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BY USING THE ROOST PLATFORM, YOU ACKNOWLEDGE AND AGREE TO THE TERMS AND CONDITIONS OUTLINED ABOVE. THE DECENTRALIZED NATURE OF THE ROOST PROJECT ENSURES A COMMUNITY-DRIVEN FUTURE, BUT IT ALSO COMES WITH CERTAIN RISKS.

TERMS & CONDITIONS

ON MY TERMS YOU MOTHERCLUCKRS !!

PRIVACY POLICY

I WANT MY PRIVACY DAMN IT !! WHY DO YOU THINK I'M A BLUE CARTOON ROOSTER FFS !

DISCLAIMER

I THINK I'M A BLUE ROOSTER BUT I COULD BE PRESIDENT OF THE UNITED STATES FOR ALL I KNOW ? HELP ME !

Project Ownership and Structure

The Roost project is a decentralized, community-driven initiative and is not owned or controlled by any single individual or entity. Following the abandonment of the project by its initial founders, a Community Take Over (CTO) was initiated, transferring the project’s management to a decentralized group of community members. The CTO has implemented a Decentralized Structure for governance, with funds and liquidity managed through a Multi-signature (Multi-sig) Wallet to ensure transparency and collective decision-making.

Decentralized Governance and Risk Acknowledgment

By adopting this decentralized governance model, the Roost project has eliminated the risk of any single person having full control over the project or its funds. This structure minimizes the possibility of a single individual accessing or stealing project funds, as multiple parties must approve any transactions involving the project’s assets.

However, users should be aware of certain risks inherent in this model:

Funds Accessibility Risk: If key multi-signature holders become inactive or unavailable, there is a potential risk that the project’s funds, liquidity, and assets could become inaccessible or “stuck” indefinitely.
By using Roost services and interacting with the project, you acknowledge these risks and agree that the decentralized structure, while aimed at promoting transparency and security, carries certain limitations in terms of fund management.

User Responsibilities

Users of the Roost platform are expected to:

  • Understand the decentralized nature of the project and the risks associated with multisignature governance.

  • Use the platform in accordance with any applicable laws and regulations related to decentralized finance (DeFi) and blockchain technology.

Amendments and Updates

The Roost project’s Terms of Use may be updated from time to time to reflect changes in the project’s governance, legal landscape, or platform functionalities. Users are encouraged to regularly review this document to stay informed of any updates or modifications.

$ROOST LEGAL

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