Terms of Use

01Agreement#

These terms are an agreement between you and hd5-labs (“WalletBrake”, “we”, “us”), based in India. By using walletbrake.com or app.walletbrake.com (the “Service”), you accept these terms and our Privacy Policy. If you don't agree, don't use the Service.

02Who can use it#

You must be at least 18 and able to enter a binding contract where you live. You must not use the Service if the law where you are, or sanctions that apply to you, forbid it. You're responsible for making sure your use is legal where you are.

Not available in India for now: we don't currently offer the Service to people in India, and the app doesn't open there. If you already have a vault, your owner wallet still controls it on the blockchain directly.

03What WalletBrake is#

WalletBrake is software. It helps you create a vault, a smart contract on a blockchain that you own, and runs a guardian service that checks payments from your vault against limits you choose. It also gives you a web app to send payments, see activity and change safety settings, and can send alerts.

• We don't hold your assets or keys. Your vault is controlled by your own wallets: a spending wallet, an owner wallet and a backup address. We can approve or refuse a payment, and freeze your vault when we see signs of an attack, but we can't send your funds anywhere.
• We're not a bank, exchange, broker, custodian, payment service or investment adviser. Nothing on the Service is financial, investment, tax or legal advice.

04Beta and test networks#

The Service is in beta and runs only on public test networks (currently Base Sepolia, BNB Smart Chain Testnet and Ethereum Sepolia). Tokens on them, including the “test USDC” the app can add to your vault, have no monetary value and can't be redeemed for money. Features may change, break or be removed, and vaults may need to be recreated. The smart contracts haven't been independently audited. Don't send real-money assets to a vault, or use a vault on a main network, until we announce an audited release.

05Your responsibilities#

• Keys: keep your wallets' private keys and seed phrases safe and private. We will never ask for them. Anyone who does is not us.
• Separate wallets: keep your owner wallet off the device that holds your spending wallet. The protection depends on it.
• Addresses: check every recipient and amount before you sign. Blockchain transactions are final and can't be reversed by us or anyone else.
• Backup address: make sure you control it. Emergency withdrawals can only go there.
• Fees: you pay the network fees for your own transactions.
• Taxes and reporting: you're responsible for any taxes and reporting that apply to your transactions where you live.

06How the protection behaves#

By design, the Service will sometimes refuse, delay or stop payments you really meant to make. For example: payments over your hourly or daily limit, large payments to new recipients (which wait 1 hour), payments after the vault has frozen itself, or any payment while the guardian is unavailable. Changes that loosen your limits wait 24 hours. You accept these delays as part of the Service. Your owner wallet can always freeze your vault and move everything to your backup address directly on the blockchain, without us.

07Acceptable use#

You must not use the Service:

• for anything illegal, including fraud, money laundering, terrorist financing or moving the proceeds of crime
• to evade sanctions or other legal restrictions
• to attack, overload or interfere with the Service or other people's vaults
• to impersonate WalletBrake or mislead people about it

We may refuse to approve payments, or stop serving a vault, if we reasonably believe it's being used in breach of these terms or the law. We may also act on a valid order from a court or authority.

Reporting security issues

We welcome good-faith security research on the test networks. Report issues privately to security@walletbrake.com and give us reasonable time to fix them before telling anyone else. Don't access other people's data, don't disrupt the Service for others, and don't test against main-network funds. We won't take legal action against research done in line with this section.

08Availability#

We try to keep the Service running, but it may be unavailable at times, for example for maintenance or because of problems with servers, networks or the blockchain. While the guardian is unavailable, payments from your vault pause. Your funds stay where they are, and your owner wallet keeps full control.

09Intellectual property#

The WalletBrake name, logo, website and app belong to us or our licensors. You may use the Service as intended. You may not use our branding in a way that suggests you are us. The fonts are used under the SIL Open Font License.

10No warranties#

To the fullest extent the law allows, the Service is provided “as is” and “as available”, without warranties of any kind, express or implied, including that it will be secure, error-free, uninterrupted, or that it will prevent every loss. Smart contracts and blockchains carry risks we don't control, including bugs, network failures, forks and changes to the networks themselves.

11Limitation of liability#

To the fullest extent the law allows, we're not liable for any indirect, incidental, special or consequential loss, or for loss of assets, profits or data. That includes losses caused by your keys being lost or stolen, by payments you signed, or by the Service refusing, delaying or freezing payments as described above. Our total liability for any claim relating to the Service is limited to the amount you paid us for it in the 12 months before the claim. During the free beta, that is zero.

Your legal rights: nothing in these terms limits liability that can't be limited by law, such as for fraud, or for death or personal injury caused by negligence. If you use the Service as a consumer, you keep every right that the consumer laws of your country give you and that can't be waived by contract.

12Indemnity#

To the extent the law allows, you agree to compensate us for losses, claims and reasonable costs arising from your breach of these terms or your misuse of the Service.

13Ending use#

You can stop using the Service at any time. Your vault stays on the blockchain under your control. We may stop offering the Service, or end the beta, with reasonable notice where we can. Your owner wallet can always withdraw your funds to your backup address without us.

14Changes to these terms#

We may update these terms. We'll change the date at the top, and for important changes we'll show a notice in the app. If you keep using the Service after a change, you accept the new terms. If you don't accept them, stop using the Service.

15Governing law and disputes#

If you have a problem, please write to us first at support@walletbrake.com. Most issues can be settled that way, and we'll try to within 30 days.

These terms are governed by the laws of India, and the courts of India have jurisdiction over disputes. If you're a consumer, you can also bring a claim in the courts where you live, and you keep the protection of the mandatory laws of your country, where the law gives you that right.

If a court finds part of these terms unenforceable, the rest still applies. These terms, with the Privacy Policy, are the whole agreement between you and us about the Service.

16Contact#

Support

support@walletbrake.com

Security

security@walletbrake.com

Run by

hd5-labs, India