Terms of Service
Effective Date: August 10, 2025
1. Introduction
These Terms of Service (“Terms”) establish a legally binding agreement between Jamii Finance Ltd. and any individual or legal entity that accesses or uses the services, applications, smart contracts, websites, or any other product made available under the Jamii Finance ecosystem (collectively, the “Platform”).
By accessing or using the Platform, each participant confirms that they have carefully read, understood, and agreed to these Terms in their entirety. The acceptance of these Terms creates a contractual relationship between Jamii Finance Ltd. and the participant, which governs the rights, responsibilities, and obligations of both parties.
The Platform provides decentralized financial services that rely on blockchain technology, automated smart contracts, and integrations with third-party providers. Participants acknowledge that the use of such technologies involves inherent risks, including volatility of digital assets, potential vulnerabilities in smart contracts, and evolving regulatory landscapes. The decision to use the Platform is made voluntarily and at the sole discretion of the participant.
By agreeing to these Terms, each participant represents and warrants that:
they are of legal age and have the full legal capacity to enter into this agreement under the laws of their jurisdiction;
they are not subject to any prohibitions, restrictions, sanctions, or other legal limitations that would prevent them from using decentralized financial services;
they understand and accept the nature of the services provided, including the risks associated with blockchain-based financial operations;
they will use the Platform only in compliance with applicable laws, regulations, and these Terms.
These Terms may be updated periodically to reflect changes in technology, legal requirements, or business operations. Continued use of the Platform after any update constitutes acceptance of the revised Terms. Participants are strongly encouraged to review these Terms on a regular basis.
2. About Us
Jamii Finance Ltd. is an independent fintech company developing a global decentralized finance ecosystem that integrates lending, borrowing, staking, cross-border payments, and card solutions into a single platform. Founded with the objective of advancing financial inclusion and transparency, Jamii Finance combines the efficiency of blockchain technology with the safeguards of traditional financial compliance.
The company operates through web and mobile applications, supported by audited smart contracts, decentralized infrastructure, and integrations with regulated financial partners. The Platform is designed to provide participants with direct access to capital markets, yield opportunities, and payment solutions without reliance on traditional intermediaries.
Jamii Finance maintains legal and compliance operations across multiple jurisdictions, including the European Union, in order to align its services with international financial standards and regulatory frameworks. The company adheres to recognized best practices in compliance, including Anti-Money Laundering (AML) monitoring, Know Your Customer (KYC) verification, and adherence to data protection regulations such as GDPR.
In addition to its technological mission, Jamii Finance is committed to promoting sustainable finance and global accessibility. The company allocates a portion of its resources towards financial literacy initiatives, community-driven governance, and research and development efforts aimed at advancing decentralized financial infrastructure.
Jamii Finance’s governance model combines corporate oversight with decentralized mechanisms, including DAO-based decision-making, in order to balance innovation with accountability. This structure allows participants to contribute to the evolution of the ecosystem, while ensuring that regulatory and operational safeguards remain intact.
The official contact details of Jamii Finance, including registered office, compliance information, and communication channels, are made available on the company’s website and in its official documentation.
3. Services
Jamii Finance provides access to a suite of decentralized financial services operated through blockchain technology and secured by audited smart contracts. The services are designed to give participants global access to capital, yield generation, and payment solutions without dependence on traditional financial intermediaries.
The services include, but are not limited to, the following categories:
(a) Lending and Borrowing. Participants may contribute digital assets into liquidity pools and receive yield in return. Borrowers may take loans against collateralized digital assets, with collateralization ratios, liquidation mechanisms, and interest rates enforced automatically through smart contracts. All lending and borrowing activities are subject to platform risk parameters and may change in response to governance decisions, market volatility, or compliance requirements.
(b) Staking and Liquidity Provision. Participants may stake native or supported assets, provide liquidity to pools, and receive rewards in return. In many cases, participants are issued liquidity provider tokens (“LP tokens”), which represent their staked positions. LP tokens may be transferable, used as collateral, or redeemed back into the underlying assets. Jamii Finance reserves the right to adjust reward rates, staking lockups, and supported assets at its discretion.
