OASIS / LEGAL — TERMS OF SERVICE
These terms govern your use of the Oasis app. Oasis is non-custodial software — you keep control of your funds at all times. Read them, and the risks, carefully.
The Oasis app is provided by [Oasis operating entity — name, entity type and jurisdiction] (“Oasis”, “we”, “us”). By accessing or using the app, you agree to these Terms and to our Privacy Policy. If you do not agree, do not use the app.
Oasis is a non-custodial software interface to smart contracts on Robinhood Chain. It lets you deposit a supported stablecoin so that your principal is supplied to an on-chain lending market, and spend only the interest that accrues — never the principal. That rule is enforced by the smart contract itself.
The app is in early access, with deposit limits while we scale up. Features may change, pause, or be removed, and the software is provided “as is” and “as available”. Do not deposit anything you are not prepared to lose.
You represent that you are at least 18, have legal capacity, are not in or a resident of a prohibited or sanctioned jurisdiction, are not subject to sanctions, and that your use complies with the laws that apply to you, including tax obligations.
When you deposit, your principal is supplied to a third-party ERC-4626 lending venue and begins accruing interest. Your principal remains locked to spending by the contract and withdrawable by you at any time through the contract’s withdrawal path.
Interest is variable and not fixed, promised or guaranteed. If the venue loses value, a position may become impaired and settle at its real, reduced value on a pro-rata basis. If you authorize a delegated spender, it may draw interest up to the allowance you set until it expires or you revoke it.
Prepaid cards bought through the app are supplied by a third-party provider under its own terms. A future Oasis card, if offered, would be issued by a regulated issuing partner subject to identity verification (KYC). Oasis is not a card issuer, a bank, or a money-services business.
You agree not to use the app for any unlawful purpose, including money laundering, terrorist financing, sanctions evasion or fraud; not to attack or interfere with the contracts, interface or networks; and not to circumvent eligibility or geographic restrictions.
The Oasis name, brand, interface and content are owned by [Oasis operating entity — name, entity type and jurisdiction] or its licensors. Open-source components (including the vault contract, adapted from MIT-licensed source) are provided under their own licenses.
The app depends on third parties we do not control, including Robinhood Chain, RPC providers, wallet software, the lending venue and the card provider. We are not responsible for their acts, omissions or availability.
To the maximum extent permitted by law, the app is provided “as is” and “as available”, without warranties of any kind, express, implied or statutory.
To the maximum extent permitted by law, [Oasis operating entity — name, entity type and jurisdiction] and its affiliates will not be liable for indirect, incidental, special, consequential or punitive damages, or any loss of profits, assets or data, arising from your use of the app.
You agree to indemnify and hold harmless [Oasis operating entity — name, entity type and jurisdiction] and its affiliates from claims arising out of your use of the app or your violation of these terms or any law.
Nothing in the app or these terms is financial, investment, legal, accounting or tax advice.
These terms are governed by the laws of [jurisdiction]. [Dispute-resolution and class-action waiver terms to be set by counsel.]
We may update these terms and will revise the “Last updated” date. Continued use after an update means you accept the revised terms.
Questions about this terms of service? Reach the team at team@oasis.local. For security reports, please use a private channel rather than a public issue.