Risk Disclosures

Important Disclosures

These disclosures are provided to help you understand the risks associated with using DoronX's financial services. This document is not exhaustive — financial activities carry inherent risks that cannot all be predicted or described in full.

By using DoronX you confirm that you have read, understood, and accept these risk disclosures, and that you are making your own independent financial decisions.

Cryptocurrency Risks

Cryptocurrency assets are highly speculative and volatile. Trading them carries substantial risks including but not limited to:

• Extreme price volatility: Crypto asset prices can fluctuate by 20–80% or more within hours. There is no price floor — an asset's value can fall to zero.
• Transaction irreversibility: Blockchain transactions are final. Sending crypto to a wrong address, wrong network, or after a scam cannot be reversed by DoronX or anyone else.
• Network risk: Blockchain networks can experience congestion, forks, 51% attacks, or protocol-level failures outside DoronX's control.
• Liquidity risk: During periods of high volatility, it may be difficult to buy or sell crypto at expected prices. Spreads can widen significantly.
• Regulatory risk: Governments may restrict, ban, or heavily regulate cryptocurrency in your jurisdiction at any time, potentially making your holdings illiquid or worthless.
• Scam & phishing risk: The crypto ecosystem is target-rich for scammers. DoronX will never ask for your private keys, seed phrases, or passwords. Always verify you are on the official app.

DeFi Protocol & Vault Risks

The DoronX Vault integrates with AAVE v3 on Polygon to generate yield on USDC deposits. While AAVE is one of the most established DeFi protocols, using it carries significant risks:

• Smart contract risk: AAVE v3 and Polygon smart contracts, like all blockchain code, may contain bugs or vulnerabilities that could result in partial or total loss of deposited funds, even after audits.
• Variable yield: APY rates displayed in the app are indicative and change in real time based on supply and demand. Displayed rates are not guaranteed and may fall to near zero.
• Stablecoin depeg risk: USDC is a stablecoin designed to maintain a $1.00 peg. In extreme market conditions, stablecoins have depegged, causing losses. DoronX does not guarantee USDC's peg.
• Polygon network risk: Validator failures, governance attacks, or bridge failures on the Polygon network could affect your deposited funds.
• Withdrawal delay: Under extreme market conditions, liquidity in AAVE pools may be reduced, temporarily preventing or delaying withdrawals.

Market & Exchange Rate Risk

All financial transactions on DoronX are subject to market risk, including:

DoronX uses live market rates for all trades. The rate you see at the moment of viewing may differ from the rate at the time your transaction is processed. The final rate is shown at confirmation and is binding once you confirm.

Platform & Operational Risks

• Service availability: DoronX aims for maximum uptime but cannot guarantee uninterrupted access. Scheduled and unscheduled maintenance may affect service availability.
• Transaction delays: On-chain transactions depend on blockchain confirmation times outside our control. During high network congestion, confirmation may take significantly longer than usual.
• Security incidents: Despite robust security measures, no platform is immune to security incidents. A successful attack could affect your funds or personal data.
• Device risk: If your device is compromised (malware, rooted), attackers may gain access to your DoronX account. Use only trusted devices and keep your OS updated.
• Human error: Entering wrong amounts, wrong addresses, or confirming unintended transactions. Always review transaction details carefully before confirming.

Regulatory & Legal Risk

• Jurisdictional restrictions: Certain features may not be available in your country due to local laws. It is your responsibility to ensure you are using DoronX in compliance with applicable laws.
• Tax obligations: Cryptocurrency transactions may be subject to capital gains tax, income tax, or other taxes in your jurisdiction. DoronX does not provide tax advice. Consult a qualified tax professional.
• KYC/AML requirements: Regulatory changes may require us to implement additional identity verification at any time, which could restrict your access pending verification.
• Banking relationships: Changes in our banking relationships with Mobile Money operators or banking partners could affect certain deposit or withdrawal methods.

Third-Party Service Risks

DoronX integrates with third-party providers. Risks associated with these integrations include:

DoronX is not responsible for outages, failures, or policy changes by third-party providers. We will communicate any material disruptions as quickly as possible.

USD Virtual Card Disclosures

• Issuer risk: Virtual cards are issued through Maplerad's card programme. Changes to their programme, banking relationships, or regulatory status may affect card availability.
• Merchant acceptance: Not all merchants accept virtual cards. Some merchants may block virtual or prepaid cards by policy.
• Currency conversion: Transactions in currencies other than USD will be converted at the then-current exchange rate plus any applicable conversion fee.
• Card security: You are responsible for keeping your card details secure. Unauthorised transactions should be reported immediately for dispute resolution.
• Fund availability: Card funds are not bank deposits and are not covered by deposit insurance. In the event of Maplerad's insolvency, recovery of funds may be uncertain.

DORX Token & Games Arena Disclosures

• Game outcomes: Games on DoronX involve real-money DORX entry fees. You may lose your entry fee. Games are based on skill but outcomes are not guaranteed.
• Server availability: Multiplayer games depend on game server uptime. Disconnections may result in forfeit of entry fees in accordance with individual game rules.
• DORX conversion: DORX to fiat conversion rates within the platform are set by DoronX and may change. DoronX does not guarantee a specific exchange rate for DORX.

No Financial or Investment Advice

Market data, rates, and analytics displayed within DoronX are for informational purposes only and do not constitute a recommendation to buy, sell, or hold any asset. Past performance displayed in charts or statistics does not indicate future results.

DoronX is not a licensed investment adviser, broker-dealer, or financial planner. We facilitate transactions at your direction — the decision to transact is always yours.

Our Regulatory Status

DoronX is operated by Lazy Logic Limited. We are registered and operate in compliance with applicable laws and regulations in the jurisdictions where we offer services.

• Company registration: Lazy Logic Limited, a registered company. Registration details available upon request.
• KYC/AML: We implement Know Your Customer and Anti-Money Laundering procedures in compliance with financial regulations.
• Not a licensed bank: DoronX is not a bank. Funds held in your wallet are not covered by any government deposit guarantee scheme.
• Cross-border services: Access to certain features may be restricted based on your location. We comply with applicable sanctions lists.

Questions & Concerns