# Yala Fair Value Intelligence for the Prediction Economy Yala is evolving into an AI-native fair-value agent designed to provide reliable probability signals for prediction markets worldwide.
Prediction markets are increasingly important mechanisms for pricing information and uncertainty, but they currently lack a systematic, high-accuracy fair-value reference. Yala addresses this gap by developing AI agents capable of generating calibrated, verifiable probability estimates that can serve as fair-value signals across prediction markets. Yala is not designed as a primary alpha engine for spot or perpetual trading, where trend-following signals typically dominate over probabilistic pricing.
This documentation explains Yala’s core concepts, roadmap, and technical architecture as defined in the Yala 2.0 roadmap. While the application is not yet live, the documentation reflects the intended system design and staged development plan.
# Introduction ### What Is Yala 2.0? Yala 2.0 is an AI-native fair-value agent system for global prediction markets. The system is designed to: * Generate probability estimates for future outcomes * Act as a fair-value reference for prediction markets * Improve predictive accuracy and decision quality * Make advanced probabilistic tools accessible to a broader set of users Yala does not operate a prediction market. Instead, it produces fair-value probability signals that users, agents, and markets can use to evaluate prices and decisions. ### The Problem: Missing Fair Value in Prediction Markets Prediction markets determine prices through order-book matching, where prices directly represent probabilities. While this mechanism efficiently aggregates information, it does not provide a systematic reference for true or fair probability. As a result: * Market prices may diverge from statistically grounded probabilities * Information asymmetry favors sophisticated participants * Mispricing can persist during high-uncertainty events Comparable financial markets, such as options markets, rely on formal fair-value models (e.g., Black–Scholes) for pricing and risk management. Prediction markets currently lack an equivalent framework. Yala is designed to fill this gap by acting as a fair-value intelligence source for prediction markets.
# Core Concepts ### Fair Value In Yala, fair value refers to the probability that a specific outcome will occur by a defined future time. Fair value: * Is expressed as a probability * Serves as a reference point, not a guarantee * Enables rational comparison against market prices In practice: * If fair value > market price of “Yes,” buying Yes or selling No is statistically favorable * If fair value < market price of “Yes,” selling Yes or buying No is statistically favorable Fair value does not eliminate uncertainty, but it improves long-term decision quality and expected outcomes in probability-based markets. ### Risk-Neutral and Subjective Fair Value Yala’s roadmap distinguishes between two forms of fair value: Risk-Neutral Fair Value * Derived primarily from historical trading data * Reflects no-arbitrage pricing logic * Forms the foundation of Yala’s early and mid-stage agents * Risk-neutral fair value leverages the defining property of prediction markets, where prices directly encode probabilities, making them uniquely suitable for probabilistic calibration. Subjective Fair Value * Incorporates additional signals such as sentiment, macro events, and domain-specific context * Introduced in later stages of the roadmap * Used to refine probability estimates beyond pure market-based inputs
# Roadmap Overview Yala’s development follows a staged roadmap, with each phase expanding intelligence, validation, and system scope. This staged approach allows Yala to maintain continuous public value output and narrative relevance with minimal initial system complexity. ### Early Stage: Establishing the First Fair-Value Agent In the early stage: * Yala conducts closed, internal testing of its first fair-value AI agent * A steady stream of probability estimates is released publicly via Yala’s official X account * The focus is on methodology, calibration, consistency, and probabilistic reasoning These early outputs demonstrate how Yala approaches fair-value estimation and lay the foundation for more advanced capabilities. ### Mid Stage: Public Launch of the Fair-Value AI Agent In the mid stage, Yala publicly launches its first fair-value AI agent. **Agent Scope** * Designed for price-prediction markets and risk-neutral valuation * Operates as a verifiable, measurable system * Performance is continuously tested in real markets **Primary Signal Sources** * Historical trading data * News-driven event analysis * Smart-money tagging information * Social-media-based sentiment dynamics **User Inputs** Users interact with the agent via a structured input format: * Market type (sports events or crypto markets) * Target condition (price, direction, or range) * Time horizon (future timestamp) **Outputs** * A probability estimate representing fair value for the specified condition **Live Validation** * The agent operates in a controlled live environment * Manages approximately $1,000–$10,000 in capital * Executes trades autonomously. In validation environments, probability signals are translated into position-sizing decisions using predefined deviation thresholds between fair value and market-implied probabilities. * Validates fair-value logic under real-world conditions with strict risk limits ### Late Stage: Multi-Agent Fair-Value System In the late stage, Yala evolves into a comprehensive multi-agent fair-value system capable of generating explainable probability assessments across markets, signals, and event types. The system expands into a coordinated swarm architecture, where a Supervisor (Orchestrator) Agent coordinates specialized Worker Agents to produce multi-factor fair-value outputs that integrate both risk-neutral and subjective probabilities. **Expanded Scope and Outputs** Users can submit queries across any asset or event category, including crypto, equities, elections, esports, and macro outcomes, along with a future time horizon. The system generates: * Probability density functions (PDFs) * Multi-factor fair-value curves * Confidence intervals * Distribution shapes These outputs provide a holistic probabilistic view beyond single-point estimates. **Key Capability Expansions** Compared with earlier stages, the late-stage system introduces: * Subjective fair value alongside risk-neutral pricing, incorporating sentiment, macro, and contextual signals * Multi-market coverage across the full prediction-market landscape * Multi-factor intelligence, integrating options data, market sentiment, ETF flows, and macro events * Multi-agent swarm architecture, enabling parallel analysis and coordinated signal aggregation **Supervisor and Worker Agents** The Supervisor (Orchestrator) Agent manages query parsing, task assignment, execution monitoring, and final aggregation. Worker Agents include fair-value modeling, data collection, sentiment analysis, smart-money analysis, event tracking, options analysis, simulation, and decision aggregation agents. **Advanced Capabilities** The late stage also introduces private-information adjustment, encrypted data handling, strategy-gated prediction vaults, autonomous capital allocation, and tokenized agent monetization. By this stage, Yala functions as a fair-value operating system supporting agent-driven forecasting, coordination, and prediction-market infrastructure at scale. \ \ \
# Technical Architecture The mid-stage system adopts a modular multi-agent architecture coordinated by a central Orchestrator Agent. ### Orchestrator Module Orchestrator Agent: * Coordinates all AI agents * Routes tasks and merges signals * Ensures coherent end-to-end processing * Supports plug-and-play integration of new agent modules ## **Data Ingestion & Processing Module** Includes the following agents: * Social-Media Processing Agent * News Processing Agent * Historical Market Data Agent * Smart-Money Analysis Agent These agents collect raw data from: * Twitter/X * News sources (e.g., Bloomberg) * Market APIs * Smart-money flows ### Preprocessing Module Responsible for: * Aggregating multi-source data * Cleaning and normalizing features * Temporally aligning inputs * Producing a unified, model-ready representation ### Prediction Model Module * Uses time-series and probabilistic models (e.g., LSTM-style or Transformer-based architectures) selected based on data availability and task requirements. * Generates probability forecasts and risk-neutral fair-value estimates * Operates on the unified feature space ### Strategy & Interpretation Module Includes: * Quantitative Strategy Agent * Market Sentiment Agent * Output Synthesis Agent This module converts model outputs into interpretable, strategy-ready insights. ### Safety & Governance Module Safety & Governance Agent: * Enforces system rules * Applies safety constraints * Ensures compliant behavior across agents and decision flows ### Monitoring & Deployment Module * Tracks system performance * Manages periodic retraining * Exposes system outputs via APIs for integration and automation # Interfaces and Access ### APIs Yala plans to release MCP-compatible APIs for: * Programmatic fair-value queries * System integration * Automated workflows ### Bot Interfaces Lightweight bot interfaces will be available on: * Telegram * X These provide structured access to fair-value outputs.
# Late Stage: Multi-Agent Fair-Value System In the late stage, Yala evolves into a comprehensive multi-agent fair-value system. ### Expanded Inputs * Any asset or event category * Broader prediction-market landscape (crypto, equities, elections, esports, macro) * Future time horizons ### Outputs * Probability density functions (PDFs) * Multi-factor fair-value curves * Confidence intervals * Distribution shapes ### Supervisor and Worker Agent Architecture **Supervisor (Orchestrator) Agent** * Parses user queries * Assigns tasks to Worker Agents * Monitors execution * Aggregates outputs into final results **Worker Agents** * Fair-Value Modeling Agent * Data Collection Agent * Sentiment Analysis Agent * Smart-Money Analysis Agent * Event Tracking Agent * Options Analysis Agent * Simulation Agent * Decision Aggregation Agent Together, these agents generate explainable, multi-factor fair-value assessments. ### Private-Information Adjustment The late stage introduces: * Insider / Private-Information Adjustment Agent * Encrypted vector storage * Confidential RAG pipelines This allows users to securely contribute private signals that refine subjective fair values.
# Future Enhancements Planned enhancements include: * Options-implied volatility (IV) factors * On-chain capital flow and liquidity signals * Bayesian dynamic belief updating * Probability calibration engines * Additional factor-based signals # YALA Tokenomics YALA becomes the foundational governance and value-alignment asset of the Yala AI ecosystem. YALA enables: * Governance of the multi-agent architecture * Agent-level oversight and parameter updates * Participation in platform-wide decision-making Revenue mechanisms include: * Performance fees from agent-managed vaults * Usage fees from agent queries * Future buybacks funded by platform revenue YALA also acts as the economic anchor for tokens issued within the agent network, with distributions and airdrops flowing to YALA stakers. Individual agents or agent clusters may be monetized independently, with usage fees and revenue streams flowing through agent-specific vaults and tokenized representations.
# Closing Yala is building toward a future where fair-value AI agents form the probabilistic backbone of global prediction markets.
# Connecting Wallet ## Step 1: Connecting Your BTC Wallet 1. Open [Yala website](https://yala.org/) and click “Launch App” on the first page. 2. In the app, click the “Connect Wallet” button in the upper right corner to connect your BTC wallet.
3. Choose Bitcoin Wallet
4. It's crucial to ensure that you are using the Bitcoin environment. In the UniSat wallet, you can do this by clicking the upper right corner and selecting "Bitcoin".
5. It's essential to use a Taproot address. For instance, if you are using a UniSat wallet: a. Click the “Settings” button in the lower right corner of the wallet extension. b. Select “Address Type,” then choose “Taproot (P2TR)” as the address type. c. Please note that: By connecting your wallet to Yala, you acknowledge and certify that you wish to deposit Bitcoin and understand that doing so may result in the loss of some or all Bitcoin ordinals, NFTs, runes, and other inscriptions in the connected wallet. You further acknowledge that this interface may not detect all such inscriptions.
## Connecting Destination Chain Wallet After connecting your Bitcoin wallet, the next step is to connect your Destination Chain Wallet. This is the wallet where you want to receive $YU. 1. Click the “Connect Wallet” button in the upper right corner of the protocol page.
2. Choose an environment, or connect to both for convenience. Sign in to your wallet and ensure it is connected to the correct network.
3. You can only connect one wallet per environment. For example, you can connect MetaMask in an EVM environment, Unisat in the Bitcoin network, and Phantom in the Solana environment.
# Redeem 1. Select the token you want to deposit.
2. If this is your first time, you’ll need to authorize the contract in your wallet.
3. After depositing, wait for the USDC to be credited.
4. Once the USDC is credited, your redeemable shares will be calculated proportionally, and your token will be bought back.
5. You can check your balance on the page. Your balance may change each time USDC is credited. You can withdraw any remaining balance using Withdraw.
# Convert You can convert USDC to $YU without slippage! 1. Enter the amount of the source token you want to convert, and the system will automatically calculate the corresponding target token amount. The conversion rate for USDC and $YU is 1:1 ratio. 2. For first-time users, approval is required to allow spending of USDC in your wallet. 3. After confirming, the system will prompt a wallet transaction confirmation, and the smart contract will execute the conversion. A success message will appear once the conversion is complete. 4. The transaction history section displays conversion details, including time, transaction hash, and amount, sorted in descending order. 5. The same process applies when converting $YU back to USDC.
# MetaMint $YU Metamint is a process that allows you to turn Bitcoin (BTC) into $YU. This guide explains how to stake BTC, mint $YU, and unstake your BTC when needed. Step 1: Staking BTC to Get YBTC To mint $YU, you first need to stake your Bitcoin (BTC) and convert it into YBTC, a wrapped Bitcoin token which can be used to mint $YU. Steps to Obtain YBTC: 1. On the MetaMint $YU page, click on the upper right button which displays your current YBTC balance.
1. Enter the amount of BTC you want to stake in the provided input box. 2. Review the exchange rate, transaction fee, and estimated confirmation time. For security reasons, our confirmation requires 6 blockchain confirmations which may take up to 60 minutes. Transaction fees is 0.0003 BTC for staking, which is deducted from the wallet balance. 3. Click the Submit button to initiate the staking process. 4. Approve the transaction in your BTC wallet. 5. Wait for the staking process to complete. Once confirmed, your staked BTC will be converted into YBTC and reflected in your YBTC balance. Note: To view your transaction details, you can naviagete to the "In And Out History" under the Portfolio page. However, please note that your stake or unstake will be shown in this section after 5 to 10 minutes of your submission.
## Step 2: Metamint $YU using YBTC After you obtain the YBTC, you can use it to mint $YU 1. Enter the amount of YBTC you want to deposit. The maximum amount of $YU that can be minted will be displayed. You can enter the $YU you want to mint under the Value tab. Alternatively, use a slider to choose a Collateralization Ratio to mint the corresponding amount of $YU under the Percentage tab.
2. Please ensure that after depositing $YU, the Ccollateral Rratio meets the minimum requirement, which you can check in the "Vault Changes" panel. The minimum deposit amount is 1,800 $YU, but since a 200 $YU liquidation cost reserve is set aside, the effective minimum vault threshold is 2,000 $YU. If your BTC balance is insufficient to mint 1,800 $YU, please deposit more BTC as indicated on the page. 3. Click on "Create Vault". 4. For first-time users, you will need to approve YBTC allowance spending. We strongly recommend approving a larger YBTC spending amount based on your anticipated needs to ensure future convenience and avoid unnecessary gas fees each time you approve.

