Last Updated: 2025-07-07

PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY AND IN THEIR ENTIRETY BEFORE PROCEEDING. THESE TERMS CONSTITUTE A LEGALLY BINDING AGREEMENT.
Welcome to LEA. These Terms & Conditions (“Terms”) constitute a legally binding agreement between you (“you,” “your,” or “user”) and the LEA protocol, which is a foundational Layer 1 blockchain, including its associated open-source smart contracts, underlying blockchain software, decentralized applications (dApps), user interfaces, documentation, $LEA tokens, and any related services, functionalities, or governance mechanisms operated or facilitated by the LEA decentralized autonomous organization (“LEA,” “the protocol,” “the DAO,” “we,” “us,” or “our”).
By engaging with, interacting with, acquiring $LEA tokens from, participating in the governance of, or otherwise utilizing any aspect of LEA, you explicitly acknowledge, confirm, represent, and warrant that you have diligently and carefully read, thoroughly understood, and unequivocally agreed to be legally bound by all provisions set forth in these Terms, without any reservations or conditions. If you do not agree with any single provision or aspect of these Terms, you are expressly and strictly prohibited from accessing, using, interacting with, or participating in LEA in any manner whatsoever, and you must immediately cease all such activities. Your continued access to or use of LEA, in whole or in part, subsequent to the Effective Date, signifies your full, unconditional, and binding acceptance of these Terms.

Fundamental Nature and Functionality of $LEA Tokens and Their Acquisition Process

1.1 Definitive Classification of $LEA Tokens as Pure Utility Tokens
The $LEA tokens are specifically designed and fundamentally classified as pure utility tokens. They are NOT intended, represented, or sold, nor should they ever be construed or interpreted by any party, as representing or conferring any rights typically associated with traditional capital market investment vehicles, securities (as stringently defined under the securities laws and regulations of any and all applicable jurisdictions globally), equity shares, debt instruments, derivatives, partnership interests, investment contracts, collective investment schemes, or any other form of regulated financial product, instrument, or investment. Their singular and exclusive application logic, inherent utility, and defined purpose are strictly confined within the LEA-specific system framework and the operational mechanics of the LEA Layer 1 blockchain architecture.

1.2 Enumeration of Exclusive Application Logic and Utility Within the LEA Ecosystem
As a foundational Layer 1 blockchain protocol, the primary, exclusive, and exhaustive functionalities and use cases of $LEA tokens within the LEA ecosystem include, without limitation and as defined by the protocol’s immutable smart contracts:

1.2.1 Network Governance and Decentralized Decision-Making: $LEA tokens confer non-transferable and non-severable voting rights, enabling holders to directly participate in the decentralized governance of the LEA protocol. This encompasses the ability to submit, review, deliberate upon, and cast votes on critical protocol upgrades, modifications to system parameters, treasury management proposals, allocation of ecosystem funds, and other strategic initiatives that directly impact the future direction, development, and decentralized operation of the LEA DAO.

1.2.2 Protocol Interaction and Access Mechanism: $LEA tokens may be required for or enable specific interactions with the LEA protocol’s core smart contracts or with decentralized applications (dApps) built directly upon the LEA blockchain.

1.2.3 Ecosystem-Native Transaction Fees (Gas Analog): $LEA tokens are utilized to pay transaction fees, processing costs, or “gas” costs associated with operations executed on the LEA Layer 1 blockchain or within the LEA ecosystem, serving as the native currency for network resource consumption.

1.2.4 Participatory Mechanisms and Network Alignment (e.g., Staking and Slashing): $LEA tokens can be locked or “staked” by holders to actively contribute to the security, integrity, and operational robustness of the LEA Layer 1 network. This includes participation in consensus mechanisms, validating transactions, or qualifying for potential protocol-generated rewards as a direct incentive for their active participation and contribution to the protocol’s stability.
1.3 Unequivocal Disclaimer Regarding Investment Contract Formation and Expectations of Returns
The preliminary acquisition of $LEA tokens during any initial allocation period is not and shall not be interpreted as a transactional act in the sense of a capital market investment, the acquisition of a security, or any regulated financial product. No portion of this acquisition process, implied or explicit, is designed to, nor does it, create any expectation of profit derived from the efforts of others, or any right to participate in the profits of LEA or any affiliated entities. You are acquiring utility, not an investment.