(c) Cross-Border Payments. The Platform facilitates cost-effective, near-instant transfers across multiple currencies by utilizing stablecoins, blockchain rails, and integrated partners. These services may include batch payments, on- and off-ramps, and integrations with licensed financial institutions. While Jamii Finance strives to provide continuous availability of these services, actual availability depends on regional laws, network performance, and partner infrastructure.
(d) Virtual and Physical Cards. Participants may request cards linked to their digital asset holdings for the purpose of making purchases online and in-store. Card functionality, limits, fees, and cashback rewards depend on user tier, verification status, and partnership arrangements with card issuers. Jamii Finance is not responsible for merchant acceptance, third-party card processing, or restrictions imposed by payment networks.
(e) Governance and Analytics. Participants may engage in governance through decentralized autonomous organization (DAO) mechanisms, which enable community input on protocol parameters, supported assets, and treasury allocation. In addition, the Platform provides analytics dashboards, performance metrics, and reporting tools for transparency.
Jamii Finance may, at its sole discretion and without liability, add, modify, suspend, or discontinue any services in whole or in part. Such decisions may be taken in response to changes in technology, compliance obligations, partner availability, or governance proposals. No participant is entitled to continued availability of any specific service.
4. Account
Access to certain services within Jamii Finance requires the creation of an account or the connection of a digital wallet. By registering or connecting to the Platform, participants acknowledge and agree to the following provisions:
(a) Registration and Information. Participants may be required to provide accurate, current, and complete information, including but not limited to name, contact details, and supporting documentation. The accuracy of information is essential for compliance and operational purposes. Jamii Finance reserves the right to reject or suspend registration if incomplete, misleading, or fraudulent information is provided.
(b) Verification (KYC/AML). Certain services, including but not limited to high-value transactions, fiat conversions, and issuance of cards, may require Know Your Customer (KYC) and Anti-Money Laundering (AML) checks. Participants may be asked to submit identification documents, proof of address, or other information. Failure to comply with verification requests may result in denial of access, account suspension, or termination. Jamii Finance reserves the right to request updated information periodically or as required by law.
(c) Account Security. Participants are solely responsible for maintaining the confidentiality and security of their login credentials, private keys, and wallets. Any transaction signed with the participant’s private key shall be deemed valid, regardless of whether it was authorized by the participant. Jamii Finance strongly recommends the use of multi-factor authentication, secure storage solutions, and hardware wallets. The company shall not be liable for losses resulting from compromised credentials or unauthorized access.
(d) Wallet Connections. Users may connect self-custodial wallets to access JamFi smart contracts. By doing so, they acknowledge that control over funds remains entirely within their own custody. Jamii Finance does not hold or manage private keys and cannot reverse blockchain transactions.
(e) Account Suspension or Termination. Jamii Finance reserves the right to suspend, restrict, or terminate accounts in its sole discretion, particularly in cases of suspected fraud, non-compliance with KYC/AML requirements, or violations of these Terms. Participants will generally be notified of such actions, but Jamii Finance may act without prior notice if legally or operationally required.
(f) Deletion and Data Retention. Participants may request deletion of their account through official communication channels. However, blockchain records are immutable and cannot be erased. Off-chain data shall be deleted in accordance with applicable law and internal retention policies.
By registering, verifying, or connecting a wallet, participants confirm their understanding that access to the Platform is conditional upon ongoing compliance with these Terms, applicable laws, and regulatory standards.
5. Payments & Fees
All transactions conducted through the Jamii Finance ecosystem may be subject to fees. These fees form part of the economic model of the Platform and are designed to ensure the sustainability of services, incentivize liquidity providers, and maintain protocol security.
(a) Nature of Fees. Participants acknowledge that fees may apply to, but are not limited to:
loan origination and repayment;
staking and unstaking operations;
liquidity provision and withdrawal;
bridging of assets between chains;
issuance and use of virtual or physical cards;
cross-border payments and currency conversion.