Approving Spending Cap For YBTC

5. Confirm the transaction in your destination chain wallet and wait for the vault to be created. 6. Once the process is complete, the $YU token will appear in your destination wallet. You can also check your transaction history by visiting the "Portfolio" section under "Transaction History". 7. To ensure proper display, please add the $YU token to your wallet.
8. Please note that when the platform’s Total Collateral Ratio is less than the Critical Collateral Ratio, you cannot create a new vault with the collateral ratio that is less than the Critical Collateral Ratio. ## Step 3: Unstake Your YBTC The Unstake feature allows users to convert their YBTC back into BTC. Steps to Unstake YBTC: 1. On the MetaMint $YU page, click on the upper right button which displays your current YBTC balances.
2. Enter the amount of YBTC you want to convert back to BTC. 3. Click the Submit button to confirm the unstaking process. Transaction fees is 0.0003 BTC for unstaking which is deducted from the bridging out balance. 4. Approve the transaction in your wallet. 5. For the first time user, you need to approve the spending cap for unstaking.

Approving Spending Cap For YBTC

6. Wait for the process to complete. The converted BTC will then appear in your BTC wallet balance. 7. For transaction details, navigate to In and Out History. 8. Please note: Your stake or unstake will be shown in this section after 5 to 10 minutes of your submission. # Portfolio Management The Portfolio provides an overview of your activity and metrics, including total BTC staked, $YU minted, and YBTC balance. Key features include tabs for managing Positions (showing collateral, debt, liquidation price, and stability fees), Transaction History, In and Out History (tracking staking and unstaking activities). You can view the collateral amount locked in the vault, total outstanding debts, the liquidation price, and the collateral ratio of this vault, providing an overview of each vault you have created. Click "View Position" for more details.
### **Steps To Deposit & Mint More** You can deposit more BTC to mint more $YU. The steps for Metamint $YU are essentially the same; refer to the MetaMint $YU section for more details. 1\. Click "View Position" on the vault you want to manage. 2\. Enter the additional amount of YBTC you want to deposit. You can enter the amount of $YU you wish to mint.
3\. Please ensure that the collateral ratio calculated after entering $YU exceeds the minimum Collateral Ratio. The Collateral Ratio based on your input can be viewed in the 'Vault Changes' panel.
4\. Click "Confirm". 5\. Confirm the transaction in your wallet. 6\. Wait for the vault to be updated. You can monitor the transaction status on the Transaction History page. 7\. Once complete, you will see the $YU in your destination wallet address. You can also view the transaction history under Portfolio > Transaction History.
8. Note that when the platform’s Total Collateral Ratio is less than the Critical Collateral Ratio, you cannot mint any more $YU under the Adjust Vault section until the platform’s Total Collateral Ratio is safe again. You can choose to create a new vault if you want to mint more $YU.
### **Steps to Withdraw** 1\. Click “View Position” on the vault you want to withdraw from. 2\. Click “Withdraw”, and enter the YBTC you want to withdraw or the $YU you want to repay. 3\. Please ensure that the collateralization ratio should be larger than the Min. Collateral ratio. You can check it in the vault changes panel.
4\. Click “Confirm”. 5\. For first-time users, you need to approve the $YU allowance. We recommend setting a higher $YU allowance based on your anticipated needs for future convenience and to avoid unnecessary gas fees each time you approve. Please note that if the allowance is insufficient later, you must approve it again.
6\. After setting the allowance, please confirm the transaction in your wallet to pay back $YU. 7\. Wait for the withdrawal to be completed. You can monitor the transaction status on the Transaction History page. After the withdrawal, you will receive your YBTC in your wallet, and the $YU will be paid. You can also view the transaction history under Portfolio > Transaction History.
8. Note that when the Platform’s Total Collateral Ratio is less than the Critical Collateral Ratio, your withdrawal amount should be smaller than the pay back $YU amount. Under this situation, please ensure that you always pay back $YU more than you withdraw for the vault
### ### **Steps to Close Vault** 1\. Click “View Position” on the vault you want to close. 2\. To close your vault, a part of your position will be sold to pay back the outstanding debt. The rest of your collateral will be sent to your wallet address. Click “Close Vault” to proceed. 3\. Click “Confirm”. 4\. For first-time users, you need to approve the $YU allowance. We recommend setting a higher $YU allowance based on your anticipated needs for future convenience and to avoid unnecessary gas fees each time you approve. 5\. Then repay the $YU by confirming the transaction. If you don’t have enough $YU, you can click to swap more. 6\. Wait for the vault to be closed. You can monitor the transaction status on the Transaction History page. 7\. Once completed, you will receive the remaining YBTC in your wallet, and the $YU will be repaid. You can also view the transaction history under “Portfolio” - “Transaction History”. 8\. Note that, when the platform’s Total Collateral Ratio is less than the Critical Collateral Ratio, the Close Vault function will be temporarily stopped until the platform’s Collateral Ratio is safe again. You could choose to pay back more $YU or add more YBTC deposits into the vault. \
### View Your Transaction History * Under this tab, you can view all the activities of all vaults.
* You can click the “View” button for each transaction, which provides a link to the activity on the destination Chain. Click the “Position” button to quickly access the position of that transaction. \ \ \
# Bridge Tool ## **Transfer YU from Ethereum to Solana:** * Connect the wallet that holds your YU, and connect your Solana wallet. * Enter the amount of YU you want to bridge. * Confirm the transaction in your wallet — note that bridge fees (charged by Layerzero) and gas fees will apply. * Once the transaction is complete, you can view it on LayerZero.
**Transfer YU from Solana to Ethereum** * Connect the Solana wallet that holds your YU, and connect the destination wallet for ETH 。 * Enter the amount of YU you want to bridge. * Confirm the transaction in your wallet — note that bridge fees (charged by LayerZero) and gas fees will apply. * Once the transaction is complete, you can view it on LayerZero.
In case of extreme conditions, LayerZero might fail. Please contact the Yala team via Telegram or Discord. # Earn Under the Earn section you can deposit $YU into the Stability Pool to earn yields and Berries or provide liquidity in AMMs to earn fees and Berries. \ YU Savings Pool --------------- 1\. Supply YU to earn sYU’s APR and Berries * Go to the YU Savings Pool page. * In the Supply tab, enter the amount of YU you want to deposit. * If this is your first time, you’ll need to approve the YU allowance before supplying. * After approval, click Supply and confirm the transaction in your wallet. * You’ll receive sYU, which automatically grows in value over time.\
Bonus: While your YU stays in Savings, you’ll also earn 0.05 Berries per hour per YU as an extra reward. *** 2\. Withdraw your YU anytime * Go to the Withdraw tab. * Enter the amount of sYU you want to redeem. * If this is your first time withdrawing, you’ll need to approve the sYU allowance. * After approval, click Withdraw and confirm the transaction. * Your sYU will be burned, and you’ll receive YU andplus the earned yield in YU as well.\
*** Example: If the current rate is 1.00 sYU = 1.07 YU, withdrawing 1,000 sYU returns 1,070 YU, plus the Berries earned during the period.
## Stability Pool 1\. Go to the Stability Pool under the Earn section. If you have never staked $YU before or have withdrawn all your $YU, you will see an initial screen where you can stake $YU. 2\. Enter the amount of $YU you want to deposit (up to 5 decimal places). The system will update your Pool Share and USD equivalent dynamically. Click “Submit”, confirm the transaction in your wallet, and wait for blockchain confirmation. Once completed, a success message will appear.
3. Claim Rewards\ Over time, Liquidation Gains and Token Rewards will accumulate. * **Liquidation Gains** come from collateral distributed when positions are liquidated, proportional to your share in the pool. * **Token Rewards** are generated from stability fees. Currently, $YU rewards are distributed based on pool share and updated every 30 seconds. * You can view the current estimated APR on the Banner. 4. When rewards are available, you can click “Claim” YBTC or “Claim” $YU, confirm the transaction in your wallet, and then receive the rewards directly in your wallet.

4. Deposit More $YU\ If you want to increase your stake, click Deposit More, enter the amount, and submit the transaction. After confirmation, your new total stake will be updated. 5. Withdraw $YU\ Click Withdraw, enter the amount (must not exceed your total staked $YU), and confirm the transaction. Once completed, your staked balance will be updated.
6. View Transaction History\ Click “Stability Pool History” to see your past deposits and withdrawals, along with corresponding blockchain transaction details. 7. Please note that the $YU in the Stability Pool is designed for liquidation mechanism, meaning that over time, your staked $YU may decrease as it is used to cover liquidated positions. However, in return, you will receive liquidation gains in YBTC, which may offset the reduction in your staked $YU. ## Farming
1. Choose a pair you want to provide liquidity for and click **"Provide Liquidity."** 2. On the Uniswap page, click **"Add Liquidity."**
3. Make sure you are using Uniswap V3 and the fee tier is set to 0.01%.
4. Set a custom price range between 0.99 – 1.01 USDC per $YU, or 0.99 – 1.01 WBTC per YBTC (the range can vary slightly).
5. Enter the amount of one asset you want to deposit—Uniswap will automatically calculate the required amount of the other asset. 6. Approve the spending and confirm the transaction in your wallet.
7. Once the transaction is confirmed, you will see a **position** in Uniswap if the liquidity was added successfully.
8. Return to the **Farming** page and click **"Stake NFT Tokens."** 9. Choose the position you want to stake and click **"Stake."** You can view your position's value and price range.
10. **Approve spending** and **confirm the transaction** in your wallet.
11. **Note:** If you want to adjust your position, you must first withdraw your liquidity from Uniswap and make the adjustments there. Only **Uniswap V3** positions with a **0.01% fee tier** and an **active price range** are eligible for **Berries rewards**! The current lockup period is 7 days. You can only withdraw your NFT after 7 days of staking it. 12. LP fees are the trading fees you earn when you add your tokens to a liquidity pool. When others swap tokens using that pool, they pay a small fee — and you get a share of it based on how much you contributed. It's like earning passive income by helping others trade. For accurate details on LP fees, you’ll need to withdraw the NFT first and check the corresponding pair on Uniswap, or estimate fees based on the APR shown there. Withdrawing the NFT will stop Berries from accruing. LP fees are distributed through Uniswap when liquidity is removed.
### DeFi Marketplace In DeFi marketplace, you can interact with other DeFi protocols using YU or YBTC. Please note that some protocols are on Solana, so you’ll need to bridge YU to Solana in order to complete certain tasks. Completing DeFi marketplace tasks earns you Berries with multipliers (4x, 6x or more) applied to the base rate of 0.05 Berries per $YU per hour, depending on the protocol and the task, as shown in the interface. **Note:** Berries generated on Solana are automatically tracked and will be shown to users in future updates. Feel free to provide liquidity. **Pendle** * Click “Go” under the Pendle row in the DeFi Marketplace. * If you want to become an LP, click the $YU pool and choose “Zap In.” You’ll need the underlying token ($YU) to proceed. As an LP, you’ll earn trading fees and may also receive PENDLE incentives. We recommend setting Keep YT Mode to enabled to avoid price impact when adding liquidity, while retaining YT for separate yield or points collection. * To buy YT (Yield Token), go to the $YU market with a future expiry date and navigate to the PT/YT page. Enter the amount you wish to purchase, click “Swap” to complete the transaction. YT represents the future yield of the underlying asset, and you will receive the full yield(Berries) at maturity based on the amount of YT you hold. * If you want to maximize your LP token yield, make sure your address holds vePENDLE.\ For more details, please refer to the official documentation: * Alternatively, you can enhance your yield by locking your LP position on platforms like Penpie or Equilibria. **Note:** Currently, Berries rewards do not apply to LPs deposited through these platforms. * For more operational details, please refer to the Pendle documentation: **Penpie & Equilibria** * You can boost your returns and receive Berries via these two protocols. * **You must first obtain LP-YU via Pendle; otherwise, Berries won't accumulate for Penpie/Equilibria.** * Click “Go” under the Penpie/Equilibria row. * Enter the amount of YU LP to deposit. * Approve and confirm the transaction. * For more operational details, please refer to the following documents. * and **RateX** * Click “Go” under the **RateX** row in the DeFi Marketplace. * If you want to **become an LP**, go to the *Add Liquidity* window, enter the amount, click **Add Liquidity**, and confirm the transaction in your wallet. * If you want to **yield trade (buy YT using leverage)**, go to the *Market* page, find the **$YU** card, click **Leverage** on the detail page, enter your position amount under *Your Farm*, and confirm the spending. * If you want to **earn (buy PT tokens)**, go to the *Market* page, find the **$YU** card, click **Earn** on the detail page, select a maturity date, enter the deposit amount, and confirm the transaction in your wallet. * For more details on how to operate, please refer to the docs **Raydium** Here’s a guide on how to provide YU/USDC liquidity on Raydium: * Click **“Go”** under the Raydium row in the **DeFi Marketplace**. * Click “Connect Wallet” and connect your Solana wallet (e.g. Phantom). * Enter the amount of $YU and USDC you want to add. You need to provide both tokens in a 1:1 value ratio. * Confirm your vaule and approve the transaction in your wallet. * Once confirmed, you will receive LP tokens representing your share in the pool. * Over time, you will receive LP fees from your position, which can be tracked by checking your LP token value. **Kamino** How to add USDC–YU liquidity via Kamino on Raydium: * Click “Go” under the Kamino row in the DeFi Marketplace. * Connect your Solana wallet (e.g., Phantom or Solflare). * In the My Positions section, enter the amount of USDC and $YU you want to deposit. * Click “Deposit and Stake”, then approve the token transfers in your wallet. * After successful deposit, you can claim your rewards in the Farm Overview section. **Euler** * Click “Go” under the **Euler** row in the DeFi Marketplace. If you want to provide liquidity for lending: * Go to the YU/USDC market page. * Enter the amount you want to supply. * Confirm the transaction in your wallet to start earning interest. If you want to borrow YU/USDC using PT-YU as collateral: * Prerequisite: You must first purchase PT-YU on Pendle. * Navigate to the "Borrow" page within Euler and select the PT-YU market. * Supply your PT-YU and YU/USDC as collateral and enter the desired borrow amount. * Confirm the transaction in your wallet to proceed. For a comprehensive guide, please consult the Euler user documentation: **NX Finance** * Click **“Go”** under the **NX Finance** row in the **DeFi Marketplace** to access the leverage page. * **To leverage YU**, simply enter the amount you want to deposit as collateral, select your desired leverage level, and proceed. NX will automatically deposit the leveraged amount into **RateX** as an LP token, allowing you to earn more **Berries** compared to using no leverage. * **To become a lender** and earn interest and Berries, go to the **Lend** page, find the **YU pool**, click **Deposit**, enter the amount, and wait for your funds to be borrowed. * For detailed instructions, please refer to the # Berries Rule - Yala's Reward System ## What is Berries and Ice Berries **Berries** are the main points you earn through on-chain activities, such as: * Opening a Vault with YBTC and MetaMint $YU * Providing liquidity (e.g., YU/USDT) * Holding $YU in wallet * Participating in the Stability Pool * Completing DeFi marketplace tasks **Ice Berries** are bonus points earned from off-chain or community-related actions, such as: * Completing Social tasks * Earning Referral bonuses * Participating in Team-up events Rewards will be granted based on multiple factors, including Berries, Ice Berries, and user behavior. ## Earning Berries Berries are earned based on your on-chain activities. Each action contributes a fixed amount of Berries to your total rewards: * Holding Yala on Ethereum/BSC: **0.5/ Berries / USD / hour** * Opening a position using YBTC as collateral: **0.05 Berries / USD / hour** * Minting $YU via MetaMint with YBTC collateral and $YU debt: **0.6 Berries / $YU / hour** * Holding $YU in your wallet: **0.1 Berries / $YU / hour** * Depositing $YU into the Stability Pool (SP): **0.15 Berries / $YU / hour** * Providing liquidity to AMMs (token pairs): **4\*0.05 Berries / $YU / hour** * Completing **DeFi Marketplace** tasks earns Berries at a rate of X × 0.05 Berries per $YU per hour. The coefficient **X** is displayed in the **DeFi Marketplace** section. > **Notes:** > > * All Berries calculations are based on the completion time of the on-chain transaction. > * Rewards begin accumulating immediately for holding $YU. > * For all other actions, Berries start accruing after the first 24 hours. > * Positions must remain active to stay eligible for rewards. > * Yala reserves the right to change the above rates ## Earning Ice Berries ***Connect Wallet*** 1. Earn 10 Ice Berries for connecting your wallet for the first time. 2. This reward is limited to one-time per wallet ***Follow and Engage on Twitter:*** 1. Follow Yala on Twitter: Earn 10 Ice Berries. One account per wallet. 2. Engage on Twitter: Earn 1 Ice Berry per retweet (max 10 per day for each). ***Daily Check-in:*** Earn 1 Ice Berry daily by checking in via the "Berries & Leaderboard" page. Resets every 24 hours. ***Referral*** When you use your invite link to invite friends, you will earn **8% of the points** they generate from opening Vaults with YBTC or MetaMinting $YU. For example, if your teammate earns **100 Berries per hour** through MetaMinting $YU, you will receive **8 Ice Berries per hour** from them. ## **Solana Berries Features** Solana Berries and Ice Berries currently operates independently from Ethereum and can be selected in the BerryBoard. The Team Ups & Lucky Draws feature is not supported on Solana at the moment. It currently supports check-in, DeFi marketplace activities, connecting a new wallet , community activities for Ice Berries, and holding YU in the wallet.\
## **BSC Berries Features** BSC Berries are now integrated into the Ethereum network. Holding YALA on BSC will generate Berries that are credited to your Ethereum account. # ‘Double Berries’ Loyalty Program ## Yala ‘Double Berries’ Loyalty Program After the recent September 14 incident, we sincerely thank our community for their continued trust and patience. To reward your support, we are launching the ‘Double Berries’ Loyalty Program.
1. Duration 00.00 UTC September 23rd, 2025 - 09.00 UTC, December 8th, 2025
2. Who Can Join All users who earned Berries on Yala Mainnet before the end of September 22nd (UTC), will be automatically enrolled in the Loyalty Program.
3\. How It Works * Yala record two types of Berries points: * A = Berries earned on September 22nd * C = Total accumulated Berries by 23:59 UTC on September 22nd * As long as A > 0, then starting from September 23rd till our snapshot at 9am UTC, December 8th, all new Berries you earn will be doubled (2x) based on your existing multipliers. For example, if you were earning 6x Berries, with the bonus it becomes 12x Berries. * New Points = hourly points x 2
Pro Tip: Keep your positions or add more on September 22nd, 2025 to be eligible for double Berries till the end of Season 2.
4\. Notes & Rules * Make sure your daily Berries earnings remain ≥ 80% of A. If they fall below this level for 3 consecutive days, your eligibility will be canceled. * If the extra points earned from this program reach 10 times of C: * ≤ 10 x C → Still doubled * Beyond 10 x C → normal rate applies. * The extra Berries points will be added together at the end of each day. 5. View your Status **You can view your status on the BerryBoard.** * If your daily Berries earnings fall below **80% of your Sept 22 level**, you will lose **one heart** the following day.
* If they stay below this level for **3 consecutive days**, your eligibility will be canceled, your hearts will become empty, and **Loyalty Boost will end**.
* If your daily earnings rise above 80% of the Sept 22 level before reaching 3 consecutive days below it, your lost hearts will be **restored to three**. * If your extra earnings ever exceed **10× your Sept 22 cumulative earnings**, your **Loyalty Boost will end immediately**, regardless of heart status. Thank you for standing with Yala! Double Berries is only the start.
