Terms of Use

By utilizing the Koraxon platform, you explicitly agree to the following terms and conditions. These terms are established to ensure transparency, user protection, and responsible engagement within the Koraxon ecosystem.

1. No Investment Advice: Koraxon does not provide financial, legal, or tax advice. All features — including token sales, startup investments, staking, and trading — are provided for informational and functional purposes only. Users are solely responsible for their financial decisions and should consult qualified professionals before investing.
2. Risk Disclosure: Blockchain investments are inherently high-risk. Crowdfunding, startup equity participation, DeFi lending, and cryptocurrency trading can result in partial or total loss of capital. Users must acknowledge these risks before engaging with the platform.
3. Jurisdictional Restrictions: Koraxon may limit or restrict services to users in certain regions based on regulatory requirements. It is your responsibility to comply with the laws and regulations of your local jurisdiction. Accessing Koraxon where prohibited may result in loss of access or services.
4. Custodial Asset Management: Koraxon operates as a custodial platform, meaning users may entrust digital assets to the platform for services such as:
   • Token staking 
   • Portfolio management (CTFs) 
   • Lending and borrowing 
   • Trading and payment card functions 
   • Koraxon commits to secure, transparent, and responsible custodianship of user assets, following industry best practices for smart contract security, asset segregation, and operational transparency.
5. DAO Governance: As a sub-DAO of Primavera DAO, Koraxon enables community-driven governance through the KRXN token. Token holders can participate in decisions regarding platform upgrades, token listings, treasury allocation, and protocol policies via on-chain voting.
6. Smart Contracts and Blockchain Operations: Koraxon’s core systems operate on audited smart contracts deployed on the Base L2 network. While these contracts are designed for safety and efficiency, users must understand that all blockchain transactions are final and irreversible.
7. Transparency and Data Use: All governance actions, token allocations, and treasury movements are publicly verifiable on the blockchain. Additional documents — such as startup whitepapers, voting results, and basket performance — may be hosted on decentralized file systems like IPFS and Arweave to ensure transparency and data permanence.
8. Terms Revisions: Koraxon may update these Terms of Use to reflect changes in regulation, feature sets, or platform policies. Users will be notified of significant updates and are responsible for reviewing the latest terms.
9. Code of Conduct: Users participating in Koraxon’s ecosystem (including chat groups, forums, and DAO proposals) must uphold respectful and constructive behavior. Spam, fraud, harassment, or attempts to manipulate governance or the community will not be tolerated and may lead to suspension or restriction.