• Maintaining access to your wallet.

We do not have custody of, or access to, your private keys or wallet credentials. If you lose access to your wallet, we cannot recover your assets or account.

The Platform offers API key access for programmatic interaction. API keys are encrypted (AES-256-GCM) and are your responsibility to safeguard. You are liable for all activity conducted through your API keys. Do not share your API keys with unauthorized parties.

The Platform operates a points and airdrop program tied to platform usage. Points are earned through various activities and contribute to potential future token allocations.

• Point calculations and allocation formulas are proprietary and not publicly disclosed.
• Earned points are banked permanently between phases.
• The Company reserves the right to modify, suspend, or terminate the points program at any time.
• Points do not constitute a financial instrument, security, or guarantee of any future value.
• The Company reserves the right to disqualify wallets engaged in gaming, manipulation, or abuse of the points system.

The Platform employs automated systems to detect and prevent manipulation, including but not limited to:

• Wallet-to-wallet transfer flagging.
• Wallet graph analysis for multi-wallet strategies.
• Diminishing returns on repetitive activity.
• Category diversity requirements.

Wallets flagged for manipulation may have points reduced, suspended, or forfeited. An appeals process is available for unintentional violations.

The Reef is a community forum integrated into the Platform. By using The Reef, you agree to:

• Not post content that is illegal, threatening, defamatory, or violates the rights of others.
• Not engage in spam, manipulation of votes, or coordinated inauthentic behavior.
• Abide by content moderation policies, including blocked word lists and domain restrictions.
• Accept that moderators may warn, mute, or ban accounts that violate community standards.

Content posted on The Reef is your responsibility. The Company may remove content at its discretion.

The Platform may sponsor gas fees for certain transactions via MegaFuel integration, up to 0.001 BNB per wallet per day. This sponsorship is provided at the Company's discretion and may be modified or discontinued at any time without notice. When sponsorship limits are reached, transactions will require BNB from your wallet.

The Platform charges fees on certain transactions, including but not limited to:

• Trading fees (buy/sell taxes distributed to token creators, staking vault, and platform).
• Loan origination fees (2%) and daily interest (0.005% per day).
• Leverage fees.
• Prediction market fees.

Fee structures are defined in the smart contracts and may be updated through contract upgrades or new deployments. Current fee details are available in the Platform documentation at https://docs.launchonbasis.com.

All content, code, designs, trademarks, and materials on the Platform are the property of Veilon AG or its licensors, unless otherwise stated. You may not copy, modify, distribute, or create derivative works from Platform materials without prior written consent.

The SDKs and MCP server are provided under their respective open-source licenses where applicable.

You agree not to:

• Use the Platform for any illegal purpose or in violation of applicable laws.
• Attempt to exploit, hack, or disrupt the Platform or its smart contracts.
• Use automated systems to manipulate markets, prices, or outcomes beyond normal SDK/API usage.
• Impersonate other users, teams, or entities.
• Circumvent anti-gaming measures or rate limits.
• Use the Platform to launder money or finance terrorism.
• Provide false information in any registration or verification process.

You agree to indemnify, defend, and hold harmless Veilon AG and its directors, officers, employees, and agents from and against any claims, damages, losses, liabilities, costs, and expenses (including reasonable legal fees) arising from:

• Your use of the Platform.
• Your violation of these Terms.
• Your violation of any applicable law or regulation.
• Any content you post or submit through the Platform.

The Platform may integrate with or link to third-party services, including but not limited to wallet providers, blockchain networks, and IPFS services. We are not responsible for the availability, accuracy, or security of any third-party services. Your use of third-party services is at your own risk and subject to their respective terms.

We reserve the right to:

• Modify, suspend, or discontinue any part of the Platform at any time without prior notice.
• Update these Terms at any time. Updated Terms will be posted on the Platform with a revised “Last Updated” date.
• Your continued use of the Platform after any changes constitutes acceptance of the updated Terms.

We will make reasonable efforts to notify users of material changes through the Platform or other communication channels.

These Terms are governed by and construed in accordance with the laws of Switzerland, without regard to conflict of law principles.

Any dispute arising from or relating to these Terms or the Platform shall be subject to the exclusive jurisdiction of the courts of the Canton of Schwyz, Switzerland.

Before initiating any formal proceedings, both parties agree to attempt to resolve disputes through good-faith negotiation for a period of thirty (30) days.

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

These Terms, together with the Privacy Policy and any additional terms referenced herein, constitute the entire agreement between you and Veilon AG regarding your use of the Platform.

For questions or concerns regarding these Terms, contact: