To use the Calyx Protocol and related services, you must meet the following criteria:
You must be at least 18 years old, or the legal age of majority in your jurisdiction, and have the capacity to enter into binding agreements.
If you are accessing the protocol on behalf of a company, organization, or institution, you must have the authority to bind that entity to these Terms.
To act as a verifier, you must complete the Calyx accreditation process, including identity verification, compliance checks, and agreement to the Calyx Verifier Agreement.
You may not use the protocol if you are:
Access to Calyx requires adherence to its principles of transparency, integrity, and accurate reporting. Misrepresentation or fraudulent use of the protocol is strictly prohibited.
1. Purpose
The Calyx Protocol provides infrastructure for the creation, issuance, and consultation of BUDS (Blockchain Units of Derived Signal). These services are intended for use in verifying, recording, and propagating trusted data.
2. Permitted Use
You may use the protocol, APIs, dashboards, and documentation solely for lawful purposes, in accordance with these Terms, and only in the manner expressly permitted by Calyx.
3. Prohibited Conduct
You agree not to:
4. Verifier-Specific Use
Accredited verifiers must act with professional diligence, accuracy, and impartiality. Verifications submitted through the protocol are binding representations and may be subject to audit or challenge.
5. Reservation of Rights
Calyx reserves the right to monitor, restrict, suspend, or terminate access to the services if misuse, fraudulent activity, or violations of these Terms are detected.
1. Account Creation
To access certain features of the Calyx Protocol (including verifier dashboards, APIs, and integration tools), you may be required to create an account. You agree to provide accurate, current, and complete information during registration and to keep your account details updated at all times.
2. Access Credentials
You are responsible for maintaining the confidentiality of your login credentials, API keys, and authentication tokens. Any activity carried out under your account will be deemed your responsibility.
3. Application Submissions
Entities applying for verifier status or other roles within the protocol must provide supporting documentation as required by Calyx. All applications are subject to review and approval, and Calyx reserves the right to accept, reject, or revoke participation at its sole discretion.
4. Use by Authorized Representatives If you open an account on behalf of an organization, only authorized employees, agents, or representatives may access the protocol under that account. You are responsible for ensuring that such users comply with these Terms.
5. Suspension or Termination –
Calyx may suspend or terminate your account if you breach these Terms, fail to meet eligibility criteria, or engage in fraudulent, unlawful, or harmful activity.
1. Ownership of the Protocol
All rights, title, and interest in and to the Calyx Protocol, including but not limited to its design, architecture, formulas (including the Calyx Arc™, Compound Matrix™, and Inter-Entity Attribution Ledger), software, documentation, trademarks, and visual identity, are owned by Calyx or its licensors.
2. License to Users
Subject to compliance with these Terms, Calyx grants you a limited, non-exclusive, non-transferable, and revocable license to access and use the protocol solely for lawful purposes and in accordance with the functionality made available to you.
3. Restrictions
Except where explicitly permitted under open-source licenses or separate agreements, you may not:
4. Verifier Contributions
Verifications submitted by accredited verifiers remain the intellectual output of the verifier, but once minted into BUDS (Blockchain Units of Derived Signal), those records become part of the Calyx ledger and are licensed under the protocol for public audit and interoperability.
5. Third-Party Content
The protocol may interoperate with third-party frameworks, APIs, or datasets. Such content remains the property of its respective owners and may be subject to separate terms and conditions.
1. No Guarantee of Outcomes
The Calyx Protocol provides infrastructure for the issuance and consultation of BUDS (Blockchain Units of Derived Signal). Calyx does not guarantee financial outcomes, investment returns, regulatory approval, or business performance based on the use of BUDS or the protocol.
2. No Ratings or Advice
BUDS are not ratings, scores, or investment recommendations. They represent derived, verifiable signals of confirmed facts, and should not be construed as financial, legal, or sustainability advice.
3. Technology Provided “As Is”
The protocol, APIs, dashboards, and on-chain integrations are provided on an “as is” and “as available” basis. Calyx makes no warranties, express or implied, regarding uninterrupted access, security, error-free performance, or suitability for any specific purpose.
