Terms & Conditions

These Terms & Conditions ("Terms") govern your access to and use of Plumbline — the website at plumbline.watch, its dashboard, APIs, and Telegram alerting services (together, the "Platform"), operated by the developer of Plumbline ("we", "us", "the Operator"). By accessing or using the Platform you agree to these Terms. If you do not agree, do not use the Platform.

01 · Definitions

• Platform — the plumbline.watch website, dashboard, any APIs, and the Telegram alert bot(s).
• Content — the data, status signals, metrics, charts, and other output the Platform displays or sends (including green / yellow / red status indicators and alerts).
• Data Sources — the public blockchains, RPC providers, indexers/subgraphs, pricing and market-data providers, and protocol interfaces the Platform reads from (see Section 07).
• Protocols — the independent, third-party DeFi projects whose on-chain data the Platform observes (e.g. lending markets, DEX pools, and the stablecoins themselves). We do not operate, control, or endorse any Protocol.
• Subscriber — a Pro user who has provided a Telegram chat ID to receive alerts.
• Free Access / Pro — the free tier and the paid "Pro" tier of the Platform, as described in Section 05.

02 · Nature of the Service

Plumbline is an informational monitoring tool. It reads public on-chain and market data for a set of stablecoins and their staked/wrapped variants, and expresses the result as risk status signals (green / yellow / red) across several criteria — such as lending-market utilization, liquidity-pool balance, swap/redemption flows, and changes in circulating supply / TVL — together with Telegram alerts (a Pro feature) when a status changes.

The Platform does not, and is not designed to:

• execute, sign, broadcast, or facilitate any transaction;
• hold, custody, or have access to your funds, keys, or wallets;
• provide investment, financial, legal, accounting, or tax advice;
• recommend that you buy, sell, hold, enter, or exit any token, position, or protocol;
• act as a broker, dealer, exchange, investment adviser, or fiduciary.

All status signals, metrics, and figures are outputs of models applied to public market and on-chain data. They describe model outputs only, for informational and educational purposes, and are not instructions, recommendations, or solicitations to transact. A green status is not a promise that a token is safe; a red status is not a prediction that a token will fail. See Section 08.

The Platform is a form of general research and editorial commentary on publicly available data, published to the world at large. It is not personalized and is not tailored to any individual: every user sees the same signals, computed the same way, regardless of who they are, what they hold, or what they intend to do. Nothing on the Platform is directed at any particular person as a recommendation to act, and the Content is not a "personal recommendation", "investment advice", or a "financial promotion" as those terms are used under financial-services law.

03 · Not Financial Advice

The Operator is not a registered investment adviser, broker-dealer, or licensed financial, legal, or tax adviser, and nothing on the Platform is personalized advice. The Content does not account for your individual financial situation, risk tolerance, objectives, or tax status, and must not be relied upon as the sole or primary basis for any decision.

You should consult a qualified, licensed professional before making any financial decision. You bear full and sole responsibility for your own decisions and their outcomes.

No reliance. You acknowledge and agree that you do not rely, and will not rely, on the Platform or any Content as the basis for any decision, and that you independently verify any information before acting on it. You accept that any decision you make is your own, made on your own analysis and at your own risk.

04 · Eligibility & Excluded Persons

The Platform is offered only to persons outside the Excluded Jurisdictions. By accessing or using the Platform — and, where a confirmation is presented to you, by checking the box to accept these Terms — you represent and warrant, each time you use the Platform, that you:

• are at least 18 years old (or the age of majority where you live, if higher);
• are not a resident of, located in, established in, or a tax resident of any Excluded Jurisdiction (as defined below), and are not accessing the Platform on behalf of any such person;
• are not a "U.S. person" (including a U.S. citizen or U.S. resident, wherever located);
• are not a person who is the subject of any sanctions, nor located in or ordinarily resident in any country or territory subject to comprehensive sanctions (e.g. those administered by OFAC, the UN, EU, or UK), and will not use the Platform on behalf of any such person;
• are otherwise legally permitted to access DeFi-related information services where you are located; and
• will not access the Platform through a VPN, proxy, or other means intended to disguise your location in order to circumvent these restrictions.

