1. Acceptance of these terms
These Terms of Service (the “Terms”) govern your access to and use of the websites, applications, smart contracts, and services operated by Naugur (collectively, the “Service”). By accessing the Service, creating an account, or placing a trade, you agree to be bound by these Terms. If you do not agree, you must not use the Service.
2. Eligibility
You must be at least 18 years old (or the age of majority in your jurisdiction, whichever is greater) and legally permitted to trade event-based contracts where you reside. The Service is not offered to residents of, or persons present in, any jurisdiction where access to or use of prediction markets would be unlawful. You are solely responsible for ensuring that your use complies with all laws of the jurisdiction from which you access the Service.
3. Accounts and wallets
When you sign in we provision a non-custodial wallet on Polygon for you. You are responsible for safeguarding access to your sign-in method and for all activity that occurs through your account. Notify us immediately of any suspected unauthorised access.
4. Trading and settlement
Markets on the Service are funded in USDC and settled by the on-chain contracts and the resolution sources described on each market page. All trades are final once confirmed on chain. Prices on Naugur reflect probability estimates derived from market activity and external event data — they are not guarantees of any outcome and do not constitute investment, financial, legal, or tax advice.
5. Fees
Naugur may charge protocol fees on trades and resolutions as disclosed in the user interface. Fees and parameters may change; the version in effect at the time of your trade applies to that trade.
6. Prohibited conduct
You agree not to:
- use the Service from a restricted jurisdiction or on behalf of any sanctioned person or entity;
- manipulate markets, collude with other users, exploit oracle latency, or otherwise interfere with the integrity of the Service;
- trade on the basis of non-public information that you have a duty not to disclose;
- attempt to reverse-engineer, attack, or disrupt the Service or its infrastructure.
7. No advice; assumption of risk
The Service is provided for informational and trading purposes only. Trading event-based contracts involves substantial risk, including the risk of losing your entire stake. You should read the Risk Disclosure carefully before trading and should not trade with funds you cannot afford to lose.
8. Intellectual property
The Service, including its design, code, and content (excluding user-submitted content), is owned by Naugur and protected by applicable intellectual-property laws. We grant you a personal, non-exclusive, non-transferable, revocable licence to use the Service for its intended purpose.
9. Disclaimers
The Service is provided “as is” and “as available”, without warranties of any kind, whether express or implied, including without limitation warranties of merchantability, fitness for a particular purpose, non-infringement, accuracy of oracle data, or uninterrupted availability.
10. Limitation of liability
To the maximum extent permitted by law, Naugur and its affiliates, officers, employees, agents, and licensors shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits, revenues, data, or goodwill, arising out of or related to your use of the Service. Our aggregate liability for all claims relating to the Service shall not exceed the greater of the fees you paid to Naugur in the 90 days preceding the claim, or USD 100.
11. Termination
We may suspend or terminate your access to the Service at any time, with or without notice, if we believe you have violated these Terms or if required by applicable law. Sections that by their nature should survive termination (including disclaimers, limitation of liability, and dispute resolution) will continue to apply.
12. Changes to these Terms
We may update these Terms from time to time. Material changes will be communicated through the Service or by email. Your continued use of the Service after changes take effect constitutes acceptance of the updated Terms.
13. Contact
Questions about these Terms can be sent to [email protected].