Terms of use

Slyng is a product of Zenith Asset Management LLC, a California limited liability company ("Zenith", "Slyng", "we", "us"), which operates the website at slyng.tech, the Slyng app for iPhone, and the interfaces and APIs that go with them (together, the "Service"). These Terms of Use (the "Terms") are a binding agreement between you and Zenith Asset Management LLC. By connecting a wallet, creating one through the Service, or using the Service in any other way, you agree to these Terms and to the Privacy Policy. If you do not agree, do not use the Service. If you use the Service for a company or other organisation, you agree on its behalf and confirm you are allowed to.

Slyng is an interface to smart contracts deployed on Robinhood Chain, a public blockchain. The contracts, not us, hold assets, run the pricing curves, take fees and execute trades. When you buy, sell or launch a coin, you are sending a transaction you signed to a public network. We do not take custody of your funds, we cannot move them, we cannot freeze them, and we cannot reverse anything.

We are not a broker-dealer, an exchange, an alternative trading system, an investment adviser, a commodity trading adviser, a money transmitter, a money services business, a bank, a custodian, a payment processor or a fiduciary. We are not registered with, licensed by or supervised by any financial regulator. We do not act on your behalf, we owe you no duty beyond what the law refuses to let us disclaim, and we have no obligation to monitor, review or protect your positions.

Slyng is independent. It is not affiliated with, endorsed by or sponsored by Robinhood Markets, Inc. or any of its affiliates, by Uniswap, Privy, Alchemy, MoonPay, WalletConnect or Apple, or by the creator of any coin. Those names appear because the Service uses or runs on those things, not because they stand behind it.

Nothing on the Service is financial, investment, trading, legal, accounting or tax advice, and we do not give any. Nothing is an offer, solicitation or recommendation to buy, sell or hold anything. Prices, charts, volumes, market capitalisations, "worth", holder counts, burn totals, rankings and every other figure are for information only. They come from public chain data, third-party providers and estimates; they may be delayed, incomplete or wrong; and they are not a basis for any decision.

A coin appearing on the Service, in a list, in a feed, or in a paid promoted slot is not a recommendation and not a sign that we have reviewed it. The roadmap, the whitepaper, the decision log, social posts and anything else describing what we plan are statements of intent that may change or never happen, and you must not rely on them. If you want advice, get it from a licensed professional who knows your situation. You alone decide what to do with your money.

Anyone can launch a coin through the Service. Coins are created by their creators, not by us. We do not issue them, back them, guarantee them, vet them, audit them or endorse them.

A coin on Slyng is a token on a public blockchain and nothing more. It is not a share, stock, bond, note, option, swap, fund unit or other security. It is not a tokenised security, tokenised stock, or claim on any company, asset, revenue, profit or cash flow. It carries no equity, ownership, voting, dividend, interest, redemption or profit-sharing rights. It is backed by nothing, and no one is obliged to buy it back. A coin whose name, ticker or image resembles a real company, product, person or asset has no connection to it unless that party says so itself, and even then we have not verified it. Robinhood Chain hosts tokenised securities offered by Robinhood; coins launched on Slyng are not those, and the Service is not a place to trade those.

The law on digital assets is unsettled and differs by country. We have built the Service in the belief that coins launched through it are not securities and that we are not operating a securities market. That is our position, not a ruling, and a court or regulator could disagree. You accept that the legal character of any coin, and of the Service, may change; that this may affect a coin's value or whether you can trade it; and that we may restrict or remove coins from the Service in response.

When you launch a coin you are its issuer and you are responsible for it. You must not launch a coin that:

• is, or that you present as, a security, a share in anything, a claim on any revenue or asset, or a promise of profit or return;
• represents itself as a real stock, fund, currency, or tokenised security;
• uses a name, ticker, image or description you have no right to use, or impersonates a person, company or project;
• is used for fraud, market manipulation, wash trading, a pump-and-dump, money laundering or any other unlawful purpose;
• breaks any law where you or your buyers are.

What you write about your coin is your statement, not ours, and you are responsible for it being true, lawful and not misleading. You keep the creator fees the contracts pay you and you are responsible for any tax on them. If your coin causes a claim against us, section 19 applies.

SLYNG is a coin launched through the Service the same way as any other, on the same contracts. It is a token for using with and around the Service. It is not equity in Slyng or in anything else, it carries no rights of any kind, and owning it gives you no claim on us, our revenue or our decisions.

