Terms of Service

1. What Disbursed is

Disbursed is a self-service interface and API on top of an immutable, publicly deployed mass-payout smart contract on the Binance Smart Chain (BSC). Disbursed does not hold, custody, or control any of your funds or tokens. Every payout is signed by you and executed directly between your wallet, the underlying smart contract, and your chosen recipients.

2. Your account

You sign in with your wallet using Sign-In-With-Ethereum (SIWE). Your wallet address is your account. You are responsible for keeping your wallet secure. We cannot recover or reset your wallet, your keys, or your funds. If you lose access to your wallet, we cannot help you recover any data or funds associated with it on-chain.

3. Service fee

Disbursed charges a flat 0.2% service fee on the total batch amount. The fee is calculated and shown on the review screen before you sign, and is collected as part of the same on-chain payout transaction. You also pay the BSC network gas required to execute the transaction. There are no monthly subscription fees, no per-recipient surcharges, and no hidden markups.

4. Your responsibilities

You agree that:

• You own and control the wallet you connect, or you have authority to operate it on behalf of its owner.
• You will only send funds to recipient addresses you intend to pay.
• You will not use the Service to pay any address that you know, or have reason to know, is subject to economic sanctions (e.g. OFAC SDN, EU consolidated list, UK OFSI), is owned by a sanctioned person or jurisdiction, or is associated with terrorism financing, child sexual abuse material, ransomware proceeds, or fraud.
• You will comply with all laws applicable to you, including tax, employment, anti-money-laundering, and consumer-protection laws in your jurisdiction.

5. Smart-contract and blockchain risk

Disbursed is a thin interface on top of a third-party audited public smart contract on BSC. While that contract has been live since 2020 and has been audited, no smart contract or blockchain is risk-free. You acknowledge that:

• Once a transaction is submitted, it cannot be paused, reversed, or amended — not by Disbursed, not by any third party, not by anyone, including us.
• BSC consensus failures, RPC outages, mempool reorganisations, or bugs in the underlying contract may cause individual transactions to revert, be delayed, or behave unexpectedly.
• Token contracts can be malicious or non-standard (fee-on-transfer, blacklists, rebasing). It is your responsibility to verify each token before using it.
• We do not control, operate, audit, upgrade, or pause the underlying mass-payout contract and disclaim any liability for its behaviour.

6. Acceptable use

You may not:

• Use the Service to send funds in violation of applicable law.
• Probe, scrape, reverse-engineer, or attempt to compromise the Service or our infrastructure beyond what our public APIs and documentation permit.
• Resell, white-label, or proxy the Service without a prior written commercial agreement.
• Submit content (recipient labels, batch descriptions, webhook payloads) that is unlawful, defamatory, or infringing.

We may suspend or terminate access for any user we reasonably believe has breached these Terms, with notice where practicable.

7. Webhooks and third-party endpoints

When you configure a webhook destination, you authorise us to send signed HTTP POSTs to that URL. You are responsible for the security and confidentiality of the URLs and signing secrets you configure, and for the behaviour of any system you point a webhook at.

8. Intellectual property

The Disbursed name, logo, dashboard, API, and all related software are our property or are licensed to us. Your use of the Service does not grant you any rights in them beyond a personal, non-exclusive, revocable licence to use the Service as intended. On-chain content you create (transaction records) remains yours.

9. No warranty

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE". TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIM ALL EXPRESS AND IMPLIED WARRANTIES, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR THAT ANY GIVEN TRANSACTION WILL SETTLE WITHIN ANY PARTICULAR TIME.

10. Limitation of liability

TO THE FULLEST EXTENT PERMITTED BY LAW, OUR AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THE SERVICE WILL NOT EXCEED THE GREATER OF (A) THE TOTAL SERVICE FEES YOU HAVE PAID US IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO LIABILITY, OR (B) USD 100.

IN NO EVENT WILL WE BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF FUNDS DUE TO ERRONEOUS RECIPIENT ADDRESSES, SMART-CONTRACT FAILURES, BLOCKCHAIN OUTAGES, OR THIRD-PARTY ACTIONS.

11. Indemnity

You will defend and indemnify Disbursed from any third-party claim arising out of (a) your use of the Service in breach of these Terms, (b) recipients you have paid through the Service, or (c) your violation of any law.

12. Termination

You may stop using the Service at any time by disconnecting your wallet and, optionally, requesting account deletion as described in the Privacy Policy. We may terminate or suspend access for material breach of these Terms. Sections 5, 8, 9, 10, 11, 13, and 14 survive termination.

13. Changes

We may update these Terms. Material changes will be announced via a dashboard banner. Continued use after the effective date of an update constitutes acceptance.

14. Governing law and disputes

These Terms are governed by the laws of England and Wales, without regard to conflict-of-laws principles. Any dispute will be resolved by binding arbitration seated in London under the LCIA Rules, by a single arbitrator. Either party may seek injunctive relief in a court of competent jurisdiction for misuse of intellectual property or unauthorised access to systems.

15. Contact

• legal@disbursed.io — questions about these Terms
• support@disbursed.io — general Service support