1. Acceptance of Terms

By connecting your wallet and interacting with the CryptoNova Matrix smart contracts, you confirm that you have read, understood, and agreed to these Terms of Use and Risk Disclaimer in full. If you do not agree, do not use this platform.

These terms apply to all interactions with the CryptoNova protocol, including but not limited to: registration, referrals, tier upgrades, CNOVA token receipt, and CNOVA redemption via the StabilityFund.

2. Nature of the Protocol

CryptoNova Matrix V8 is a decentralized, autonomous smart contract system deployed on the Base blockchain. It operates without a central administrator, custodian, or intermediary. Once deployed, the core logic — including fee splits — is immutable and cannot be altered by any party.

The protocol implements a 7-tier BFS matrix compensation structure where participants pay an entry fee in USDC and receive payments from subsequent participants according to predefined on-chain rules. Each $10 entry at Tier 1 is split as: 20% referral bonus to direct sponsor, 5% override to deeper upline, 20% chain pay across 6 upline levels, 33% equalization pool, 15% to the StabilityFund (which backs the CNOVA floor price), 5% dev & ops, and 2% DAO treasury reserve. The CNOVA token is distributed as an in-protocol reward and is not a security or investment contract.

3. Risk Disclosure

You expressly acknowledge and accept the following risks:

• Smart contract risk. Despite testing efforts on Base Sepolia testnet, smart contracts may contain bugs or vulnerabilities. Exploits could result in partial or total loss of funds.
• Matrix mechanics risk. Income depends on continued participation by new and existing members. If growth slows significantly, cycle completions may slow and earnings may decrease.
• CNOVA token value risk. The CNOVA token has a rising floor price backed by the on-chain StabilityFund, but the market price above the floor is determined by supply and demand. The token may have little or no market liquidity at any given time.
• Cryptocurrency volatility. USDC is designed to maintain a $1.00 peg, but all cryptocurrencies carry risk. CNOVA is not a stablecoin and its value may fluctuate above the floor.
• Regulatory risk. Laws governing cryptocurrency, DeFi, and compensation structures vary by jurisdiction and are subject to change. It is your responsibility to ensure participation is legal in your country or region.
• Irreversibility. All blockchain transactions are final. Funds sent to smart contracts cannot be recovered by any party.
• No guarantees. Past results from any matrix or network structure do not guarantee future results. Earnings are not guaranteed.
• Testnet phase. The protocol is currently on Base Sepolia testnet. Mainnet launch is pending successful community testing. Testnet tokens and earnings have no real-world value.

4. No Financial or Investment Advice

Nothing on this website or within the CryptoNova protocol constitutes financial, investment, legal, or tax advice. All content is for informational purposes only. You should consult a licensed financial advisor before making any financial decisions.

The CryptoNova team does not recommend that any person participate in the protocol. Participation is entirely at your own discretion and risk.

5. Eligibility & Restricted Jurisdictions

By using this platform you represent that you are at least 18 years of age and have full legal capacity to enter into these terms in your jurisdiction.

You represent that your participation does not violate any law or regulation applicable to you. It is your sole responsibility to determine whether participation is lawful in your jurisdiction. The platform does not collect KYC information and cannot verify your location or legal status.

6. No Refunds

All entry fees are processed directly by the smart contract and distributed instantly according to the protocol rules. There are no refunds under any circumstances. By submitting an entry transaction you irrevocably authorize the transfer of funds as defined in the smart contract.

7. CNOVA Token and StabilityFund

CNOVA tokens are distributed to participants as in-protocol rewards. They are not securities, investment contracts, or guaranteed-return instruments. The StabilityFund holds USDC collected from entry fees (15% at T1) and allows token holders to redeem CNOVA at the current floor price. The floor rises automatically as more members join. The DAO Treasury (2% of entry fees) is a separate reserve for future governance and is not accessible for token redemption.

8. Taxes

You are solely responsible for determining what, if any, taxes apply to your participation and earnings. The CryptoNova protocol does not withhold, collect, or report taxes on your behalf. Consult a qualified tax professional in your jurisdiction.

9. Intellectual Property

The CryptoNova smart contract code is open-source and available for review on BaseScan. The frontend interface, branding ("CryptoNova Matrix"), and associated materials are the property of the CryptoNova development team. You may not reproduce or distribute the branding without permission.

10. Limitation of Liability

To the fullest extent permitted by applicable law, the CryptoNova development team shall not be liable for any direct, indirect, incidental, special, or consequential damages arising from your use of or inability to use the protocol, including but not limited to: loss of funds, loss of profits, smart contract exploits, or regulatory actions.

The protocol is provided "as is" without warranty of any kind, express or implied.

11. Changes to These Terms

These terms may be updated from time to time. The most recent version will always be published at this URL. Your continued use of the platform after any update constitutes acceptance of the revised terms. The smart contract logic itself is immutable and cannot be changed.

12. Contact

For questions, support, or to report issues, please reach out through the official Telegram community: t.me/CryptoNovaMatrix