Lemonchain Terms and Conditions

Effective Date: April 1, 2025

Revised: April 1, 2025

These Terms and Conditions ("Terms") constitute a binding legal agreement between you, the user ("you," "your," or "Participant"), and Lemonchain ("we," "us," or "Company"). By accessing our website, utilizing our services, or participating in the Lemon Coin (LEMX) ecosystem, you agree to comply with and be bound by these Terms. If you do not agree with any of these provisions, you must immediately discontinue all use of our platform, services, and participation in the LEMX token ecosystem.

These Terms are designed to clearly articulate the risks associated with cryptocurrency investments, define the scope of our services, and limit the liability of Lemonchain to the fullest extent permitted by law.

1.⁠ ⁠Acceptance of Terms

By engaging with the Lemonchain platform, you affirm that you have read, fully understood, and explicitly agreed to these Terms in their entirety. Your continued use of our services constitutes your acknowledgment of and agreement to these Terms. It is your sole responsibility to regularly review these Terms, as we reserve the right to update or amend them at any time without prior notice.

Your acceptance of these Terms is a legally binding representation that you are acting with full knowledge and understanding of the implications associated with participation in blockchain-based technologies. You assume all responsibility for evaluating whether this platform aligns with your personal and financial circumstances.

2.⁠ ⁠Eligibility

YOU MUST BE AT LEAST 18 YEARS OLD TO USE OUR SERVICES. BY USING OUR SERVICES, YOU REPRESENT AND WARRANT THAT YOU ARE AT LEAST 18 YEARS OLD AND HAVE THE LEGAL CAPACITY TO ENTER INTO THESE TERMS. YOU MAY NOT ACCESS OR USE THE WEBSITE IF THE PROMOTION OR USE OF CRYPTOCURRENCIES IS RESTRICTED OR PROHIBITED IN YOUR JURISDICTION.

Participation in the Lemonchain ecosystem, including the purchase and use of LEMX tokens, is restricted to individuals and entities that comply with the legal and regulatory requirements of their jurisdiction. By proceeding, you explicitly warrant that:

•⁠ ⁠You have reached the legal age of majority in your jurisdiction and are not barred by any local law or regulation from participating.**

•⁠ ⁠You possess a thorough understanding of blockchain technology, digital assets, and their associated risks.**

•⁠ ⁠You are not acting on behalf of any individual or entity barred from cryptocurrency-related activities.**

•⁠ ⁠You accept full responsibility for ensuring compliance with all applicable laws and regulations governing your participation.**

Lemonchain disclaims all liability for your failure to ascertain the legality of your actions in your jurisdiction. It is your exclusive duty to confirm that engaging with our services aligns with local laws.

3.⁠ ⁠Registration and Account Management

To access certain features or participate in the Lemonchain ecosystem, you may need to create an account on our website. By registering an account, you agree to:

•⁠ ⁠Provide accurate, current, and complete information during the registration process.

•⁠ ⁠Update your account information promptly if there are changes.

•⁠ ⁠Maintain the confidentiality of your account credentials and restrict access to your account.

•⁠ ⁠Notify us immediately if you suspect unauthorized use of your account or a security breach.

You are solely responsible for all activities conducted under your account. We reserve the right to suspend or terminate your account if we detect unauthorized access or violations of these Terms.

5.⁠ ⁠No Financial or Investment Advice

Lemonchain does not provide financial, investment, or tax advice, and the information provided through the platform should not be considered as such. Any investment in cryptocurrencies or tokens involves risks, and you should consult with a licensed financial advisor before making any investment decisions.

7.⁠ ⁠Limitation on Use of the Platform**

You agree not to:

•⁠ ⁠Use the platform for any unlawful purpose or to facilitate the violation of any laws.

•⁠ ⁠Engage in activities that may harm, disrupt, or negatively affect the platform's operation or the experience of other users.

•⁠ ⁠Attempt to interfere with or bypass any security mechanisms or technical barriers on the platform.

8.⁠ ⁠Periodic Security Audits

Lemonchain conducts periodic security audits to assess the integrity of the network and platform. These audits are intended to identify vulnerabilities and ensure that the platform operates in a secure and efficient manner. However, we make no guarantees that the platform is free from all security vulnerabilities.

