# Terms of Service and Legal Disclaimer for SJX Synthetic Token on the Siljexa Platform

**Last Updated: July 9, 2025**

Welcome to the Siljexa platform (“Platform”), a decentralized application (dApp) operating on the Solana blockchain. These Terms of Service (“ToS”) and Legal Disclaimer (“Disclaimer”) govern your use of the Siljexa platform and the synthetic token **SJX**, which is designed for use within the Platform and intended for a future swap to the **EXA** token. By accessing or using the Platform or interacting with the SJX token, you agree to be bound by these ToS and acknowledge the Disclaimer. If you do not agree, you must not use the Platform or the SJX token.

## 1. Definitions

– **Platform**: The Siljexa decentralized application, built on the Solana blockchain, facilitating the use of the SJX synthetic token and related services.
– **SJX Token**: A synthetic token issued on the Solana blockchain under the Solana Program Library (SPL) standard, used within the Siljexa platform for specific functionalities, with a planned future swap to the EXA token.
– **EXA Token**: The token intended to replace SJX in a future swap event, subject to the terms outlined herein.
– **User**: Any individual or entity accessing or using the Platform or SJX token.
– **Solana Network**: A high-performance blockchain network used to deploy and operate the Siljexa platform and SJX token.
– **Smart Contracts**: Self-executing programs on the Solana blockchain that govern the functionality of the Platform and SJX token.
– **Token Swap**: The planned future event where SJX tokens may be exchanged for EXA tokens, subject to specific conditions.

## 2. Acceptance of Terms

By accessing the Platform, holding, transferring, or interacting with the SJX token, you agree to these ToS and the Disclaimer. The Platform is provided on an “as-is” and “as-available” basis. We reserve the right to update these ToS at any time, with changes effective upon posting to the Platform’s official website or communication channels.

## 3. Description of the Siljexa Platform and SJX Token

### 3.1 Siljexa Platform
The Siljexa platform is a decentralized finance (DeFi) application on the Solana blockchain, enabling users to engage in activities such as token swaps, liquidity provision, and other DeFi functionalities. The Platform operates through smart contracts, which are autonomous and not controlled by any single entity after deployment. The smart contract comes into affect after the SJX to EXA token swap.

### 3.2 SJX Synthetic Token
– **Purpose**: The SJX token is a synthetic utility token designed not to track or represent specific functionalities within the Siljexa platform, such as governance, staking, or access to certain features. It is not a security, equity, or ownership interest in the Platform or any associated entity.
– **Synthetic Nature**: SJX is a synthetic token, meaning it has not value tied to underlying assets, protocols, or mechanisms defined by the Platform’s smart contracts, as described in the official documentation.
– **Solana Network**: SJX is an SPL token, leveraging Solana’s high-speed, low-cost blockchain for transactions. Users must hold Solana (SOL) to pay for transaction fees (gas) on the network.

– **Future Swap to EXA**: SJX is intended as a temporary token, with a planned swap to the EXA token at a future date. The swap process, timeline, and conditions will be announced through official Siljexa communication channels. There is no guarantee that the swap will occur, and it is subject to technical, regulatory, and market conditions.

### 3.3 Token Swap to EXA
– The swap from SJX to EXA will be facilitated through a smart contract mechanism on the Solana network.
– Users will be required to follow instructions provided by the Platform to participate in the swap, which may include transferring SJX tokens to a designated address or interacting with a specific smart contract.
– The swap ratio, timeline, and eligibility criteria will be determined and announced closer to the swap event. No guarantees are made regarding the value, utility, or availability of EXA tokens post-swap.
– Users are responsible for ensuring they have access to their SJX tokens and a compatible Solana wallet (e.g., Phantom, Trust Wallet) to participate in the swap.[](https://cointelegraph.com/news/swap-tokens-between-base-and-solana)

## 4. Eligibility and User Responsibilities

### 4.1 Eligibility
– You must be at least 18 years old and have the legal capacity to enter into these ToS.
– You must not be located in, or be a resident of, any jurisdiction where accessing or using the Platform or SJX token is prohibited by law, including but not limited to jurisdictions subject to U.S., EU, or UN sanctions.
– You are responsible for ensuring compliance with local laws and regulations.

### 4.2 User Responsibilities
– **Wallet Security**: You are solely responsible for securing your private keys, recovery phrases, and wallet access. Loss of access to your wallet may result in the permanent loss of SJX tokens or participation in the EXA swap.
– **Transaction Fees**: Users must hold sufficient SOL to cover transaction fees on the Solana network.[](https://www.kucoin.com/learn/web3/top-decentralized-exchanges-dexs-in-the-solana-ecosystem)
– **Due Diligence**: You are responsible for conducting your own research regarding the Platform, SJX token, and the planned EXA swap. The Siljexa team does not provide financial, legal, or tax advice.
– **Compliance**: You must comply with all applicable laws, including tax reporting and anti-money laundering (AML) regulations.

## 5. Risks

Using the Siljexa platform and the SJX token involves significant risks, including but not limited to:

– **Market Risk**: The value of SJX and EXA tokens may be highly volatile and could result in partial or total loss of value.
– **Smart Contract Risk**: Smart contracts may contain vulnerabilities or bugs, leading to loss of funds or tokens.