Fee amounts are transparently displayed within the user interface prior to confirmation of a transaction. By approving a transaction on the blockchain, the participant expressly agrees to the associated fee.
(b) Determination of Fees. Fees are set by Jamii Finance in accordance with market conditions, governance decisions, and operational requirements. Fees may vary depending on transaction type, asset class, or user tier (e.g., premium status, staking volume, or card level). Jamii Finance reserves the right to adjust fees at its sole discretion, with or without prior notice, provided that the new fee schedule is published on the official website or application interface.
(c) Blockchain Network Fees. In addition to platform fees, blockchain network fees (“gas fees”) apply. These are determined by the underlying blockchain protocol and are not controlled by Jamii Finance. Participants are solely responsible for paying network fees and acknowledge that they may fluctuate significantly depending on network congestion.
(d) Non-Refundability. All fees charged by Jamii Finance are final and non-refundable, except where explicitly required by law. Participants understand that once a blockchain transaction has been confirmed, it cannot be reversed or modified.
(e) Third-Party Fees. Certain services may be provided in cooperation with regulated third parties such as custodians, exchanges, or payment processors. These providers may impose their own fees, which are beyond the control of Jamii Finance. Participants are responsible for reviewing and accepting any such third-party charges.
(f) Revenue Allocation. A portion of collected fees may be allocated to liquidity pools, insurance funds, operational reserves, or token buyback programs. Participants acknowledge that the use of collected fees is determined by Jamii Finance governance and internal policies and is not subject to individual negotiation.
By using the Platform, participants explicitly accept responsibility for understanding and paying all applicable fees. Failure to review fee schedules does not exempt a participant from liability.
6. Refund Policy
Due to the immutable nature of blockchain transactions, Jamii Finance maintains a strict no-refund policy, except where a refund is expressly required under applicable law. Participants must carefully review all details of a transaction prior to confirmation, as errors cannot be corrected once broadcast to the blockchain.
(a) Irreversibility of Transactions. When a transaction is confirmed on the blockchain, it is final and cannot be undone by Jamii Finance or any third party. This includes cases of incorrect wallet addresses, typographical errors, or unintended transfers. Participants bear full responsibility for ensuring transaction accuracy.
(b) Service Fees. All service fees paid to Jamii Finance are final and non-refundable. This includes, but is not limited to, loan origination fees, staking fees, bridging fees, and card transaction fees.
(c) Exceptional Circumstances. Refunds may only be considered in exceptional cases where:
required by applicable consumer protection laws;
caused by proven technical malfunction of the Jamii Finance application, provided that such malfunction is verifiable, documented, and attributable to the company’s systems;
explicitly promised by Jamii Finance in an official communication or agreement.
(d) Third-Party Services. When services are provided through third-party partners (e.g., custodians, fiat gateways, or card issuers), any request for refund is subject to the policies of those providers. Jamii Finance shall not be responsible for third-party refund obligations.
(e) User Responsibility. Participants understand and accept that blockchain transactions and associated risks are under their sole control. By proceeding with a transaction, the participant confirms they have checked all details, verified wallet addresses, and accepted the applicable fee structure.
(f) No Guarantee of Recovery. In the event of unauthorized access, phishing, or user error, Jamii Finance cannot guarantee recovery of assets. Participants are encouraged to implement strong security measures to protect their wallets and accounts.
This strict refund policy is essential to maintaining the integrity, transparency, and predictability of decentralized financial operations. By using the Platform, participants accept and agree that no refunds shall be issued except under limited circumstances defined herein.
7. Rules for Users
The integrity and security of Jamii Finance depend on responsible participation by all users. Access to the Platform is a privilege, not a right, and Jamii Finance reserves the ability to suspend or restrict access where necessary to preserve the safety of the ecosystem.
