Last updated: October 2025
Welcome to Paystream, a decentralized finance protocol designed to optimize lending, borrowing, and leveraged liquidity provisioning (“LLP”) through peer-to-peer (P2P) matching and integrations with protocol-level frameworks such as Kamino, MarginFi, and Meteora. These Terms of Use (“Terms”) govern your participation in the Paystream Token Generation Event (the “ICO”) hosted in partnership with MetaDAO, and your use of the Paystream website, smart contracts, and related services (collectively, the “Platform”). By accessing or participating in the ICO, you acknowledge that you have read, understood, and agree to be bound by these Terms.
The Paystream Protocol is governed by Paystream DAO LLC, a decentralized autonomous organization that will be incorporated under the laws of the Republic of the Marshall Islands, in accordance with the DAO Act (2022). DAO governance decisions, token allocations, and treasury management are executed transparently on-chain and may evolve through DAO voting mechanisms. All intellectual property, including smart contracts, brand assets, and protocol infrastructure, is held in trust by the DAO LLC.
Note: Paystream DAO LLC will be registered in the Marshall Islands and is currently in the process of incorporation (not yet incorporated). More details can be found in the Operating Agreement
By participating in the ICO or interacting with the Platform, you represent and warrant that: You are at least 18 years old and have full legal capacity. You are not a citizen, resident, or located in any jurisdiction where participation in token sales or DeFi protocols is prohibited or restricted. You are not a resident of the United States, China, or any jurisdiction sanctioned by OFAC or subject to international restrictions. You are purchasing tokens for utility and governance purposes, not for speculative or investment purposes. Participation in the ICO from restricted jurisdictions is strictly prohibited.
The Paystream Protocol enables: Lending & Borrowing: Matching lenders and borrowers on-chain through P2P rates. Leveraged Liquidity Provisioning (LLP): Allowing users to borrow from Paystream’s lending pool to enter leveraged LP positions across supported AMMs. Yield Optimization: Routing unmatched funds into integrated DeFi protocols to maximize APY efficiency. Paystream operates as a non-custodial protocol. Users interact directly with on-chain contracts via self-custody wallets such as Phantom, Backpack, or Solflare.
The Paystream ICO will be conducted through MetaDAO’s decentralized launch interface. Tokens will be distributed according to the public allocation schedule approved by the DAO. No tokens will be distributed or transferable before the Token Generation Event (TGE) completion and final DAO ratification. Team and contributor allocations are subject to vesting and lockup periods defined in the Paystream Tokenomics documentation. MetaDAO acts solely as a launch facilitator, not as an issuer, broker, or underwriter. Important Disclaimers Token purchases are non-refundable. Token value may fluctuate significantly; no returns or profits are guaranteed. Token ownership does not constitute equity, security, or claim over DAO treasury.
Paystream is entirely non-custodial. You maintain full control over your wallet and private keys. You acknowledge and agree that: You are solely responsible for securing your private keys and wallet credentials. Transactions executed on-chain are irreversible. The DAO, MetaDAO, or its contributors cannot recover lost or compromised wallets. Any loss resulting from mismanagement, smart contract interactions, or network errors is at your own risk.
You agree not to: Participate in the ICO or protocol for any illegal or fraudulent purpose. Engage in money laundering, terrorist financing, or sanctions violations. Exploit bugs, vulnerabilities, or perform front-running, sandwiching, or oracle manipulation attacks. Interfere with DAO governance or attempt to gain unauthorized access to protocol contracts. Violations may result in on-chain blacklisting or DAO-level exclusion.
Technical Risks DeFi protocols inherently involve risks, including: Smart contract vulnerabilities Oracle manipulation Blockchain network failures Front-running and liquidation volatility Financial Risks Tokens are highly volatile and may lose their entire value. There is no guarantee of yield, profit, or liquidity. Participation is entirely at your own risk. Regulatory Risks Blockchain regulations may evolve and affect your ability to use or hold tokens. The DAO disclaims responsibility for compliance in your jurisdiction.
To the maximum extent permitted by applicable law: Paystream DAO LLC, its contributors, developers, and MetaDAO shall not be liable for any direct, indirect, incidental, consequential, or punitive damages, including but not limited to loss of funds, tokens, profits, or data. Participation is voluntary and provided on an “as is” and “as available” basis. Liability, if any, shall not exceed $100 USD or the equivalent in USDC.
You agree to indemnify and hold harmless Paystream DAO LLC, MetaDAO, and their contributors from any claims, losses, liabilities, or expenses arising from: Your participation in the ICO or protocol, Your violation of these Terms, Your breach of applicable laws or regulations.
The DAO reserves the right to modify these Terms through on-chain governance proposals. Any approved modifications take effect upon DAO ratification and publication on the Paystream documentation site. Continued participation implies acceptance of such updates.
Paystream DAO or MetaDAO may suspend or restrict access to participants found violating these Terms, engaged in malicious behavior, or acting against DAO interests. Suspensions may be executed on-chain via token or address blacklisting mechanisms.
These Terms are governed by the laws of the Republic of the Marshall Islands. Any disputes arising hereunder shall be settled through binding arbitration in accordance with the DAO Act and Marshall Islands arbitration procedures.
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