Terms of Service
Last Updated: July 31, 2026
1. Protocol Solvency
KopoFinance is a decentralized micro-lending software suite. All deposits, borrowings, interest formulas, LTV requirements (150%), and liquidation parameters (120%) are executed directly by autonomous smart contracts deployed on Layer-2 blockchains. Users assume all transaction routing risks.
2. Collateral Deficit & Liquidations
If the oracle price updates indicate your collateral value has fallen below the 120% liquidation threshold relative to your borrowed debt, your position is immediately subject to liquidation by external users. Liquidators repay the outstanding debt and receive the equivalent collateral value plus a 5% discount bonus.
3. No Intermediaries
Flugelsoft Labs does not control, manage, or hold custody over user assets in the vault contracts. All transactions are peer-to-peer and irreversible once broadcast to the underlying blockchain network.