10.⁠ ⁠Community Contributions and Content

By submitting content or contributing to Lemonchain (including feedback, code, or any other materials), you grant Lemonchain a worldwide, royalty-free, perpetual license to use, modify, distribute, and publicly display such contributions in connection with the operation of the platform. You represent and warrant that you have all necessary rights to grant such licenses and that your contributions do not infringe the intellectual property rights of any third party.

Token Purpose and Utility

The Lemon Coin (LEMX) is a utility token designed to serve multiple functions within the Lemonchain ecosystem, and it also plays a crucial role in the network's governance, staking, and transaction processes. LEMX holders can use the token to pay for transaction fees, participate in staking, and vote on governance decisions that shape the future of the Lemonchain protocol.

LEMX is not just a utility token but also serves as a tool for the decentralized operation of the Lemonchain network. It helps facilitate decentralized applications (dApps) and other services within the ecosystem, providing holders with the opportunity to participate in the growth and development of the network.

While LEMX is primarily used within the Lemonchain ecosystem, it can be traded on cryptocurrency exchanges, allowing it to be converted into fiat or other digital assets. This makes LEMX not just a functional asset within the ecosystem but also a tradable token with a broader use case in the cryptocurrency market.

LEMX holders also have the ability to participate in governance, meaning they can vote on proposals and decisions that impact the development and upgrades of the Lemonchain blockchain. This aligns with the decentralized nature of the network, empowering the community to shape the platform's future.

The tokens are staked to help secure the network and incentivize participants who support the blockchain's security and integrity.

Key Functions of Lemon Coin (LEMX):

•⁠ ⁠Transaction Fees: Used to pay for gas fees within the Lemonchain ecosystem.

•⁠ ⁠Staking: LEMX can be staked to earn rewards and contribute to the security and integrity of the Lemonchain network.

•⁠ ⁠Governance: Token holders can vote on protocol upgrades and important decisions within the Lemonchain ecosystem.

•⁠ ⁠DeFi and dApp Usage: LEMX can be used across decentralized applications (dApps) and DeFi protocols built on the Lemonchain blockchain.

•⁠ ⁠External Liquidity: LEMX is actively traded on cryptocurrency exchanges, allowing holders to convert it into fiat or other cryptocurrencies.

Risk Disclosure

Cryptocurrency investments are inherently speculative and carry a high degree of risk. By participating in the Lemonchain platform or purchasing LEMX tokens, you expressly acknowledge and accept the following:

•⁠ ⁠Volatility and Market Risks: The value of cryptocurrencies, including LEMX tokens, is highly volatile and subject to extreme market fluctuations.

•⁠ ⁠No Guaranteed Returns: Lemonchain makes no representations, warranties, or guarantees regarding the current or future value of LEMX tokens.

•⁠ ⁠Regulatory Risks: Cryptocurrencies may be affected by evolving regulations or government actions that could impact their value or legality.

•⁠ ⁠Technological Risks: The blockchain ecosystem relies on developing technologies, which may be vulnerable to bugs, hacks, or system failures. Since Lemonchain is a fork of the Avalanche network, it is important to note that issues inherent in the Avalanche network may also affect Lemonchain, such as consensus delays, network stability concerns, or blockchain upgrades that may impact the ecosystem's functionality.

You agree to conduct independent research and assume full responsibility for any decisions made.

Privacy Policy

Your use of the platform is also governed by our Privacy Policy, which details how we collect, process, and protect your data. By using the platform, you consent to the collection and use of your data as described. For more details, please refer to the full Privacy Policy on our website.

Limitation of Liability

To the fullest extent permitted by applicable law, Lemonchain, its officers, directors, employees, affiliates, and agents shall not be held liable for:

•⁠ ⁠Losses resulting from blockchain technology errors, such as unauthorized access or transaction failures.

•⁠ ⁠Market volatility or depreciation in the value of LEMX tokens.

•⁠ ⁠Any indirect, incidental, special, or consequential damages.

Our aggregate liability is limited to the fees you paid for using our services.

Indemnification

You agree to indemnify and hold harmless Lemonchain and its affiliates from claims, damages, or expenses arising from:

•⁠ ⁠Your use of the platform.

•⁠ ⁠Your violation of these Terms or applicable laws.

Termination

We reserve the right to suspend or terminate your access to the platform if you breach these Terms. All provisions that survive termination, such as limitation of liability and intellectual property rights, remain in effect.

We may modify these Terms at any time. Material changes will be communicated via the website, and your continued use of the platform constitutes acceptance of the updated Terms.

If you have questions about these Terms, please contact us at [email protected].