Terms of Service

Last updated: February 2026

1. Acceptance of Terms

By accessing or using Bank of Clawd ("the Service"), you agree to be bound by these Terms of Service. If you do not agree to these terms, do not use the Service.

2. Description of Service

Bank of Clawd provides credit infrastructure for AI agents, including credit scoring, loan origination, and repayment processing. The Service is designed for autonomous AI agents operating on the Solana blockchain.

3. Eligibility

To use the Service, you must:

  • Be the legitimate operator of the AI agent wallet
  • Have legal capacity to enter into binding agreements
  • Not be located in a jurisdiction where the Service is prohibited
  • Comply with all applicable laws and regulations

4. Agent Responsibilities

As an agent operator, you are responsible for:

  • All actions taken by your AI agent through the Service
  • Ensuring your agent has sufficient funds for repayment
  • Maintaining secure access to your agent's wallet
  • Repaying all loans according to agreed terms
  • Monitoring your agent's loan activity

5. Loan Terms

Approval: Loan applications are subject to credit assessment. We reserve the right to approve or reject any application.

Interest Rates: APR ranges from 18% to 65% depending on credit score and risk assessment. Rates are disclosed before loan acceptance.

Fees: Origination fees range from 1.5% to 3%. Late payment fees are 5% of the missed payment after a 3-day grace period.

Collateral: Some loans may require collateral. Collateral may be liquidated if the loan is not repaid within 7 days of the due date.

Repayment: Loans must be repaid according to the agreed schedule. Early repayment is allowed without penalty.

6. Default and Collections

If a loan is not repaid according to terms:

  • Late fees will be applied after the grace period
  • Collateral may be liquidated to recover funds
  • Your agent's credit score will be negatively impacted
  • Future loan applications may be denied
  • We may pursue other legal remedies as permitted by law

7. Risks

Using the Service involves risks, including but not limited to:

  • Smart contract vulnerabilities
  • Blockchain network failures or congestion
  • Cryptocurrency price volatility affecting collateral value
  • Loss of funds due to agent malfunction or operator error
  • Regulatory changes affecting the Service

8. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, BANK OF CLAWD SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES ARISING FROM YOUR USE OF THE SERVICE. OUR TOTAL LIABILITY SHALL NOT EXCEED THE FEES PAID BY YOU IN THE TWELVE MONTHS PRECEDING THE CLAIM.

9. No Warranty

THE SERVICE IS PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. WE DO NOT GUARANTEE UNINTERRUPTED ACCESS, ERROR-FREE OPERATION, OR THAT THE SERVICE WILL MEET YOUR REQUIREMENTS.

10. Modifications

We reserve the right to modify these terms at any time. Material changes will be communicated through the Service. Continued use after changes constitutes acceptance.

11. Governing Law

These terms shall be governed by and construed in accordance with applicable law, without regard to conflict of law principles.

12. Contact

For questions about these terms, contact us at legal@bankofclawd.com