# Team Ups & Lucky Draws Introducing the Yala Team Up & Lucky Draws - explore the Yala together with friends and earn Ice Berries and bonuses along the way! Here’s how it works: 1. Every participant has a personal referral link. Users who join the Yala using this link will automatically form a team, with the inviter as the team leader. 2. Through ‘Lucky Draws’, teams can earn rewards in the form of blind boxes. Your team size determines the number and frequency of your ‘Lucky Draws’. 3. ‘Lucky Draws’ give your team the chance to earn boxes of Ice Berries, with the amount of Ice Berries depending on the total amount of $YU minted by the team. 4. The lucky draw is only valid for team members (including the captain) who have more than 300 Berries. Members with fewer than 300 Berries will not receive any Ice Berries. 5. This feature currently support Ethereum mainnet. Build your team, open boxes and collect Ice Berries!
## Team Building To build your team, share your Yala referral link with friends and followers. To find your referral link, visit BerryBoard. Get friends to sign up using your invite link to form a team (Note that you will earn +8% of the Berries your friends make). ## Lucky Draw Once you’ve built a team you will get access to ‘Lucky Draws’ - raffles which give you and your team members the chance to earn more Berries. Only the team leader has permission to initiate a Lucky Draw. Here’s how to open it and what to expect: 1. Wait for the Countdown: Once the countdown reaches zero, the Lucky Draw button will become active. 2. Initiate the Draw: The team leader can click on the Lucky Draw button to begin. 3. View the Animation Page: After initiating the draw, an animation will display, showing your total Ice Berries as well as your team’s total Ice Berries. 4. Multiple Lucky Draws: If your team has accumulated more than one Lucky Draw, you can continue to open additional draws one after another. Cooldown Reset: After initiating the Lucky Draw, the cooldown timer will reset, starting a new countdown until the next draw becomes available.
## Box Rewards Rule The rewards from each blind box are based on the team’s rank, determined by the total amount of $YU minted, including converted amounts. Depending on your team’s ranking percentage, each team member will receive a boost to their current total score as follows: * If your team ranks outside the top 30%, each blind box will grant **Ice Berries equal to 0.5% of each member’s current Berries balance**. * If your team ranks in the top 15%–30% (i.e., your team’s minted amount of $YU exceeds 70% of all teams), each blind box will grant **Ice Berries equal to 1%–5% of each member’s current Berries balance**. * If your team ranks in the top 10%–15%, each blind box will grant **Ice Berries equal to 6%–10% of each member’s current Berries balance**. * If your team ranks in the top 5%–10%,\ each blind box will grant **Ice Berries equal to 11%–15% of each member’s current Berries balance**. * If your team ranks in the top 0%–5%,\ each blind box will grant **Ice Berries equal to 16%–20% of each member’s current Berries balance**. Note that： * When a user exceeds 10 million Berries, the lucky draw can add up to 1 million Ice Berries at a time. * When a user exceeds 20 million Berries, the lucky draw can add up to 800,000 Ice Berries at a time. * When a user exceeds 30 million Berries, the lucky draw can add up to 600,000 Ice Berries at a time. ## Team Size and Box Opening Frequency Teams can open lucky draws based on the number of members (including the captain) who each have more than 300 Berries: • Teams with **3–10 active members**: 1 lucky draw every **168 hours**\ • Teams with **11–20 active members**: 2 lucky draws every **120 hours**\ • Teams with **more than 20 active members**: 2 lucky draws every **72 hours** ## Example
Let’s say your team currently has 8 members with a total minted amount of YU that ranks them in the **top 10%–15%**. ***Lucky Boost Calculation***\ Since your team is in the top 10%–15%, each blind box opened will grant **Ice Berries equal to 6%–10% of each team member’s current Berries balance**. This bonus is applied individually to each member based on their own Berries amount. For example, if a team member currently holds **1,000 Berries**, opening a blind box would grant them **60 to 100 Ice Berries**, depending on the actual boost percentage drawn (6%–10%). ***Lucky Draw Frequency***\ With 8 members, the team qualifies to open **1 lucky draw every 168 hours (7 days)**. To increase the draw frequency, simply recruit more team members. ## Tips By improving your team rank or growing your team size, you can maximize both the boost percentage and draw frequency, enhancing the rewards for everyone. ## Lucky Draw Dashboard To keep track of your team’s performance, you can go to the Berries and Berryboard - Lucky Draw section. Here’s what to expect on this page: Accessing Team Stats: * This page displays detailed stats for your team’s progress. However, these stats are only visible if you are the team leader. If you haven’t invited any members to your team yet, the page will appear empty. Team Information: Once you have a team, the page will show: * Team Size: The total number of members in your team. * Total YU Minted: The combined amount of YU minted by your team members,including converted amount. * Team Rank: Your team’s rank compared to other teams based on YU minted. Lucky Draw Countdown: * The page includes a countdown timer for your next Lucky Draw, indicating when the team leader can initiate the next draw. Boost Details: * You’ll also find information on the current boost percentages that apply to each Lucky Draw, depending on your team’s rank. These boost percentages show how much each team member’s score will be increased when a Lucky Draw is opened.
# Yeti Related Guide to find your NFT 1. Our NFTs are soulbound, non-tradable, and non-transferable. 2. You can view the NFT via
To View in a Supported Wallet (e.g., MetaMask): 1. Ensure your network is set to **Ethereum Mainnet**. 2. Open your wallet and go to the **NFT** section. 3. Click **Import NFT**.
4. Enter the NFT Contract Address: 0x89216d5C5EDEb318f298c536f0b1EB691aFf1d83 （For 0 - 1199）0x4bd121984f18b26085174f130B6ad83D20a6e86a （For 1200 - 1499） 5. Enter the **NFT ID** using **numbers only** (you can find this on the mint page, e.g., `1234`).
**Note:** Not all wallets support the display of NFTs. For the best experience, we recommend viewing your NFT via our website or using **MetaMask**.
# Liquidation 1\. When your vault's individual collateral ratio drops below the minimum collateral ratio (MCR), the system flags your vault for liquidation.
2\. The Stability Pool uses its funds to automatically repay the outstanding debt of your liquidated vault. \ 3\. The collateral in your vault is seized by the system to cover the repaid debt. \ 4\. Any surplus collateral remaining after debt repayment will be returned to you. This amount will be available for claim after the liquidation process is completed. \ 5\. Collateral used to repay the debt is distributed as rewards to Stability Pool stakers based on their staked proportion. \ 6\. Navigate to the vault details page. If multiple vaults are liquidated, the total remaining collateral (e.g. YBTC) across all affected vaults will be displayed. \ 7\. In the position details section, click the "Claim" button. This action allows you to claim the total remaining collateral from all liquidated vaults in one transaction. Gas fees will apply.
8.Once the claim transaction is completed, the total remaining collateral will be sent to your wallet. All details of the liquidation and claim process will be recorded in your transaction history for future reference.
Please note that under extreme circumstances, if the liquidation process exhausts all YU liquidity from the Stability Pool, a redistribution process will occur. In this process, the system may allocate a portion of the liquidated vaults’ collateral and YU debt to your vaults based on the percentage of your vault’s collateral value out of the platform total collateral value. In order to manage your vaults’ risk, it is suggested to make sure your vault’s collateral ratio is not very close to the Min. Collateral Ratio. # Emergency Shutdown During an emergency shutdown, creating a vault and adjusting an existing vault are disabled -only vault closure is permitted. However, BTC deposits into YBTC remain available. An emergency shutdown is triggered when the platform's Total Collateral Ratio falls below 110%. # Key Terms **Vault ID:** A Vault ID is a unique reference for your vault at Yala. **Stability Fee:** Yala protocol collects a Stability Fee on $YU that is generated from Yala Vaults. **Platform Total Collateral Ratio:** It is the total collateral ratio of the whole Yala platform for the selected collateral type. When the total collateral ratio is less than the Critical Collateral Ratio, users can only create new vaults that are higher than the Critical Collateral Ratio. Users cannot adjust to further reduce the collateral ratio of any existing vault. **Minimum Collateral Ratio:** If the Vault reaches below the minimum collateralization level it is considered undercollateralized and is subject to liquidation. Your collateral will then be collected to cover outstanding debt and liquidation penalty fee. **Critical Collateral Ratio:** It is the collateral ratio that sets the threshold for the Platform Collateral Ratio of the selected collateral type. When the total collateral ratio is less than the Critical Collateral Ratio, users can only create new vaults that are higher than the Critical Collateral Ratio. Users cannot adjust to further reduce the collateral ratio of any existing vault. **Liquidation Price:** The price at which a Vault becomes vulnerable to liquidation. **Collateralization Ratio:** Calculated by the value of your collateral divided by your $YU debt. **Collateral Locked:** The total amount of collateral locked in your current vault. **Vault $YU Debt:** The total $YU debt in your current vault.This includes the 200 $YU for liquidation cost reserve. **Available to Withdraw:** It is the amount of collateral assets that can be withdrawn before your vault becomes undercollateralized and is subject to liquidation. When the Platform Total Collateral Ratio is less than the Critical Collateral Ratio, your pay back $YU value should be greater than the withdrawal value of the collateral. **Available to Mint:** It is the amount of additional $YU that can be generated given the collateral value in your current vault. Be careful to keep your vault overcollateralized to avoid liquidation. When the Platform Total Collateral Ratio is less than the Critical Collateral Ratio, Mint $YU under Adjust Vault will be temporarily stopped until the Platform Collateral Ratio is safe again. Users could choose to open a new vault to mint $YU. **Liquidation Penalty:** It is the portion of vault collateral value that will be distributed to the Stability Pool if the vault needs to be liquidated. The primary function of Stability Pool is to serve as a liquidation mechanism to absorb liquidated debt and collateral. **Dust Floor:** It is the portion of vault collateral value that will be distributed to the Stability Pool if the vault needs to be liquidated. The primary function of Stability Pool is to serve as a liquidation mechanism to absorb liquidated debt and collateral. \ **Liquidation Cost Reserve: I**t is the reserved gas fee that is paid to the liquidation executors if the vault needs to be liquidated. The Yala protocol calculates the cost in this way: 200 $YU + min(0.5% of YBTC, 0.05 YBTC). If there is no liquidation, the liquidation cost reserve of 200 $YU will be automatically repaid by the system. The YBTC part of this cost will not be charged until the actual liquidation happens. # Terms of Use **TERMS OF USE** The following terms and conditions govern your access to and use of (“Website”) and your access to and use of any media, analytics, content, functionality and services offered on or through the Website, and your access to and use of all and any related sites and services. The services contained on the Website are brought to you by YALA LABS (hereinafter, “we”, “us” or “our”). Please read the Terms of Use carefully before you start to use a Website. By using the Website or by clicking to accept or agree to the Terms of Use when this option is made available to you, you accept and agree to be bound and abide by these Terms of Use. We reserve the right to modify these Terms at any time without notifying you. If you do not agree to any of the terms set forth in this Terms of Use, please stop using this Website. **USE OF OUR WEBSITE** By using our Website, you represent and warrant that you are not barred to use the Website under any applicable law, order, directive, regulation, or sanction list and are using the Website only for a lawful purpose. If you do not meet these requirements, you must not access or use the Website. **ACCESSING THE WEBSITE** We reserve the right to withdraw or amend this Website, and any material we provide on the Website, in our sole discretion without notice. We do not guarantee that our Website or any content on it will always be available or will not be interrupted. We will not be liable if for any reason all or any part of the Website is unavailable at any time or for any period. From time to time, we may restrict access to some parts of the Website, or an entire Website, to users. **PRODUCTS AND SERVICES** **Reliance on information** The information presented on or through the Website is made available solely for general information purposes. We do not warrant the accuracy, completeness or usefulness of this information. Any reliance you place on such information is strictly at your own risk. We disclaim all liability and responsibility arising from any reliance placed on such materials by you or any other visitor to the Website, or by anyone who may be informed of any of its contents. We do not enter into any terms or make any representations as to the accuracy, completeness, currency, correctness, reliability, integrity, quality, fitness for purpose or originality of any content of the Website and the products offered thereto and, to the fullest extent permitted by law, all implied warranties, conditions or other terms of any kind are hereby excluded. To the fullest extent permitted by law, we accept no liability for any loss or damage of any kind incurred as a result of you or anyone else using the Website or relying on any of its content. You should not take, or refrain from taking, any action based on any information contained on the Website or any other information that we make available at any time, including blog posts, data, articles, links to third-party content, discord content, news feeds, tutorials, tweets, and videos. You further acknowledge and agree that we will not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods, or services available on or through any such site or resource. **Collateralisation of Digital Assets** When electing to utilise the products on our Website, you may be required to provide a certain amount of digital assets as collateral in exchange for Yala Stablecoins or “$YU”. The amount of collateral required will depend on the products selected. It is important to note that access to the products are contingent on you posting the necessary collateral. Accordingly, you acknowledge and understand that you may have limited access to the products should you not post the necessary collateral. In addition to the foregoing, we should highlight that the products are decentralised in nature and provided to you by way of smart contracts designed and built on the blockchain. Any collateral posted by you is done by way of smart contracts and your decision to interact with the same. Accordingly, we do not have possession, custody or control over any digital assets you may post as collateral. **Decentralised Nature of the Products** As mentioned above, the products you may elect to interact with/utilize on our Website are products built on blockchain technology, resulting in the same ultimately being decentralized. Due to the non-custodial and decentralized nature of the technology, we are not intermediaries, agents, advisors, or custodians, and we do not