"Excluded Jurisdictions" means: the United States of America (and its territories); the United Kingdom; the member states of the European Union / European Economic Area; and any country or territory subject to comprehensive sanctions, together with any other jurisdiction the Operator designates from time to time and lists on the Platform.

The Platform is not directed at, marketed to, or intended for any person in an Excluded Jurisdiction, and nothing on it is an offer or solicitation where such would be unlawful. The Operator may geo-block, restrict, or refuse access at its discretion and may terminate access on discovering that a user is an Excluded Person. You are solely responsible for your compliance with all laws applicable to you, and your access does not create any obligation on the Operator to serve you.

05 · Free Access, Pro & Payment

Free Access. The Platform offers a free tier that provides read-only access to the dashboard. Free access is tied to an email address — an access code is sent to that address, one (1) free account is permitted per email address, and free access is limited to one (1) device. Telegram alerts and the detailed per-token signal breakdown are Pro features and are not included in the free tier. Free Access is provided at the Operator's discretion, may have functional limits, and may be changed or withdrawn at any time.

Pro. The Platform offers a paid "Pro" tier with additional features, on the following terms (Pro is planned and not yet available — this section describes the terms that will apply once it launches):

• Payment is on-chain only. Pro is purchased by an on-chain payment in a supported stablecoin (e.g. USDC / USDT) to the address shown at checkout. We do not accept cards or fiat and do not use a payment processor.
• One-time, fixed 12-month term. A Pro purchase grants access for twelve (12) months from activation. It is a one-time payment that does not auto-renew and does not create a recurring subscription; to continue after the term you make a new purchase.
• Price is the amount shown at checkout at the time of purchase.
• You are responsible for paying the correct amount to the correct address on the correct network, and for any network/gas fees and slippage. We are not responsible for funds sent to a wrong address, on an unsupported network, or in an incorrect amount.

On-chain payments are final and irreversible by their nature. All sales are final and non-refundable, save (a) where a refund is required by mandatory law that applies to you despite Section 04, or (b) at our sole discretion. No refund, credit, or extension is given for unused time, for suspension or termination due to your breach, or for Platform downtime (see Section 16).

In addition to the free dashboard, Pro provides: (a) the detailed per-token signal breakdown — all four signals (utilization, pool skew, swaps & redeems, TVL change) with their underlying values; (b) Telegram alerts on status changes ("Red only" or "Yellow + Red"); and (c) use on up to five (5) of the Subscriber's own devices.

License Key. Pro access is delivered via a personal License Key, which is single-user, non-transferable, and confidential, and may be used on up to five (5) of the Subscriber's own devices. Sharing, publishing, reselling, or using it across more than the permitted number of concurrent sessions is prohibited and may result in suspension or revocation of the Key without refund. You are responsible for keeping your License Key secure.

06 · Acceptable Use

You must not:

• reverse engineer, decompile, or disassemble the Platform, or attempt to extract its source code, models, or thresholds;
• scrape, harvest, or bulk-extract Content beyond normal interactive use, or use automated means to overload, probe, or disrupt the Platform;
• redistribute, resell, or commercially exploit the Content without our written permission;
• subscribe a Telegram chat ID that is not your own, or use alerts to message third parties without their consent;
• use the Platform for any unlawful, infringing, or fraudulent purpose, or to circumvent access controls.

07 · Third-Party Data Sources, Accuracy & "As-Is" Data

The Content is derived from public blockchains and third-party Data Sources, which currently include (and may change): public RPC providers (e.g. Alchemy), blockchain indexers / subgraphs (e.g. The Graph), market-data providers (e.g. DefiLlama, CoinGecko), and the public interfaces and smart contracts of the observed Protocols (e.g. Curve, Uniswap, Balancer, Velodrome, Aerodrome, Pendle, Fluid, Morpho, Euler, PancakeSwap).

We are not affiliated with, endorsed by, or acting for any Protocol or Data Source. We do not control, verify, or guarantee the accuracy, completeness, or timeliness of their data. On-chain and market readings are point-in-time snapshots that may be delayed, stale, incorrect, incomplete, or temporarily unavailable, and third-party sources may change, rate-limit, or discontinue access without notice.

