Terms of Service

1. Introduction

Welcome to chainwheel ("Platform", "Service", "we", "us", or "our"), a decentralized application (dApp) that provides random token trading services on the Solana blockchain. These Terms of Service ("Terms") govern your access to and use of our Platform.

WARNING: chainwheel facilitates high-risk cryptocurrency trading. You may lose all of your invested funds. Only use funds you can afford to lose entirely.

By accessing or using chainwheel, you agree to be bound by these Terms. If you do not agree with any part of these Terms, you must not use our Platform.

2. Service Description

chainwheel provides:

Random token selection from trending Solana tokens

Integration with Jupiter Protocol for token swapping

Real-time token data from third-party APIs

Wallet connection via Solana Wallet Adapter

A platform fee of 0.2% charged in SOL for each transaction

We do not:

Provide investment advice or recommendations

Hold, custody, or control your funds

Execute transactions on your behalf

Guarantee transaction success or token performance

Store personal data beyond local browser storage

3. User Responsibilities

By using chainwheel, you represent and warrant that:

You are at least 18 years old and legally capable of entering into contracts

You have the legal right to use cryptocurrency in your jurisdiction

You understand the risks associated with cryptocurrency trading

You are solely responsible for your trading decisions

You will review and approve all transactions before signing

You will not use the Platform for illegal activities

You acknowledge that:

All trades are executed by YOU through your connected wallet

You control your private keys and wallet security

You are responsible for understanding what you are signing

Transaction fees and platform fees will be deducted from your wallet

4. Platform Fees

chainwheel charges a platform fee of 0.2% of the SOL amount for each swap transaction. This fee is:

Automatically calculated and displayed before transaction confirmation

Deducted in SOL from your transaction

Used to support platform development and maintenance

Non-refundable once the transaction is executed

Additional fees may apply from third-party services including but not limited to:

Solana network transaction fees

Jupiter Protocol fees

Liquidity provider fees

5. Risk Warnings

⚠️ HIGH RISK ACTIVITY

Cryptocurrency trading, especially random token trading, involves substantial risk of loss. You should carefully consider whether such trading is suitable for you.

Specific risks include but are not limited to:

Total Loss: You may lose 100% of your invested capital

High Volatility: Token prices can fluctuate dramatically

Liquidity Risk: Tokens may become untradeable

Smart Contract Risk: Technical vulnerabilities in blockchain protocols

Regulatory Risk: Changing laws may affect token legality

Market Manipulation: Potential for price manipulation in small cap tokens

Technology Risk: Wallet, network, or platform failures

Random Selection Risk: Our algorithm selects tokens randomly, not based on merit

6. Disclaimers

NO INVESTMENT ADVICE: chainwheel does not provide investment, financial, trading, or other advice. All information is for educational purposes only. You should consult with qualified professionals before making any financial decisions.

NO WARRANTIES: The Platform is provided "AS IS" without warranties of any kind. We disclaim all warranties, express or implied, including merchantability, fitness for a particular purpose, and non-infringement.

THIRD-PARTY SERVICES: We integrate with third-party services including Jupiter Protocol, DexScreener, and QuickNode. We are not responsible for their availability, accuracy, or functionality.

7. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, CHAINWHEEL AND ITS OPERATORS SHALL NOT BE LIABLE FOR:

Any trading losses or investment losses

Loss of funds due to user error or wallet compromise

Failed transactions or network congestion

Third-party service failures or downtime

Any indirect, consequential, or punitive damages

YOUR SOLE REMEDY FOR DISSATISFACTION WITH THE PLATFORM IS TO STOP USING IT.

8. Indemnification

You agree to indemnify and hold harmless chainwheel and its operators from any claims, losses, damages, liabilities, and expenses (including attorney fees) arising from:

Your use of the Platform

Your violation of these Terms

Your violation of any applicable laws

Your trading activities and decisions

9. Prohibited Uses

You may not use chainwheel to:

Violate any applicable laws or regulations

Engage in money laundering or financing of illegal activities

Manipulate markets or engage in fraudulent activities

Interfere with the Platform's operation or security

Use automated tools or bots without permission

Access the Platform from jurisdictions where it's prohibited

10. Data and Privacy

chainwheel operates with minimal data collection:

We store user preferences only in your browser's local storage

We do not create user accounts or store personal information

Your wallet interactions are direct with the Solana blockchain

Third-party services may collect data as per their privacy policies

See our Privacy Policy for more details on data handling.

11. Modifications

We reserve the right to modify these Terms at any time. Changes will be effective immediately upon posting on the Platform. Your continued use constitutes acceptance of the modified Terms.

12. Severability

If any provision of these Terms is found to be unenforceable, the remaining provisions will continue in full force and effect.

⚠️ ACKNOWLEDGMENT

BY USING CHAINWHEEL, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS. YOU UNDERSTAND THE HIGH RISKS INVOLVED AND ACCEPT FULL RESPONSIBILITY FOR YOUR TRADING DECISIONS.