Intent-Based Execution
Terms of Use
Last Updated: September 10, 2024
These Terms of Use ("Terms") represent a legally binding agreement between Composable Finance Ltd., its affiliates, and related entities ("Composable," "we," "us," or the "Company") and you, as an end user ("you" or "User") of Mantis and its various functions and features as described below and available at mantis.app (the “Services”). These Terms encompass guidelines, announcements, additional terms, policies, and disclaimers provided or issued by us from time to time.
By entering the Mantis App and participating in the Season 2 campaign, participants acknowledge that they have read, understood, and agreed to be bound by these Campaign terms and conditions ("Terms of Use") available at https://www.mantis.app/terms-of-use.
Mantis is designed to facilitate cryptocurrency management in innovative ways, which includes but is not limited to:
Join the Waitlist: Before Mantis Season 2, Mantis launched a waitlist phase. During this phase, users signed a message with their wallet to prove the amount of funds they have. This process, called 'proof-of-assets,' verified participants by requesting them to sign from their web3 wallets. All assets will count toward a user's balance without any whitelisting. This phase did not initiate any transactions that could have withdrawn user assets.
Mantis Season 2 - This phase offers users the opportunity to “Pre-fund” their account. This means depositing assets into the Mantis bridge contract before the official launch of the Mantis Rollup. By doing so, your assets start earning native yield right away, and you position yourself to receive Mantis Credits.
Approve Transactions with Solana or Ethereum Wallet: When you approve transactions through your Solana or Ethereum wallet, which is the primary wallet supported by Mantis at this stage.
The Mantis launch campaign may consist of multiple phases, each with its own set of parameters that may change over time. Participation in one phase of the Program does not guarantee eligibility for future phases, nor does it ensure that subsequent phases will be conducted under the same terms of use. In the event that one of the following phases will not be conducted under the same terms of use, these terms of use will be amended or reference will be made to the terms of use that are applicable.
By connecting your blockchain wallet, accessing, using, or interacting with Mantis (the "Site"), or attempting to use the Services provided, you acknowledge that you have read, understood, and agree to be bound by these Terms. You must comply with all requirements outlined herein. If you do not agree to these Terms or cannot comply with the requirements, please refrain from accessing or using Mantis and its Services.
When you participate in the Season 2 Campaign, you may earn certain reputation indicators, Credits, or other intangible rewards ("Rewards"). These Rewards are virtual items without any monetary value. They do not represent currency or property of any kind and cannot be redeemed, refunded, or exchanged for fiat or virtual currency or anything of value. Rewards are non-transferable between participants, and you are prohibited from selling, trading, or transferring them in any way or using them to obtain credit. Any attempt to do so will be considered invalid and will be deemed void.
These Terms govern your use of Mantis for accessing smart contracts, decentralized applications (dApps), APIs, and all other related software developed for managing, staking, and trading Digital Assets, including cryptocurrencies, tokens, and other blockchain-based assets. These Terms specifically cover your rights and obligations, as well as our disclaimers and limitations of legal liability, in relation to your use of and access to Mantis and its Services.
1. Changes to these Terms or the Site
We reserve the right to modify or update Mantis, the Site, and these Terms at any time, at our sole discretion. By continuing to use Mantis after any such changes, you accept and agree to be bound by the revised Terms. If you don’t agree to be bound by the changes, you may not use the Site anymore. Because our Site is evolving over time we may change or discontinue all or any part of the Site, at any time and without notice, at our sole discretion.
2. Who May Use the Site?
(a) General. Mantis is designed for users who have reached the legal age of majority, which is generally 18 years or older. Minors (those under the age of 18) must have permission and direct supervision from a parent or guardian to use Mantis. If you are a minor, your parent or guardian must read and agree to these Terms before you use Mantis.
(b) Your Information. The Site may allow you to provide us with certain information about yourself (including your nickname, email address, and digital wallet address) (“Your
Information”). The Site may allow you to connect your Solana or Ethereum compatible digital wallet, and we may request that you confirm your ownership of your wallet through the functionality of the Site. Your Information (including your nickname and digital wallet address) may be shown on the Site. Please see our Privacy Policy for more information regarding our use of Your Information.
