Legal
Terms of Service
Last updated: March 2026 · OPWA Protocol · OP_NET Testnet
1. Acceptance of Terms
By accessing or using the OPWA Protocol platform — including the web application at opwa-protocol.vercel.app, smart contracts deployed on OP_NET Testnet, and any associated tools — you confirm that you have read, understood, and agree to be bound by these Terms of Service. If you do not agree to all terms, you must discontinue use immediately. These terms apply to all visitors, users, investors, and property listers on the platform.
2. Nature of the Platform
OPWA Protocol is an experimental, decentralized real estate tokenization protocol built natively on Bitcoin's Layer 1 via OP_NET smart contracts. It enables fractional ownership of real-world assets represented as OP-20 tokens (OPWAY Coin) and OP-721 NFTs (PropertyNFT). The platform operates exclusively on OP_NET Testnet. No mainnet deployment exists at this time. All assets, balances, and transactions are experimental and carry no guarantee of value, liquidity, or real-world legal enforceability. OPWA does not act as a broker, custodian, financial advisor, or real estate agent.
3. Eligibility & Jurisdictional Restrictions
You must be at least 18 years of age and legally permitted to participate in digital asset transactions in your jurisdiction. OPWA Protocol does not provide services to residents of jurisdictions where digital asset transactions, DeFi protocols, or tokenized real estate are prohibited by law. It is your sole responsibility to determine the legal status of your participation. Users from sanctioned regions or those subject to applicable financial sanctions programs are prohibited from using this platform.
4. Wallet, Private Keys & Self-Custody
OPWA Protocol is a non-custodial platform. We do not at any time hold, store, or have access to your private keys, seed phrases, or wallet credentials. You are entirely responsible for the security of your wallet (OP_Wallet, Unisat, Xverse, OKX, or any compatible Bitcoin wallet). All on-chain transactions are irreversible once confirmed. OPWA bears no responsibility for loss of funds due to user error, wallet compromise, phishing attacks, or hardware failure. Never share your seed phrase with anyone, including OPWA team members.
5. YieldVault & Staking
The YieldVault smart contract allows OPWAY holders to stake tokens in exchange for USDOP stablecoin yield at approximately 15% APY, subject to a 420-block timelock (~70 minutes on OP_NET Testnet). Yield accrual rates, timelock durations, and reward token availability are subject to change via protocol governance. Staked tokens are locked per the contract logic; OPWA Protocol cannot override on-chain conditions or manually release funds. Yield estimates displayed in the interface are approximations and may differ from actual on-chain balances due to block timing variances.
6. PropertyNFT & Property Vault
PropertyNFT (OP-721) tokens represent experimental fractional ownership interests in simulated real estate assets on testnet. These tokens have no legal real-world property rights, title, or enforceability unless explicitly established through applicable law and separate legal documentation. Listing a PropertyNFT in the Property Vault is an on-chain action. OPWA Protocol does not verify, appraise, or warrant any property valuations entered by users. All property data is user-generated and unverified.
7. Risk Disclosures
Digital assets and DeFi protocols involve substantial risk. Smart contract bugs, oracle failures, network congestion, or protocol exploits may result in partial or total loss of funds. Price volatility of BTC and OPWAY tokens is significant. OP_NET Testnet is an experimental environment — the protocol may be reset, paused, or discontinued without notice. Do not invest funds you cannot afford to lose. Past performance of any asset or yield rate is not indicative of future results.
8. Intellectual Property
All OPWA Protocol source code is published under open-source licenses as available on github.com/Opwabtc. The OPWA name, logo, and brand assets are the property of the OPWA Protocol team. Unauthorized commercial use of branding is prohibited. Smart contract ABIs and token standards follow OP_NET specifications and are governed by their respective licenses.
9. Disclaimers & Limitation of Liability
THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. OPWA PROTOCOL AND ITS CONTRIBUTORS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF FUNDS, DATA, PROFITS, OR GOODWILL ARISING FROM USE OF OR INABILITY TO USE THE PLATFORM, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
10. Modifications
OPWA Protocol reserves the right to update these Terms at any time. Continued use of the platform after changes constitutes acceptance. We will indicate the last updated date at the top of this document.
11. Governing Law
These Terms shall be governed by the laws of the applicable jurisdiction of the OPWA Protocol contributors. Any disputes shall be resolved through good-faith negotiation before formal proceedings. Given the decentralized nature of the protocol, on-chain logic supersedes any off-chain dispute resolution in matters of fund custody and contract execution.
12. Contact
For inquiries, reach us via GitHub, official OPWA community channels, or X (@OPWA Protocol). For security vulnerabilities, use responsible disclosure through our GitHub repository.
By using OPWA Protocol, you acknowledge that you have read, understood, and agree to these Terms of Service in their entirety.