– **Regulatory Risk**: Changes in laws or regulations may impact the legality or functionality of the Platform, SJX, or EXA tokens.
– **Swap Risk**: The planned swap to EXA is not guaranteed and may be delayed, modified, or canceled due to technical, regulatory, or other unforeseen issues.
– **Network Risk**: The Solana network may experience congestion, outages, or attacks, affecting transaction speed, cost, or success.
– **Liquidity Risk**: There is no guarantee of liquidity forSJX or EXA tokens, and you may be unable to trade or swap them at desired times or prices.
– **Loss of Funds**: Loss of private keys, wallet hacks, or user errors may result in the permanent loss of tokens without recourse.

## 6. Prohibited Activities

You agree not to:
– Use the Platform or SJX token for illegal purposes, including money laundering, fraud, or financing terrorism.
– Attempt to hack, exploit, or manipulate the Platform’s smart contracts or the Solana network.
– Use automated systems (e.g., bots) to disrupt or harm the Platform.
– Violate intellectual property rights or engage in any activity that infringes on the rights of others.

## 7. Intellectual Property

The Siljexa platform, including its code, documentation, and branding, is protected by intellectual property laws. You may not copy, modify, distribute, or reverse-engineer any part of the Platform without express permission.

## 8. Privacy

The Platform operates on the Solana blockchain, a public ledger. Transactions involving SJX tokens are transparent and traceable, except where specific token extensions (e.g., confidential transfers) are implemented. No personal data is collected by the Platform unless explicitly provided by you. You are responsible for protecting your own privacy and personal information.

## 9. Legal Disclaimer

**No Investment Advice**: The information provided by the Siljexa platform, its documentation, or related communications does not constitute financial, legal, tax, or investment advice. You should consult with qualified professionals before making decisions related to the Platform or SJX token.

**No Warranties**: The Platform and SJX token are provided “as-is” without warranties of any kind, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement. We do not guarantee the Platform’s availability, security, or performance.

**Limitation of Liability**: To the maximum extent permitted by law, the Siljexa team, its developers, contributors, and affiliates shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from your use of the Platform or SJX token, including loss of funds, data, or profits.

**No Guarantee of Swap**: The planned swap from SJX to EXA is not guaranteed. Factors such as technical issues, regulatory changes, or market conditions may delay, modify, or cancel the swap. The Siljexa team is not liable for any losses resulting from the swap process or its cancellation.

**Third-Party Services**: The Platform may integrate with third-party services (e.g., wallets, bridges, or DEXs). We are not responsible for the performance, security, or actions of these third parties.[](https://cointelegraph.com/news/swap-tokens-between-base-and-solana)

**Regulatory Compliance**: The SJX token and Siljexa platform are not registered with any regulatory authority. You are responsible for ensuring that your use complies with applicable laws in your jurisdiction.

**Tax Implications**: You are solely responsible for any tax obligations arising from holding, transferring, or swapping SJX or EXA tokens.

**Decentralized Nature**: The Siljexa platform operates as a decentralized protocol. After deployment, smart contracts are autonomous and not controlled by any single entity. The Siljexa team has no ability to modify or reverse transactions unless explicitly programmed in the smart contracts.

## 10. Indemnification

You agree to indemnify and hold harmless the Siljexa team, its developers, contributors, and affiliates from any claims, losses, or damages arising from your use of the Platform or SJX token, including legal fees, except where prohibited by law.

## 11. Termination

We reserve the right to restrict or terminate your access to the Platform if you violate these ToS, engage in prohibited activities, or if required by law. Due to the decentralized nature of the Platform, access restrictions may be limited to specific interfaces or services controlled by the Siljexa team.

## 12. Governing Law and Dispute Resolution

These ToS are governed by the laws of [the United Kingdom], without regard to conflict of law principles. Any disputes arising from these ToS shall be resolved through binding arbitration in [The United Kingdom], conducted in accordance with the rules of [the Chartered Institute of Arbitrators (CIArb)]. You waive any right to participate in class action lawsuits.

## 13. Miscellaneous

– **Severability**: If any provision of these ToS is found to be unenforceable, the remaining provisions shall remain in full force.
– **Entire Agreement**: These ToS constitute the entire agreement between you and the Siljexa team regarding the Platform and SJX token.
– **Force Majeure**: The Siljexa team is not liable for delays or failures caused by events beyond its control, including network outages or regulatory actions.
– **Contact**: For inquiries, contact [siljexa.com]. Official communications will be posted on [siljexa.com].

## 14. Acknowledgment

By using the Siljexa platform or SJX token, you acknowledge that you have read, understood, and agree to these ToS and the Disclaimer. You assume all risks associated with the use of decentralized technologies and synthetic tokens.

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**Legal Disclaimer Specific to SJX Token**

The SJX token is a synthetic token designed for use within the Siljexa platform and is not intended as an investment, security, or financial instrument. The token’s value, utility, and availability are subject to market and technical risks, and there is no guarantee of future performance or swap to EXA. The Siljexa team makes no representations regarding the token’s suitability for any purpose. Users should conduct thorough research and assume full responsibility for their actions.[](https://coinmarketcap.com/currencies/solana-swap/)