1.4 Rigorous Earmarking of Monetary Inflows for Infrastructural and Operational Development
Any and all monetary inflows, financial contributions, or other forms of capital generated during the initial allocation phase of $LEA tokens or any subsequent token distribution events are rigorously, strictly, and exclusively earmarked for the dedicated purpose of infrastructural proliferation, technological advancement, and operational scaling of the LEA Layer 1 blockchain architecture and its overarching ecosystem.

1.5 Explicit Disclaimer of Derivative Rights: No Co-Ownership, Profit Participation, or RWA Entitlements
Any token allocation to you does not and shall not grant, convey, imply, or vest in you any derivative rights, co-ownership, equity interest, profit-based participation, or entitlements in any real-world asset (RWA) initiatives.

1.6 Unambiguous Voluntary Nature of Participation and Disclaimer of Investment Contract Formation
Your participation in the acquisition process of $LEA tokens is undertaken entirely on a voluntary basis, driven solely by your independent decision and assessment of the token’s utility. Under no circumstances whatsoever must your decision to acquire $LEA tokens be interpreted or construed as the formation of an investment contract.

Conflict Resolution Mechanism
2.1 Primary Reliance on Community Deliberation and Decentralized Governance
Recognizing and upholding the foundational principles of LEA’s decentralized autonomous structure, token holders and all other participants are strenuously encouraged to first attempt to deliberate, negotiate, and transparently resolve any and all conflicts, disputes, disagreements, claims, or controversies arising out of or in connection with these Terms through the established LEA decentralized governance mechanisms.
2.2 Mandatory and Binding Arbitration for Unresolved Disputes
Should a dispute, claim, or controversy remain entirely unresolved after a good-faith attempt to exhaust the prescribed community deliberation processes, then all such disputes, claims, or controversies shall be settled exclusively and finally through binding arbitration. The arbitration shall be seated in Zurich, Switzerland and conducted in the English language in accordance with the Swiss Rules of International Arbitration of the Swiss Arbitration Centre in force on the date on which the Notice of Arbitration is submitted. The award rendered by the arbitrator shall be final, non-appealable, and binding on all disputing parties.

Governing Law and User Compliance Obligations
3.1 Governing Law
These Terms and any dispute or claim arising out of or in connection with them or their subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the substantive laws of Switzerland, without regard to its conflict of law provisions. The United Nations Convention on Contracts for the International Sale of Goods (CISG) shall not apply.

3.2 User’s Sole Responsibility for Local Compliance
Notwithstanding the governing law of these Terms, it is solely, absolutely, and non-delegably your responsibility to ascertain, understand, and ensure that your access to, interaction with, and participation in LEA, including but not limited to the acquisition, holding, staking, and use of $LEA tokens, fully and continuously comply with all relevant local, municipal, state, provincial, national, and international laws, statutes, regulations, and orders that apply to you based on your country of origin, country of residence, or physical location (“Applicable Local Laws”). This includes, but is not limited to, compliance with all applicable securities, financial, tax, and sanctions laws. LEA makes no representation, warranty, or guarantee whatsoever that the LEA protocol or $LEA tokens are compliant with the specific laws of any particular jurisdiction.

Unequivocal Disclaimer of Fiduciary Duty, Partnership, Joint Venture, or Agency
4.1 Absolute Disclaimer of Fiduciary Relationship
By accessing, interacting with, or participating in LEA, you expressly, irrevocably, and unequivocally acknowledge and agree that no fiduciary relationship is created, exists, or shall ever be deemed to exist between you and LEA, its core contributors, developers, or any other LEA token holders or participants.

