Terms of Use

These Terms of Use (the “Terms”) govern your access to and use of the website at drakewell.fi and any related interfaces (together, the “Site”). The Site is operated by Farthings Inc., a company incorporated under the laws of the Republic of Panama with its registered office at Via Ricardo J. Alfaro, PH The Century Tower, Office 317, Betania, Panama (“Farthings Inc.”, “we”, “us”). By accessing or using the Site you agree to be bound by these Terms. If you do not agree, do not use the Site.

1. What the Site is

The Site is an informational, non-custodial interface. It displays data about yield vaults deployed on third-party protocols and venues (currently Accountable, Venzo, Euler, and Morpho, together the “Venues”), read directly from public blockchains. Where the Site offers deposit or withdrawal controls, those controls only prepare transactions for smart contracts operated by the Venues; every transaction is reviewed, signed, and broadcast by you from your own wallet. Farthings Inc. does not hold, custody, transmit, or control your assets at any time, does not operate the vault smart contracts, and cannot reverse, accelerate, or modify any transaction.

2. Eligibility

• You must be of legal age and have full legal capacity in your jurisdiction.
• You must not be located in, organized in, or a resident of any jurisdiction where use of the Site or the underlying vaults is prohibited, and you must not be a person subject to sanctions administered by the United Nations, the European Union, the United States (including OFAC lists), or any similar authority.
• The Venues apply their own eligibility, onboarding, and geographic restrictions, which may be stricter than these Terms. Access to a vault through this Site does not imply eligibility under a Venue’s rules.
• It is your responsibility to comply with the laws that apply to you.

People from the following jurisdictions cannot directly access our services and cannot directly mint or burn our tokens:

• Americas: United States, Cuba, Nicaragua, Venezuela
• Europe / ex-USSR: Russia, Belarus, Crimea, Ukraine’s Donetsk and Luhansk regions, Abkhazia, South Ossetia, Northern Cyprus
• Middle East / Asia: Iran, Syria, Lebanon, Yemen, Afghanistan, North Korea, Myanmar
• Africa: Angola, Burundi, Central African Republic, Congo, Ethiopia, Guinea-Bissau, Ivory Coast, Liberia, Libya, Mali, Somalia, Somaliland, South Sudan, Sudan, Zimbabwe

3. Venue terms govern the vaults

The vaults shown on the Site are products of the Venues, not of Farthings Inc. Your participation in any vault is governed by the agreements and terms of the relevant Venue in addition to these Terms, and in the event of a conflict concerning a vault, the Venue’s agreements control. In particular:

• Vaults hosted on Accountable operate on the platform of Accountable Limited, a British Virgin Islands business company. Use of that platform is governed by Accountable’s own agreements accepted there, including its Master Service Agreement and, for each lending vault, loan documentation between the borrower and the participating lenders concluded via the Accountable platform (such as a master loan or service agreement identifying the borrower, the interest terms, and default mechanics). Those agreements are governed by the laws of the British Virgin Islands with the courts of Tortola having exclusive jurisdiction, and Accountable acts as a technology services provider, not as a broker, dealer, adviser, or fiduciary. Review those documents on the Accountable platform before depositing.
• Vaults hosted on Venzo, Euler, or Morpho are likewise subject to the terms, disclosures, and risk documentation published by those venues and protocols.

Depositing into a vault may constitute entering a lending or similar commercial relationship with a borrower or counterparty identified in the Venue’s documentation. Farthings Inc. is not a party to that relationship.

4. No advice, no offer

Nothing on the Site is investment, legal, accounting, or tax advice, a recommendation, an offer to sell, or a solicitation of an offer to buy any security or other financial instrument in any jurisdiction. Yield figures shown are historical results or current contractual rates read from public sources; they are not forecasts and are not guaranteed. Consult your own advisers before acting.

5. Risks

You acknowledge and accept, without limitation, the following risks:

• Loss of funds. Digital assets are volatile and vault deposits can lose value, including a total loss of the amount deposited.
• Credit risk. Credit vaults lend to borrowers. A borrower default, delinquency, or restructuring can reduce or eliminate returns and principal.
• Smart contract and protocol risk. Vault contracts, oracles, and the underlying blockchains can contain defects, be exploited, or behave unexpectedly.
• Liquidity and settlement risk. Withdrawals from the vaults are not instant; they queue for epoch or batch settlement on the Venue’s schedule and may be delayed, suspended, or processed at a different share price than displayed.
• Data risk. Figures on the Site are read from public blockchains and third-party reporting and may be delayed, estimated, or wrong.
• Rate risk. Rates displayed as “spot” can change at any time; “fixed” rates are contractual terms of the relevant Venue documentation and subject to its conditions.

6. Fees

Farthings Inc. does not currently charge fees through the Site. The Venues and the underlying protocols may charge management, performance, or other fees, and blockchain transactions incur network fees. Any Venue fees are described in the Venue’s own documentation.

7. Acceptable use

You agree not to misuse the Site, including by attempting to interfere with its operation, probing or attacking its infrastructure, scraping at disruptive volume, misrepresenting your identity or jurisdiction, circumventing geographic or eligibility restrictions (including through VPNs where restrictions apply), or using the Site in connection with any unlawful activity, including money laundering or sanctions evasion.

8. Intellectual property

The Site, including its design, text, and branding, belongs to Farthings Inc. or its licensors. Venue names and marks belong to their respective owners and appear for identification only. You may not copy or reuse the Site’s content beyond what the law permits without written consent.

9. Disclaimers

The Site is provided “as is” and “as available”, without warranties of any kind, express or implied, including merchantability, fitness for a particular purpose, accuracy, and non-infringement. Farthings Inc. does not warrant that the Site will be uninterrupted, error-free, or secure, or that displayed data is complete or current.

10. Limitation of liability

To the maximum extent permitted by law, Farthings Inc. and its directors, officers, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or for any loss of profits, assets, data, or goodwill, arising out of or related to your use of the Site or the vaults, even if advised of the possibility. To the extent liability cannot be excluded, the aggregate liability of Farthings Inc. for all claims relating to the Site shall not exceed one hundred United States dollars (USD 100). Nothing in these Terms excludes liability that cannot be excluded under applicable law.

11. Indemnification

You will indemnify and hold harmless Farthings Inc. and its directors, officers, employees, and agents from any claims, damages, and expenses (including reasonable legal fees) arising from your use of the Site, your breach of these Terms, or your violation of any law or third-party right.

12. Changes, suspension, termination

We may modify these Terms, and may change, suspend, or discontinue any part of the Site, at any time. The date above reflects the latest revision; continued use after a revision constitutes acceptance. Suspension of the Site does not affect your positions in the vaults themselves, which remain accessible through the Venues and the blockchains directly.

13. Governing law and disputes

These Terms are governed by the laws of the Republic of Panama. The courts of Panama have exclusive jurisdiction over any dispute arising out of or in connection with these Terms or the Site, and you waive any objection to that venue. This clause does not affect the governing law and forum provisions of any Venue agreement, including the British Virgin Islands law and Tortola forum applying to Accountable’s agreements.

14. Contact

Farthings Inc., Via Ricardo J. Alfaro, PH The Century Tower, Office 317, Betania, Panama.