> For the complete documentation index, see [llms.txt](https://source-code-systems.gitbook.io/better-bank/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://source-code-systems.gitbook.io/better-bank/overview/disclaimer.md).

# Disclaimer

#### BetterBank operates **exclusively on-chain**, free from centralized regulation, and governed by **immutable smart contract rules**. Users acknowledge and accept the following:

* **DeFi Risks** – The protocol is subject to **market volatility, smart contract vulnerabilities, and liquidation risks**. There are **no guarantees** of profitability or fund safety.
* **No Liability** – BetterBank is **not a legal entity** and in principle assumes **no responsibility** for user losses due to hacking, exploits, or poor risk management. The caretaking **team also does not assume** any such **responsibility** in principle.
* **Nothing is Offered or Requested** – **BetterBank is** just a **set of code** that users may utilize. It **doesn't offer anything**, but instead **generates** results. The BetterBank team **services** this code. Both the **BetterBank UI** as well as any other **speech or documentation** by the team, including this text, **merely inform** the public of BetterBank's workings. **Noone among the BetterBank team ever offers anything** that utilizing the BetterBank code might yield.
* **Ownership & Governance** – Holding **Esteem ($ESTEEM)** grants partial ownership but **not operational control** over the protocol. Future decentralization plans may include **renounced contracts and on-chain governance,** if doing so is considered **safe** by the team.
* **Treasury Management** – Funds are controlled via **multisig governance** for liquidity provisioning, investments, and community incentives.
* **Regulatory Compliance** – BetterBank **does not enforce KYC**, leaving users responsible for their own tax obligations. The platform remains **neutral in legal matters** and does not restrict financial transactions, because **it is just code** that may be utilized.
* **Eligibility for Use** – BetterBank **cannot know** **who operates** a wallet. Any **user is fully responsible** for **complying with** **any legal limitations** on using BetterBank **that apply to them**, such as certain citizenship, domicile, residence, age, or whatever else.
* **Financial Investigations Compliance** – Since **BetterBank** operates on networks that **provide complete transactional transparency**, Investigators of any sort may simply read the on-chain ledger.
* **Security & Education** – Users must exercise caution. The platform provides **educational materials and in-app warnings** but does **not compensate for losses**.
* These documents **are an excerpt** that show the most important information. **For full detail** on every tokenomics aspect, **read the whitepaper**, which is linked on [BetterBank’s home page](https://www.betterbank.io/).
* **Aave V3.0 code** – The **BetterBank** protocol includes the Aave V3.0 code. [The Aave V3.0 Licence Page](https://github.com/aave/aave-v3-core/blob/master/LICENSE.md) specifies that **this code** is now under [MIT Licence](https://mit-license.org/).

By using BetterBank, users fully accept these **terms, risks, and responsibilities**. 🚀