Participants are required to conduct themselves in a lawful, transparent, and ethical manner when engaging with the Platform. Misuse or abuse of the services undermines trust and may result in permanent exclusion.
General Conduct. Users must:
comply with all applicable laws and regulations in their jurisdiction, including tax obligations, sanctions regimes, and financial reporting requirements;
provide truthful, accurate, and current information whenever requested, including during onboarding, KYC/AML checks, or subsequent reviews;
maintain the confidentiality of account credentials and immediately notify Jamii Finance of any suspected unauthorized access;
use the Platform solely for legitimate financial purposes and in accordance with these Terms.
Prohibited Activities. Without limitation, the following activities are strictly prohibited:
using the Platform to launder money, conceal the proceeds of crime, or finance terrorism;
creating multiple accounts or identities in order to exploit referral, staking, or governance incentives;
deploying bots, automated scripts, or malicious code to manipulate the functioning of smart contracts or front-end systems;
deliberately exploiting bugs, vulnerabilities, or loopholes in Jamii Finance protocols (“white-hat” testing must be conducted only through authorized bug bounty programs);
conducting attacks on the Platform, including denial-of-service, sybil attacks, or attempts to compromise validators and liquidity pools;
submitting fraudulent documents or falsifying information during verification;
publishing or distributing content that is defamatory, abusive, hateful, obscene, or otherwise unlawful;
impersonating another person, entity, or representative of Jamii Finance for the purpose of misleading or deceiving others.
Consequences. Jamii Finance may take any of the following measures in response to violations:
issue a warning and require corrective action;
temporarily suspend or restrict account access;
permanently ban the participant from using the Platform;
reverse or withhold rewards, incentives, or governance rights gained through fraudulent activity;
report the matter to law enforcement or regulatory authorities where applicable.
Decisions taken under this section are at the sole discretion of Jamii Finance and may be executed without prior notice in cases of serious or urgent concern.
By using the Platform, each participant agrees that adherence to these rules is essential to maintaining a secure and trustworthy financial ecosystem.
8. Content & Intellectual Property
Jamii Finance incorporates both proprietary intellectual property and user-generated content. The protection of these assets is fundamental to the operation of the Platform.
Ownership of Jamii Finance Content. All materials made available through the Platform, including software code, smart contracts, visual design, trademarks, trade names, logos, reports, documentation, analytics dashboards, videos, and marketing materials are the exclusive property of Jamii Finance Ltd. or its licensors. No participant acquires any ownership rights in these materials by accessing or using the Platform.
Jamii Finance grants users a limited, non-exclusive, revocable license to access and use the Platform and its content strictly for personal or business purposes in connection with the services provided. This license does not extend to any use of the Platform or its content for unlawful purposes, resale, redistribution, or reverse engineering.
User Content. Participants may from time to time submit content, including but not limited to feedback, suggestions, uploaded information, promotional material, or participation in governance discussions. By submitting such content, participants grant Jamii Finance a worldwide, royalty-free, perpetual, irrevocable, non-exclusive, sublicensable license to use, reproduce, adapt, publish, and distribute such content in connection with the operation and development of the Platform.
Jamii Finance does not pre-screen user content and shall not be liable for its accuracy, legality, or reliability. Users remain solely responsible for the content they submit and for ensuring that it does not infringe upon the rights of third parties or violate applicable laws.
Restrictions. Users must not:
use Jamii Finance’s brand assets, including logos or trademarks, without prior written consent;
upload, distribute, or promote any content that infringes upon copyright, trademark, patent, trade secret, or other proprietary rights;
misrepresent affiliation with Jamii Finance or imply endorsement by the company without authorization;
attempt to copy, decompile, modify, or otherwise tamper with Jamii Finance’s intellectual property.
Enforcement. Jamii Finance may, in its sole discretion, remove or restrict access to any user content that is deemed unlawful, infringing, offensive, or otherwise inconsistent with these Terms. Jamii Finance also reserves the right to pursue civil, criminal, or regulatory remedies against individuals or entities that unlawfully exploit its intellectual property.