have a fiduciary relationship or obligation to you regarding any other decisions or activities that you affect when using the products. To interact with the products, you will need to connect and engage with the same through a self-custodial wallet. It is essential to understand that your self-custodial wallet is provided to you by a third-party entity and is generally governed by separate terms and conditions imposed by said third-party entity. You shall be liable for ensuring full compliance and understanding the associated risks with your chosen self-custodial wallet provider. **Security** We cannot and do not guarantee that any content of the Website will be free from viruses and/or other code that may have contaminating or destructive elements. It is your responsibility to implement appropriate IT security safeguards (including antivirus and other security checks) to satisfy your requirements as to the safety and reliability of content. **INTELLECTUAL PROPERTY RIGHTS** The Website and and its entire contents, features and functionality (including but not limited to all information, software, text, displays, images, video and audio, and the design, selection and arrangement thereof), are owned by us, our licensors or other providers of such material and are protected by copyright, trademark, patent, trade secret and other intellectual property or proprietary rights laws. These Terms of Use permit you to use the Website for your personal, non-commercial use only. You must not reproduce, distribute, modify, create derivative works of, publicly display, publicly perform, republish, download, store or transmit any of the material on our Website, except as follows: (a) Your computer may temporarily store copies of such materials in RAM incidental to your accessing and viewing those materials. (b) You may store files that are automatically cached by your Web browser for display enhancement purposes. (c) You may print or download one copy of a reasonable number of pages of the Website for your own personal, non-commercial use and not for further reproduction, publication or distribution. (d) If we provide desktop, mobile or other applications for download, you may download a single copy to your computer or mobile device solely for your own personal, non-commercial use, provided you agree to be bound by our end user license agreement for such applications. You must not: (a) Modify copies of any materials from this site. (b) Delete or alter any copyright, trademark or other proprietary rights notices from copies of materials from this site. (c) Access or use for any commercial purposes any part of the Website or any services or materials available through the Website. If you print, copy, modify, download or otherwise use or provide any other person with access to any part of the Website in breach of the Terms of Use, your right to use the Website will cease immediately and you must, at our option, return or destroy any copies of the materials you have made. No right, title or interest in or to the Website or any content on the Website is transferred to you, and all rights not expressly granted are reserved by us. Any use of the Website not expressly permitted by these Terms of Use is a breach of these Terms of Use and may violate copyright, trademark and other laws. **PROHIBITED USES** You may use the Website and the products only for lawful purposes and in accordance with these Terms of Use. You agree not to use the Website and products: (a) In any way that violates any applicable national, regional, local or international law or regulation. (b) For the purpose of exploiting, harming or attempting to exploit or harm others in any way. (c) To send, knowingly receive, upload, download, use or reuse any material which does not comply with these Terms of Use. (d) To transmit, or procure the sending of, any advertising or promotional material without our prior written consent, including any "junk mail", "chain letter" or "spam" or any other similar solicitation. (e) To impersonate or attempt to impersonate us, another user or any other person or entity (including, without limitation, by using email addresses or screen names associated with any of the foregoing). (f) To engage in any other conduct that restricts or inhibits anyone's use or enjoyment of the Website, or which, as determined by us, may harm us or users of the Website or expose them to liability. In addition to the aforementioned, you further agree not to do any of the following with regards to our Website and the products:- (a) Republish, redistribute or re-transmit any data from any of our communications, analytics, and our Website without our permission. (b) Create links to the Website from any other website, without our prior written consent, although you may link from a website that is owned and operated by you provided that (a) the link is not misleading or deceptive and fairly indicates its destination, (b) you do not state or imply that we endorse you, your website, or any products or services you offer, (c) you do not create any misimpression or confusion among users with respect to sponsorship or affiliation, (d) you link only to the homepage of the Website, and (e) the linked website does not contain any content that is unlawful, threatening, abusive, libelous, pornographic, obscene, vulgar, indecent, offensive or which infringes on the intellectual property rights or other rights of any third party. (c) Use the Website in any manner that could disable, overburden, damage, or impair the site or interfere with any other party's use of the Website, including their ability to engage in real time activities through the Website. (d) Use any robot, spider or other automatic device, process or means to access the Website for any purpose, including monitoring or copying any of the material on the Website. (e) Use any manual process to monitor or copy any of the material on a Website or for any other unauthorized purpose without our prior written consent. (f) Use any device, software or routine that interferes with the proper working of a Website. (g) Introduce any viruses, trojan horses, worms, logic bombs or other material which is malicious or technologically harmful. (h) Attempt to gain unauthorized access to, interfere with, damage or disrupt any parts of a Website, the server on which the Website is stored, or any server, computer or database connected to any Website. **Governing Law** These Terms of Use are governed by the laws of the Cayman Islands, without regard to conflict of law principles. **Arbitration** Any dispute, controversy, or claim arising out of or relating to these Terms of Use, including the breach, termination, or validity thereof, shall be resolved exclusively through binding arbitration in George Town, Cayman Islands, conducted in English, under the rules of the International Chamber of Commerce (ICC). The arbitration shall be conducted by a single arbitrator appointed in accordance with ICC rules. You agree that arbitration is your sole remedy for disputes, except as provided in the opt-out provision below. **Class Action Waiver** To the fullest extent permitted by law, you irrevocably waive any right to bring or participate in any class action, collective action, consolidated action, or representative action against Yala Labs, its affiliates, officers, employees, agents, or partners (collectively, the “Yala Entities”), whether through arbitration, litigation, or any other means. All disputes must be resolved on an individual basis. You agree not to act as a plaintiff or class member in any purported class or representative proceeding related to your use of the Website, $YU, or any products and services offered. If this class action waiver is deemed unenforceable by a court or arbitrator, the arbitration provision above shall be null and void, and disputes shall be resolved in a court of competent jurisdiction in the Cayman Islands. This waiver does not eliminate your right to pursue individual claims under applicable law. **Opt-Out Provision** You may opt out of the arbitration and class action waiver provisions by sending written notice to within 30 days of first accessing the Website or accepting these Terms of Use, whichever occurs first. Your opt-out notice must include your full name, address, and a clear statement of your intent to opt out. If you opt out, disputes will be resolved in a court in the Cayman Islands under Cayman law. **CONFIDENTIAL INFORMATION** When using the Website, data may be transmitted over an open network which may allow such communications to be intercepted by third parties. As a result, we cannot guarantee the confidentiality or security of any communication or data that you may transmit to us through the Website. **LINKING TO THE WEBSITE AND SOCIAL MEDIA** You may link to our homepage, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it, but you must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part without our express written consent. **LINKS FROM THE WEBSITE** If a Website contains links to other sites and resources provided by third parties, these links are provided for your convenience only. This includes links contained in advertisements, including banner advertisements and sponsored links. We have no control over the contents of those sites or resources and accept no responsibility for them or for any loss or damage that may arise from your use of them. If you decide to access any of the third-party websites linked to any Website, you do so entirely at your own risk and subject to the terms and conditions of use for such website. We reserve the right to withdraw linking permission without notice. **THIRD PARTY SERVICES** Certain features of our Website may utilize the services and/or products of third party vendors and business partners, which services and/or products may include software, information, data or other services. Certain of these vendors and business partners require users who utilize such features to agree to additional terms and conditions. Your uses of such features constitute your agreement to be bound by these additional terms and conditions. These third party terms are subject to change at such third party’s discretion. We are not responsible and does not assume any liability whatsoever for acts, errors or omissions of any third-party service provider. **COLLECTION OF INFORMATION** We may collect information in several ways by your use of this Website, as well as from forms you submit to us, or personal correspondence, such as emails or letters that you send to us. We may ask you to voluntarily provide us with personal information on this Website. In addition, when you log onto the Website, our servers may log your IP address, the URL of your request and other information that is provided in the HTTP header. Also, our third-party service providers may ask you voluntarily to provide personal information on their websites and may share such personal information with us, as governed by their respective privacy policies. Our use of information received from a service provider will be dictated by the service provider's privacy policies. We may use your personal information to send you targeted messages, publications, news, and information about events, special offers, promotions and benefits. We may use third-party service providers to send and distribute e-mail and to perform other marketing and support functions. We may also use information we collect from you to improve the content of the Website, to enhance users' experiences when visiting the Website, and to customize the content and layout of the Website for each individual user. We may provide your personal information to service providers or contractors to perform functions on our behalf, such as, but not limited to, companies or individuals hired to: communicate news, deliver our promotional materials via e-mail and direct mail, promote our social media presence and activities, to develop, enhance, market or provide any of the products, and such other support functions as may be necessary. **CHANGES TO THE TERMS OF USE** We may revise and update these Terms of Use from time to time at our sole discretion. All changes are effective immediately when we post them. Your continued use of the Website following the posting of revised Terms of Use means that you accept and agree to the changes. You are expected to check this page frequently, so you are aware of any changes, as they are binding on you. **DISCLAIMER OF WARRANTIES** You understand that we cannot and do not guarantee or warrant that files available for downloading from the internet or the Website will be free of viruses or other destructive code. You are responsible for implementing sufficient procedures and checkpoints to satisfy your particular requirements for anti-virus protection and accuracy of data input and output, and for maintaining a means external to our site for any reconstruction of any lost data. We will not be liable for any loss or damage caused by a distributed denial-of-service attack, viruses or other technologically harmful material that may infect your computer equipment, computer programs, data or other proprietary material due to your use of the Website or any services or items obtained through any of the Website or to your downloading of any material posted on it, or on any website linked to it. Your use of any of the Website, the content and any services or items obtained through the Website is at your own risk. The Website, its content and any services or items obtained through the Website are provided on an "as is" and "as available" basis, without any warranties of any kind, either express or implied. We do not make any warranty or representation with respect to the completeness, security, reliability, quality, accuracy or availability of the Website. Without limiting the foregoing, we do not represent or warrant that any one of our Website, its content or any services or items obtained through the Website will be accurate, reliable, error-free or uninterrupted, that defects will be corrected, that our site or the server that makes it available are free of viruses or other harmful components or that such website or any services or items obtained through such Website will otherwise meet your needs or expectations. We hereby disclaims all warranties of any kind, whether express or implied, statutory or otherwise, including but not limited to any warranties of merchantability, non infringement and fitness for particular purpose. Some jurisdictions do not allow exclusion of warranties or limitations on the duration of implied warranties, so the above disclaimers may not apply to you in their