Terms of Service

These Terms are an agreement between you and Basin (“Basin”, “we”, “us”) covering your use of basin.social and anything we run with it (the “Service”). By creating an account or using the Service, you agree to these Terms and to our Privacy Policy. If you don't agree, don't use Basin.

To use Basin you must:

• be at least 18 years old;
• be able to enter a binding agreement where you live;
• not be located in, or a resident of, a country or region under comprehensive sanctions, and not be on any sanctions list (including those kept by the U.S. Treasury's OFAC, the UN, the UK, or the EU);
• not have been banned from Basin before.

You're responsible for making sure that using Basin, holding digital assets, and taking part in reward pools is legal where you are. We may limit or block access from certain places.

You sign in with X, email, or a wallet through our login provider, Privy. You're responsible for everything done through your account and for keeping your login secure. Keep your details accurate, and don't share, sell, or transfer your account.

One person, one account for earning: running several accounts to take a bigger share of pools isn't allowed (see Rules). Usernames can't impersonate people, brands, or Basin staff, and we can reclaim a username that does.

When you sign up with X or email, Privy creates a wallet on Robinhood Chain for you. It's self-custodial: Basin can't move your funds or see your private key, and you can export the key at any time. If you sign in with your own wallet (like MetaMask or Rainbow), that wallet is yours and every transaction is approved in it.

• Transactions are final. Blockchain transfers can't be reversed. Check addresses and amounts before you confirm.
• You're responsible for your keys. If you lose access to your login or your exported key, we can't recover your funds.
• Network fees. Blockchain actions cost gas, paid in ETH. Basin may pay it for you (claiming rewards is always free, and we may cover other actions for built-in wallets), and we can stop covering it at any time. When we don't, you need a small amount of ETH in your wallet.
• Deleting your account removes your login and your access to the built-in wallet, so move your funds or export your key first.

Anyone can attach a reward pool of $BASIN to a post: their own when they post it or later, or someone else's (a “boost”). The tokens go into Basin's pool contract on Robinhood Chain. After 24 hours the pool is split between the people who engaged with the post while it was open (for a boost, after it was funded), according to the rules in the Docs. In short:

• Each kind of engagement is worth points; your share is your points divided by everyone's.
• Engagement counts in full once you've linked X, are Verified, or hold at least 100,000 $BASIN; otherwise it counts at 0.1×. Holding $BASIN and being Verified add multipliers, up to 4× in total.
• The person who made the post can't earn from pools on it, and whoever funded a boost can't earn from that boost.
• If nobody eligible engages, the whole pool goes back to whoever funded it. Rewards nobody claims within 30 days go back to the funder too. Basin never takes a cut of a pool.

Funding a pool is a transfer, not a purchase. You're giving tokens to the people who engage, not buying reach, promotion, or any result. We don't guarantee how many people will see or engage with a post.

Rewards aren't wages or a promise. Earning from a pool depends on other people funding pools and on these rules. We can change the rules, weights, multipliers, and requirements at any time; changes apply to pools that haven't paid out yet. We may withhold, cancel, or reverse rewards linked to fraud, manipulation, a bug, or a breach of these Terms, to the extent the contract allows.

$BASIN is a token on Robinhood Chain used to fund reward pools. It is not an investment, a share, or a claim on Basin or its revenue, and we don't promise it will have or keep any value. Token prices can be volatile and can go to zero. Nothing on Basin is financial, investment, legal, or tax advice.

Basin shows prices and data about tokens made by others (for example, tokens launched on pons). We don't make, endorse, or vouch for them. Names and tickers can be copied, so always check a token's contract address. You're responsible for any taxes on tokens you receive, hold, or send.

The Basin team holds $BASIN and earns other income from Basin. You agree that we can use all of it however we choose, at our sole discretion:

• Our $BASIN. We may buy, sell, hold, transfer, give away, lock, burn, or otherwise deal in $BASIN at any time, in any amount, on any market, without notice. Selling can lower the price.
• Creator fees. $BASIN was launched on pons, which pays creator fees from trading to the team. We may keep these fees or spend them on anything, for example running Basin, paying the team, funding pools, or buying or selling $BASIN or other tokens.
• Payments. The same goes for payments for Verified and other paid features.

We have no duty to buy back or burn $BASIN, support its price, fund pools, share fees or revenue, or tell anyone before we trade. Owning, buying, or earning $BASIN gives you no claim on the team's tokens, fees, or income. Anything we say about plans, whether in the Docs, in posts, or elsewhere, describes what we intend at the time, not a promise, and can change.