Through this framework, Jamii Finance ensures that innovation, brand reputation, and community contributions are protected, while maintaining an open and participatory environment for decentralized finance.
9. Third-Party Services
Jamii Finance integrates with, relies on, or provides access to certain services and technologies that are developed, maintained, or operated by independent third parties. These may include, but are not limited to:
wallet providers (e.g., self-custodial wallets, browser extensions, or mobile wallets),
custodial partners for fiat conversion or asset storage,
blockchain networks and oracles that provide pricing and settlement data,
exchanges, liquidity providers, and payment processors,
compliance service providers, including KYC/AML verification vendors,
card issuers and payment networks for virtual and physical card services.
Scope of Responsibility. Jamii Finance does not control and is not responsible for the acts or omissions of third-party providers. By using the Platform, participants acknowledge and agree that:
access to certain features may require interaction with third-party platforms, each governed by their own terms of service and privacy policies;
Jamii Finance is not a party to, and shall not be responsible for, contractual relationships or disputes between participants and third-party providers;
the accuracy, reliability, and availability of third-party services are beyond the control of Jamii Finance, and outages or failures may directly affect the Platform’s functionality.
No Endorsement. The integration or reference of a third-party product, service, or protocol within the Platform does not constitute an endorsement, sponsorship, or recommendation by Jamii Finance. Participants must conduct their own due diligence before relying on any third-party services.
Risks. By interacting with third-party services, participants accept that:
smart contracts deployed by external protocols may contain vulnerabilities;
custodial partners may be subject to regulatory action, insolvency, or operational failures;
data provided by oracles or external APIs may be delayed, inaccurate, or manipulated;
card issuers and payment networks may decline transactions, impose additional fees, or suspend services without notice.
Limitations. Jamii Finance is not responsible for:
the custody or safekeeping of assets managed by third parties,
refunding or recovering funds lost through errors, hacks, insolvencies, or failures of external providers,
ensuring compatibility between third-party services and all devices or jurisdictions.
Participants bear full responsibility for evaluating the risks and terms associated with third-party services before engaging with them through the Platform.
10. Warranties & Disclaimers
Jamii Finance provides access to decentralized financial services on an “as is” and “as available” basis. To the fullest extent permitted by law, Jamii Finance makes no warranties, guarantees, or representations, express or implied, with respect to the Platform, its services, or the results that may be obtained from their use.
No Warranty of Functionality. Jamii Finance does not warrant that:
the Platform will operate uninterrupted, secure, or error-free;
defects or vulnerabilities will be discovered or corrected in a timely manner;
the Platform will be compatible with all devices, software, or jurisdictions;
services will always be available in all regions or without downtime.
No Warranty of Accuracy. While Jamii Finance strives to provide reliable analytics, pricing data, and transaction records, the company does not guarantee the accuracy, completeness, or timeliness of information displayed. Market data may be sourced from oracles, third-party feeds, or decentralized networks, each of which carries risks of error or manipulation.
No Financial or Legal Advice. The Platform does not provide investment, trading, tax, accounting, or legal advice. Nothing on the Platform should be construed as a recommendation to buy, sell, or hold any asset. Participants are solely responsible for their financial decisions and should seek independent professional advice as needed.
No Guarantee of Returns. Yields, rewards, or interest rates displayed on the Platform are estimates only. They are subject to change without notice based on market conditions, governance decisions, or protocol performance. Jamii Finance does not guarantee any specific level of return or that participants will not incur losses.
Risk Allocation. By using the Platform, participants acknowledge and accept that:
blockchain transactions are irreversible and may be lost due to user error, technical failures, or malicious attacks;
cryptocurrencies and tokens are volatile and may lose significant or total value;
smart contracts may contain bugs or vulnerabilities that could be exploited;
Jamii Finance has no obligation to reimburse users for losses resulting from these risks.
