> ## Documentation Index
> Fetch the complete documentation index at: https://docs.drakewell.fi/llms.txt
> Use this file to discover all available pages before exploring further.

# Legal disclosures, eligibility and terms of use

> Legal disclosures for Drakewell products: no offer or advice, rates and figures, eligibility and jurisdiction limits, venue terms and trademarks.

This page summarizes the legal terms that apply to Drakewell's products and to [drakewell.fi](https://drakewell.fi). The full Terms of Use `[TBC: Terms of Use URL]` and Privacy Policy `[TBC: Privacy Policy URL]` govern, and where they differ from this page, they control.

## No offer or advice

Nothing in these docs is investment, legal, accounting or tax advice, a recommendation, an offer to sell, or a solicitation of an offer to buy any security or other financial instrument in any jurisdiction. Consult your own advisers before you act.

## Rates and figures

Rates shown are current contractual rates or historical results. They are not forecasts and are not guaranteed. Rates are set per vault. Current terms at [drakewell.fi](https://drakewell.fi).

Figures are read from public blockchains and third-party venues and can be delayed, estimated or incomplete.

## Risk of loss

Digital assets involve substantial risk, including the possible loss of the entire amount deposited. See [USDdw risks](https://docs.drakewell.fi/usddw/risks.md) and [SPYdw risks](https://docs.drakewell.fi/spydw/risks.md).

## Eligibility

Drakewell's products are offered to eligible institutional participants only. They are not offered to U.S. persons and are not available in all jurisdictions `[TBC: eligibility and jurisdictions]`. To use them, you must:

* Be of legal age and have full legal capacity in your jurisdiction.
* Not be located in, organized in or resident of a jurisdiction where using the products is prohibited.
* Not be subject to sanctions administered by the United Nations, the European Union, the United States (including OFAC lists) or a similar authority.

Venues apply their own eligibility, onboarding and geographic checks, which can be stricter than Drakewell's. Access to a vault through [drakewell.fi](https://drakewell.fi) does not mean you are eligible under a venue's rules. You are responsible for complying with the laws that apply to you.

## Venue terms

USDdw's credit vaults on Ethereum and Arbitrum are hosted on partner venues, and a deposit into one is also governed by that venue's agreements. Where they conflict with Drakewell's terms on a vault matter, the venue's agreements control.

* **Accountable:** operated by Accountable Limited, a British Virgin Islands business company. Deposits are governed by Accountable's Master Service Agreement and the vault's loan documentation, under British Virgin Islands law.
* **Venzo:** governed by the terms, disclosures and risk documentation Venzo publishes.
* **Aleo:** the vault on Aleo is run by Drakewell, not a partner venue.

Depositing into a vault may mean entering a lending or similar relationship with a borrower or counterparty named in the venue's documentation.

## Operator

[drakewell.fi](https://drakewell.fi) is operated by Farthings Inc, a company incorporated in the Republic of Panama `[TBC: confirm operating entity after the rebrand]`.

## Trademarks

`[TBC: trademark notice for S&P 500 and SPY, wording from counsel]`

Drakewell is not affiliated with the Drake Well Museum or the Commonwealth of Pennsylvania.


This documentation is built and hosted on [Mintlify](https://mintlify.com), a developer documentation platform.