Disclaimer and Terms of Service
Introduction
Quantum DAO is an open-source initiative focused on protecting the blockchain industry from the threats posed by quantum computing. By using the Quantum DAO dApp (the "App"), you agree to comply with and be bound by the following terms and conditions (the "Terms"). Please review them carefully. If you do not agree to these Terms, you should not use this App.
Definitions
Quantum DAO: An open-source initiative supporting the development of quantum-resistant technologies.
App: The Quantum DAO decentralized application.
User: Any individual or entity that interacts with the App.
$QTDAO Tokens: The native tokens used within the Quantum DAO ecosystem.
Smartest Minds: Select experts and community-elected leaders guiding Quantum DAO.
Purpose and Scope
Quantum DAO aims to fund and support projects that develop quantum-resistant technologies and educate the community about the associated risks. The DAO operates under a decentralized governance framework.
Eligibility
By using this App, you affirm that you are at least 18 years old and possess the legal capacity to enter into these Terms. You are responsible for ensuring that your use of the App complies with all laws and regulations applicable to you.
No Financial or Investment Advice
The information provided on the App does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Quantum DAO does not endorse or recommend any particular investment.
Risks
Using the App involves risks, including but not limited to the potential loss of $QTDAO tokens and other digital assets. You acknowledge and agree that you use the App at your own risk.
Governance and Voting
Quantum DAO operates under a decentralized governance framework. Users can submit proposals by burning $1,000 worth of $QTDAO tokens. Proposals are reviewed by the Smartest Minds and can be voted on by the community using $QTDAO tokens.
Proposals
Users can submit proposals to Quantum DAO, which must be endorsed by at least three Smartest Minds before being voted on by the community. Proposals can be refined and resubmitted once before requiring an additional token burn.
Transaction Fees
A 5% fee is applied to each buy or sell transaction of $QTDAO tokens.
The fee is allocated as follows:
- 2.5% swapped to WETH and sent to the deployer wallet.
- 1% transferred to the treasury in $QTDAO tokens.
- 1.5% swapped to WETH and sent to the treasury.
Intellectual Property
All content on the App, including text, graphics, logos, and software, is the property of Quantum DAO or its licensors and is protected by intellectual property laws.
Limitation of Liability
Quantum DAO, its affiliates, and its contributors shall not be liable for any direct, indirect, incidental, special, or consequential damages arising from the use or inability to use the App, even if advised of the possibility of such damages.
Indemnification
You agree to indemnify and hold harmless Quantum DAO, its affiliates, and its contributors from any claims, losses, damages, liabilities, and expenses (including attorneys' fees) arising out of your use of the App.
Modifications
Quantum DAO reserves the right to modify these Terms at any time. Your continued use of the App following any changes signifies your acceptance of the revised Terms.
Governing Law
These Terms shall be governed by and construed in accordance with the laws of the jurisdiction in which Quantum DAO operates, without regard to its conflict of law principles.
Contact Information
If you have any questions or concerns about these Terms, please contact us at [email protected].
By using the Quantum DAO App, you acknowledge that you have read, understood, and agree to be bound by these Terms.