Basin Verified costs $180 per year or $18 per month, paid in USDG on Robinhood Chain. Prices and perks are shown before you pay and can change for future periods. Payments aren't automatic: a period simply ends unless you pay again. Other paid features (such as creating a Basin) work the same way.

Payments are made on-chain and aren't refundable, except where the law requires it or where we decide to refund at our discretion (for example, if a feature you paid for doesn't work). We may remove Verified without a refund if you break these Terms.

Invites. If you invite people to Basin, you may earn free Verified time and a share of their Verified payments, paid in $BASIN as described in the docs. These rewards are a promotion, not wages or an investment: we set and can change or end the program (including amounts and timing) at any time, its $BASIN value can go up or down, and we may withhold or reverse rewards for self-referrals, fake or farmed accounts, or any other abuse.

You own what you post. By posting, you give Basin a worldwide, non-exclusive, royalty-free license to host, store, copy, display, adapt (for example, resize images), and distribute it, so we can run, show, and promote the Service. This license ends when you delete the content, except for copies others have shared (like quotes or replies) or that we must keep for legal or safety reasons.

Posts, profiles, and most activity on Basin are public. Anyone can see them, and search engines may index them. You're responsible for what you post and must have the rights to it.

Don't use Basin to:

• post or share child sexual abuse material. We scan uploads for it, remove it, suspend the account, and report it to the authorities;
• post anything illegal, or threats, harassment, hate speech, or content that promotes violence or self-harm;
• share someone's private information or intimate images without their consent;
• impersonate people, projects, or Basin, or run scams, phishing, or fake giveaways;
• game reward pools: fake or multiple accounts, bots, engagement trading, or paying others to engage to take a bigger share;
• spam, or post malware or links meant to steal wallets or funds;
• infringe anyone's copyright, trademark, or other rights;
• scrape, overload, attack, or get around the security or limits of the Service, or use it in a way that breaks the law, including sanctions and money-laundering laws.

We can remove content, limit features, withhold rewards, suspend, or ban accounts that break these Terms or put others at risk, with or without notice. You can report posts and accounts in the app, and appeal a suspension from the notice you see. Uploaded images and videos are checked automatically for safety before they go live.

Copyright. If you think something on Basin infringes your copyright, email support@basin.social with the content's link, the work it copies, and your contact details. We'll remove infringing content and may ban repeat infringers.

Using blockchain-based services carries risks, including:

• bugs or exploits in smart contracts, including Basin's pool contract, even after testing;
• problems with Robinhood Chain, wallets, or other services Basin relies on;
• token prices going down, sometimes to zero, and tokens becoming hard to sell;
• changes in laws that affect digital assets or rewards;
• losing access to your funds if you lose your login or key.

You use Basin at your own risk.

Basin is provided “as is” and “as available”, without warranties of any kind, express or implied, including merchantability, fitness for a particular purpose, and non-infringement. We don't promise the Service will be uninterrupted, error-free, or secure, that any reward or payout will happen, or that information shown (like prices or balances) is accurate. Some places don't allow these disclaimers, so they may not all apply to you.

To the fullest extent the law allows, Basin and its team won't be liable for any indirect, incidental, special, consequential, or punitive damages, or for lost profits, data, tokens, or goodwill, arising from your use of the Service. Our total liability for any claim is limited to the greater of what you paid us in the 12 months before the claim or US$100. These limits apply even if we were told such damages were possible.

If a claim is brought against Basin because of your content, your use of the Service, or your breach of these Terms or the law, you agree to cover the resulting costs and losses, including reasonable legal fees.

You can delete your account at any time in Settings → Your account. We can suspend or close accounts as described above, or stop offering the Service with reasonable notice where possible. Sections that by their nature should continue (like content licenses already granted, disclaimers, and liability limits) survive. Your tokens and on-chain history stay on the blockchain regardless.

These Terms are governed by the laws of the jurisdiction where the operator is established, without regard to conflict-of-law rules. Before filing a claim, please contact us at support@basin.social so we can try to resolve it informally. If that doesn't work, disputes will be resolved in the courts of that jurisdiction, unless the law where you live gives you the right to bring a claim elsewhere.

We can change these Terms at any time, for any reason, without notifying you. Changes take effect as soon as they're posted here, and the date at the top shows the latest version. It's up to you to check this page. If you keep using Basin after a change, you accept the new Terms.

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