4. Third-Party Services
Calyx may rely on third-party infrastructure (including blockchains, storage solutions, and APIs). Calyx does not control and is not responsible for the performance, availability, or security of such third-party services.
5. Regulatory Status
BUDS are not a currency, financial instrument, or regulated security. They are cryptographic representations of verified trust. Your use of the protocol is subject to applicable laws and regulations in your jurisdiction.
1. Exclusion of All Liability
To the fullest extent permitted by applicable law, Calyx, its affiliates, directors, officers, employees, agents, contractors, and licensors disclaim all liability, whether in contract, tort, statute, equity, or otherwise, for any direct, indirect, incidental, consequential, punitive, exemplary, or special damages, including without limitation loss of profits, loss of revenue, loss of goodwill, loss of business opportunities, loss of data, or business interruption, arising from or relating in any way to your access to or use of the Calyx Protocol.
2. Absolute Cap
In no event shall Calyx’s aggregate liability for any and all claims, damages, losses, liabilities, or costs arising under or relating to these Terms or the protocol exceed one hundred (100) U.S. dollars, regardless of the nature of the claim, the number of incidents, or the theory of liability.
3. No Responsibility for Third Parties
Calyx bears no responsibility for:
4. Assumption of Risk
By accessing or using the protocol, you acknowledge that you do so at your sole risk. You understand and agree that the issuance and use of BUDS (Blockchain Units of Derived Signal) carries inherent technological, regulatory, and market risks, for which Calyx bears no responsibility.
5. Non-Waiver of Protections
The exclusions and limitations above apply to all claims, regardless of whether Calyx has been advised of the possibility of such damages, and regardless of whether any remedy fails of its essential purpose.
6. Mandatory Limitations
In jurisdictions where exclusions or limitations of liability are restricted, Calyx’s liability shall be limited to the maximum extent permitted by law, and all other disclaimers herein shall remain in full force and effect.
1. Controlling Law
These Terms, and any dispute, claim, or controversy arising out of or relating to them, the Calyx Protocol, or the issuance or use of BUDS (Blockchain Units of Derived Signal), shall be governed exclusively by, and construed in accordance with, the laws of Finland, without regard to its conflict-of-law principles.
2. Exclusive Jurisdiction
Any legal action or proceeding arising under or relating to these Terms shall be brought exclusively in the competent courts of Helsinki, Finland. You irrevocably consent to the personal jurisdiction of such courts and waive any objection to venue or forum on grounds of inconvenience or otherwise.
3. No Class or Collective Actions
You agree that disputes with Calyx may only be resolved on an individual basis, and that you shall not participate in or bring claims as a plaintiff, class member, or representative in any purported class, consolidated, or collective action.
4. Arbitration Option
At Calyx’s sole discretion, any dispute may alternatively be referred to and finally resolved by binding arbitration under the Rules of the Arbitration Institute of the Finland Chamber of Commerce. The arbitration shall be seated in Helsinki, conducted in English, and the award shall be final and binding.
5. Mandatory Law Carve-Out
If you are located in a jurisdiction where certain rights cannot be waived or restricted by contract, nothing in these Terms shall operate to waive such mandatory protections; however, all other provisions of these Terms shall remain enforceable to the fullest extent permitted by law.
1. Right to Amend
Calyx reserves the sole and absolute right to modify, update, or replace these Terms of Use, the Privacy Policy, and any other related policies at any time, with or without notice, and for any reason in its sole discretion.
2. Effective Upon Posting
Unless otherwise specified, any changes become effective immediately upon posting to the Calyx website or protocol interface. Your continued access to or use of the protocol after such posting constitutes your full acceptance of the updated Terms.
3. No Obligation to Notify
Calyx may, but is not obligated to, provide direct notice (e.g., email, dashboard notification) of material changes. You are responsible for reviewing the Terms regularly to remain informed of current obligations and restrictions.
4. Retroactive Application
Updates may, to the fullest extent permitted by law, apply to all prior, current, and future uses of the protocol.
5. Severability of Amendments
If any amendment is held invalid or unenforceable, the remaining provisions shall continue in full force and effect, and the invalid portion shall be enforced to the maximum extent permissible.