Hawaii 2025 Event Reward! Click here to purchase an Elevate Node through Connect

Terms of Service

Elevate Blockchain Ecosystem (elevate-trading.xyz, elevatescan.com, elevate.node-governance.io and associated services)

Last Updated: December 3, 2025

Effective Date: December 3, 2025

Welcome to Elevate. The following Terms of Service (“Terms”) govern your access to and use of all websites, decentralized applications (dApps), blockchain explorers, governance portals, smart contracts, and any other services (collectively, the “Services”) provided by the Elevate blockchain project (“Elevate,” “we,” “us,” or “our”). These Terms incorporate and are subject to the latest U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) regulations, including but not limited to the GENIUS Act (Public Law No. 119-27, signed July 18, 2025), the Digital Asset Market Clarity (CLARITY) Act of 2025, Project Crypto, and the CFTC's Crypto Sprint initiatives as of 2025. Elevate is designed to comply with applicable exemptions for decentralized protocols under these frameworks, including innovation exemptions for peer-to-peer DeFi activities and safe harbors for sufficiently decentralized systems.

Elevate is a fully decentralized, non-custodial, open-source protocol. By accessing or using any of the Services, you agree to be bound by these Terms, including all referenced regulatory requirements. If you do not agree, do not access or use the Services. Elevate does not provide regulated financial services and operates exclusively as software facilitating self-directed, non-intermediated blockchain interactions in compliance with SEC and CFTC guidance on DeFi protocols.

1. Decentralized and Non-Custodial Nature

1.1 Elevate operates as a decentralized protocol in accordance with SEC and CFTC definitions of DeFi under the CLARITY Act, enabling peer-to-peer transactions without intermediaries, custody, or centralized control. We do not hold, control, or have access to your private keys, funds, or personal data stored on-chain.

1.2 All interactions occur directly with audited, open-source smart contracts deployed on the Elevate blockchain and compatible networks, qualifying for regulatory exemptions for non-security digital commodities and sufficiently decentralized systems as per 2025 SEC Staff Statements on staking and mining activities.

1.3 Transactions are final and irreversible once confirmed on the blockchain, consistent with blockchain immutability principles upheld in SEC and CFTC enforcement precedents.

2. Eligibility and Jurisdictional Compliance

2.1 You must be at least 18 years old or of legal age in your jurisdiction and comply with all applicable U.S. and international laws, including SEC and CFTC restrictions on digital assets. By using the Services, you represent and warrant that you meet these requirements and are not a prohibited person under any sanctions or regulatory regime.

2.2 Access to Services is restricted in jurisdictions where DeFi protocols are prohibited, including but not limited to sanctioned countries under OFAC, EU, or UN lists. Users in the United States must ensure compliance with the GENIUS Act for stablecoin interactions and CLARITY Act jurisdictional boundaries for spot and derivatives trading.

3. Prohibited Jurisdictions, Restricted Activities, and Sanctions Compliance

3.1 You may not use the Services if you are located in, or a citizen or resident of, any prohibited jurisdiction, or if you appear on sanctions lists maintained by the United States (OFAC), European Union, United Nations, or other authorities.

3.2 Prohibited activities include any that could implicate SEC or CFTC registration requirements, such as offering unregistered securities, derivatives without CFTC oversight, or leveraged products outside innovation exemptions. Elevate does not facilitate such activities and users must independently verify compliance.

3.3 All users must adhere to Bank Secrecy Act (BSA) and anti-money laundering (AML) obligations, including know-your-customer (KYC) where applicable to their interactions. Elevate's decentralized structure does not perform KYC/AML but relies on user self-certification of compliance.

4. Risks Acknowledgment and Regulatory Disclosures

4.1 You understand and accept the inherent risks of blockchain and DeFi, including:

Permanent loss of funds due to user error, smart contract vulnerabilities, or exploits (mitigated by Elevate's audited code and on-chain transparency).

Price volatility, regulatory changes (e.g., under Project Crypto or Crypto Sprint), and legal uncertainty.

Network congestion, liquidation risks in liquidity provision, and MEV (miner extractable value) exposures.

Specific to 2025 regulations: Potential reclassification of tokens as securities under the Howey Test if not sufficiently decentralized; derivatives risks under CFTC perpetual contracts guidance. 4.2 Elevate tokens and activities are designed as non-security digital commodities under CLARITY Act criteria (intrinsically linked to a mature blockchain, decentralized governance, no ownership rights). Users should consult legal counsel to confirm. 4.3 You are solely responsible for evaluating risks and ensuring your use complies with SEC/CFTC rules, including tokenized collateral requirements under the CFTC's 2025 stablecoins initiative.

5. No Financial, Investment, Legal, or Tax Advice; Regulatory Disclaimer

5.1 Nothing in the Services, websites, documentation, or community channels constitutes financial, investment, legal, tax, or professional advice. Elevate is not a broker-dealer, exchange, or investment adviser under SEC or CFTC definitions.

5.2 Users must consult qualified professionals and independently verify compliance with laws like the Securities Act of 1933, Commodity Exchange Act, and 2025 amendments. Elevate disclaims any role in investment decisions.

6. Intellectual Property, Open-Source Software, and Protocol Integrity

6.1 Front-end interfaces and source code are licensed under open-source licenses (MIT, GPL-3.0, Apache-2.0), subject to terms promoting transparency and auditability as required for DeFi compliance. You may review, fork, and contribute, but must maintain decentralization standards.

6.2 “Elevate” trademarks are community-owned. Unauthorized use implying SEC/CFTC endorsement is prohibited.

6.3 All smart contracts are audited and verifiable on-chain, aligning with SEC guidance on protocol staking and CFTC requirements for derivatives integrity.

7. Prohibited Activities and Compliance Obligations

7.1 You agree not to:

© 2025 Elevate. Elevate United DAO LLC. All Rights Reserved.