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Privacy Policy

Grix - Privacy Policy

Last Updated: November 20, 2024

Grix Foundation, a foundation company limited by guarantee incorporated in the Cayman Islands (“Grix,” “we,” “our,” or “us”), respects your privacy and is committed to protecting the personal information you share with us when using the website app.grix.finance (the “Site”) and the user interface (“Interface”) for interacting with the Grix Protocol, a decentralized protocol on the Ethereum blockchain (and its Layer 2s).

This Privacy Policy explains how we collect, use, and safeguard your information. By accessing or using the Site and Interface, you agree to the terms outlined in this Privacy Policy. If you do not agree, please refrain from using the Site or Interface.

Information We Collect

We collect two types of information from you:

1. Personal Information You Provide  

You may choose to provide personal information directly to us when:

- You contact us via email or through forms available on the Site.

- You participate in surveys, promotions, or events.

This information may include, but is not limited to:

- Your name

- Email address

- Wallet address or other blockchain-related identifiers

2. Non-Personal Information  

When you access or interact with the Site or Interface, we may collect certain non-personal information, including:

- IP address

- Browser type and version

- Operating system

- Pages visited, date and time of access

- Interaction with features on the Site or Interface

How We Use Information

We use the information we collect to:

- Operate and improve the Site and Interface.

- Communicate with you regarding updates, features, and services.

- Analyze usage trends and user preferences to enhance user experience.

- Prevent fraudulent, illegal, or unauthorized activities.

- Comply with legal obligations or enforce our Terms of Service.

Information Sharing and Disclosure

We do not sell, trade, or rent your personal information to third parties. We may share your information in the following limited circumstances:

- Service Providers: We may share information with third-party service providers who assist us in operating the Site or providing related services, provided they comply with our data privacy requirements.

- Legal Requirements: We may disclose information if required to comply with applicable laws, regulations, legal processes, or enforceable government requests.

- Business Transfers: In the event of a merger, acquisition, or sale of assets, your information may be transferred to the successor entity.

Decentralized Protocol and Blockchain Data

The Grix Protocol operates on a decentralized blockchain network, which inherently involves public data. Any transactions or interactions with the Protocol will be publicly visible and permanently recorded on the blockchain. This includes your wallet address and transaction details. Grix has no control over the visibility or accessibility of blockchain data.

Important Note: The Site and Interface are non-custodial and do not store or control your digital assets.

Cookies and Tracking Technologies

We may use cookies and similar tracking technologies to:

- Enhance functionality of the Site and Interface.

- Collect usage analytics for improving services.

You can control or disable cookies through your browser settings. However, disabling cookies may limit some functionalities of the Site or Interface.

Data Security

We implement appropriate technical and organizational measures to protect your information from unauthorized access, loss, misuse, or alteration. However, no method of transmission over the Internet or electronic storage is 100% secure, and we cannot guarantee absolute security.

Your Rights

Depending on your jurisdiction, you may have the right to:

- Access the personal information we hold about you.

- Request correction or deletion of your personal information.

- Object to or restrict certain types of data processing.

- Withdraw consent where processing is based on your consent.

To exercise your rights, please contact us at contact@grix.finance.

Third-Party Links and Protocols

The Site and Interface may contain links to third-party websites, protocols, or services. We are not responsible for the privacy practices of these external entities. We encourage you to review the privacy policies of third parties before interacting with their services.

Retention of Information

We retain your information for as long as necessary to fulfill the purposes outlined in this Privacy Policy unless a longer retention period is required by law. Non-personal information may be retained indefinitely for analytical purposes.

Children’s Privacy

The Site and Interface are not intended for use by individuals under the age of 18. We do not knowingly collect personal information from children. If we become aware that we have inadvertently collected information from a child, we will promptly delete it.

Changes to This Privacy Policy

We may update this Privacy Policy from time to time. If significant changes are made, we will post a clear notice on the Site and indicate the “Last Updated” date at the top of this page. Your continued use of the Site or Interface after any changes constitutes acceptance of the updated Privacy Policy.

Contact Us

If you have any questions or concerns regarding this Privacy Policy or our data practices, please contact us at: contact@grix.finance

By using the Site or Interface, you acknowledge that you have read and understood this Privacy Policy and agree to its terms.