Know Your Assumptions

ErgoDEX is a decentralized financial (DeFi) application which means it doesn’t have a central government body. ErgoDEX Beta UI includes only AMM (Swap, Deposit and Redeem) functionality.

By accepting these KYA, you agree that:

  • You will use the product at your own peril and risk

  • Only YOU are responsible for your assets

  • ErgoDEX Smart Contracts meet your expectations

Notice that:

  • ErgoDEX Beta UI operates on a live blockchain, thus trades are final, and irreversible once they have status «executed».

  • Every transaction can be viewed via explorer

  • By creating an order you send your funds to a specific smart-contract, all such contracts are wired into the UI. Thus, orders are created entirely in your browser (on your machine).

ErgoDEX Team doesn’t guarantee the absence of bugs and errors. ErgoDEX is in Beta testing and has yet to be independently audited.

ErgoDEX offers a form of added security, as buyers and sellers do not have to give their information to any 3rd party. However, ErgoDEX is without a know your customer (KYC) process and can offer NO assistance if a user is hacked or cheated out of passwords, currency or private wallet keys.

We recommend that you DO NOT use ErgoDEX Beta UI to operate large amounts of assets!