4.2 Explicit Denial of Partnership, Joint Venture, or Agency Formation
Your participation in LEA does not establish, nor shall it be construed as establishing, any form of partnership, joint venture, or agency relationship between you and LEA or any other participant.

4.3 Unconditional “As Is” and “As Available” Basis of Provision
All access to and participation in LEA, including the use of its protocol, software, smart contracts, and $LEA tokens, are provided strictly and unconditionally on an “as is” and “as available” basis, without any warranties, guarantees, or representations of any kind.

Granular Risk Disclosures
Participation in LEA, including the acquisition, holding, and use of $LEA tokens, involves an exceptionally high degree of risk. You explicitly acknowledge, confirm, and unequivocally agree that you have been fully informed of, thoroughly understand, and voluntarily assume all of the following risks:

5.1 Extreme Price Volatility and Irreversible Loss of Value: The price of $LEA tokens and all other digital assets is notoriously volatile and can fluctuate dramatically, rapidly, and unpredictably. The market value of $LEA tokens may decline rapidly and significantly, potentially to zero.

5.2 Comprehensive and Multi-faceted Technological Risks: The LEA protocol and its smart contracts are experimental and may contain inherent errors, bugs, vulnerabilities, or exploits that could lead to the permanent loss, theft, or freezing of your digital assets. Cybersecurity breaches, protocol failures, network disruptions, and the irreversibility of blockchain transactions are all material risks.

5.3 Significant and Unpredictable Regulatory and Legal Risks: The regulatory landscape governing digital assets is uncertain and constantly evolving. Regulatory bodies may take the position that $LEA tokens constitute securities, which could have severe detrimental consequences. New laws, regulations, or enforcement actions could directly impact the value, legality, or usability of $LEA tokens.

5.4 Decentralization and Governance Specific Risks: Decentralized governance can be susceptible to manipulation, such as through concentrated token holdings or governance attacks. There may be an inherent reliance on core contributors, and the lack of a central authority means there is no traditional customer support or centralized recourse for losses.

5.5 Market and Liquidity Risks: There is no guarantee that a liquid secondary market for $LEA tokens will develop or be sustained. You may find it difficult or impossible to sell your $LEA tokens at a desired price, or at all.

5.6 General Inherent Risks of Cryptographic Systems and Digital Assets: The loss, theft, or compromise of your private keys associated with your blockchain wallet will result in the permanent, irreversible, and unrecoverable loss of your tokens. LEA cannot assist in the recovery of lost private keys.

Comprehensive User Responsibilities and Binding Conduct Guidelines
By accessing, interacting with, or participating in LEA, you expressly agree, covenant, and warrant to utilize LEA and $LEA tokens only for lawful and ethical purposes, assume full and absolute responsibility for maintaining the security of your private keys and wallet credentials, and engage with the LEA community in a respectful and constructive manner. You shall not attempt to exploit any vulnerabilities in the protocol or interfere with its proper functioning.

Intellectual Property Rights (Unwavering Open Source Philosophy)

7.1 Comprehensive Open-Source Software Under MIT License
All software and underlying code that comprises the LEA protocol, including its core smart contracts, Layer 1 blockchain implementation, and key libraries such as the LEA Web3.js library, are categorically open source and released under the highly permissive MIT License. This licensing choice is a fundamental pillar of LEA’s unwavering commitment to absolute transparency, collaborative development, and permissionless innovation.

7.2 Explicit Open-Source Brand Identity (Name and Logo)
Consistent with its deeply ingrained decentralized and open-source philosophy, the LEA brand name (“LEA”) and its associated logo are also explicitly, irrevocably, and unconditionally released for public use by anyone, anywhere, without any intent, claim, or assertion of traditional trademark, copyright, or patent protection by LEA in any jurisdiction.

