Effective date: January 4, 2022
Welcome! Thank you for visiting Beema.Finance. Please take some time to read this entire Terms of Service (“Terms of Service” or “Agreement”) carefully. If you have any questions about our Terms of Service, please email [email protected].
You are entering into a legally binding agreement with Beema Finance LLC, an Oregon limited liability company (“we” or “us” or “our” or “Beema Finance”). These Terms of Service set out the terms and conditions and terms of service upon which we grant you permission to access, visit, and use the website Beema.Finance and the other applications, websites and webpages owned and operated by Beema Finance (collectively “Website”) and the content, information, features, functionality, applications, software, technologies, platform, offerings and services available through the Website (collectively “Services”), and establishes your rights and obligations as a user of our Services. These Terms of Service govern your use of our Services.
If you object to anything in our Terms of Service (or otherwise do not understand or agree to be bound by our Terms of Service), then do not use our Services. If you use our Services in any way, you acknowledge that you have read, understand, and agree to our Terms of Service. It is your responsibility to carefully read and make sure you understand the risks described in our Terms of Service, particularly Section 7 “Disclosures and Risks.” If you cannot afford to undertake the risks associated with participating in our products or services, you should not open an account with Beema Finance.
There are risks associated with participating in our products or services. Before you establish an account with Beema Finance, you should carefully read our Terms of Service and the risks described on our website. If you have any questions concerning our terms and conditions or the risks associated with participating in our products or services, you are urged to consult with your personal financial, tax, legal or other advisors. Beema Finance does not provide tax, legal or financial advice. Beema Finance is not a bank, a broker or an investment advisor. Therefore, any amounts which you place in an account with Beema Finance will not be protected by the Federal Deposit Insurance Corporation (FDIC) or the Securities Investor Protection Corporation (SIPC) if Beema Finance fails or experiences serious financial difficulties. Because transactions in cryptocurrency can be irreversible, you may not be able to recover any loss that you incur as a result of a fraudulent or unintended transaction. If you do not agree with any provision of our Terms of Service or you cannot afford to undertake the risks associated with participating in our products or services, you should not open an account with Beema Finance.
We may change our Terms of Service at any time. We will provide you with notice of any material changes and tell you the date on which such changes will be effective. We may provide this notice to you by email or by posting a notice on the Website. It is your responsibility to review any changes to our Terms of Service. If you object to any of the changes to our Terms of Service (or otherwise do not understand or agree to any of the changes to our Terms of Service), then do not continue to use our Services. By continuing to access or use our Services following notice of any change to our Terms of Service, you acknowledge that you have read, understand, and agree to our Terms of Service as changed. Some of the services and features that you can access through our Services are offered directly by, or in partnership with, third parties (“Third Party Services” or “Third Party Providers”). To access those Third Party Services, you may be required to agree to additional terms and conditions directly with one or more Third Party Providers and those terms shall govern your use of such Third Party Services (“Third Party Terms”).
Please be advised that our Terms of Service affect your legal rights and contains provisions that govern how claims you and Beema Finance have against each other are resolved (see Section 14 – Dispute Resolution). You should read the entire Terms of Service carefully before accepting it.
You may print a copy of our Terms of Service by using the print button or feature in your browser. We suggest retaining a copy for future reference.
Beema Finance is not a bank, a broker or an investment advisor and does not offer any federal or state banking or depositary services to its users. Beema Finance offers a seamless connection between users and smart contracts on Anchor protocol, which is a decentralized blockchain protocol powered by Terraform Labs Pte Ltd. Beema Finance does not generate yield (or any form of return) for you, rather, yields, if any, are generated by the Anchor Protocol.
The then-current interest rate displayed on the Website is not a representation or promise of future performance. Historic interest rates with regard to supplying digital assets to the Anchor Protocol are not an indicator that such rates will be available to you in the future. Funds supplied to Anchor Protocol through Beema Finance’s Services are not insured by the FDIC or any other federal, state or local regulatory agency.
Digital assets are not bank deposits, legal tender, or backed by the any federal, state or local government. Accounts and value balances are not subject to FDIC or SIPC or any other governmental or government-backed protections. Legislative and regulatory changes or actions at the state, federal or international level may adversely affect the use, transfer, exchange and value of digital assets, and your digital assets could lose some or all of their value.
Beema Finance does not exchange any digital currencies on behalf of its users. Exchange services are rendered by Third Party Providers.
There are risks involved with supplying funds or digital assets to the Anchor Protocol generally and doing so utilizing Beema Finance’s Services. You may lose some or all of your funds transferred in connection with Beema Finance’s Services.
Any yields earned on your money will result from the Anchor Protocol rather than from Beema Finance. The yield on Anchor Protocol will be variable and may drop from time to time. Beema Finance can provide no assurance that you will realize any particular yield or that you will not lose some or all of your money. For additional information regarding the Anchor Protocol and its associated risks, please refer to: https://docs.anchorprotocol.com.
The following rules and policies (collectively “Rules and Policies”) are incorporated into and made part of our Terms of Service: