Terms of Use

1. Acceptance of these terms

Lovely Legends (the “Platform”) is operated by LF Labs. By accessing or using the Platform — the website at llx.lflabs.fund, the Telegram Mini App, the bot, or any associated service or API — you agree to be bound by these Terms of Use. If you do not agree, do not use the Platform.

LF Labs may modify these terms at any time. Material changes will be published on this page with an updated date, and continued use of the Platform after a change constitutes acceptance of the revised terms.

2. Eligibility

You must be at least 18 years old and of legal age in your jurisdiction to use the Platform. By using Lovely Legends you confirm that you meet that requirement, that you are acting on your own behalf, and that your use of the Platform does not breach any law or regulation that applies to you.

Access may be limited or refused in certain jurisdictions for legal, regulatory, operational or risk reasons. You are responsible for knowing and following the law where you are.

3. Account access

Your account is linked to your Telegram identity. You can sign in with Telegram in one tap, or set a password and sign in by email on the web — both routes reach the same account. Lovely Legends never sees your Telegram password or login code; it receives only a signed confirmation from Telegram of who you are.

You are responsible for keeping your Telegram account, your email inbox and your password secure. LF Labs is not liable for loss resulting from access obtained through credentials you control. Do not share your login, your password or a one-time code with anyone, including anyone claiming to be support.

4. Your responsibilities

When you use the Platform you are responsible for:

• The accuracy of every instruction you submit — an order, a withdrawal address, a network selection
• Ensuring your use of the Platform is lawful where you are
• Any tax arising from your activity, which the Platform does not calculate, withhold or report on your behalf
• Securing the accounts and devices you use to sign in
• Reviewing the fees, limits and risks that apply before you transact

Nothing on the Platform is investment, tax or legal advice. No content, figure, chart, reward rate or market listing should be read as a recommendation to buy, sell or hold any asset.

5. Platform services

Lovely Legends provides spot trading on an order-book matching engine, a custodial multi-chain wallet with deposits and withdrawals, staking, mining, task-based rewards, referral programmes and a market-maker API. Services are provided “as is” and “as available”, without warranties of any kind. LF Labs does not guarantee any specific return, yield, price, execution or outcome.

Availability of any individual service, market, asset, network or feature may change. Some features described on this site are labelled as planned or coming soon; those labels are part of the description and mean the feature is not live.

6. Spot trading and order handling

Orders you submit are matched against other users' orders on a price-time priority order book. Limit and market orders are supported. An order may be filled in full, filled in part, or not filled at all, and a market order may execute at a price materially different from the last traded price.

• Trading fees are charged per market as a maker or taker rate and are shown on the fees page and in the app; per-account rates may differ
• A price band may reject or warn on orders priced far from the current market, to protect you and the book from obvious mistakes
• Self-matching may be prevented, which can cause an order to be reduced or rejected
• Markets may be paused, closed, delisted or have their parameters changed, including where an asset's liquidity, integrity or legal status changes

Once an order is matched the trade is final. There is no cancellation, reversal or dispute mechanism for an executed trade, and an order you placed by mistake is still your order.

7. Trading risks

Trading digital assets carries substantial risk and can result in the loss of your entire balance. Prices are volatile and can move sharply in either direction, including outside normal hours. Liquidity in any market can thin without notice, which widens spreads and worsens execution.

You should not trade with funds you cannot afford to lose. A full statement of the risks is published on the risk disclosure page and forms part of these terms.

8. Custody of assets

Lovely Legends is a custodial platform. Assets you deposit are held in wallets controlled by LF Labs, and your displayed balance is a claim against LF Labs rather than coins you hold yourself. LF Labs is not a bank; balances are not deposits, are not insured, and are not protected by any deposit guarantee or investor compensation scheme.

If you want custody of your assets, withdraw them to a wallet whose keys you control.

9. Deposits and withdrawals

Deposits are credited after the required confirmations on the relevant network. Withdrawals are reviewed before they are broadcast and may take up to 48 hours. A flat fee equivalent to $1.00 USD, charged in the withdrawal coin, is deducted from each withdrawal.

