Terms of Service

Last updated: December 25, 2024

1. Acceptance of Terms

By accessing or using POLYOM ("the Service"), you agree to be bound by these Terms of Service. If you do not agree to these terms, do not use the Service.

2. Description of Service

POLYOM is a trading interface that provides access to Polymarket's prediction markets. The Service allows users to:

• View market data, prices, and trading activity
• Connect cryptocurrency wallets
• Execute trades on Polymarket through proxy wallets
• Monitor positions and trading history

3. Eligibility

You must meet the following requirements to use the Service:

• Be at least 18 years of age
• Not be a resident of any jurisdiction where prediction market trading is prohibited
• Not be a resident of the United States or any OFAC-sanctioned country
• Have the legal capacity to enter into binding agreements

4. Proxy Wallet System

POLYOM uses a proxy wallet system for trading:

• A unique proxy wallet is created for each connected main wallet
• You must deposit USDC to your proxy wallet to trade
• The proxy wallet private key is stored on our servers to enable trading
• You can export your private key or withdraw funds at any time
• You are responsible for the security of your main wallet

5. User Responsibilities

By using the Service, you agree to:

• Provide accurate information and comply with all applicable laws
• Maintain the security of your wallet and credentials
• Not use the Service for any illegal or unauthorized purpose
• Not attempt to manipulate markets or engage in fraudulent activity
• Not use bots or automated systems to gain unfair advantage
• Accept full responsibility for your trading decisions

6. Risks and Disclaimers

You acknowledge and accept the following risks:

• Market Risk: Prediction markets are volatile. You may lose your entire investment.
• Smart Contract Risk: Blockchain transactions are irreversible. Smart contract bugs may result in loss of funds.
• Regulatory Risk: Prediction markets may be subject to changing regulations.
• Technical Risk: System failures, network issues, or security breaches may occur.
• Liquidity Risk: You may not always be able to execute trades at desired prices.

7. No Financial Advice

The Service does not provide financial, investment, legal, or tax advice. All trading decisions are made solely by you. Market information displayed is for informational purposes only and should not be construed as a recommendation to trade.

8. Fees

POLYOM does not charge additional fees for using the Service. However, you are responsible for:

• Polymarket trading fees
• Polygon network gas fees
• Any fees charged by your wallet provider

9. Service Availability

We strive to maintain Service availability but do not guarantee uninterrupted access. We may:

• Modify or discontinue features at any time
• Perform maintenance with or without notice
• Suspend access for security or legal reasons

10. Intellectual Property

The Service, including its design, code, and content, is owned by POLYOM. You may not copy, modify, distribute, or create derivative works without permission.

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, POLYOM SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, OR FUNDS, ARISING FROM YOUR USE OF THE SERVICE.

12. Indemnification

You agree to indemnify and hold harmless POLYOM and its operators from any claims, damages, or expenses arising from your use of the Service or violation of these Terms.

13. Modifications

We reserve the right to modify these Terms at any time. Continued use of the Service after changes constitutes acceptance of the modified Terms.

14. Governing Law

These Terms shall be governed by and construed in accordance with applicable laws, without regard to conflict of law principles.

15. Contact

For questions about these Terms, contact us on X (Twitter).

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