(c) Accuracy of Your Information. You agree that you won’t misrepresent your identity, use any other person’s image, likeness, or identity, or otherwise provide any deceptive or misleading information through the Site. It’s important that you provide us with accurate, complete, and current information and keep this information up to date. If you don’t, we might have to suspend or terminate you from the Site. Your Information that you provide to us on the Site is governed by the terms of our Privacy Policy.
3. Intellectual Property Rights
The Mantis platform, including all of its functionalities, features, source code, databases, smart contracts, user interface designs, audio, video, text, photographs, graphics, and any other content (collectively, the “Content”), as well as all trademarks, service marks, and logos contained therein (the “Marks”), are the proprietary properties of Composable Finance Ltd. or are licensed to us. These properties are protected under the applicable copyright and trademark laws, along with other intellectual property rights and unfair competition laws of the applicable jurisdictions, international copyright laws, and international conventions.
The Content and Marks provided on Mantis are available “AS IS” for your information and personal use only. Except as explicitly authorized under these Terms, no part of Mantis and no Content or Marks may be copied, reproduced, aggregated, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, distributed, sold, licensed, or otherwise exploited for any commercial purpose whatsoever, without the express prior written permission from Composable Finance Ltd.
This provision ensures the protection of the unique elements of Mantis, including its innovative approach to cryptocurrency transactions, staking mechanisms, team functionalities, and type-in command features. By using Mantis, you agree to respect these intellectual property rights and refrain from any unauthorized use of the platform's Content and Marks.
4. Unacceptable Use or Conduct
When accessing or using Mantis and its Services, the following actions and behaviors are strictly prohibited:
(a) Violate any applicable law, including, without limitation, any relevant and applicable anti-money laundering and anti-terrorist financing laws, such as the Bank Secrecy Act, each as may be amended;
(b) Infringe on or misappropriate any contract, intellectual property or other third-party right, or commit a tort while using the Site or the Services;
(c) Use the Site or Services in any manner that could interfere with, disrupt, negatively affect, or inhibit other users from fully enjoying the Site or Services, or that could damage, disable, overburden, or impair the functioning of the Site or Services in any manner;
(d) Attempt to circumvent any content filtering techniques or security measures that are employed on the Site, or attempt to access any service or area of the Site or the Services that you are not authorized to access;
(e) Use the Services to pay for, support, or otherwise engage in any illegal gambling activities, fraud, money-laundering, or terrorist activities, or other illegal activities;
(f) Use any robot, spider, crawler, scraper, or other automated means or interface not provided by us, to access the Services or to extract data;
(g) Introduce any malware, virus, Trojan horse, worm, logic bomb, drop-dead device, backdoor, shutdown mechanism or other harmful material into the Site or the Services;
(h) Provide false, inaccurate, or misleading information;
(i) Post content or communications on the Site that are, in our sole discretion, libelous, defamatory, profane, obscene, pornographic, sexually explicit, indecent, lewd, vulgar, suggestive, harassing, hateful, threatening, offensive, discriminatory, bigoted, abusive, inflammatory, fraudulent, deceptive or otherwise objectionable;
(j) Post content on the Site containing unsolicited promotions, political campaigning, or commercial messages or any chain messages or user content designed to deceive or trick the user of the Services; or
(k) Use the Site or the Services from a jurisdiction that we have, in our sole discretion, or a relevant governmental authority has determined is a jurisdiction where the use of the Site or the Services is prohibited.
5. Links to Third Party Websites or Resources
The Site may allow you to access third-party websites or other resources. We provide access only as a convenience and are not responsible for the content, products or services on or available from those resources or links displayed on such websites. You acknowledge sole responsibility for and assume all risk arising from your use of any third-party resources.
6. Termination
We may suspend or terminate your access to and use of the Site at our sole
discretion, at any time and without notice to you. You may stop using the Site at any time. Upon
any termination or discontinuation of the Site, the following Sections will survive: 5, 6, this
sentence of Section 8, 8, 9, 10, 11, 12 and 12.
7. Not an Offering
The information presented on Mantis, including details about its features, functionalities, and any digital assets, is not intended to, and does not, constitute an offer to sell or a solicitation of an offer to purchase securities, assets (including Digital Assets), or any financial instruments from Composable Finance Ltd. or related to the Mantis platform.