Disclaimer of Liability. Jamii Finance, its affiliates, officers, directors, employees, contractors, and licensors expressly disclaim any liability for:
loss of funds, profits, revenues, or data;
damage to reputation or goodwill;
business interruptions, technical failures, or security breaches;
reliance on third-party services, integrations, or external data feeds.
Participants understand and agree that use of the Platform is entirely at their own risk. Jamii Finance disclaims liability for outcomes that arise from market volatility, third-party actions, or user negligence.
11. Risk Disclosure Specific to DeFi
Participation in decentralized finance inherently involves exposure to a variety of risks that are substantially different from those associated with traditional financial systems. By engaging with Jamii Finance, each participant acknowledges that they understand and voluntarily accept these risks.
The digital assets used within the Platform are volatile in nature. Their value may fluctuate rapidly and unpredictably, sometimes within seconds, and such volatility can lead to partial or total loss of value. Unlike regulated securities or insured bank deposits, there are no guarantees of stability, preservation of capital, or protection against loss.
Smart contracts, while audited and continuously monitored, are nevertheless complex pieces of code. They may contain unforeseen vulnerabilities, errors, or design flaws that could be exploited by malicious actors. Exploitation of such vulnerabilities may lead to the unauthorized transfer, theft, or permanent loss of digital assets. Jamii Finance does not and cannot guarantee that all risks related to code execution or blockchain operations have been eliminated.
The decentralized nature of the ecosystem means that transactions are final and irreversible once confirmed on the blockchain. Mistaken entries, transfers to incorrect addresses, or unauthorized access caused by compromised private keys cannot be corrected or reversed. Participants are fully responsible for safeguarding their keys, devices, and access credentials.
Furthermore, decentralized financial markets operate within a constantly shifting regulatory environment. Changes in national or international legislation, enforcement actions, or the introduction of new regulatory frameworks may directly impact the operation of the Platform, the availability of certain services, or the legal status of assets. Jamii Finance is not liable for any consequences that may arise from regulatory changes beyond its control.
By accessing and using the Platform, participants confirm that they have carefully evaluated these risks, that they have the financial capacity to withstand potential losses, and that they do not rely on Jamii Finance for investment, legal, or tax advice. The use of decentralized financial services is a matter of personal choice, and all outcomes, positive or negative, remain the sole responsibility of the participant.
12. Liability
The use of decentralized financial services requires the acceptance of risk. By accessing the Platform, participants acknowledge that Jamii Finance does not and cannot provide guarantees regarding outcomes, performance, or the preservation of value. Engagement with the Platform is undertaken voluntarily and entirely at the discretion of the participant.
Jamii Finance shall not be liable for any form of loss or damage, whether direct or indirect, that arises out of or relates to the use of the Platform. This exclusion applies regardless of whether the alleged harm is financial, reputational, technical, or otherwise. Participants expressly accept that fluctuations in digital asset values, liquidity shortages, or the malfunction of smart contracts may result in significant or total losses, and such losses remain the responsibility of the participant.
No liability for interruptions. The continuous availability of the Platform cannot be assured. Outages may occur due to blockchain network congestion, failures in third-party infrastructure, regulatory interventions, or security incidents. Participants agree that such interruptions shall not constitute a breach of these Terms and shall not entitle them to compensation.
No liability for reliance on information. The Platform may display data, analytics, or forecasts derived from third-party sources, decentralized oracles, or automated models. Such information may be incomplete, delayed, or inaccurate. Jamii Finance does not assume responsibility for losses that occur as a result of reliance on such information.
Cap on liability. To the maximum extent permitted by law, the total liability of Jamii Finance for any claim, regardless of cause or form of action, shall be limited to one thousand United States dollars (USD 1,000) or the equivalent value in $JAMI tokens at the time of settlement. This cap is absolute and applies cumulatively across all claims brought by a participant.
Exclusion of collective actions. Participants agree that any claim must be pursued individually and waive the right to participate in class, group, or representative actions against Jamii Finance.
