TERMS & CONDITIONS

Updated 2025-06-29

ARTICLE I: DEFINITIONS

SECTION 1: DEFINITIONS

A. "RISK," "WE," "US," "OUR," "OURSELVES": Shall collectively refer to RISK and its current and future affiliates, subsidiaries, divisions, officers, directors, employees, agents, representatives, licensors, and successors.

B. "USER," "YOU," "YOUR," "YOURSELF": Shall refer to any individual, entity, or legal person accessing, using, or interacting with the services, platform, website (https://risk.markets), or any other offering provided by RISK.

C. "MANA": Refers to the digital or virtual asset, currency, or unit of value on the Manifold platform and utilized within the operational framework and ecosystem of RISK.

D. "COMMENT": Denotes a specific entry, record, or data point within the Manifold or RISK platforms that serves as a basis for insurance claims or other operational functions.

E. "INSURANCE INVESTIGATIONS": Refers to the internal or external processes, assessments, and due diligence conducted by RISK or its designated third-party investigators to verify information related to an insurance claim.

F. "BOUNTY": Signifies the Mana disbursed by RISK as an insurance payout, typically delivered via the RISK Payment Portal.

G. "PAYMENT PORTAL": Refers to the designated interface or system through which Mana and other transactions are processed within the RISK ecosystem, currently hosted at 🦝RISK Payment Portal‌

H. "INSURED LOSS": Shall refer exclusively to the outstanding principal Mana initially lent by the policyholder which remains unrecovered due to the debtor's default, and for which the policyholder retains full legal right of collection. The Insured Loss shall not include any accrued interest, fees, expected profits, or any portion of the debt that has been voluntarily forgiven, waived, or alienated by the policyholder.

I. "@CROWLSYONG": Refers to the designated official representative of RISK for the confirmation of fund deposits, as further specified herein.

ARTICLE II: INSURANCE POLICY - TERMS AND CONDITIONS

SECTION 1: NO GUARANTEE OF FUND SECURITY

A. While RISK and its affiliates endeavor to employ commercially reasonable efforts to safeguard funds and assets entrusted to our platform, it is hereby expressly stipulated and acknowledged that NO GUARANTEES, REPRESENTATIONS, OR WARRANTIES, WHETHER EXPRESS OR IMPLIED, ARE MADE REGARDING THE SECURITY, RECOVERY, OR PRESERVATION OF ANY FUNDS, ASSETS, OR "Mana" (as such term may be defined or understood within the operational context of RISK) PROVIDED TO OR HELD BY RISK OR ITS AFFILIATES.

B. Users acknowledge and agree that any and all Mana provided to RISK or its affiliates is at the user's sole risk and discretion, and there exists a material possibility of permanent and irretrievable loss of such Mana.

C. By using the services of RISK, all users explicitly affirm that they have thoroughly read, understood, and consented to these terms.

SECTION 2: CLAIMS PROCESS AND BOUNTY ISSUANCE

A. In the event that an insurance claim is filed and subsequent Insurance Investigations corroborate the information provided in the relevant Comment, RISK shall, at its sole discretion, deliver Mana in the form of a Bounty via the RISK Payment Portal, disbursed directly to the Comment. The determination of corroboration shall rest solely with RISK.

B. In the event that Insurance Investigations do not corroborate the information provided in the Comment, the user who submitted the claim will be duly notified of the results of the investigation.

C. The user shall have a period of one (1) week, commencing from the date of the aforementioned notification, to appeal the decision.

D. All appeals must be submitted in writing and must include new, compelling evidence not previously considered during the initial investigation.

SECTION 3: CLAIM SUBMISSION DEADLINE

A. All claims pertaining to an insurance policy must be submitted within one (1) week of the loan's stipulated due date.

B. Claims submitted outside of this one-week period shall result in the immediate and automatic inactivation of the relevant policy, rendering such policy null and void, and no further claims or considerations will be accepted thereunder.

SECTION 4: SUBROGATION AND DEBT ASSUMPTION

A. Upon the successful payout of an insurance claim by RISK, RISK shall automatically assume and be subrogated to the portion of the outstanding debt equal to the exact amount of the insurance payout disbursed.

B. This assumption of debt by RISK shall occur irrespective of the total policy coverage amount or the outstanding balance of the debt.

C. The user acknowledges that this provision incentivizes RISK to maintain accurate and calibrated credit scoring mechanisms, as the financial implications of exercised policies directly impact RISK's operational costs.

D. RISK reserves the right to pursue collection of such assumed delinquent debts.

E. For a policy to remain valid and a claim to be considered, the policyholder must at all times retain full legal ownership of, and the undisputed right to collect, the insured debt.

