IMPORTANT WARNING: Please read this Disclaimer carefully before interacting with KIVOT or relying on the information provided on this website.
This Disclaimer aims to inform users about the nature of KIVOT, the associated risks, and the limitations of the information provided on this website.
1. Nature of KIVOT: Experimental, Autonomous, and Decentralized Protocol
KIVOT is an experimental crypto asset and decentralized financial protocol. It is designed to function entirely autonomously, based on rules encoded in its smart contract.
No Central Control: KIVOT has no central team, organization, foundation, DAO (decentralized autonomous organization), or individual to manage, maintain, develop, or control it after its deployment. Smart contract ownership has been renounced, making it immutable and immune to centralized control or malicious changes.
Majority-Locked Liquidity: The genesis liquidity position for KIVOT’s primary Eternal Pool (KIVOT/USDC) — 99.99%+ of the pool’s initial LP shares — was permanently burned. This means that this specific position is locked forever and cannot be withdrawn by anyone, including the creator of KIVOT, verifiable via the burn transaction on Polygonscan. The fee share that accrues to this burned position is likewise permanently inaccessible to anyone. The underlying pool contract does not disable liquidity provision generally — any participant may deposit and later withdraw only their own proportional contribution, as in any standard AMM.
2. Not Investment Advice
The information presented on this website, in KIVOT’s whitepaper, in other documents, or in any communications, is for informational purposes only and does not constitute, nor should it be construed as:
Investment, financial, legal, tax, or other professional advice.
An offer to sell or a solicitation of an offer to buy KIVOT or any securities.
A recommendation to buy, sell, or hold KIVOT.
You should always consult with a qualified professional before making any investment decisions.
3. High Risk of Loss
Interacting with KIVOT and trading crypto assets carries a significant risk of total loss of invested capital.
Price Volatility: KIVOT’s price is highly volatile and can fluctuate drastically both upwards and downwards, influenced by market factors, demand, trading volume, and other external circumstances. While KIVOT has a mechanism for organic reserve growth (Reserve Coverage Ratio), there is no guarantee that market price will track this metric, and no guarantee of future value appreciation.
Market Risks: The crypto market is unpredictable and can undergo rapid and significant changes. Investors should be prepared for the possibility of losing their entire investment.
4. No Guarantees
No Guarantees of Value or Returns: There are no guarantees of future value, growth, profits, or return on investment. Past performance is not indicative of future results.
No Guarantees of Functionality: Although KIVOT is designed to be autonomous and resilient, there is no guarantee that it will function without interruption or that unforeseen technical issues or smart contract vulnerabilities will not arise, whether or not the code has been formally audited by a third party.
5. Dependence on Third Parties and Technologies
KIVOT operates on the Polygon blockchain network and uses USDC as its base asset. Therefore, KIVOT is dependent on:
The security and stability of the Polygon network: Any vulnerability or outage in Polygon would affect KIVOT.
The reliability of USDC: Although USDC is one of the most reputable stablecoins, it still carries counterparty risk. If USDC loses its peg or encounters issues, it would affect KIVOT’s value.
The functionality of DEXs: KIVOT’s external pools depend on DEX platforms (such as DODO, QuickSwap, Uniswap, SushiSwap).
6. Regulatory Risk
The legal and regulatory status of crypto assets is uncertain and constantly evolving in various jurisdictions worldwide. KIVOT may fall under regulations in certain jurisdictions, which could affect its accessibility, trading, or value. Users are responsible for complying with all applicable laws and regulations. This disclaimer does not constitute legal advice regarding KIVOT’s regulatory status in any jurisdiction.
7. Tax Implications
Interacting with crypto assets may have significant tax implications. Users are solely responsible for determining and paying all applicable taxes arising from their activities with KIVOT. Consultation with a tax professional is recommended.
8. User Responsibility (DYOR – Do Your Own Research)
Every user must conduct their own thorough research (DYOR) and assess their own risk tolerance before interacting with KIVOT. You are solely responsible for your decisions and actions.
9. Limitation of Liability
To the maximum extent permitted by law, KIVOT and its creators, contributors, or affiliated persons will not be liable for any direct, indirect, incidental, special, punitive, or consequential damages arising from or in any way related to the use of this website, the information provided herein, or interaction with the KIVOT protocol.