Terms of service

These terms govern your use of the Luindy website at luindy.com and, once available, the Luindy wallet, lending and borrowing services (together, the “Services”). By using the Services you agree to these terms. If you do not agree, do not use the Services.

1. Eligibility

You must be at least 18 years old and legally able to enter into a binding contract. The Services are available worldwide. We may ask you to confirm details about yourself before you can transact.

2. The Services

Luindy provides a wallet for holding, sending and receiving USDC and USDT on the Solana network; fixed-term, fixed-rate lending of those stablecoins; borrowing of SOL against stablecoin collateral; and stablecoin loans against documented assets or projects, subject to review and approval. Features may be introduced in stages.

3. Your account

You are responsible for keeping your devices and credentials secure and for all activity on your account. Tell us immediately through the contact form if you believe your account has been compromised. Luindy will never ask you for a password or a login code.

4. Digital assets and risk

Digital assets, including stablecoins, carry risk. Their value can fall, issuers can fail, networks can pause, and transactions on a blockchain are generally irreversible. Lending is not a deposit and is not insured by any government scheme. Borrowing against volatile collateral can result in the sale of that collateral. Our risk disclosure forms part of these terms.

5. Fees and rates

Fees are set out on the Fees page. Rates shown on the website are illustrative until the relevant service is live. Rates for a lending position or loan are fixed at the time you open it and shown to you before you confirm.

6. Prohibited use

You may not use the Services for any unlawful purpose or in any way that could harm the Services or other users. We may suspend or close accounts that breach these terms or applicable law.

7. Availability

We aim for the Services to be available at all times but cannot guarantee it. Blockchain networks, third-party issuers and infrastructure providers are outside our control. We may pause parts of the Services to protect users or comply with law.

8. Liability

To the fullest extent permitted by law, Luindy is not liable for indirect or consequential loss, for losses caused by the Solana network, stablecoin issuers or other third parties, or for losses arising from your failure to keep your account secure. Nothing in these terms limits liability that cannot be limited by law.

9. Changes

We may update these terms. Material changes will be announced in the app or on the website before they take effect. Continued use after a change means you accept it.

10. Contact

Questions about these terms can be sent through the contact form.