entirety, but will apply to the maximum extent permitted by applicable law. **LIMITATION** In no event will we, our affiliates or their licensors, service providers, employees, agents, officers or directors be liable for damages of any kind, under any legal theory, arising out of or in connection with your use, or inability to use, any of our Website, or any website linked to them, any content on the Website or such other website or any services or items obtained through our Website or such other website, including any direct, indirect, special, incidental, consequential or punitive damages, including but not limited to, personal injury, pain and suffering, emotional distress, loss of revenue, loss of profits, loss of business or anticipated savings, loss of use, loss of goodwill, loss of data, and whether caused by tort (including negligence), breach of contract or otherwise, even if foreseeable. the foregoing does not affect any liability which cannot be excluded or limited under applicable law (which may include fraud). We will not be liable for any loss or damage arising from any use of your account by you or by any third party (whether or not authorized by you) including but not limited to cyber attacks, unauthorized access by any third party. PROHIBITION/RESTRICTION OF ACCESS You agree that we have the right to restrict your access to our Website and accompanying products via any technically available methods if we suspect, in our sole discretion, that:- (a) you are using our Website and the procuts for money laundering or any illegal activity; (b) you have engaged in fraudulent activity; (c) you have acquired cryptocurrencies, digital assets, cryptoassets, etc., using inappropriate methods, including the use of stolen funds to purchase the same; (d) you are the target of any sanctions administered or enforced by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or any other legal or regulatory authority in any applicable jurisdiction; (e) either you, as an individual or an entity, or your wallet address is listed on the Specially Designated Nationals and Blocked Persons List (“SDN List”), Consolidated Sanctions List (“Non-SDN Lists), or any other sanctions lists administered by OFAC; (f) you have otherwise acted in violation of these Terms of Use. If we have a reasonable suspicion that you are utilizing the Website and accompanying products for illegal purposes, we reserve the right to take whatever action we deem appropriate; or you are located, organized, or resident in a country or territory that we deem in our sole and absolute discretion, to be a high risk jurisdiction and/or you are utilizing an IP address originating from such countries. These countries include but are not limited to: Belarus, Cuba, Iran, North Korea (Democratic People’s Republic of Korea), People’s Republic of China, Russian Federation, Syria, and Venezuela; any jurisdiction identified on the OFAC Specially Designated Nationals (SDN) List or subject to comprehensive sanctions programs; any other country or region where the use of blockchain-based financial services is prohibited or restricted under local law. For the avoidance of doubt, we may amend the above mentioned list from time to time. RISK NOTICE Please read this entire section carefully as it contains important information pertaining to risks associated with $YU, our Website, and products and services. You are strongly advised to take independent legal advice on whether you are permitted under the laws of your jurisdiction to purchase $YU and/or utilize the products and services. We do not recommend that you purchase $YU or utilize the products and services unless you have prior experience with cryptographic tokens, blockchain-based software and distributed ledger technology and unless you have taken independent professional advice (including legal advice, tax advice and other relevant professional advice). You agree that you are solely responsible for making your own independent investigation and appraisal of the products and services offered on our Website. You shall fully understand and familiarize yourself with all the terms and conditions of the products and services, and the risks involved. You agree that you will only utilize the products and services on the basis of your own independent review and determination that the same are suitable and appropriate for you, taking into account your specific objectives, financial situation, experience, knowledge and particular needs. You expressly acknowledge that you have the appetite to assume all economic consequences and risks of utilizing the products and services and to the extent necessary, have obtained consultation from tax, legal and other advisers. **REGULATORY RISKS** (a) Regulatory status uncertain The regulation of digital tokens and/or cryptocurrencies such as $YU and the accompanying decentralized products and services is still in a very nascent stage of development globally. There exists a high degree of uncertainty as to how tokens and token-related activities are to be treated. The applicable legal and regulatory framework may change subsequent to the date of which you obtain $YU or interact with any of the products and services offered on our Website. Such change may be very rapid and it is not possible to anticipate with any degree of certainty the nature of such regulatory evolution. We do not in any way represent that the regulatory status of $YU and the accompanying products and services will remain unaffected by any regulatory changes that arise at any point in time before, during, and after your utilisation of the same. (b) No regulatory supervision We are not currently regulated or subject to the supervision of any regulatory body, we are not registered in any jurisdiction as any type of regulated financial institution or financial advisor and are not subject to the standards imposed upon such persons under any regulatory instrument. Such persons are required to comply with a variety of requirements and standards concerning disclosures, reporting, compliance, and conduct of their operations for purposes or maximizing investor protections. Since we are not subject to such requirements or standards, we will make decisions on those issues at our own discretion. While we will have regard to best practices for these issues, you will not necessarily enjoy the same extent and degree of investor or consumer protections as would be the case should you purchase/interact with products or services from regulated entities instead. (c) No fiduciary duties owed As we are not a regulated financial institution, we do not owe you any fiduciary duties. This means that we have no legal obligation to always act in good faith in the best interests of you. While we will have regard to the interests of you, it is also permitted to consider the interests of other key stakeholders and to prefer these interests over yours. This may mean that we are permitted to make decisions that conflict with or are not necessarily in your interests. Not owing any fiduciary duties also means that you may have limited rights of recourse against the us in the event of disputes. (d) Uncertainties in tax characterisation and tax treatment The tax characterization of digital tokens, digital assets and cryptocurrencies (such as $YU) is unclear. Accordingly, the tax treatment to which they will be subject is uncertain. All persons who wish to obtain $YU or utilize their digital assets/tokens for the purposes of interacting with our products and services should seek independent tax advice prior to deciding whether to obtain $YU or interact with the accompanying products and services offered on our Website. We make no representation as to whether any tax consequences may arise from holding $YU and/or the utilization of the products and services as set out on our Website. (e) Failure to obtain, maintain or renew licenses and permits Although as of the date of this Terms of Use, we are not obliged under any statutory requirements to receive any licenses and permits necessary for carrying out our activities, there is the risk that such statutory requirements may be adopted in the future. In this case, our business will depend on the continuing validity of such licenses and permits and its compliance with their terms. Regulatory authorities will exercise considerable discretion in the timing of license issuance and renewal and the monitoring of licensees’ compliance with license terms. Requirements which may be imposed by these authorities and which may require us to comply with numerous standards, recruit qualified personnel, maintain necessary technical equipment and quality control systems, monitor our operations, maintain appropriate filings and, upon request, submit appropriate information to the licensing authorities, may be costly and time consuming and may result in delays in the continuation of operation of our activities. Further, private individuals and the public at large possess rights to comment on and otherwise engage in the licensing process, including through intervention in courts and political pressure. Accordingly, the licenses we may need may not be issued or renewed, or if issued or renewed, may not be issued or renewed in a timely fashion, or may involve requirements which restrict our ability to conduct our operations or to do so profitably. (f) Unlawful or arbitrary government action Governmental authorities may have a high degree of discretion and, at times, act selectively or arbitrarily, without hearing or prior notice, and sometimes in a manner that is contrary to law or influenced by political or commercial considerations. Moreover, the government also has the power in certain circumstances, by regulation or government act, to interfere with the performance of, nullify or terminate contracts. Unlawful, selective or arbitrary governmental actions have reportedly included the denial or withdrawal of licenses, sudden and unexpected tax audits, criminal prosecutions and civil actions. Government entities in other jurisdictions have also used common defects in matters surrounding token sales as pretexts for court claims and other demands to invalidate or to void any related transaction, often for political purposes. In this environment, our competitors may receive preferential treatment from the government, potentially giving them a competitive advantage against us. **PRODUCT RISKS** (a) Attributes or functionalities or features We neither guarantee nor represent in any way that your holding of $YU and the utility of the products and services on our Website will entitle you to any rights, uses, purpose, attributes, functionalities or features. We reserve the right (in its sole and absolute discretion), to amend the uses, purposes, attributes, functionalities or features of $YU and the accompanying products and services. (b) Risk of enterprise failure There is no assurance of any success or development of the $YU tokens and the products and services offered on our Website. The aforementioned are in a constant state of development and are subject to further changes, updates and adjustments. Such changes may result in unexpected and unforeseen delays and impact. There is no assurance that the $YU tokens and accompanying products and services will be adopted or utilized by its target users and therefore, there exists the risk of enterprise failure. (c) Lack of development of market for $YU There may not be an active or liquid market for $YU, and the price may be highly volatile. Even if $YU is tradable in a secondary market, in practice, there may not be enough active buyers and sellers or the bid-ask spreads may be too wide. Accordingly, you may not be able to exit your token holdings easily. In the worst-case scenario where no secondary market develops, a token holder may not be able to liquidate his/her token holdings at all. **THIRD PARTY RISKS** The tokenized/decentralised nature of $YU and the products and services means that they are blockchain based. The security, transferability, storage, and accessibility of blockchain assets depends on factors outside of our control, such as the security, stability, and suitability of the underlying blockchain, mining disruptions, and who has access to the private key of any wallet where your $YU are stored. We do not represent or otherwise assure that we can prevent such external factors from having any direct or indirect adverse impact on any $YU and/or the products and services. Persons intending to purchase $YU or utilize the products and services should note that adverse events caused by such external factors may result in the loss of some or all $YU purchased and/or other cryptocurrencies utilized by way of the products and services. Such loss may be irreversible. We are not responsible for taking steps to recover any cryptocurrencies or digital tokens lost. **BLOCKCHAIN TECHNOLOGY RISKS** Our dependence on functioning software applications, computer hardware, underlying blockchain technology and the internet implies that we can offer no assurances that a system failure would not adversely affect the use of your $YU and/or the products and services. Despite our implementation of all reasonable network security measures, our processing servers are vulnerable to computer viruses, physical or electronic break-ins or other disruptions of a similar nature. Computer viruses, break-ins or other disruptions caused by third parties may result in interruption, delay or suspension of services, which would limit the use of $YU and/or the products and services. # Privacy Policy Privacy Policy Effective Date: 1 December 2023 Welcome to Yala Labs. Please take a few minutes to read this Privacy Policy carefully. ## 1. INTRODUCTION We respect your privacy and are committed to protecting your personal data.Please note that our Services are not intended for minors below the age of 18 years and we do not knowingly collect data relating to minors. This Privacy Policy sets out how Yala Labs ("we," "our," or "us") collects, uses, and shares information in connection with our Services as well as your rights and choices regarding such information. By using the Services, you hereby agree to the collection, use, and sharing of your information as described in this Privacy Policy. If you do not agree with the terms set out hereunder, please refrain from utilizing our Services and/or interacting with our website () (“Website”). It is important that you read this Privacy Policy together with any other Policy or policy we may provide on specific occasions when we are collecting or processing personal data about you so that you are fully aware of why and how we are using