16. Disclaimers

Legal and Regulatory Notice:

This whitepaper is provided for informational and conceptual purposes only and does not constitute an offer or solicitation to purchase, sell, or redeem USTD tokens through regulated channels.

The USTD is fully decentralized and is offered solely as a utility token and is not a security, with no promise or guarantee of profit. All yield returns are entirely subject to market dynamics and the underlying smart contract mechanics. In other words, yields are not fixed or guaranteed and may vary according to liquidity, arbitrage opportunities, and other decentralized market forces. Additionally, all protocol decisions—including those affecting yield parameters—are made collectively via the decentralized governance framework of Terra Classic, ensuring that no single party has the authority to guarantee or manipulate returns. Prospective investors and users should conduct their own independent research and consult with qualified legal and financial advisors before engaging with USTD.

USTD, as described herein, is not currently compliant with the Markets in Crypto-Assets (MiCA) Regulation, and therefore, no regulated purchase or redemption of USTD tokens is being offered to EU persons. Until such time as USTD meets all applicable MiCA requirements—including issuer accountability, reporting obligations, and consumer protection standards—it shall not be made available for trading or redemption in any EU-regulated market or platform. Prospective investors and users in the EU are advised to consult with their own legal and financial advisors before engaging with USTD, as the regulatory status of this asset in the EU remains subject to change and may impact its availability and use under local laws.

General Information & No Investment Advice:

This whitepaper is provided solely for informational purposes and does not constitute investment advice, a solicitation, or an offer to buy or sell any securities, tokens, or other financial instruments. The content herein is intended to describe a concept for a decentralized yield-bearing stablecoin (USTD) built on Terra Classic (LUNC) and should not be interpreted as financial or legal advice. Readers are strongly encouraged to conduct their own independent research, consult with qualified legal and financial advisors, and consider their personal circumstances before making any investment decisions. The authors, contributors, and affiliated parties expressly disclaim any and all liability arising from the use or reliance on the information contained in this whitepaper.

Forward-Looking Statements:

This whitepaper contains forward-looking statements regarding the anticipated performance, future yields, network adoption, and potential benefits of USTD. Such statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual outcomes to differ materially. No representation or warranty is made, and no undertaking is given, that any forward-looking statements will prove to be accurate. Investors should not place undue reliance on these forward-looking statements, and are advised to consider the risks carefully before making any decisions.

Limitation of Liability:

The information contained in this whitepaper is provided “as is” without any representations or warranties, express or implied. To the fullest extent permitted by applicable law, the authors, developers, and affiliated parties disclaim all warranties, including, but not limited to, the warranties of merchantability, fitness for a particular purpose, and non-infringement. In no event shall the authors or their affiliates be liable for any direct, indirect, incidental, consequential, or punitive damages arising out of or in connection with the use of or reliance on any information provided herein. Readers are solely responsible for verifying any information before acting upon it.

Regulatory Compliance Notice:

The blockchain and decentralized finance regulations are rapidly evolving. The authors do not guarantee that USTD, as described in this whitepaper, will be compliant with future legal requirements in any jurisdiction. It is the responsibility of each reader and investor to consult with legal and regulatory experts regarding the compliance and legality of engaging with USTD and similar projects in their respective jurisdictions.