• Sending an asset on a network that is not supported for that asset, or to an address on the wrong network, will normally result in permanent loss and cannot be recovered by LF Labs
• A withdrawal address is your responsibility; a transaction confirmed on-chain cannot be reversed
• Deposits and withdrawals for an individual asset or network may be suspended for maintenance, congestion, security or compliance reasons
• LF Labs may delay, review or refuse a withdrawal that appears fraudulent, is subject to a lawful request, or breaches these terms

10. Staking, mining and rewards

Staking locks supported assets for a chosen term. Flexible stakes can be withdrawn at any time; a fixed-term stake cannot be withdrawn before its term ends. Reward rates are displayed in-app, are set by LF Labs, and are subject to change. A 0.5% fee applies when claiming rewards to your main wallet.

Mining power is purchased with supported cryptocurrencies (not LF), expires after 120 days, and carries a system-determined multiplier between 1.5× and 4× that a user cannot influence. Task, campaign and referral rewards are governed by the rules published for each programme.

No reward, rate or multiplier is guaranteed. Past performance of any programme does not indicate future results, and LF Labs may modify or end any rewards programme.

11. Referral programme

Users may earn a share of a referred friend's mining and staking rewards, and a share of the trading fees a referred user pays, as published for each programme. Referral rewards are subject to the same claim fee as other rewards.

Abuse of the referral system — self-referrals, fake or duplicate accounts, incentivised sign-ups, or any scheme designed to generate rewards without genuine activity — results in forfeiture of rewards and may result in account suspension. LF Labs may modify or terminate the programme at any time.

12. Verification

Profile verification is optional and requires a fee of $2.00 USD equivalent in LF. It grants access to profile features. Verification fees are non-refundable. Profile verification is a cosmetic and community feature and is not identity verification for compliance purposes; see the KYC and AML policy for that.

13. Prohibited activities

You agree not to:

• Use the Platform for money laundering, terrorist financing, sanctions evasion or any other unlawful purpose
• Create multiple accounts, or operate an account on behalf of someone who is barred from using the Platform
• Manipulate a market — including wash trading, spoofing, layering, ramping and any coordinated activity intended to create a misleading impression of price or volume
• Exploit a bug, pricing error, latency or vulnerability rather than reporting it
• Place load on the API or the interface beyond published limits, or use automation to degrade service for others
• Impersonate another user, LF Labs, or Lovely Legends staff
• Scrape, resell or redistribute Platform data in breach of these terms

Market conduct is set out in more detail in the market integrity policy, which forms part of these terms.

14. API access

API keys are issued to an account, are bound to the IP addresses you nominate, and the secret is shown once at creation. You are responsible for every action taken with your key. Rate limits, permissions and market-maker terms apply and may be changed. LF Labs may revoke a key at any time, including where a key is being used in a way that threatens the stability or integrity of the market.

15. Changes to the Platform

LF Labs may add, change, suspend or withdraw any part of the Platform, including markets, assets, networks, fees, limits, reward rates and features, with or without notice where circumstances require it. Planned maintenance is published on the status page where practical.

16. Suspension and termination

LF Labs may restrict, suspend or close an account where there is a breach of these terms, suspected fraud or market abuse, a legal or compliance requirement, an unresolved security concern, or a lawful request from a competent authority.

Where an account is closed and there is no legal impediment to doing so, you may withdraw your remaining balance less any applicable fees, subject to review. You may stop using the Platform and request closure of your account at any time.

17. Limitation of liability

To the fullest extent permitted by law, LF Labs, its founders, staff and affiliates are not liable for any indirect, incidental, special or consequential loss arising from your use of the Platform, including loss of assets, loss of profit, loss of opportunity or loss of data. LF Labs' total aggregate liability shall not exceed the value of the assets you hold with the Platform.

Nothing in these terms excludes liability that cannot lawfully be excluded.

18. Governing law and disputes

These terms are governed by applicable law and any dispute will be resolved through binding arbitration. Before starting a formal dispute, please raise the matter through the complaints process — most issues are resolved there faster.

19. Contact

Questions about these terms can be sent to support@lflabs.fund, or raised with @john_lflabs on Telegram.