your data. This Privacy Policy supplements other policies and is not intended to override them. ## 2. WHAT INFORMATION WE COLLECT Personal data, or personal information means any information that relates to an identified or identifiable living individual. This is a broad definition which is not restricted solely to personal identification data (e.g. your name, address, date of birth, etc.). A “data subject” is an individual who can be identified, directly or indirectly, by personal data. This is usually by reference to an identifier such as a name, identification number, location data, an online identifier or to one or more factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of that natural person. Different pieces of information, which collected together can lead to the identification of a particular person, also constitutes personal data. Information Collected Automatically Yala Labs operates and provides its Services in a decentralized and permissionless manner, based on underlying smart contracts written into the underlying blockchain on which our Services are provided. Accordingly, when electing to utilize our Services, the following information may be collected from you automatically:- (a) Wallet Information: We may collect details relating to the wallet which you use for the purposes of interacting with/utilizing our Services (i.e. Wallet Address). This information allows us to: (i) monitor your access to the Services so as to ensure that you are not utilizing the same in any manner which may contravene our Webstie terms and conditions or any applicable laws; (ii) take necessary action (e.g. restricting or blocking your access to the Services) for the purposes as aforesaid; and (iii) to improve the interface and user experience of our Services. (b) Device Information: We may collect information about the device you use to access the Services (e.g. device type, operating system, browser type, and screen height and width). This information allows us to optimize the user interface according to the specifications of different devices and to troubleshoot any potential technical issues that may be associated with varying devices. (c) User Behavior Information: We may collect information about how you use our Services, including, the time you spend utilizing our Services, your preferred features and assets, your interaction with links embedded on our Website, and your search queries on our Website. By analyzing this data, we gain a deeper understanding of our users behavior, thereby allowing us to make continuous improvements to our Website and Services and to enhance the overall user experience. ### Information You Provide In addition to the above mentioned, we may collect the following information about you when you use the Services: (a) Correspondence and Content: When you submit any messages to us (such as feedback and questions to information support), we may collect your name and contact information, as well as any other content included in the message. This allows us to contact you so as to address your queries and where applicable, act on your feedback so as to improve our Services. (b) Miscellaneous: You may choose to voluntarily provide and other information to us that we have not solicited from you at your own discretion. In this instance, you are solely responsible for such information. ## 3. HOW WE USE THE INFORMATION COLLECTED We will only use the information collected as set out in this Privacy Policy when the applicable legislation allows us to or as otherwise set out hereto. Most commonly, we will use the information collected in the following circumstances: (a) Provision of Services: To make the Services available to you and perform the necessary actions such as responding to your comments, questions, and requests, and providing information support; sending you technical notices, updates, security alerts, information regarding changes to our policies, and support, administrative messages; detecting, preventing, and addressing fraud, breach of Terms, and threats, or harm; and compliance with legal and regulatory requirements. (b) Improving the Services: To continually improve the Services. (c) Legitimate interests: To further our legitimate interests (or those of a third party), where we make sure we use this basis as far as your interests and individual rights do not override those interests. (d) Consent: With your consent, which means freely given, specific, informed and unambiguous indication of your wishes by which you, by a statement or by a clear affirmative action, signify agreement to the processing of personal data relating to you; under specific circumstances this consent should be explicit – if this is the case, we will ask for it properly. (e) Compliance with Laws: As we believe necessary or appropriate to operate and maintain the security or integrity of our Services and Website, including to prevent or stop an attack on our computer systems or networks, investigate possible wrongdoing in connection with the Interface, enforce the terms and conditions pertaining to our Website and Services, and comply with applicable laws, lawful requests, and legal process, such as responding to subpoenas or requests from government authorities. (f) Facilitating Requests: To comply with your requests or directions. (g) Sale or Transfer of Business: We may also need to process your data in connection with or during the negotiation of any merger, financing, acquisition, bankruptcy, dissolution, transaction or proceeding involving all or a part of our shares, business or assets. This will be based on our legitimate interests in carrying out such transaction, or to meet our legal obligations. Notwithstanding the above, we may use information that does not identify you (including information that has been aggregated or de-identified) for any purpose except as prohibited by applicable law. ## 4. DISCLOSURE OF INFORMATION We may share or disclose information that we collect in accordance with the practices described in this section and for the purposes set out in the preceding section. The categories of parties with whom we may share information include: (a) Affiliates: We share information with our affiliates and related entities, including where they act as our service providers or for their own internal purposes. (b) Professional Advisors: We share information with our professional advisors for purposes of audits and compliance with our legal obligations. (c) Service Providers: We share information with third-party service providers for business purposes, including fraud detection and prevention, security threat detection, data analytics, information technology and storage, and blockchain transaction monitoring. All service providers that we engage with are restricted to only utilizing the information on our behalf and in accordance with our instructions. Notwithstanding the above, we may share information that does not identify you (including information that has been aggregated or de-identified) except as prohibited by applicable law. ## 5. THIRD PARTY SERVICES For the purposes of the Services, we may from time to time, work with third party services providers and/or integrate technologies operated or controlled by such third parties. Please note that when you interact with third parties, including when you leave our Website via third party links embedded thereto, such third parties may independently collect information about you and solicit information from you. The information collected and stored by the aforementioned third parties remains subject to their own policies and practices, including what information they share with us, your rights and choices on their services and devices, and the jurisdiction in which they store such information. Prior to accessing third party links or interacting with third parties through our Website and/or Services, please familiarize yourself with the respective privacy policies and terms of use of such third parties (e.g. by using a third party wallet to engage in transactions on public blockchains, your interactions with any third party wallet provider are governed by the applicable terms of service and privacy policy of that wallet provider). ## 6. COOKIES You can set your browser to refuse all or some browser cookies, or to alert you when websites set or access cookies. If you disable or refuse cookies, please note that some parts of the Services or Website may become inaccessible or not function properly. For more information about the cookies we use, please review the Cookie Preferences. Please note, a cookie is a small text file that is placed on your hard drive by a web page server. Cookies contain information that can later be read by a web server in the domain that issued the cookie to you. Some of the cookies will only be used if you use certain features or select certain preferences, and some cookies will always be used. You can find out more about each cookie by viewing our current cookie list below. We update this list periodically, so there may be additional cookies that are not yet listed. ### How we use Cookies We use cookies and other similar identifiers only to compile aggregate data about traffic and Website interaction to offer better user experiences and tools in the future. ### Types of cookies we use (a) Strictly Necessary Cookies: These cookies are essential for the Interface to function properly and enable basic features such as page navigation and access to secure areas of the Website. For the avoidance of doubt, cookies do not involve the collection of personal information. (b) Analytical/Performance Cookies: These cookies allow us to analyze how you use the Website and Services, which helps us improve its functionality and performance. (c) Functional Cookies: These cookies enable enhanced functionality and personalization of the website. They may remember your preferences, such as the wallet you previously used to connect. ## 7. DATA SECURITY While there is an inherent risk in any data being shared over the internet, we have put in place appropriate security measures to prevent your personal data from being accidentally lost, used, damaged, or accessed in an unauthorized or unlawful way, altered, or disclosed. Depending on the nature of the risks presented by the proposed processing of your personal data, we will have in place the following appropriate security measures: (a) Technical measures (including but not limited to physical protection of data, pseudonymization and encryption); and (b) Securing ongoing availability, integrity, and accessibility (including but not limited to ensuring appropriate back-ups of data are held). We have put in place procedures to deal with any suspected personal data breach and will notify you and any relevant regulator of a breach where we are legally required to do so. ## 8. DATA RETENTION To determine the appropriate retention period of your data, we consider the amount, nature and sensitivity of the data, the potential risk of harm from unauthorized use or disclosure of your personal data, the purposes for which we process your personal data and whether we can achieve those purposes through other means, and the applicable legal, regulatory, tax, accounting or other requirements. Here are some exemplary factors which we usually consider when determining how long we need to retain your personal data: (a) in the event of a complaint; (b) if we reasonably believe there is a prospect of litigation in respect to our relationship with you or if we consider that we need to keep information to defend possible future legal claims (e.g. email addresses and content, chats, letters will be kept up to 10 years following the end of our relationship, depending on the limitation period applicable in your country); (c) to comply with any applicable legal and/or regulatory requirements with respect to certain types of personal data; (d) in accordance with relevant industry standards or guidelines; (e) in accordance with our legitimate business need to prevent abuse of the promotions that we launch. We will retain a customer’s personal data for the time of the promotion and for a certain period after its end to prevent the appearance of abusive behavior. ## 9. DATA SUBJECTS IN THE EUROPEAN ECONOMIC AREA (EEA) AND THE UNITED KINGDOM ### Data Controller The General Data Protection Regulations in the European Economic Area and General Data Protection Regulations in the United Kingdom (collectively, "GDPR") distinguish between organizations that process personal data for their own purposes ("Controller") and organizations that process personal data on behalf of other organizations ("Processor"). For the purposes of the GDPR and this Privacy Policy, we collect data from you as a Controller. The Controller of your data is the entity that determines the “means” and the “purposes” of any processing activities that it carries out. ### Lawful Basis The GDPR requires a "lawful basis" for processing personal data. In other words, we have to ensure that we have a lawful basis for such use.\ \ Most commonly, we will use your personal data in the following circumstances: (a) Consent: You have given consent to the processing of your personal data for one or more specific purposes, either to us or to our service providers or partners; (b) Performance of Contract: means processing your data where it is necessary for the performance of a contract to which you are a party or to take steps at your request before entering into such a contract; we use this basis for provision of our Services; (c) Legitimate Interests: means our interests (or those of a third party), where we make sure we use this basis as far as your interests and individual rights do not override those interests. Where applicable, we will transfer your personal data to third parties subject to appropriate or suitable safeguards, such as standard contractual clauses.; (d) Compliance with a legal obligation: Processing your personal data is necessary for compliance with a legal obligation. ### Purposes for which we use your personal data We have set out below, in a table format, a description of all the ways we plan to use your personal data, and which of the legal bases we rely on to do so. We have also identified what our legitimate interests are where appropriate. Note that we may process your personal data for more than one lawful ground depending on the specific purpose for which we are using your data. | Purpose | Legal Basis | | ------------------------------------------------------ | ------------------------------------------------------------------------------------------------ | | Operating and managing the Services |

