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CHAIN⛓HAVEN

CHAIN⛓HAVENCHAIN⛓HAVENCHAIN⛓HAVEN
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CHAIN⛓HAVEN

CHAIN⛓HAVENCHAIN⛓HAVENCHAIN⛓HAVEN
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Important

  • Chain Haven runs on a decentralized platform.
  • Your funds are allocated in a smart contract. 
  • Code of smart contract is public and open-source.
  • This does not prevent bugs and hackers.
  • Only you can access and control your assets.
  • You can withdraw your funds from vault on-demand.
  • Any actions you take could cause a potential loss of funds.
  • Be sure to re-check all addresses / transactions beforehand. 

Risks


  • Chain Haven is NOT selling, offering, or issuing a token.
  • Vault tokens received in exchange represent your assets in the vault.
  • Vault tokens have no value, they are how you redeem your assets.
  • We will NEVER ask you to send us funds as no money flows through us.
  • We NEVER have custody-can’t access assets within the vaults.
  • We can NOT control the decentralized networks & smart contracts.
  • The VV does NOT buy or sell securities.
  • Chain Haven does NOT give investment advice.


You alone are solely responsible for determining whether any investment, strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. We do not provide financial planning services. Investing involves risks and may result in the loss of some or all of the principal invested, you should do your own research. You should seek professional advice (legal, taxation, financial, technical or otherwise) regarding your particular situation before investing. Past performance may not be indicative of future results and there can be no assurance that the Havens will achieve comparable results.



The latest audit of the smart contracts can be found here




TAXES / LAWS


There is no FDIC, SIPC, or other government-backed protection for digital assets. Digital Assets held by Havens are not subject to FDIC or SIPC protections. Havens are not a banking institution or otherwise a member of the Federal Deposit Insurance Corporation (“FDIC”) or Securities InvestorProtection Corporation (“SIPC”) and, therefore, assets held by the Haven are not subject to the protections enjoyed by depositors with FDIC or SIPC member institutions.


Tax treatment and accounting. Assets may be subject to the tax laws and regulations in any applicable jurisdictions. The tax treatment and accounting of transactions in relation to assets is uncertain and a largely untested area of law and practice that is subject to prospective and retroactive changes without notice. Tax treatment of cryptographic assets and cryptocurrencies may vary amongst jurisdictions.


Jurisdiction related risks. Residents, Tax residents or persons having a relevant connection with certain jurisdictions are excluded from investing in certain assets or interacting with certain platforms. Changes in your place of domicile or the applicable law may result in you violating any legal or regulatory requirements of your applicable jurisdiction. You are responsible for ensuring that the acquisition, delivery, holding, use or exchange of assets is, and remains lawful despite changes to applicable laws, your residence and circumstances.


Unknown risks. DeFi is a fast-evolving investment technique. There are things that will be discovered in the development process which at this point cannot be predicted. We may not yet know all the risks that will be associated with any particular platform or asset.


~

PROTOCOL / TECH


Reliance on technology. DeFi products rely on sophisticated software applications, many of which in turn rely on Ethereum or similar or competing technology. Ethereum and most other similar technology is open source software that is built upon experimental technology, namely blockchain. Risks arising from technology include (but are not limited to): (a) the existence of technical flaws; (b) targeting by malicious persons; (c) majority-mining, consensus-based or other mining attacks; (d) changes in consensus protocol or algorithms; (e) decreased community or miner support; (f) rapid fluctuations in the value of the underlying crypto; (g) the existence or development of competing networks and platforms; (h) the existence or development of Forked versions; (i) flaws in the Solidity (or other) scripting language; (j) disputes between developers, miners and/or users; and (k) regulatory action.


Source code changes and flaws. The various source codes used in the assets and platforms is subject to change and may at any time contain one or more defects, weaknesses, inconsistencies, errors, or bugs.


Loss of private key is permanent and irreversible. You alone are responsible for securing your private key. Losing control of your private key will permanently and irreversibly deny you access to your assets. Neither we nor any other person will be able to retrieve or protect your assets. Once lost, you will not be able to transfer your assets to any other address or wallet. You will not be able to realise any value or utility that the asset may hold now or in future.


Targeting of assets and platforms by malicious persons. Assets and platforms may be targeted by malicious persons who may attempt to steal assets or otherwise interfere with the correct operation of a platform. This includes (but is not limited to) interventions by way of: (a) distributed denial of service; (b) Sybil Attacks; (c) phishing; (d) social engineering; (e) hacking; (f) smurfing; (g) malware; (h) double spending; (i) majority-mining, consensus-based or other mining attacks; (j) misinformation campaigns; and (k) spoofing.


Cryptographic advancements. Developments in cryptographic technologies and techniques, including the advancement of artificial intelligence and/or quantum computing, pose security risks to all cryptography-based systems including assets and any DeFi or other platform. Applying these technologies and techniques to assets and/or a platform may result in theft, loss, disappearance, destruction, devaluation or other compromises of assets, the platform, or your data.


Targeting by malicious persons. Malicious entities may target you in an attempt to steal any assets or cryptocurrencies that you may hold, or to claim any assets that you may have purchased. This may involve unauthorised access to your Digital Wallet, your private keys, your cryptocurrency addresses, your email or social media accounts, as well as unauthorised access to your computer, smartphone and any other devices that you may use. You alone are responsible for protecting yourself against such actions.


Volatility of Assets. The value of assets may be highly volatile. Factors such as market dynamics, regulatory actions and changes, technical advancements, as well as broader economic and political factors, may cause the value of assets to change significantly over a short period of time. In addition, there may be insufficient liquidity to support an active market in assets, or the market in assets may become susceptible to market manipulation.


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All rights reserved. The materials on this website are for illustration and discussion purposes only. No content published on this Site or Services is intended to provide tax, legal, insurance or investment advice, and nothing should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any asset by Chain Haven or any third party. We make no implied or express guarantee to the accuracy or completeness of the content, opinions, or ideas expressed in our Site and Services. 


You alone are solely responsible for determining whether any investment, strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. We do not provide financial planning services. Investing involves risks and may result in the loss of some or all of the principal invested, you should do your own research. Past performance may not be indicative of future results.

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