Eligibility Criteria
YieldFi products are designed for users with a high degree of technical competence and risk awareness. By interacting with Tokens and/or blockchain-based certificates (together, “YieldFi Instruments”) or associated interfaces, you confirm that you meet the criteria below and understand the risks involved. These criteria are intended to help ensure that participants can responsibly interact with non-custodial infrastructure and assess the risks of sophisticated on-chain financial products.
Technical and Operational Proficiency
You should reasonably be able to demonstrate the following capabilities:
Proficiency using non-custodial wallets (e.g., MetaMask, Rabby, Safe, hardware wallets).
Ability to securely manage private keys, seed phrases, and wallet permissions.
Experience interacting with Layer 2 networks and alternative blockchain ecosystems (e.g., Arbitrum, Optimism, Base, Berachain).
Competence in signing, approving, and revoking on-chain transactions.
Familiarity with decentralised exchanges (DEXs), aggregators, and DeFi interfaces.
Understanding of core DeFi concepts such as LP tokens, slippage, gas fees, transaction finality, and MEV.
Awareness of differences between APR and APY, impermanent loss, and yield mechanics.
Understanding of smart contract risks, oracle risks, governance risks, and protocol-level exploits.
Familiarity with collateralisation models, liquidation thresholds, and minting/redemption mechanics (where applicable).
Habit of reviewing documentation before interacting with contracts.
Practice of verifying contract addresses and interfaces prior to transactions.
Ability to monitor positions using on-chain tools (e.g., DeBank, Zapper, Arkham).
Awareness of potential tax obligations arising from crypto activity.
Capacity to review third-party audits and security reports at a high level.
Use of appropriate security practices (e.g., hardware wallets, multisig, wallet segmentation).
Emotional and financial discipline when navigating volatile market conditions.
YieldFi does not assess individual competence and bears no responsibility for losses resulting from user error, misuse, or failure to follow security best practices.
Product Structure and Key Risks
YieldFi Instruments are high-risk and may result in partial or total loss.
YieldFi’s vault structure is designed as a bankruptcy-remote arrangement with complete segregation of user funds at the vault level; however, this design does not eliminate risks, including (without limitation) market risk, liquidity risk, counterparty risk, operational risk, technology risk, smart contract risk, custody/key-management risk, oracle risk, governance risk, and legal/regulatory risk.
The value of YieldFi Instruments may fluctuate and may not perfectly track any reference value or underlying exposure due to fees, market conditions, liquidity constraints, timing effects, slippage, and operational mechanics.
Past performance is not indicative of future results.
Legal and Compliance Criteria
By interacting with YieldFi products, you confirm that:
You are legally permitted to enter into binding agreements (typically 18+).
You comply with all applicable local laws relating to digital assets and financial products.
You are solely responsible for determining whether YieldFi Instruments are lawful to acquire, hold, use, or dispose of in your jurisdiction.
Your funds are derived from legitimate sources and are not linked to unlawful activity.
You are not subject to sanctions or restrictions under Applicable Law.
Restricted Jurisdictions
YieldFi Instruments are not offered to U.S. Persons, nor to any person or entity located in or ordinarily resident in the United States. YieldFi Instruments are also restricted in certain other jurisdictions due to regulatory, legal, or compliance considerations, including (but not limited to):
The United Kingdom
China
Jurisdictions subject to international sanctions
You are solely responsible for verifying whether you are permitted to access YieldFi products under your local law. For the latest restrictions and binding documentation, please refer to the Legal Documents section.
Acknowledgement
By dealing in YieldFi Instruments, you confirm that:
You understand the technical, legal, and financial risks involved,
You meet the eligibility criteria above, and
You accept full responsibility for your participation.
If you do not meet these criteria, you must not interact with YieldFi Instruments or associated systems.
Last updated