By continuing to use the Platform, each participant acknowledges that these limitations form an essential part of the risk allocation underlying these Terms. Without such provisions, Jamii Finance could not reasonably provide its services in an open and decentralized environment.
13. Indemnification
Every participant using the Platform agrees to defend, indemnify, and hold harmless Jamii Finance Ltd., its affiliates, directors, officers, employees, contractors, partners, and licensors against any claim, liability, loss, damage, cost, or expense (including reasonable legal fees) arising out of or related to their conduct.
Scope of indemnity. The obligation to indemnify applies in situations where claims are made by third parties due to:
violation of these Terms;
breach of applicable laws or regulations, including tax and securities laws;
provision of false, misleading, or incomplete information during registration or KYC/AML checks;
misuse of the Platform, including fraudulent or unlawful activities;
infringement of intellectual property or proprietary rights of others;
transmission of malicious code, unauthorized automated scripts, or any attempt to compromise the integrity of Jamii Finance systems.
Defense and settlement. Jamii Finance retains the right to assume the exclusive defense of any matter that would otherwise be subject to indemnification by the participant. In such cases, participants agree to cooperate fully in the defense, including providing documents, testimony, and access to relevant information. Participants may not settle or resolve a claim without the prior written consent of Jamii Finance, where such settlement imposes obligations or liabilities on the company.
Continuing obligations. This indemnification obligation survives the termination of a participant’s account or their cessation of use of the Platform. Participants remain liable for their actions even after exiting the ecosystem, as long as claims relate to activities conducted during their period of use.
14. Force Majeure
Jamii Finance shall not be held liable or responsible for any failure or delay in performance arising from events beyond its reasonable control. Such events, commonly referred to as “force majeure”, include but are not limited to natural disasters, acts of war, terrorism, civil unrest, embargoes, strikes, labor disputes, cyberattacks, systemic blockchain failures, market disruptions, regulatory prohibitions, and actions by governmental authorities.
Impact on services. During a force majeure event, Jamii Finance may suspend or limit certain functionalities of the Platform, including but not limited to lending, borrowing, staking, withdrawals, or payments. Participants acknowledge that such actions may be necessary to preserve the integrity of the ecosystem and agree that they do not give rise to liability or claims for damages.
Notification. Where feasible, Jamii Finance will provide notice of a force majeure event via the official website, application, or communication channels. However, the inability to provide timely notice shall not affect the validity of this provision.
Duration. If a force majeure event persists for an extended period, Jamii Finance reserves the right to permanently discontinue or materially alter affected services. Such decisions are made in the sole discretion of Jamii Finance and in consideration of user protection, legal compliance, and operational viability.
Legal effect. Participants expressly agree that performance failures caused by force majeure do not constitute a breach of these Terms. This clause applies regardless of whether the event was foreseeable, mitigable, or previously experienced, and remains binding even in jurisdictions that impose higher contractual standards.
15. Applicable Law & Jurisdiction
These Terms, as well as any dispute, controversy, or claim arising out of or in connection with them or with the use of the Platform, shall be governed by and construed in accordance with the laws of Estonia, without regard to principles of conflict of laws.
Exclusive jurisdiction. Any dispute that cannot be resolved through amicable negotiations shall fall within the exclusive jurisdiction of the competent courts of Tallinn, Estonia. By accepting these Terms, participants irrevocably submit to the jurisdiction of these courts and waive any objection on the grounds of inconvenient forum or lack of personal jurisdiction.
Waiver of jury trial and collective actions. To the maximum extent permitted by law, participants expressly waive the right to trial by jury in any proceeding related to these Terms. In addition, participants agree that disputes shall only be pursued on an individual basis and not as part of a class, collective, or representative action.
Arbitration (optional mechanism). Jamii Finance reserves the right, at its sole discretion, to refer certain disputes to binding arbitration in accordance with the rules of the Arbitration Court of the Estonian Chamber of Commerce and Industry. The arbitration shall be conducted in English, and the decision of the tribunal shall be final and binding on the parties.