A share of protocol fees is routed by the contracts to a buyback vault that buys SLYNG and sends it to a burn address. That mechanism is what the contracts do, and the whitepaper describes it. It is not a promise about SLYNG's price, supply, liquidity or future. The amounts involved depend on trading that may not happen, and the operation of the burner and anything else about SLYNG that the contracts do not enforce may change or stop. Do not buy SLYNG expecting profit from our work or from anyone else's.

You are solely responsible for your wallet, its keys and every transaction you sign. A wallet created through the Service is an embedded wallet provided by Privy, Inc.; its keys are yours, are handled under Privy's terms, and never pass through us. We never ask for a private key, seed phrase or password; anyone who does is not us. If you lose access to your wallet, or sign something you did not mean to, we cannot recover, refund or reverse anything.

Some transactions use account abstraction. To have a transaction's network fee paid for you, your wallet signs an authorisation that lets a smart account contract execute a batch of calls from your address. The contract is Alchemy's Modular Account, the authorisation is an EIP-7702 delegation, and the calls are shown to you before you sign. By signing you authorise exactly those calls. Reviewing what you sign is your responsibility, and the delegation, like every signature, is yours.

We may pay the network fee ("gas") for some transactions. This is a discretionary convenience with limits per transaction, per wallet, per day and in total. We may refuse any transaction, change the limits, or stop sponsoring at any time without notice, and no one has a right to it. When a transaction is not sponsored, you pay the gas from your own wallet. A refusal message tells you why we did not pay; it is not advice about whether to trade.

Fees are set in the contracts and are visible on chain. Trading a coin on its curve pays a fee that is split between the coin's creator and the protocol; a coin that graduates pays a fee once. After a coin graduates its Uniswap pool charges a fee too, and that one is also split between the coin's creator and the protocol. The protocol's share is divided by the contracts, in fixed proportions, between a founder wallet, a treasury and the SLYNG buyback vault. We cannot change the fee on a coin that already exists.

Third parties you use, such as the network, MoonPay and Uniswap pools, charge their own fees, which are not ours. Promoted slots are paid separately, are always labelled as paid, and buying one buys placement on this interface and nothing else.

The Service depends on things we do not control: Robinhood Chain and its RPC providers; the Uniswap contracts; Privy for sign-in and embedded wallets; Alchemy for bundling transactions and paying gas; MoonPay for buying crypto with a card, which involves MoonPay's own identity checks, terms and fees and is a contract between you and MoonPay; WalletConnect and external wallets; Apple's App Store and TestFlight; and Vercel and Supabase for hosting. Each has its own terms and privacy policy, which apply to you when you use it. We are not responsible for them, for their availability, for their fees, or for anything you lose through them.

You understand and accept that:

• Tokens are extremely volatile and can lose all their value in minutes. Most coins launched on any launchpad go to zero.
• A coin can be abandoned or sold off by its creator or by large holders at any time, and there may be no buyers when you want to sell.
• A trade executes at the price the contracts compute when it lands, which can differ from what you saw, and can be affected by slippage, front-running and other activity on the chain.
• Smart contracts can contain defects. The contracts behind Slyng are public and have been reviewed and audited by third parties, but no review or audit guarantees they are free of defects.
• The network can be congested, halted, forked or changed by its operator, and transactions can fail or be delayed.
• Assets used to price coins, such as USDG, are controlled by their issuers, who can pause, freeze or destroy balances.
• An on-ramp, bridge or wallet provider can fail, delay, or refuse you, and gas sponsorship can be refused.
• Phishing, malware and social engineering target crypto users constantly. A stolen key means everything in the wallet is gone.
• Laws, taxes and regulatory treatment of digital assets can change, including retroactively.
• Nothing here is insured or guaranteed by the FDIC, SIPC or anyone else.
• The Service itself can be wrong, late, unavailable or discontinued.

You accept every one of these risks. Do not commit money you cannot afford to lose entirely.

You must be at least 18 years old and able to enter a binding contract. You must not be, or act for, a person on a sanctions list of the United States, the United Kingdom, the European Union or the United Nations, or a person located in, organised in or ordinarily resident in a country or region under comprehensive sanctions (at the time of writing Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk and Luhansk regions of Ukraine). You must not use the Service where doing so is prohibited, and you are responsible for knowing and following the law where you are, including any rules on trading digital assets. We may block addresses, regions or people at our discretion and need not say why.