Offering Regulations:
Any formal offer related to securities, assets, or financial instruments can only be made through an appropriately registered or licensed offering, or in compliance with applicable exemption regulations.
Users and potential participants should not base any investment, participation, or utilization decisions on the information available on Mantis without independent verification.
Mantis and Composable Finance Ltd. are not engaged in providing investment or financial advice through the platform.
Currentness of Information:
The information provided on Mantis is accurate as of the date it is posted but is subject to change over time without prior notice.
Composable Finance Ltd. is not obligated to update the information, and users should consider the possibility of changes or updates when accessing the platform.
Purpose of Information:
The primary aim of the information on Mantis is to educate and inform users about the platform’s features and capabilities in the realm of cryptocurrency management and related activities.
It is not intended as a guide for securities trading, investment in digital assets, or financial decision-making.
8. Not Professional Advice
The information provided through Mantis and its associated Services is solely for informational purposes and should not be interpreted as professional advice of any kind. Decisions based on, or actions taken in response to, any information found on Mantis or through its Services should be made with caution and are at your own discretion.
Seeking Independent Advice:
Prior to making any financial, legal, or other significant decisions related to Mantis or its Services, you are strongly encouraged to consult with an independent professional who is licensed and qualified in the specific area and jurisdiction relevant to your decision.
This professional guidance should be sought to ensure informed decisions in areas such as cryptocurrency investment, legal implications of crypto transactions, and understanding the risks associated with digital asset management.
No Professional Relationship:
Composable does not establish any form of professional relationship with you through your use of Mantis. We are not your broker, lawyer, intermediary, agent, or advisor, and we do not have a fiduciary relationship or obligation to you in connection with any decisions or activities you undertake using Mantis.
Communications from Composable Finance Ltd. and any information provided through Mantis should not be perceived as personalized advice. It is not intended to be, and should not be construed as, financial, legal, or any other type of specialized advice.
9. Warranty Disclaimers
THE SITE IS PROVIDED “AS IS,” WITHOUT WARRANTY OF ANY KIND. WITHOUT LIMITING THE FOREGOING, WE EXPLICITLY DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, QUIET ENJOYMENT AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING OUT OF COURSE OF DEALING OR USAGE OF TRADE. WE FURTHER MAKE NO WARRANTY THAT THE SITE WILL MEET YOUR REQUIREMENTS OR BE AVAILABLE ON AN UNINTERRUPTED OR ERROR-FREE BASIS. WE ALSO MAKE NO WARRANTY REGARDING THE QUALITY, ACCURACY, TIMELINESS, TRUTHFULNESS, COMPLETENESS OR RELIABILITY OF ANY INFORMATION OR CONTENT ON THE SITE.
10. Indemnification and Full Release
Indemnification: By using Mantis, you agree to defend, indemnify, and hold Composable Finance Ltd. harmless against any losses, damages, liabilities, claims, demands, costs, and expenses (including reasonable attorneys’ fees) arising from: a. Your use of Mantis and any use by third parties accessing Mantis with your assistance or using your devices or accounts. b. Any breach or alleged breach of these Terms by you. c. Breaches of your representations and warranties as stated in these Terms. d. Contributions you make to Mantis's services. e. Misuse of Mantis's services, including any smart contracts or scripts. f. Violation of any third-party rights, including intellectual property, publicity, confidentiality, property, or privacy rights. g. Any harmful acts toward other users of Mantis. h. Violation of any laws, rules, regulations, or orders of governmental authorities.
Composable Finance Ltd. reserves the right to assume the exclusive defense and control of any matter subject to indemnification by you, at your expense. You agree to cooperate with our defense of such claims and not to settle any claim without our prior written consent.
Full Release: You expressly assume all risks associated with your access to and use of Mantis, its services, and any interaction with the platform. You waive and release Composable Finance Ltd. from any liability, claims, causes of action, or damages arising from or relating to your use of Mantis.
In relation to the risks set forth in the "Assumption of Risks" section, Composable Finance Ltd. will not be held responsible or liable. You irrevocably waive, release, and discharge all claims against Composable Finance Ltd., including its shareholders, members, directors, officers, employees, agents, representatives, affiliates, and contractors, related to any risks mentioned in the "Assumption of Risks" section.