International application. While these Terms are governed by Estonian law, participants acknowledge that they may be subject to the laws and regulations of their own jurisdiction. It is the sole responsibility of participants to ensure that the use of the Platform is compliant with applicable local legislation.
16. Termination
Jamii Finance reserves the right to suspend, restrict, or permanently terminate access to the Platform, in whole or in part, at any time and without prior notice, where such action is deemed necessary to protect the integrity of the ecosystem, comply with legal requirements, or respond to violations of these Terms.
Termination by Jamii Finance. Grounds for termination include, but are not limited to: failure to comply with applicable KYC/AML requirements; use of the Platform for unlawful or fraudulent purposes; breach of these Terms; engagement in prohibited activities such as exploitation of vulnerabilities or attacks on smart contracts; submission of false or misleading information; or any conduct that threatens the stability or reputation of Jamii Finance.
Termination by participant. Participants may terminate their use of the Platform at any time by ceasing all activity and, where applicable, deleting their account. Such termination does not relieve the participant of any obligations accrued prior to the date of termination, including financial obligations, indemnification duties, or legal responsibilities.
Effect of termination. Termination, whether voluntary or involuntary, shall not affect the immutability of blockchain transactions, which remain permanent and accessible. Rewards, yields, or assets not withdrawn prior to termination may be forfeited, subject to applicable law. Jamii Finance is under no obligation to provide compensation for losses resulting from termination actions taken in accordance with these Terms.
Survival of obligations. Provisions relating to liability limitations, indemnification, intellectual property, governing law, and jurisdiction shall survive termination of these Terms. Participants acknowledge that the legal framework established herein continues to bind them with respect to past actions taken on the Platform.
17. Electronic Communications and Notifications
By accepting these Terms, participants consent to receive all communications, disclosures, notices, and other information related to the Platform in electronic form. Such communications may be delivered via email, in-application messages, website postings, or blockchain-based identifiers associated with the participant’s account or wallet.
Validity of electronic notices. Electronic communications provided by Jamii Finance shall have the same legal effect as if they were provided in paper form. Participants agree that maintaining valid contact details and monitoring the designated communication channels is their sole responsibility. Failure to read or receive communications due to outdated or inaccurate contact information shall not relieve a participant of their obligations under these Terms.
Scope of communications. Electronic notices may include, without limitation: service updates, modifications to these Terms, compliance alerts, risk warnings, technical advisories, incident reports, or information regarding rewards, staking, and governance. Jamii Finance may also provide marketing communications, from which participants may opt out at any time, without affecting the receipt of essential service notices.
No liability for non-receipt. Jamii Finance shall not be liable for any loss, damage, or missed opportunity resulting from a participant’s failure to review or act upon an electronic communication. By continuing to use the Platform, participants expressly acknowledge that electronic delivery is the primary and exclusive method of communication.
18. Miscellaneous Provisions
Entire agreement. These Terms constitute the entire understanding between Jamii Finance and the participant with respect to the use of the Platform and supersede all prior agreements, representations, or understandings, whether oral or written.
Severability. If any provision of these Terms is found to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. The invalid provision shall be replaced with a valid provision that most closely reflects the original intent.
Assignment. Participants may not assign, transfer, or delegate any rights or obligations under these Terms without the prior written consent of Jamii Finance. Any unauthorized assignment shall be deemed void. Jamii Finance may assign or transfer its rights and obligations to affiliates, subsidiaries, successors, or acquirers without restriction.
Waiver. Failure by Jamii Finance to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision, nor shall it limit the ability to enforce that right in the future.
Language and interpretation. These Terms have been drafted in English, which shall be the controlling language for interpretation. Any translations are provided for convenience only and do not modify the meaning of the original English text.
Governing principles. Participants acknowledge that the provisions relating to limitation of liability, indemnification, intellectual property, compliance, governing law, and dispute resolution are fundamental conditions of participation. Without these provisions, Jamii Finance could not reasonably make the Platform available on a global and decentralized basis.
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