1. Acceptance of Terms

By downloading, installing, or using the DropFi mobile application ("App"), you agree to these Terms and Conditions ("Terms"). If you do not agree to these Terms, you must refrain from using the App. These Terms constitute a legally binding agreement between you and DropFi LLC.

2. Nature of Service

DropFi is a non-custodial digital wallet built on the XRP Ledger (XRPL). DropFi facilitates users' interaction with the XRPL but does not hold or manage user assets. The App merely provides tools to generate and store cryptographic key pairs on the user's device and facilitates communication with XRPL.

Note: DropFi is not a financial institution, money service business (MSB), or virtual asset service provider (VASP). No user funds are ever held by DropFi.

3. No Custody or Control

DropFi:

• Does not store, hold, or control digital assets.

• Does not have access to user private keys, recovery phrases, or wallet credentials.

• Cannot recover lost keys or funds.

Additional Notes:

• If you lose your private key or recovery phrase, DropFi cannot restore access. You assume all risks related to the storage and security of your keys.

• Transactions on the XRPL are final and irreversible. Use caution when sending funds.

4. User Responsibilities

You agree that you:

• Are at least 18 years old and capable of entering a binding legal agreement.

• Will only use the App in compliance with applicable laws and regulations.

• Will not use the App for illegal purposes, including money laundering, terrorism financing, or fraud.

• Are solely responsible for managing your wallet credentials and any transactions conducted.

• Will conduct your own due diligence and consult legal or tax advisors as needed.

5. Prohibited Use

You agree not to:

• Use the App to facilitate illegal or unlawful transactions.

• Distribute malicious software or attempt to compromise network integrity.

• Use automated scripts to interact with the App.

• Impersonate another person or misrepresent your identity.

• Use the App in a manner that could disable, damage, or impair its functionality.

Violation of this section may result in immediate suspension or termination of access to the App and legal action.

6. Third-Party Services

DropFi may integrate third-party APIs and tools (e.g., analytics providers, data services, blockchain APIs). We do not control or endorse these services. Your use of third-party services is at your own risk.

Additional Disclosures:

• DropFi is not liable for downtime, inaccuracies, or breaches stemming from third-party services.

• You may be subject to additional terms from such third parties.

7. No Investment Advice

DropFi does not:

• Offer investment, financial, or legal advice.

• Guarantee performance of any digital asset or the XRPL.

You must consult licensed professionals for any investment decisions. All app content is for informational purposes only.

8. Disclaimer of Warranties

The App is provided "as is" and "as available" with no warranties, express or implied, including:

• Warranties of merchantability

• Fitness for a particular purpose

• Non-infringement

DropFi does not warrant that:

• The App will be uninterrupted or error-free

• The App is secure or free of harmful components

• Any bugs or vulnerabilities will be resolved

Use of DropFi is at your sole risk.

9. Limitation of Liability

To the fullest extent permitted by law, DropFi LLC, its affiliates, and its officers, directors, employees, or contractors shall not be liable for:

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

• Loss of data, revenue, or profits

• Loss or theft of digital assets

• User error or failure to follow security best practices

• Downtime or issues with XRPL

This limitation applies even if DropFi was advised of the possibility of such damages.

10. Indemnification

You agree to indemnify, defend, and hold harmless DropFi LLC and its affiliates from any claim, liability, or expense (including reasonable attorneys’ fees) arising from:

• Your use of the App

• Your violation of these Terms

• Your violation of any applicable laws

• Any dispute between you and another user or third party

11. Binding Arbitration & Waiver of Class Actions

All disputes arising from these Terms or your use of the App will be resolved through binding arbitration under the rules of the American Arbitration Association, in Dallas, Texas.

You agree to:

• Waive your right to a trial by jury

• Waive participation in class actions or collective proceedings

Exceptions: You may seek equitable relief in court (e.g., injunctive relief for IP infringement) without breaching this arbitration clause.

12. Termination

DropFi may suspend or terminate your access at any time, with or without notice, for:

• Breach of these Terms

• Risk to the security or integrity of the App or XRPL

• Compliance with law enforcement requests

You may also stop using the App at any time. Termination does not relieve you of obligations incurred while using the App.

13. Governing Law

These Terms are governed by the laws of the State of Texas, without regard to conflict of laws. Any legal action not subject to arbitration will be brought in the courts of Dallas County, Texas.

14. Entire Agreement

These Terms constitute the entire agreement between you and DropFi LLC. They supersede any prior agreements, communications, or representations.

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

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