Explicit Disclaimer of Brand Protection and Acknowledgement of Associated Risks
LEA explicitly and unequivocally disclaims any present or future intent to register, claim, enforce, or assert any exclusive intellectual property rights over its name (“LEA”) or logo. You expressly acknowledge and understand the significant implications and inherent risks stemming from this decision, including the substantial risk of brand confusion, misappropriation, and dilution by third parties. LEA assumes no responsibility or liability whatsoever for any such third-party use or any damage or loss you may incur due to such misidentification.

Comprehensive Limitation of Liability and Absolute Disclaimer of Warranties
9.1 Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WHATSOEVER SHALL LEA, ITS CORE CONTRIBUTORS, DEVELOPERS, OR ANY PERSON OR ENTITY ASSOCIATED WITH THE LEA PROTOCOL (COLLECTIVELY, THE “LEA PARTIES”), BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO, LOSS OF ACTUAL OR ANTICIPATED PROFITS, REVENUES, DATA, USE, OR GOODWILL.

9.2 Strict Aggregate Liability Cap
NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, AND TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE TOTAL AGGREGATE LIABILITY OF THE LEA PARTIES TO YOU FOR ANY AND ALL DAMAGES, LOSSES, AND CAUSES OF ACTION EXCEED THE LESSER OF: (A) THE AGGREGATE AMOUNT ACTUALLY PAID BY YOU, IF ANY, FOR ACCESSING OR PARTICIPATING IN LEA; OR (B) ONE HUNDRED UNITED STATES DOLLARS ($100.00 USD).

9.3 Absolute Disclaimer of Warranties
LEA, INCLUDING its protocol, software, smart contracts, and $LEA tokens, are provided on an “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT ANY WARRANTIES, GUARANTEES, OR REPRESENTATIONS OF ANY KIND WHATSOEVER, EITHER EXPRESSLY STATED, IMPLIED, OR STATUTORY. THE LEA PARTIES ABSOLUTELY AND UNEQUIVOCALLY DISCLAIM ALL WARRANTIES, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.

Indemnification and Hold Harmless
You agree to fully indemnify, defend, and hold harmless the LEA Parties from and against any and all claims, liabilities, damages, losses, demands, costs, and expenses (including reasonable attorneys’ fees) arising out of or in any way connected with: (a) your access to or use of LEA; (b) your material breach of any provision of these Terms; or (c) your violation of any Applicable Local Laws or the rights of any third party.

Changes to These Terms of Use
LEA reserves the absolute and sole right to update, modify, revise, or replace these Terms at any time. Such changes may be necessary to reflect alterations in protocol functionality, evolving legal requirements, or governance decisions. It remains your sole and non-delegable responsibility to periodically and diligently review these Terms for any updates. Your continued access to or use of LEA subsequent to any changes constitutes your full, unconditional, and legally binding acceptance of the revised Terms.

Severability
If any provision of these Terms is found by a court of competent jurisdiction or an arbitrator to be invalid, unlawful, or unenforceable, then that provision shall be deemed severable from these Terms and shall not affect the validity and enforceability of any remaining provisions.

Entire Agreement
These Terms, as they may be updated from time to time, constitute the entire agreement and understanding between you and the LEA protocol regarding your access to and use of LEA, superseding all prior or contemporaneous agreements.

No Waiver
No failure or delay by LEA in exercising any right, power, or privilege under these Terms shall operate as a waiver thereof.

Headings for Convenience Only
The headings and subheadings used in these Terms are for convenience of reference only and shall not in any way affect the meaning or interpretation of the provisions herein.

Data and Blockchain Transparency (Informational Note)
You acknowledge that due to the nature of blockchain technology, certain information regarding your transactions with LEA may be recorded on a publicly accessible and immutable ledger.
By accessing, interacting with, or using LEA, you acknowledge that you have carefully read, fully understood, and expressly agreed to these comprehensive Terms & Conditions.
For any further inquiries or clarification regarding these Terms, please contact: [support@getlea.org]