F. Any sale, reassignment, transfer, date changes, or other form of alienation of the insured debt, in whole or in part, by the policyholder to a first, second, or third party, without the express written consent of RISK, shall immediately and automatically invalidate the insurance policy for the affected portion of the debt, rendering any associated claim null and void.

G. RISK’s subrogation rights are strictly contingent upon the policyholder’s uninterrupted legal claim to the debt.

SECTION 5: BOUNTY DEPOSIT AND CONFIRMATION

A. Any Mana added as a Bounty by a User without explicit notification to RISK, or without prior confirmation from the designated official representative, currently identified as @crowlsyong, shall be considered irrevocably lost and non-refundable.

B. It is the User's sole responsibility to ensure that prior to depositing any funds or Mana for the purpose of a Bounty, confirmation is obtained directly from @crowlsyong.

C. Failure to obtain such confirmation will result in the forfeiture of the deposited Mana, and RISK shall bear no liability for its loss.

SECTION 6: PROHIBITION ON POLICY ISSUANCE AND RECEPTION FOR DEBTORS

A. Individuals or entities who owe Mana to RISK, or who are otherwise in default on any financial obligation to RISK, are hereby prohibited from purchasing new insurance policies from RISK or being designated as a recipient or beneficiary of any new insurance policies underwritten by RISK.

B. This prohibition applies irrespective of the nature or origin of the outstanding debt.

C. Any attempt to circumvent this policy, including but not limited to, the use of intermediaries, false identities, or any other deceptive practices to acquire new policies or receive benefits while in default to RISK, shall be deemed an act of fraud and subject to the penalties outlined in ARTICLE III: INSURANCE FRAUD DETECTION AND PENALTIES.

ARTICLE III: INSURANCE FRAUD DETECTION AND PENALTIES

SECTION 1: DEFINITION OF INSURANCE FRAUD

A. Any instance of insurance fraud detected by RISK's systems, algorithms, or investigative processes shall result in severe penalties for the party proven to have committed such fraud.B. Insurance fraud includes, but is not limited to:

SUBSECTION 1: PROVISION OF FALSE INFORMATION

CLAUSE 1: The provision of false, misleading, or intentionally inaccurate information in relation to a claim or policy.

SUBSECTION 2: "DOUBLE DIPPING"

CLAUSE 1: Subsequent to receiving an insurance payout from RISK for a particular debt, the policyholder simultaneously holding the debt security for the same portion of the debt for which the insurance payout was made, or continuing to demand payment from the debtor for that same portion.

CLAUSE 2: Any voluntary forgiveness, waiver, release, or relinquishment by the policyholder of their right to collect an insured debt, in whole or in part, which would otherwise have been covered by an insurance policy from RISK, without proper notification to RISK.

CLAUSE 3: Failure to offset recoveries:

SUBCLAUSE 1: Any Mana or other consideration received by the policyholder from any source (including, but not limited to, the debtor, third-party payments, or the sale of the debt) that reduces the policyholder's outstanding loss on the principal of an insured debt, which is not deducted from the total eligible Insured Loss prior to any insurance payout calculation by RISK.

SUBCLAUSE 2: The maximum payout shall be the lesser of the calculated policy coverage or the actual, unrecovered Insured Loss after all such recoveries.

SECTION 2: CONSEQUENCES OF INSURANCE FRAUD

A. Upon the confirmed detection of insurance fraud, the party responsible for the fraud shall be immediately banned from obtaining any future insurance policies offered by RISK or its affiliates for a period of one (1) year from the date of detection.

B. Furthermore, the credit score associated with the fraudulent party shall be significantly lowered to a minimum score wherein their base insurance fee for any potential future policies, should they become eligible after the ban period, is at or above one hundred percent (100%) of the insured amount. This reduction in credit score shall be permanent unless otherwise determined by RISK in its sole discretion.

ARTICLE IV: DISCLAIMER OF WARRANTIES

SECTION 1: "AS IS" AND "AS AVAILABLE" BASIS

A. YOU EXPRESSLY UNDERSTAND AND AGREE THAT YOUR USE OF THE SERVICES, PLATFORM, WEBSITE, AND ANY OTHER OFFERINGS PROVIDED BY RISK IS AT YOUR SOLE RISK.

B. THE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR COURSE OF PERFORMANCE.

C. RISK AND ITS AFFILIATES DO NOT WARRANT THAT:

SUBSECTION 1: The services will be uninterrupted, secure, or error-free.

