Terms and Conditions
Terms and Conditions that were last modified on May 12, 2025.
Last updated
Terms and Conditions that were last modified on May 12, 2025.
Last updated
These Terms and Conditions (the "Agreement") explain the terms and conditions by which you may access and use the products and services provided by , operated by Plume Network Inc. The products and services shall include, but shall not necessarily be limited to, (a) , a website-hosted user interface (the "Interface" or "Platform") and (b) any other products or services that link to this Agreement (collectively, the “Products”). You must read this Agreement carefully as it governs your use of the Products. By accessing or using any of the Products, you signify that you have read, understand, and agree to be bound by this Agreement in its entirety.
NOTICE: This Agreement contains important information, including a binding arbitration provision and a class action waiver, both of which impact your rights as to how disputes are resolved. Our Products are only available to you — and you should only access any of our Products — if you agree completely with these terms.
The Interface provides a web-based means of access to a decentralized protocol on various public blockchains, including but not limited to Ethereum and related blockchains, including the Plume Network, that allows users to deposit tokens in order to generate yield rewards in exchange for their staking of assets, in addition to other lawful purposes (the "Nest Protocol" or the "Protocol"). The Interface is distinct from the Protocol and is one, but not the exclusive, means of accessing the Protocol. The Protocol is composed of open-source or source-available self-executing smart contracts that are deployed on various public blockchains, such as Plume, Ethereum, Arbitrum, Base, and other public blockchains that Protocol may deploy to in the future.
The Nest Protocol enables fund managers and asset issuers to create “Vaults” generated by the Protocol that represent and accrue yield based on baskets of digital assets that are deposited into the Protocol, including real-world assets, as well as other crypto assets. Vault Tokens that users mint after depositing into Vaults may be managed or traded independently of the underlying tokens.
Additional products may include tools for asset verification, real-time pricing, and integration with other DeFi protocols, as well as any future services developed by Plume Network Inc. that link to this Agreement.
To access or use any of our Products, you must be able to form a legally binding contract with us. Accordingly, you represent that you are at least the age of majority in your jurisdiction and have the full right, power, and authority to enter into and comply with the terms and conditions of this Agreement on behalf of yourself and any company or legal entity for which you may access or use the Interface. If you are entering into this Agreement on behalf of an entity, you represent to us that you have the legal authority to bind such entity.
You further represent that you are not (a) the subject of economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties (including but not limited to the list maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury) or (b) a citizen, resident, organized, or otherwise located in a jurisdiction where the Interface may be ineligible for use (including without limitation the United States of America) (collectively, “Restricted Persons”), or (c) a citizen, resident, organized, or otherwise located in a jurisdiction or territory that is the subject of comprehensive country-wide, territory-wide, or regional economic sanctions by the United States or the Marshall Islands.
IF YOU ARE A RESTRICTED PERSON, THEN DO NOT USE OR ATTEMPT TO USE THE INTERFACE. USE OF ANY TECHNOLOGY OR MECHANISM, SUCH AS A VIRTUAL PRIVATE NETWORK (“VPN”) TO CIRCUMVENT THE RESTRICTIONS SET FORTH HEREIN IS PROHIBITED.
EACH TIME YOU ACCESS OR USE THE INTERFACE, YOU CONFIRM THAT (A) YOU ARE NOT A RESTRICTED PERSON AND (B) YOU (INCLUDING, IF APPLICABLE, YOUR INDIVIDUAL OWNERS, REPRESENTATIVES, EMPLOYEES) WILL NOT COORDINATE, CONDUCT OR CONTROL (INCLUDING BY, IN SUBSTANCE OR EFFECT, MAKING DECISIONS WITH RESPECT TO) YOUR USE OF THE INTERFACE FROM WITHIN THE UNITED STATES OF AMERICA OR ANY RESTRICTED TERRITORY.
By accessing and using any of our Products, you represent that you are financially and technically sophisticated enough to understand the inherent risks associated with using cryptographic and blockchain-based systems, and that you have a working knowledge of the usage and intricacies of digital assets such as Ether (ETH), stablecoins, tokenized RWAs, and other digital tokens such as those following the Ethereum Token Standard (ERC-20). In particular, you understand that the markets for digital assets are nascent and highly volatile due to risk factors including, but not limited to, adoption, speculation, technology, security, and regulation.
You acknowledge that the value of tokens and services accessed through the Interface may be affected by external factors such as market conditions, regulatory changes, or the performance of underlying assets. You assume all risks associated with losses while digital assets are being supplied to the Protocol, including but not limited to losses due to price fluctuations or smart contract failures.
As described in the Nest Protocol licenses, the Protocol is provided "as is," at your own risk, and without warranties of any kind. Although Plume Network Inc., developed much of the initial code for the Protocol, it does not provide, own, or control the Protocol, which is run by smart contracts deployed on public blockchains.
The Platform may integrate with third-party services, such as smart contract developers, data providers, or custody providers. We are not responsible for the performance, security, or availability of these third-party services. Your use of such services is at your own risk and subject to the terms of those providers.
The Interface and Protocol, including their design, code, and content, are open-source or source-available software, and their use is governed by their applicable licenses. You must comply with these licenses when interacting with the Interface or Protocol.
You agree not to engage in any of the following activities:
Use the Products for any illegal or unauthorized purpose, including violating any applicable laws or regulations. IT IS YOUR RESPONSIBILITY TO ENSURE COMPLIANCE WITH ANY APPLICABLE LAWS OR REGULATIONS IN THE JURISDICTION(S) GOVERNING YOUR CONDUCT.
Attempt to hack, disrupt, or interfere with the operation of the Interface or Protocol.
Use the Products to engage in market manipulation, fraud, or deceptive practices.
Misrepresent your identity or affiliation when using the Products.
Otherwise engage in any illegal or illicit or non-compliant activity utilizing the Interface or Protocol.
All wallet addresses utilizing the Interface or Protocol shall be screened against third-party blockchain analytics firms’ databases of wallet addresses connected with illicit activity or sanctions (“Suspicious Wallets”). For wallet addresses that have previously deposited tokens in the Protocol and have subsequently been reclassified as Suspicious Wallets, Vault Tokens associated with such wallet addresses may be frozen.
Once a Vault Token is associated with a Suspicious Wallet and is frozen, Plume Network Inc. has limited administrative privileges as it relates to the smart contract code that results in the freezing of assets connected to Suspicious Wallets. If you believe your wallet address has been incorrectly screened by the Interface or your Vault Tokens incorrectly frozen, please contact compliance@plume.org for further assistance.
Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration administered by “All disputes arising out of or in connection with the present contract shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with the said Rules. The seat of arbitration proceedings shall be the Road Town, British Virgin Islands, and the language of the arbitration shall be English.
You agree that any disputes will be resolved on an individual basis, and you waive any right to participate in a class action lawsuit or class-wide arbitration.
This Agreement shall be governed by and construed in accordance with the laws of the Republic of the Marshall Islands, without regard to its conflict of law principles.
We may revise and update this Agreement from time to time in our sole discretion. All changes are effective immediately when posted and apply to all access to and use of the Products thereafter. Your continued use of the Products following the posting of changes constitutes your acceptance of such changes.
For any questions or concerns regarding this Agreement or the Products, please contact us at:
Email: compliance@plume.org