All data and Content is provided "as is" and "as available", with no warranty of accuracy or fitness for any purpose.

08 · Risk Signals & Status Methodology

The Platform's status signals (green / yellow / red) and underlying metrics are indicators built from models applied to public data, not statements of fact about a token's safety or solvency. You acknowledge that:

• a green status is not a guarantee that a token is safe, solvent, or will hold its peg; a red status is not a prediction or assurance that a token will de-peg or fail;
• signals are computed on a periodic cycle (currently, roughly every ten minutes) and therefore lag real-world events; between cycles the Platform's view may be outdated;
• signals depend entirely on the Data Sources in Section 07 and inherit any delay, gap, or error in them; a source outage can cause a stale, "unknown", or missing signal;
• thresholds and model parameters are set by the Operator, may be imperfect or change over time, and may produce false positives or false negatives;
• the Platform observes only the specific tokens, chains, markets, and pools it is configured for, and coverage is incomplete; absence of a signal is not assurance of safety.

You must independently verify any information before acting on it. Any decision you make is at your own risk.

09 · DeFi & Smart-Contract Risk

Interacting with stablecoins, DeFi protocols, and blockchains involves substantial risk that is outside the Operator's control, including: smart-contract vulnerabilities and exploits; protocol insolvency, pauses, governance actions, or adverse upgrades; oracle and bridge failures; stablecoin de-pegging; liquidity withdrawal, freezes, or queues; regulatory action; and the irreversibility of on-chain transactions.

The Platform cannot reverse, recover, or intervene in any transaction. We bear no responsibility whatsoever for any losses, damages, or missed opportunities arising from your use of the Platform or from your dealings with any Protocol.

10 · Risk of Financial Loss

You acknowledge that: decisions involving stablecoins and DeFi can result in the total loss of capital; past behavior does not indicate future results; the Platform's models are approximations that do not fully reflect liquidity, costs, timing, or every risk factor; and you make all decisions yourself, at your own risk.

11 · No Warranties

The Platform and Content are provided "as is" and "as available", with no warranties of any kind, whether express, implied, or statutory, including (without limitation) any implied warranties of merchantability, fitness for a particular purpose, accuracy, non-infringement, or uninterrupted or error-free operation, to the maximum extent permitted by law.

12 · Limitation of Liability

To the maximum extent permitted by law, the Operator and its affiliates, contributors, and service providers will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, data, goodwill, or opportunity, arising out of or related to your use of (or inability to use) the Platform or any dealings with Protocols, even if advised of the possibility of such damages.

To the maximum extent permitted by law, the Operator's total aggregate liability for all claims relating to the Platform will not exceed the greater of (a) the total fees you paid to us for the Platform in the 12 months before the event giving rise to the claim, or (b) USD 50.

Some jurisdictions do not allow certain exclusions or limitations; where that applies, the above limitations apply only to the extent permitted, and nothing in these Terms excludes liability that cannot lawfully be excluded.

13 · Indemnification

You agree to indemnify and hold harmless the Operator and its affiliates and contributors from and against any claims, damages, losses, liabilities, and reasonable legal fees arising out of or related to: your use of the Platform; your breach of these Terms; your transactions or dealings with any Protocol; or your violation of any law or third-party right.

14 · Intellectual Property & License Grant

All source code, algorithms, models, thresholds, branding (including the Plumbline name, wordmark, and "peg-line-with-a-blip" mark), and interface designs are the exclusive property of the Operator or its licensors and are protected by law. The underlying public on-chain data is not owned by the Operator and is not covered by this grant.

Subject to these Terms, we grant you a limited, revocable, non-exclusive, non-transferable license to access and use the Platform and Content for your own personal, non-commercial use for as long as your access is active. All rights not expressly granted are reserved.

15 · Communications & Forward-Looking Statements

Any community posts, social-media content, roadmap, or statements about future features are informational only, are not advice or warranties, and are not guarantees of future outcomes. No person is authorized to give financial advice or make binding representations on the Operator's behalf.

