Legal Disclaimers

An overview of legal disclaimers.

dYdX Foundation’s purpose is to support the current implementation and any future implementations of the dYdX protocol and to foster community-driven growth in the dYdX ecosystem.

The wethDYDX Smart Contract, the GovernanceStrategyV2 Smart Contract, the TreasuryBridge Smart Contract, and the User Interface Code referred to in this documentation (the “Relevant Software”) are solely open-sourced software to be used or implemented by any party in accordance with the applicable open-source license (including, potentially, by the dYdX ecosystem), if desired, and not a product or service provided or enabled by the dYdX Foundation.

To interact with the wethDYDX Smart Contract, each user has the choice of using a user interface (if any are provided by a third party, as set forth below) or connecting directly to the wethDYDX Smart Contract. The dYdX Foundation will not provide a user interface or front-end related to a potential migration of ethDYDX tokens to the dYdX Chain. Interactions with the Relevant Software are permissionless and disintermediated, subject to the terms of the licensing and code. Users who interact with the Relevant Software will not be interacting with the dYdX Foundation in any way whatsoever. The dYdX Foundation has no control over the use that people make of the Relevant Software, including, without limitation, with regard to (i) potential deployments of the Relevant Software, (ii) potential adaptations, forks or modified versions of the Relevant Software, and their deployment, or (iii) users’ interactions with the Relevant Software. The dYdX Foundation does not make any representations or warranties in connection with the Relevant Software, including (without limitation) with regard to its actual or potential utility or fitness for any particular purpose. The dYdX Foundation will not operate any part of the Relevant Software (or any versions or adaptations thereof) nor will it be responsible for their continued availability.

Due to the open-source nature of the User Interface Code, it is possible that there will be multiple third parties that leverage such open-source code to provide front-end solutions in connection with a potential migration of the ethDYDX token from Ethereum to the dYdX Chain (“Bridging Solutions”). The dYdX Foundation will not audit and therefore will not be in a position to make, and does not make, any representations, warranties or disclosures with regard to any potential Bridging Solutions. Any Bridging Solutions will have no connection to and are not endorsed in any way by the dYdX Foundation. We encourage readers to conduct their own research and due diligence on the Relevant Software and on any Bridging Solutions that may exist, now and/or in the future.

We encourage readers to remain vigilant and only rely on information coming from legitimate sources, as we anticipate an increase in potential scams and phishing attacks via social media, messaging apps, and websites.

This documentation contains one of many multiple approaches that can be considered in connection with the subject matter hereof. Nothing in this documentation should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act by anyone. The dYdX Foundation makes no recommendation as to how to vote on any proposal in dYdX governance related to a potential migration or otherwise, whether to migrate any assets to the proposed new dYdX Chain, or to take any action whatsoever. The dYdX community is sovereign to make decisions freely and at its sole discretion, in accordance with the governance rules, principles, and mechanisms adopted by the dYdX DAO. dYdX community discussion and interaction on the contents of this post are encouraged. The dYdX Foundation does not directly participate in governance decisions to be made by the dYdX community, including, without limitation, by making and/or voting on governance proposals.

The dYdX Foundation may alter or update any information in this post in the future and assumes no obligation to publicly disclose any such change. This post is solely based on the information available to the dYdX Foundation at the time it is made and should only be read and taken into consideration at the time it is made and on the basis of the circumstances that surround it. The dYdX Foundation makes no guarantees of future performance and is under no obligation to undertake any of the activities contemplated herein, including but not limited to the direct or indirect open-sourcing of any commissioned code.