Balanced is a decentralized peer-to-contract protocol for the creation of synthetic assets and the trading of IRC-20 tokens. The protocol consists of free, publicly available, open-source software, including smart contracts that are deployed on the ICON blockchain.

Use of the Balanced protocol involves various risks, including, but not limited to, losses in connection with the deposit of digital assets to the Balanced protocol, and losses due to the fluctuation of prices of tokens in a trading pair or liquidity pool on the Balanced decentralized exchange.

Before using the Balanced protocol, you should perform all necessary due diligence to make sure you understand how the Balanced protocol works and the risks associated with your use of the Balanced protocol. The Balanced protocol is accessible through a variety of web and mobile interfaces; your use of any such interfaces may subject you to costs imposed in connection therewith, and additional risks relating to the use thereof. Before accessing the Balanced protocol through a web or mobile interface, you should perform all necessary due diligence to ensure that you fully understand any costs, conditions, and risks associated with such interfaces.

BY ACCESSING THE BALANCED PROTOCOL, YOU ACKNOWLEDGE AND AGREE THAT YOUR USE OF THE BALANCED PROTOCOL IS ENTIRELY AT YOUR OWN RISK. The Balanced protocol is available for use to the public on an “as-is” basis, and no representations or warranties of any kind are made with respect to the Balanced protocol, its operations and functionality, or its fitness for any specific purpose.

The Balanced protocol is operated by smart contracts deployed on the ICON blockchain. Although early contributors, along with various partners, were involved in the development of the code for the Balanced protocol, the early contributors do not own, control, offer, or provide the Balanced protocol for use to the public. The Balanced protocol is managed and administered by holders of the Balanced protocol’s BALN governance token. No entity or individual, including, without limitation, the early contributors, their partners, and the respective founders, officers, employees, agents, or representatives, will be liable for any losses, claims or damages whatsoever associated with the Balanced protocol, including any direct, indirect, incidental, special, exemplary, punitive or consequential damages, or loss of profits, cryptocurrencies, tokens, or anything else of value.