You are responsible for determining and paying every tax that applies to what you do through the Service, in every jurisdiction that applies to you. We do not withhold, calculate, report or advise on tax, and the figures the Service shows are not tax records.

Do not use the Service:

• to break any law, or to help anyone else do so;
• to manipulate a market, wash trade, spoof, or coordinate a pump-and-dump;
• to launder money or evade sanctions;
• to impersonate any person, company or project;
• to post content that is unlawful, defamatory, hateful, harassing, sexual, violent, infringing or spam;
• to distribute malware or exploit a defect;
• to scrape, overload, probe or interfere with the Service;
• to get around limits, sponsorship rules or moderation.

Content you publish, meaning coin details and images, a handle, bio and avatar, chat messages and replies, is yours, is public, and is attributed to your wallet address. You grant us a worldwide, non-exclusive, royalty-free licence to host, store, display, reproduce and distribute it in connection with operating and promoting the Service. The licence ends when the content is deleted from our systems, except where it has already been shared onward or must be kept for legal reasons. You confirm you have the rights to what you post. We may hide, remove or refuse any content, and remove any coin from the interface, at our discretion and without notice. That affects what the Service displays and nothing on the chain.

If you believe content on the Service infringes your copyright, send us a notice (section 23) identifying the material and where it is, your contact details, a statement that you believe in good faith the use is not authorised, a statement under penalty of perjury that you are the owner or authorised to act for them, and your signature. We remove infringing content and may end the access of repeat infringers.

The Slyng app is an interface to the same Service, and these Terms apply to it. Before its public release the app is distributed through TestFlight as beta software: it may have defects, may change without notice, and may stop working when a build expires. Apple's TestFlight terms apply to beta builds.

The app is licensed to you, not sold, under Apple's Licensed Application End User License Agreement (the "Apple EULA"), which governs the licence to the app software itself; these Terms govern the Service. The licence is limited, non-transferable, and for use on Apple devices you own or control as the App Store rules allow. If these Terms and the Apple EULA conflict about the app software, the Apple EULA prevails.

As Apple requires, you and we agree that:

• these Terms are between you and Slyng only, not Apple, and Slyng alone is responsible for the app and its content;
• Apple has no obligation to provide maintenance or support for the app;
• if the app fails to conform to any warranty that applies, you may notify Apple and Apple will refund the purchase price, if any, to you; to the maximum extent permitted by law Apple has no other warranty obligation, and any other claim, loss, liability, damage, cost or expense attributable to a failure to conform to a warranty is Slyng's responsibility;
• Slyng, not Apple, is responsible for addressing any claim by you or a third party relating to the app or your possession or use of it, including product liability claims, claims that the app fails to conform to a legal or regulatory requirement, and claims under consumer protection, privacy or similar law;
• if a third party claims the app infringes its intellectual property rights, Slyng, not Apple, is responsible for the investigation, defence, settlement and discharge of that claim;
• you represent that you are not located in a country subject to a U.S. Government embargo or designated by the U.S. Government as a "terrorist supporting" country, and that you are not on any U.S. Government list of prohibited or restricted parties;
• you must comply with applicable third-party terms when using the app;
• Apple and its subsidiaries are third-party beneficiaries of these Terms as they relate to the app, and may enforce them against you.

Questions and complaints about the app go to us, not Apple, through section 23.

The Service is provided as is and as available. We may change, suspend, limit or discontinue any part of it at any time, with or without notice. We may end or restrict your access if you break these Terms, if the law requires it, or if we believe your use creates risk for us or for others. The contracts do not depend on the Service continuing to exist, and the funds they hold stay reachable through them directly. Sections 4, 6, 11, 13, 14 (the licence), 17, 18, 19, 20 and 21 survive any ending of these Terms or of your access.

To the fullest extent the law allows, the Service, the contracts we published, and everything on or through them are provided "as is" and "as available", without warranty of any kind, express, implied or statutory. We disclaim all warranties of merchantability, fitness for a particular purpose, title, non-infringement and accuracy, and any warranty arising from course of dealing or usage of trade. We do not warrant that the Service will be uninterrupted, timely, secure or error-free; that any figure it shows is accurate; that any transaction will be included in a block, sponsored, or executed at any price; that any coin has any value; or that any defect will be corrected. No advice or information from us creates a warranty.

