Terms of Use

1. Acceptance

These terms govern your use of the website at levr.money and the public beta application at levr.money/app (together, the "Site"), operated by Levr ("we", "us"). By using the Site you agree to these terms. If you do not agree, do not use the Site.

Levr is an independent project building on Robinhood Chain. It is not operated, sponsored or endorsed by Robinhood.

2. Nature of the public beta

• The public beta is a non-executable product preview. No options orders can be placed, matched, signed or settled through the Site. The 'Review Beta Order' flow stages a hypothetical order for display only.
• Option premiums, bid/ask values, implied volatility and Greeks shown in the Site are generated by an indicative pricing model. They are not quotes, do not represent available liquidity and cannot be traded.
• Underlying reference data (for example the bid and ask of a Stock Token) may be sourced from Robinhood Chain or Robinhood developer interfaces. It is provided for reference only, may be delayed or unavailable, and can differ from executable market prices. Its source and timestamp are shown where available.
• Connecting a wallet only allows the Site to display your public address and network. The Site never requests a signature, message approval or transaction, and never takes custody of assets.
• Features, markets, expiries and design described on the Site as targets or intentions are under development and may change or never launch. No launch date is promised.

3. No offer, solicitation or advice

Nothing on the Site constitutes investment, legal, tax or financial advice, or an offer or solicitation to enter into any transaction. Options are complex instruments that can result in the loss of the entire premium paid or, for written options, losses exceeding the premium received. Educational content on the Site describes how standardised options work in general and is not a recommendation.

Payoff-at-expiry charts illustrate the mechanical outcome of a hypothetical position at expiry for a range of underlying prices. They are not forecasts of future prices.

4. Early-access list

Joining the early-access list registers your interest and lets us contact you about testing phases. It does not create an account, allocation, queue position, reward, entitlement or contractual right of any kind. We may limit, prioritise or decline participation at our discretion. Handling of the information you submit is described in the Privacy Notice.

5. Eligibility and acceptable use

• You must be at least 18 years old and legally able to enter into these terms.
• You are responsible for complying with the laws that apply to you. Do not use the Site where doing so is prohibited.
• Do not attempt to interfere with the Site, probe or circumvent its security, scrape it at volume, submit false information to the early-access form, or use automated means to submit the form.
• Do not use the Site's name, marks or content in a way that suggests affiliation with or endorsement by Robinhood or any other third party.

6. Intellectual property

The Site, its design, text and software are owned by Levr or its licensors and are protected by applicable intellectual-property laws. Third-party names, logos and data (including asset names and logos shown for reference) belong to their respective owners and are used for identification only. You may view and use the Site for personal, non-commercial evaluation of the product.

7. Third-party services

The Site relies on third-party infrastructure and data sources, including hosting providers, wallet software you choose to connect, and Robinhood Chain / Robinhood developer interfaces. We do not control these services and are not responsible for their availability, accuracy or terms. Your use of a wallet is governed by that wallet provider's terms.

8. Disclaimers

The Site is provided "as is" and "as available" without warranties of any kind, express or implied, including warranties of accuracy, merchantability, fitness for a particular purpose and non-infringement. We do not warrant that the Site will be uninterrupted, error-free or that displayed data will be current or correct.

9. Limitation of liability

To the fullest extent permitted by law, Levr and its contributors will not be liable for any indirect, incidental, special, consequential or punitive damages, or any loss of profits, data or goodwill, arising from or related to your use of the Site, even if advised of the possibility. Because the Site does not execute transactions or hold assets, it cannot cause trading losses; any decision you make elsewhere based on information from the Site is your own.

10. Changes, termination

We may modify, suspend or discontinue the Site or any part of it at any time. We may update these terms; the effective date above will change when we do. Continued use after a change constitutes acceptance.

11. Governing law

[Placeholder for counsel: governing law, jurisdiction and dispute-resolution mechanism to be inserted before this page leaves draft status.]

12. Contact

Questions about these terms: contact@levr.money.