16 · Service Availability & Modifications

The Platform is provided on a best-effort basis. We do not guarantee that it will be uninterrupted, timely, secure, or error-free, and signals or alerts may be delayed, missed, or unavailable. We may suspend, modify, or discontinue all or part of the Platform at any time, with or without notice, including for maintenance, security, or operational reasons. Any fees cover access on an "as available" basis.

17 · Termination

We may suspend or terminate your access immediately if you breach these Terms or where required by law or security. You may stop using the Platform at any time. Sections that by their nature should survive termination (including Sections 08–15, 18, and 21) remain in effect afterwards.

18 · Privacy & Data Protection

We collect and process only what we need to operate the Platform, which may include:

• your Telegram chat ID and alert preferences, if you enable alerts;
• an email address — required to get Free access (one per address, used to prevent duplicate signups) and, once Pro launches, to deliver your License Key;
• your on-chain payment transaction and License Key, for Pro purchases, to deliver and verify access;
• basic technical data needed to serve and secure the site (e.g. IP address, user-agent, and a dashboard access credential), retained no longer than necessary.

Local settings storage. The Platform stores a small amount of data in your own browser (via cookies and/or local storage) to remember your own interface preferences. This storage is functional, is not used to track you across sites, and is not shared with advertisers. If a sign-up is credited to a marketing campaign, that is read by our server from the page address at the moment you acted, not stored on your device.

We use no third-party advertising or analytics trackers and we do not sell your personal data. Where applicable data-protection law gives you rights over your data — such as access, correction, or deletion — you may exercise them by contacting us (Section 23). Fuller detail is set out in our separate Privacy Policy.

19 · Telegram Alerts (Pro)

Telegram alerts are a Pro feature. If you have an active Pro licence and enable alerts, you provide a Telegram chat ID so the bot can notify you when a token's status changes (for example, "Red only" or "Yellow + Red"). The chat ID you provide must be your own. Subscribing a chat ID that is not yours, or using alerts to message third parties without their consent, is a breach of these Terms and may result in immediate suspension or revocation of your access, without refund. You are responsible for safeguarding your own Telegram account and credentials. Alerts are provided on a best-effort basis and may be delayed or missed (Section 16).

20 · Changes to These Terms

We may modify these Terms at any time. Changes take effect when posted, with an updated "Last updated" date. Your continued use of the Platform after changes are posted constitutes acceptance. Material changes will be indicated by updating the date above.

21 · Governing Law & Dispute Resolution

These Terms, and any dispute or claim arising out of or in connection with them or the Platform (including non-contractual disputes), are governed by the laws of the Republic of Seychelles, without regard to conflict-of-laws principles.

Binding arbitration. Except where prohibited by mandatory law applicable to you, any dispute that cannot be resolved informally will be resolved by final and binding arbitration seated in the Seychelles, conducted in English by a single arbitrator, rather than in court. The arbitration award is final and enforceable, and judgment on it may be entered in any court of competent jurisdiction.

No class actions. To the maximum extent permitted by law, disputes will be resolved only on an individual basis; you and the Operator waive any right to bring or participate in a class, collective, or representative action.

Nothing in this section removes any mandatory statutory protection or forum right you have as a consumer that cannot lawfully be excluded under the law of your place of residence (noting that the Platform is not offered to persons in the Excluded Jurisdictions — see Section 04).

22 · General

• Entire agreement. These Terms (together with any Privacy Policy and any feature-specific terms) are the entire agreement between you and the Operator regarding the Platform.
• Severability. If any provision is held unenforceable, the rest remains in effect.
• No waiver. Our failure to enforce a provision is not a waiver of it.
• Assignment. We may assign these Terms (for example, on incorporating the project into a company or on a transfer of the Platform); you may not assign them without our consent.
• Force majeure. We are not liable for failures or delays caused by Data Source, blockchain, network, or other events beyond our reasonable control.
• No agency. Nothing here creates any partnership, employment, agency, or joint venture between you and the Operator.

23 · Contact

Email: stabletabledefi@gmail.com · X: @stabletabledefi

Plumbline is an informational monitoring tool for public on-chain data. It is not affiliated with any protocol or token it tracks, and nothing on the Platform is financial advice.