Some places do not allow some of these exclusions, so some may not apply to you.

To the fullest extent the law allows, Slyng and its owner, contributors, service providers and licensors will not be liable for any indirect, incidental, special, consequential, exemplary or punitive damages, or for any loss of profits, revenue, tokens, digital assets, data, goodwill or opportunity, arising from or relating to the Service or these Terms, however caused and under any theory of liability, even if advised of the possibility. Without limiting that, we are not liable for losses from token price movements, a coin or its creator, smart contract defects, network failures, third-party services or assets, unauthorised access to your wallet, or your own transactions. Our total liability for all claims relating to the Service or these Terms will not exceed the greater of one hundred U.S. dollars (US$100) and the fees the protocol received from your own transactions in the twelve months before the claim.

These limits apply together and are fundamental to the bargain; the Service would not be offered without them. Some places do not allow some of these limits, so some may not apply to you.

You will defend, indemnify and hold harmless Slyng and its owner, contributors, service providers and licensors from any claim, demand, loss, liability, damage, cost and expense, including reasonable legal fees, arising from or relating to your use of the Service, a coin you launched or content you published, your breach of these Terms or of any law, your taxes, or your violation of anyone's rights. We may take over the defence of any matter you must indemnify, and you will cooperate with us.

Please read this section carefully. It affects your rights.

Talk to us first. Before starting a formal dispute, contact us (section 23) with a description of the problem and what you want, and give us 30 days to try to resolve it.

Binding arbitration. Any dispute, claim or controversy arising out of or relating to these Terms or the Service that is not resolved informally will be settled by binding individual arbitration administered by the American Arbitration Association under its Consumer Arbitration Rules, rather than in court. Either of us may instead bring an individual claim in small claims court, and either may ask a court for an injunction to stop infringement or misuse of intellectual property. The Federal Arbitration Act governs this section. The arbitrator, not a court, decides whether a dispute is subject to arbitration, has the same power to award individual relief as a court, and will apply these Terms. The arbitration will be held by video, by phone or on documents unless the arbitrator finds an in-person hearing necessary, in which case it will be in Sacramento County, California, or somewhere reasonably convenient for you.

No class actions. You and we agree that claims may be brought only in an individual capacity and not as a plaintiff or class member in any class, consolidated or representative proceeding, and that the arbitrator may not consolidate claims or preside over any form of representative proceeding. If this waiver is found unenforceable for a particular claim, that claim proceeds in court, not in arbitration, and the rest of this section stays in force.

No jury. To the extent a claim is heard in court, you and we each waive any right to a jury trial.

Opt-out. You may opt out of arbitration by sending us a notice (section 23) with your wallet address and a clear statement that you opt out, within 30 days of first accepting these Terms. Opting out does not affect any other part of the Terms.

Governing law and venue. The laws of the State of California and the Federal Arbitration Act govern these Terms, without regard to conflict-of-law rules. Any claim not subject to arbitration will be brought exclusively in the state or federal courts in Sacramento County, California, and you consent to their jurisdiction. Where the law allows it, any claim must be started within one year after it arises or it is permanently barred.

These Terms and the Privacy Policy are the whole agreement between you and us about the Service and replace any earlier one. If a provision is found unenforceable it is limited to the minimum extent needed and the rest stands. Our not enforcing a provision is not a waiver of it. You may not assign these Terms; we may assign them to a successor of the Service. We are not liable for delay or failure caused by anything outside our reasonable control, including network, provider and blockchain failures, attacks, outages, changes in law and acts of governments. You agree to receive notices electronically, through the Service or the channels in section 23. The Service may be subject to U.S. export control and sanctions law, and you must comply with it. Headings are for reading only. Nothing here creates a partnership, agency or employment between you and us.

We may change these Terms. A material change gets a new version number and effective date at the top, and you will be asked to accept it again before continuing to use the Service with your wallet. Using the Service after a change means you accept it. If you do not accept, stop using the Service.

Write to Zenith Asset Management LLC at dakota@zenithassets.io. You can also reach us through the X account or the Telegram group linked in the site footer, but send legal notices and privacy requests by email.