Performance of Contract

Legitimate Interests

Consent

| | Provision of Services to you |

Performance of Contract

Legitimate Interests

Consent

| | To communicate with you |

Performance of Contract

Legitimate Interests

| | Improving the Services |

Legitimate interests

Consent

| | Security and compliance with laws |

Compliance with Legal Obligation

Legitimate interests

Performance of Contract

| | Other purposes for which we have obtained your consent | Consent | We will only use your personal data for the purposes for which we collected it, unless we reasonably consider that we need to use it for another reason and that reason is compatible with the original purpose. ### Your Rights If you are a user in the European Economic Area or the United Kingdom, you have certain rights under the GDPR. These rights include the right to: (a) request access and obtain a copy of your personal data; (b) request rectification or erasure of your personal data; (c) object to or restrict the processing of your personal data; (d) request portability of your personal data. Additionally, if we have collected and processed your personal data with your consent, you have the right to withdraw your consent at any time. Notwithstanding the foregoing, we cannot edit or delete information that is stored on a particular blockchain. This information may include transaction data (i.e., purchases, sales, and transfers) related to your blockchain wallet address and any items held therein. To exercise any of these rights, please contact us via our email . We will respond to your request within thirty (30) days. We may require specific information from you to help us confirm your identity and process your request. Please note that we retain information as necessary to fulfill the purpose for which it was collected and may continue to retain and use information even after a data subject request in accordance with our legitimate interests, including as necessary to comply with our legal obligations, resolve disputes, prevent fraud, and enforce our agreements. You also reserve the right to lodge a complaint with the data protection regulator in your jurisdiction. ## 10. CHANGES TO THIS PRIVACY POLICY We reserve the right to amend and reissue this Privacy Policy from time to time at our sole and absolute discretion. We will endeavor to notify you as soon as reasonably possible regarding any amendments to this Privacy Policy or post a notification regarding the same on our Website. In this regard, you shall ensure that you take reasonable steps to keep yourself updated on the relevant changes to this Privacy Policy by checking our Website. Any changes made to this Privacy Policy will be effective immediately upon our posting of the revised Privacy Policy. Accordingly and for the avoidance of doubt, your continued use of the Services shall be indicative of your consent to the revised Privacy Policy then posted and prevailing. ## 11. CONTACT US If you have any questions or comments about this Privacy Policy, our data practices, or our compliance with applicable law, please contact us by email: .