Terms of Service – Lendicator.app

1. Contracting Parties & Scope

• The contracting parties are Paul Lewicki, sole proprietor (natural person), operating under the brand lendicator.app ("Provider"), and the registered user ("User").
• These Terms of Service govern the use of automated US Dollar margin lending via Bitfinex as the supported exchange.
• Deviating conditions of the user only apply with express consent.

2. Service Description

• Lendicator exclusively enables automated margin lending in US Dollars via the supported exchange "Bitfinex".
• For this purpose, Lendicator stores the API key provided by the user (lending only).
• This storage is encrypted and exclusively for the technical enablement of the lending process.
• Storage of the encrypted API key is a prerequisite for lending.

3. API Key Permissions

• Only API keys with pure lending permission can be used – without permissions for withdrawals, purchases/sales, trading or other transactions. Keys with such permissions will be rejected (e.g., Margin Funding + Wallet Read are allowed)
• During setup, a technical verification of the keys takes place. Keys with unauthorized permissions will be deactivated or usage paused.
• The provider has no access to the balance – only to the lending transactions permitted via the key.

4. Registration & Contract Formation

• Usage requires registration with a valid email address and providing a valid API key.
• The contract is formed once registration is completed and the key is accepted.

5. User Obligations

• The user ensures that their API key exclusively has lending permissions for USD.
• The keys must originate from the supported exchange "Bitfinex" and be valid.

6. Risks & Liability

• Lendicator stores the API key encrypted, the balance remains on the exchange account at Bitfinex.
• Lending occurs automatically according to user parameters.
• Risks include:
• • Exchange insolvency or hacker attacks
• • Market volatility
• • Technical failures at the exchange or Lendicator
• Lendicator is only liable for intentional or grossly negligent breaches of duty. Liability for lost interest, losses due to exchange failure or market risks is excluded.

7. Pricing

8. Contract Duration & Termination

• The contract runs for an indefinite period.
• The user can terminate at any time by deleting their account.
• Upon deletion, all stored data, including API keys, will be completely deleted.

9. Data Protection

• The separate data protection provisions of Lendicator.app apply.
• Collected data (email, API key) is stored (encrypted in the case of the API key) and processed in accordance with GDPR.

10. Amendment of Terms

• Changes will be communicated in text form (e.g., email).
• If the user does not object within four weeks, the new terms are deemed accepted. Otherwise, the contract can be terminated.

11. Final Provisions

• German law applies. Place of jurisdiction is, where permissible, the residence of the operator.
• Should individual provisions be invalid, the validity of the remaining provisions remains unaffected.