11. Limitation of Liability
(a) TO THE MAXIMUM EXTENT PERMITTED BY LAW, NEITHER Mantis NOR OUR SERVICE PROVIDERS INVOLVED IN CREATING, PRODUCING, OR DELIVERING THE SITE WILL BE LIABLE FOR ANY INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOST PROFITS, LOST REVENUES, LOST SAVINGS, LOST BUSINESS OPPORTUNITY, LOSS OF DATA OR GOODWILL, SERVICE INTERRUPTION, COMPUTER DAMAGE OR SYSTEM FAILURE OR THE COST OF SUBSTITUTE SERVICES OF ANY KIND ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SITE, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT Mantis OR ITS SERVICE PROVIDERS HAVE BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE, EVEN IF A LIMITED REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE.
(b) TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT WILL Mantis’S TOTAL LIABILITY ARISING OUT OF OR IN CONNECTION WITH
THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SITE EXCEED
ONE HUNDRED DOLLARS ($100).
11. Forward to Looking Statements
Information provided by Mantis may include “forward-looking statements,” identifiable by terms such as “plan,” “anticipate,” “believe,” “estimate,” “expect,” “will,” “can,” and other similar expressions that indicate projections about future events or conditions. These forward-looking statements encompass our expectations and objectives concerning future operating results, business strategies, and the development trajectory of Mantis.
Risks and Uncertainties: Forward-looking statements involve both known and unknown risks, uncertainties, and assumptions that could cause actual results, performance, or achievements of Mantis, Composable Finance Ltd., and its affiliated entities or related projects to differ materially from those anticipated. Such factors include, but are not limited to:
General business, economic, competitive, political, and social uncertainties.
Dependence on user interest and engagement with Mantis's features.
Regulatory or legal changes impacting decentralized finance (DeFi) and blockchain technology.
Market adoption and integration of blockchain and cryptocurrency innovations.
Basis of Statements: These statements are grounded on a number of material factors and assumptions, including projected economic conditions, comparative costs of Mantis's offerings, and potential regulatory shifts affecting the DeFi sector. While these factors and assumptions are considered reasonable based on current information, they may ultimately prove inaccurate.
Inherent Uncertainties: Forward-looking statements are inherently speculative, reflecting expectations about future conditions that are subject to change and numerous external variables beyond our control. As such, actual outcomes and results may vary significantly from those expressed or implied in these statements. The dynamic and evolving nature of the cryptocurrency industry introduces additional layers of unpredictability.
Non-Reliance: Given these uncertainties and the potential for rapid change, users should exercise caution in relying on forward-looking statements. These statements are not guarantees of future performance and should not be unduly relied upon in making decisions related to Mantis or the broader cryptocurrency landscape.
12. Governing Law and Forum Choice
These Terms and any separate agreements whereby we provide you Services shall be governed by and construed in accordance with the laws of Switzerland. Any dispute between the Parties that is not subject to arbitration will be resolved in Switzerland.
The Services are not available to "Restricted Persons." Restricted Persons shall include: (a) citizens, residents, or entities organized or incorporated in Cuba, North Korea, Syria, the Crimea, Donetsk, and Luhansk regions of Ukraine, and the United States; or (b) individuals or entities subject to sanctions enforced by any country or government, or listed on any prohibited or restricted parties list, including but not limited to lists maintained by the United Nations Security Council, the U.S. Government (such as the Department of Treasury’s Specially Designated Nationals List and the Foreign Sanctions Evaders List), the European Union or its Member States, or any other relevant governmental authority.
By accessing or using the Services, you represent and warrant that you are not a Restricted Person and that you comply with all applicable legal requirements.
13. Agreement to Arbitrate
We each are waiving the right to a trial by jury and to have any Dispute/s resolved in court. You and we agree that any Dispute that cannot be resolved through the procedures set forth above will be resolved through binding arbitration in accordance with the International Arbitration Rules of the International Centre for Dispute Resolution. The place of arbitration shall be in Switzerland. The language of the arbitration shall be English. The arbitrator(s) shall have experience adjudicating matters involving internet technology, software applications, financial transactions and, ideally, blockchain technology. The prevailing party will be entitled to an award of their reasonable attorney’s fees and costs. Except as may be required by law, neither a party nor its representatives may disclose the existence, content, or results of any arbitration hereunder without the prior written consent of both parties. Opting Out You have the right to opt out of binding arbitration within fifteen (15) days after the expiry of the 90-day period for good faith negotiations and the parties are unable to resolve the Dispute by mailing an opt-out notice to Composable at Dammstrasse 16, 6300 Zug, Switzerland. In order to be effective, the opt-out notice must include your full name and address and clearly indicate your intent to opt out of binding arbitration. By opting out of binding arbitration, you are agreeing to resolve the Dispute in accordance with the provisions on governing law and venue provided in these Terms.
14. General Terms
(a) Reservation of Rights. Mantis and its licensors exclusively own all right, title and interest in and to the Site, including all associated intellectual property rights. You acknowledge that the Site is protected by copyright, trademark, and other laws of Switzerland and foreign countries. You agree not to remove, alter or obscure any copyright, trademark, service mark or other proprietary rights notices incorporated in or accompanying the Site.
(b) Entire Agreement. These Terms constitute the entire and exclusive understanding and agreement between Mantis and you regarding the Site, and these Terms supersede and replace all prior oral or written understandings or agreements between Mantis and you regarding the Site. If any provision of these Terms is held invalid or unenforceable by an arbitrator or a court of competent jurisdiction, that provision will be enforced to the maximum extent permissible and the other provisions of these Terms will remain in full force and effect. Except where provided by applicable law in your jurisdiction, you may not assign or transfer these Terms, by operation of law or otherwise, without our prior written consent. Any attempt by you to assign or transfer these Terms absent our consent or your statutory right, without such consent, will be null. Mantis may freely assign or transfer these Terms without restriction. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns.
(c) Notices. Any notices or other communications provided by Mantis under these Terms will be given: (i) via email; or (ii) by posting to the Site. For notices made by email, the date of receipt will be deemed the date on which such notice is transmitted.
(d) Waiver of Rights. Any failure to enforce any right or provision of these Terms will not be considered a waiver of such right or provision. The waiver of any such right or provision will be effective only if in writing and signed by one of our duly authorized representatives. Except as expressly set forth in these Terms, the exercise by either party of any of its remedies under these Terms will be without prejudice to its other remedies under these Terms or otherwise.
15. Season 2 Participation and Asset Deposits
Eligible participants are invited to pre-deposit one or more qualifying assets through the Mantis app. The list of qualifying assets is available on the interface and within the FAQs. By depositing assets and engaging with the Mantis Rollup and app—such as by providing feedback or participating in the Mantis ecosystem—you can earn Mantis Credits. Credits are earned daily in proportion to your contributions. However, credits can also be deducted; if you withdraw qualifying assets during the program's duration, you will lose the credits earned. You can track your earned Credits on the dashboard provided on the interface.
The formula for earning Credits is dynamic and based on various factors and criteria determined solely by the Composable team. These criteria may be revised throughout Season 2. For example, Composable may apply a multiplier depending on when and which assets you deposit. However, Composable is under no obligation to provide any Credits or apply any multiplier, even if participants have accrued Credits. Composable reserves the right to withhold or revoke accrued Credits for violations of these terms or any reason at our discretion, without consequence.
Credits are intended solely for tracking activities and loyalty. They are not cryptocurrency, property, or tradeable tokens. We make no representation or guarantee that Credits confer any right to receive assets or tokens in the future or any claim against the company. Composable does not guarantee, represent, or warrant the value, availability, fungibility, exchangeability, redeemability, or utility of Credits. Furthermore, there is no assurance that Credits will ever convert into tokens or any other form of compensation. Any attempt to sell, trade, or transfer Credits or tokens representing credits is strictly prohibited and will result in the voiding of accrued Credits.
Composable actively monitors participant activity to ensure the integrity and fairness of the Credits system. If Composable detects any malicious or spammy activity—such as automated bot use, coordinated efforts to artificially inflate engagement metrics, or Sybil attacks—Composable reserves the right to suspend or terminate access to the program and void any accrued Credits. Composable’s priority is to maintain the program's integrity, ensuring Credits are fairly distributed based on genuine contributions to Composable.
16. Contact Information
If you have any questions about these Terms or the Site, please reach out to us on Discord.
