These terms form an agreement between you — the business using the Services ("you") — and Woldy ("Woldy", "we").

By creating an account, calling the API, or otherwise using the Services, you accept these terms. If you are agreeing on behalf of a company, you confirm you are authorized to bind it.

1. What Woldy is

Woldy is software. It lets a business request, receive, and route stablecoin payments through smart contracts that the business itself controls.

Woldy is not a bank, a payment institution, an exchange, a custodian, a broker, or a money transmitter, and it does not hold, convert, or invest your money. We provide software and support around it. Nothing here is financial, investment, legal, tax, or accounting advice.

2. Definitions

  • Vault — the smart contract, isolated to your business, that payments settle into and that you control.
  • Pay-in — a payment made by your customer into your vault.
  • Payout — a transfer you initiate from your vault to a recipient.
  • Settlement — moving funds out of the vault according to rules you configure.
  • Network — the public blockchain a payment travels on.

3. Non-custodial by construction

This is the central term of the agreement and everything else should be read against it.

Funds route from your customer to your vault. At no point do we take possession of them. We cannot spend them, lend them, pledge them, freeze them, or hand them to anyone else, because the contract does not give us that power. This is not a promise about how we intend to behave — it is a property of the system.

Two consequences follow, and they cut both ways:

  • We cannot reverse a transaction, recover funds sent to a wrong address on a supported network, or restore access to a wallet whose keys you have lost.
  • No creditor, administrator, or authority can reach your funds through us, because we do not hold them.

4. Eligibility and your account

You must be a business, be able to enter contracts, and not be subject to sanctions or otherwise barred from using the Services.

We may ask you to complete verification checks before or during your use of the Services, and to keep that information current. You are responsible for the accuracy of what you give us and for the security of your account credentials and API keys. Tell us promptly at legal@woldy.xyz if you believe either has been compromised.

5. Your responsibilities

  • Keys and wallets. Securing your wallet and any signing keys is yours alone. We have no copy and no recovery path.
  • Addresses and networks. Confirm the recipient address and the network before you sign. Sending to the wrong address is generally irreversible.
  • Your customers. Your relationship with your customers, including what you sell, your refund practice, and your own terms, is yours.
  • Compliance. You are responsible for meeting the legal requirements that apply to your business and the places you operate in.

6. Fees

Fees are as set out on the pricing page or in your written agreement with us, and are charged at settlement on the settled amount. Network fees charged by a blockchain are separate from ours and are not set by us.

We may change fees on notice. A change takes effect at the start of the next billing period after the notice, and you may stop using the Services if you do not accept it.

7. Acceptable use

You may not use the Services to facilitate anything unlawful, to launder money or finance terrorism, to evade sanctions, to defraud anyone, to infringe someone else's rights, to attack or overload the Services, or to circumvent any technical restriction in them.

You may not misrepresent what Woldy does — in particular, you may not describe Woldy as holding, insuring, or guaranteeing funds.

8. Suspension of access

If you breach these terms, or we are legally required to act, we may suspend or terminate your access to the dashboard and API.

Suspending your access is not the same as taking your money, and we want to be precise about the difference. Suspension stops you using our software. It does not, and cannot, give us control of your vault or the funds in it. Those remain yours and remain reachable by you through the underlying contract, independently of whether your Woldy account is active.

9. Networks, assets, and availability

The Services depend on public blockchains and third-party assets that we do not operate or control. Congestion, forks, outages, protocol changes, bugs in third-party contracts, and the behavior of a stablecoin issuer are outside our control and can affect whether, when, and how a payment settles.

We aim for high availability but do not guarantee uninterrupted service unless a separate written SLA says otherwise.

10. Intellectual property

We keep all rights in the Services, our software, and our brand. Subject to these terms, you get a non-exclusive, non-transferable, revocable right to use the Services for your business while your account is active. You keep all rights in your own content and data.

11. Disclaimers

To the fullest extent the law allows, the Services are provided "as is" and "as available", without warranties of any kind, express or implied, including fitness for a particular purpose, merchantability, and non-infringement.

We do not warrant that the Services will be uninterrupted or error-free, or that any blockchain or third-party asset will behave as expected.

12. Limitation of liability

To the fullest extent the law allows:

  • Neither party is liable for indirect, incidental, special, consequential, or punitive damages, or for lost profits, revenue, data, or goodwill.
  • Our total aggregate liability arising out of or relating to these terms is limited to the fees you paid us in the 12 months before the event giving rise to the claim.

Nothing here limits liability that cannot be limited by law, including liability for fraud or for death or personal injury caused by negligence.

We are not liable for loss caused by your loss of keys, your sending funds to a wrong address, or the failure or behavior of a blockchain or third-party asset.

13. Indemnity

You will indemnify us against claims, losses, and costs arising from your use of the Services in breach of these terms, your breach of law, or a dispute between you and your customer.

14. Term and termination

These terms apply while you use the Services. Either side may terminate on notice. You may stop using the Services at any time.

Termination does not affect your control of your vault or the funds in it. Sections that by their nature should survive — fees owed, disclaimers, liability, indemnity, and governing law — survive.

15. Changes

We may update these terms. If a change is material we will notify account holders before it takes effect. Continuing to use the Services after that date means you accept the updated terms.

16. Governing law and disputes

If something goes wrong, tell us first. Write to legal@woldy.xyz and we will try to resolve it directly — most disputes are a misunderstanding about how settlement works, and they are faster to fix in a conversation than in a filing.

If that fails, these terms are governed by the law of the place where Woldy is established, and the courts of that place have exclusive jurisdiction. This does not remove any mandatory right you have under the law of your own country.

17. General

If a provision is unenforceable, the rest stands. Our not enforcing a term is not a waiver of it. You may not assign this agreement without our consent; we may assign it to a successor of the business. These terms, together with any written agreement between us, are the whole agreement on this subject.

18. Contact

Questions about these terms: legal@woldy.xyz. Technical detail on how any of it works: the API documentation.