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Terms of Service

Welcome to Ardentis, a fully decentralized, permissionless P2P lending protocol built on blockchain technology. These Terms of Service ("Terms") govern your access to and use of the Ardentis protocol, website, interfaces, smart contracts, APIs, and any related products or services (collectively, the "Services"). By accessing or using the Services, you acknowledge that you have read, understood, and agreed to these Terms.

If you do not agree with these Terms, do not use Ardentis.

1. Overview

Ardentis is a non-custodial, permissionless, vault-based DeFi lending protocol that enables users to:

  • ● Deposit assets into vaults
  • ● Participate as lenders or borrowers
  • ● Create or interact with isolated lending markets
  • ● Earn yields through interest, incentives, or veARD rewards
  • ● Lock ARD tokens to obtain veARD for governance participation

Ardentis operates entirely via immutable smart contracts; it does not hold or manage user funds, custody assets, or operate as a financial intermediary.

2. Eligibility

You may use Ardentis only if:

  • ● You are at least 18 years old
  • ● You are not located in, operating from, or a resident of restricted jurisdictions
  • ● You are not using VPNs, proxies, or similar tools to obscure your location
  • ● Your use complies with applicable laws and regulations
  • ● You are not otherwise prohibited from interacting with blockchain-based services

Restricted jurisdictions include (but are not limited to):

  • ● Countries with sanctions or crypto prohibitions
  • ● Regions where decentralized lending, derivatives, or financial protocols are restricted

Ardentis may block access via IP bans to enforce compliance and protect platform integrity.

3. Non-Custodial and Permissionless Nature

The protocol does not:

  • ● Hold custody of funds
  • ● Manage, reverse, or influence transactions
  • ● Provide investment or financial advice
  • ● Guarantee returns or loan conditions
  • ● Perform KYC/AML

Users interact directly with smart contracts at their own risk.

4. User Responsibilities

By using Ardentis, you agree that:

  • ● You manage your wallet, keys, and account security.
  • ● You understand how smart contracts, vaults, borrowing, collateralization, and liquidation work.
  • ● You evaluate risks (price volatility, market, oracle, liquidation).
  • ● You ensure legal compliance in your jurisdiction.
  • ● You accept all on-chain transactions as final.

Ardentis is not responsible for:

  • ● Forgotten keys
  • ● Wallet hacks
  • ● User mistakes
  • ● Gas fees
  • ● Loss of funds
  • ● Market volatility
  • ● Liquidations

5. Prohibited Activities

  • ● Using VPNs or proxies to bypass restrictions
  • ● Exploiting or attacking markets
  • ● Deploying malicious contracts
  • ● Interfering with protocol security or governance

Violation may result in access restrictions.

6. Markets, Vaults, and Protocol Features

6.1 Vaults

Vaults are smart contracts where users deposit a single loan asset. Curators allocate liquidity across markets. No lockup periods apply. Performance depends on market conditions, oracle accuracy, and smart contract execution.

6.2 Permissionless Markets

Users can create markets by defining:

  • ● Loan asset
  • ● Collateral asset
  • ● LLTV
  • ● Oracle
  • ● Interest Rate Model (IRM)

All parameters are immutable. Ardentis does not endorse user-created markets.

6.3 Borrowing & Liquidation

  • ● Loss of collateral
  • ● Liquidation
  • ● Pre-liquidation
  • ● Variable APYs
  • ● Oracle volatility
  • ● Market imbalances

If your position exceeds LLTV or preLLTV, your collateral may be partially or fully liquidated. Ardentis takes no responsibility for any liquidation outcomes.

6.4 Flash Loans

Flash loans:

  • ● Must be repaid in the same transaction
  • ● Are intended for advanced users and developers
  • ● Carry execution and gas risks

7. veARD, Governance & Rewards

Locking ARD into veARD:

  • ● Is voluntary
  • ● Is non-transferable
  • ● Decays linearly over time
  • ● Grants voting power
  • ● Enables participation in DAO governance
  • ● Provides rewards (rebasing, incentives, gauge emissions)

You acknowledge that:

  • ● Rewards are not guaranteed
  • ● Governance outcomes may impact the protocol
  • ● Future changes may modify reward rates, emission schedules, or functionality
  • ● Auto-compounding fees and thresholds may change

8. Fees

Ardentis may apply protocol fees as defined by DAO governance, including:

  • ● Interest-related fees
  • ● Protocol revenue shares
  • ● Vault fees (up to 50%)
  • ● Buyback allocations
  • ● Treasury reinvestment

All fee structures are transparent and on-chain.

9. Risks & Disclaimers

You acknowledge and accept the following risks:

9.1 Smart Contract Risk

Bugs, vulnerabilities, or exploits in smart contracts may lead to loss of funds.

9.2 Market Risk

Collateral prices may fluctuate rapidly, leading to liquidation.

9.3 Oracle Risk

Oracles may fail, lag, or be manipulated.

9.4 Liquidity Risk

Vaults or markets may lack sufficient liquidity for withdrawals.

9.5 Governance Risk

Governance decisions may impact protocol parameters, emissions, or functionality.

9.6 Blockchain Risk

Network congestion, forks, or failure may affect transactions.

English language: The Token Documentation and the Website may be translated into a language other than English for reference purpose only and in the event of conflict or ambiguity between the English language version and translated versions of the Token Documentation or the Website, the English language versions shall prevail. You acknowledge that you have read and understood the English language version of the Token Documentation and the Website.

10. No Financial Advice

Ardentis does not:

  • ● Provide financial, legal, or tax advice
  • ● Guarantee profits, yields, or market outcomes
  • ● Make recommendations regarding strategies or markets

All decisions are made entirely at your own risk.

11. Limitation of Liability

To the maximum extent permitted by law:

  • ● Ardentis, its core team, contributors, DAO members, partners, and affiliates are not liable for any direct, indirect, incidental, special, punitive, or consequential damages.
  • ● Ardentis is provided “as-is” and “as-available” without warranties of any kind.
  • ● You use the protocol entirely at your own risk.

12. Modifications

Ardentis may update these Terms periodically. Continued use of the Services constitutes acceptance of the most recent version.

13. Governing Law

These Terms are governed by the laws and regulations applicable to decentralized, global blockchain systems. Any disputes should be resolved through the Ardentis DAO community processes where applicable.

14. Contact

For general inqueries:
Email: contact@ardentis.io
Website: ardentis.io