SUBSECTION 2: The results that may be obtained from the use of the services will be accurate or reliable.

SUBSECTION 3: The quality of any products, services, information, or other material purchased or obtained by You through the services will meet Your expectations.

SUBSECTION 4: Any errors in the services will be corrected.

ARTICLE V: LIMITATION OF LIABILITY

SECTION 1: LIMITATION ON LIABILITY FOR DAMAGES

A. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL RISK, ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, SUPPLIERS, OR LICENSORS BE LIABLE FOR ANY INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES, INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR RELATING TO THE USE OF, OR INABILITY TO USE, THE SERVICE.B. UNDER NO CIRCUMSTANCES WILL RISK BE RESPONSIBLE FOR ANY DAMAGE, LOSS, OR INJURY RESULTING FROM HACKING, TAMPERING, OR OTHER UNAUTHORIZED ACCESS OR USE OF THE SERVICE OR YOUR ACCOUNT OR THE INFORMATION CONTAINED THEREIN.C. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE TOTAL LIABILITY OF RISK AND ITS AFFILIATES FOR ANY CLAIMS UNDER THESE TERMS, INCLUDING FOR ANY IMPLIED WARRANTIES, IS LIMITED TO THE AMOUNT YOU PAID TO RISK FOR THE SPECIFIC SERVICE GIVING RISE TO THE CLAIM DURING THE TWELVE (12) MONTHS PRIOR TO THE EVENT GIVING RISE TO THE CLAIM.D. THE LIMITATIONS OF THIS SUBSECTION SHALL APPLY TO ANY THEORY OF LIABILITY, WHETHER BASED ON WARRANTY, CONTRACT, STATUTE, TORT (INCLUDING NEGLIGENCE), OR OTHERWISE, AND WHETHER OR NOT RISK HAS BEEN INFORMED OF THE POSSIBILITY OF ANY SUCH DAMAGE, AND EVEN IF A REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE.

ARTICLE VI: DISPUTE RESOLUTION AND GOVERNING LAW

SECTION 1: GOVERNING LAW

A. These Official Terms & Conditions and any dispute or claim arising out of or in connection with them or their subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of THE STATE OF MANIFOLD MARKETS, WITHOUT REGARD TO ITS CONFLICT OF LAW PROVISIONS.

SECTION 2: INFORMAL DISPUTE RESOLUTION

A. Before initiating any formal legal action or arbitration, the parties agree to first attempt to resolve any dispute, controversy, or claim arising out of or relating to these Terms & Conditions or the breach, termination, or validity thereof ("Dispute") informally for a period of at least thirty (30) days from the date one party notifies the other in writing of the Dispute.

B. Notice of a Dispute shall be sent to @crowlsyong for RISK.

SECTION 3: BINDING ARBITRATION

A. Any Dispute that cannot be resolved through informal negotiations within the period set forth in Section 2, shall be resolved by binding arbitration administered by the as yet unincorporated MANFOLD GOVERNMENT'S ARBITRATION ASSOCIATION ("MGAA") in accordance with its COMMERCIAL ARBITRATION RULES, and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. So long as the MGAA does not exist, this is solely up to RISK's discresion.

B. The arbitration will be conducted by a single neutral arbitrator, or if MGAA does not exist then RISK may choose any arbiter.

C. The arbitration shall be conducted in the English language.

D. The arbitrator shall have the authority to grant any remedy or relief that a court in the State of Manifold Markets could grant and shall issue a written decision with findings of fact and conclusions of law.

E. The parties shall bear their own costs, expenses, and attorneys' fees incurred in any arbitration.

SECTION 4: WAIVER OF CLASS ACTION AND JURY TRIAL

A. YOU AGREE THAT YOU MAY BRING CLAIMS AGAINST RISK ONLY IN YOUR INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING.

B. YOU AND RISK AGREE THAT, BY ENTERING INTO THESE TERMS, YOU AND RISK ARE EACH WAIVING THE RIGHT TO A TRIAL BY JURY OR TO PARTICIPATE IN A CLASS ACTION.

ARTICLE VII: RECEIPT - SOURCE OF TRUTH

SECTION 1: POLICYHOLDER RESPONSIBILITIES

A. The receipt issued by RISK for any insurance policy shall serve as the definitive and sole source of truth regarding the terms, conditions, coverage, and any other relevant details of said policy.

B. It is the express and sole responsibility of the policyholder to diligently review and be fully aware of the entire contents of the receipt immediately upon its issuance. By proceeding with the policy, the policyholder acknowledges and agrees to the terms as precisely documented on the receipt.

C. In the event that the policyholder identifies any discrepancies, errors, or requires modifications to the policy as reflected on the receipt, it is incumbent upon the policyholder to promptly notify RISK of such requested changes. Such notification must be made in a timely manner and through the designated communication channels as specified by RISK. Failure to notify RISK of desired changes in a timely fashion shall constitute an acceptance of the policy as presented on the receipt, and RISK shall not be held liable for any discrepancies or misunderstandings thereafter.

ARTICLE VIII: FUN

SECTION 1: THE SPIRIT OF FUN AND COMMUNITY

A. These terms and conditions, and indeed the entire operation of RISK, are fundamentally intended to be a source of enjoyment, engagement, and spirited participation for all involved. The guiding principle behind RISK's existence is the promotion of fun and a positive community experience.

B. Should the experience of participating with RISK ever cease to be enjoyable for a significant portion of its users, or for the creators and operators of RISK, it is hereby explicitly stated that RISK, its services, and its underlying framework will be subject to immediate and fundamental alteration. This may include, but is not limited to, a complete shutdown, sale of assets, scrapping of the platform, or any other change deemed necessary to restore the element of fun.

C. Any individual who believes that RISK is no longer fulfilling its primary purpose of providing fun, or who has grievances regarding the enjoyment factor, is strongly encouraged to communicate their concerns directly to @crowlsyong. All such feedback will be seriously considered with the aim of restoring or enhancing the fun for the community.

ARTICLE IX: AMENDMENTS

SECTION 1: RIGHT TO AMEND TERMS AND CONDITIONS

A. RISK reserves the sole and absolute right, at its exclusive discretion, to amend, modify, alter, or supplement these Official Terms & Conditions at any time, without prior notice.

SECTION 2: RETROACTIVE APPLICATION

A. Users expressly acknowledge and agree that any such amendments, modifications, alterations, or supplements to these Official Terms & Conditions, once published or otherwise made effective by RISK, MAY APPLY RETROACTIVELY and affect any and all active policies, ongoing situations, and outstanding obligations, regardless of the date of their inception.B. Your continued use of RISK's services following any such changes constitutes your acceptance of the revised terms, including their retroactive application.

#️⃣Privacy Policy

Updated 2025-06-29

Section 1: Collection and Storage of Credit History

With the gracious permission from Manifold Staff, RISK collects and stores user credit history data in connection with the provision of its services, including but not limited to the functionalities accessible via https://risk.markets. This data is integral to the assessment of creditworthiness and the determination of insurance policy terms.

Section 2: Non-Disclosure and Non-Sale of Information

RISK hereby affirms that it DOES NOT SELL, RENT, LEASE, OR OTHERWISE SHARE any user data with third parties for marketing, advertising, or any other commercial purposes, except as explicitly required by law or as necessary for the provision of the services and functionalities offered by RISK.

Section 3: Public Nature of Information

Users expressly acknowledge and agree that, notwithstanding the non-disclosure provisions set forth in Section 2, the credit history information stored by RISK, including credit scores and related data, IS PUBLICLY ACCESSIBLE. By utilizing the services of RISK, users irrevocably consent to the public disclosure and accessibility of their credit history information as maintained by RISK. Users are advised to review the information available on https://risk.markets to understand the extent of this public accessibility.

Section 4: Right to Removal from Credit History

A. A user may, at their sole discretion, request to be removed from RISK's credit history database. Such a request must be submitted in a manner prescribed by RISK and will result in the removal of their historical credit data from public view and internal assessment mechanisms.

B. It is expressly understood and agreed that any removal from the credit history database, once successfully processed by RISK, constitutes a permanent and irreversible deletion of the associated historical credit data from public view and internal assessment mechanisms. Furthermore, following such deletion, the affected User shall be ineligible to request the re-establishment of credit history tracking or data storage on the RISK platform for a period of one (1) year commencing from the date of the successful removal. Users are advised to carefully consider this permanent deletion and the subsequent one-year ineligibility period prior to submitting a request for removal. This restriction is implemented to maintain the integrity, reliability, and security of the credit scoring system and to prevent abuse.

Section 5: Tracking & Analytics

RISK is committed to minimizing third-party tracking. We do not employ third-party tracking services such as Google Analytics, Amazon Web Services analytics, Facebook Pixel, or similar technologies. The only exceptions to this policy are the use of:

• Analytics provided directly by the Deno Dashboard for operational monitoring and performance insights.

• Analytics provided by Cloudflare for network performance, security, and traffic management.

These limited analytics services are used for system stability, security, and overall service improvement, and are not for the purpose of extensive user profiling or data monetization.