Terms of Service

Effective Date: February 17, 2026  |  Last Updated: February 17, 2026

1. Acceptance of Terms

By accessing or using the BlocLend platform at bloclend.io (the "Platform"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, do not access or use the Platform. BlocLend reserves the right to modify these Terms at any time. Continued use of the Platform following any changes constitutes acceptance of those changes.

2. Platform Description

BlocLend operates a two-sided marketplace platform that connects cryptocurrency holders seeking liquidity ("Borrowers") with accredited capital providers seeking yield ("Lenders"). The Platform provides technology infrastructure, user interfaces, and communication tools to facilitate lending transactions between these independent parties.

BlocLend's role is limited to the following:

• Providing the technology platform and marketplace infrastructure
• Displaying loan requests, terms, and lender offerings
• Facilitating communication between Borrowers and Lenders
• Processing platform fees and subscription charges
• Coordinating escrow and collateral custody through third-party providers

BlocLend does NOT:

• Make, fund, originate, or guarantee any loans
• Act as a lender, co-lender, or guarantor in any transaction
• Hold, custody, or control user funds or cryptocurrency (custody is handled by third-party providers)
• Provide investment advice, financial advice, tax advice, or legal advice
• Guarantee any returns, yields, or investment outcomes
• Assume liability for borrower defaults, lender losses, or market fluctuations

3. Eligibility

All Users: You must be at least 18 years of age and have the legal capacity to enter into binding agreements. You must provide accurate, current, and complete information during registration.

Lenders: Access to the lending side of the Platform is restricted to accredited investors as defined under the U.S. Securities and Exchange Commission Rule 501 of Regulation D. By registering as a Lender, you represent and warrant that you meet one or more of the following criteria:

• Individual annual income exceeding $200,000 (or $300,000 jointly with a spouse) in each of the two most recent years, with a reasonable expectation of reaching the same income level in the current year
• Individual net worth, or joint net worth with a spouse, exceeding $1,000,000, excluding the value of your primary residence
• Hold in good standing a Series 7, Series 65, or Series 82 license

BlocLend reserves the right to verify accredited investor status and to deny or revoke Platform access at its sole discretion.

4. Loan Terms and Parameters

All loans facilitated through the Platform are subject to the following parameters, which may be adjusted by BlocLend from time to time:

• Minimum Loan Amount: $25,000 USD
• Maximum Loan-to-Value (LTV) Ratio: 50%
• Accepted Collateral: Bitcoin (BTC) and Ethereum (ETH)
• Loan Terms: 30 to 365 days
• Interest Rates: 12% to 15% annually (Borrower rate)
• Default Grace Period: 3 days after the loan due date

These parameters define the operating framework of the Platform. Individual loan terms are agreed upon directly between Borrowers and Lenders. BlocLend is not a party to any loan agreement.

5. Collateral, Escrow, and Default

Borrower cryptocurrency collateral is locked in escrow through third-party custody providers upon execution of a loan agreement. BlocLend does not directly hold or control collateral assets.

Collateral Monitoring: The Platform monitors collateral values in real time. If the value of collateral falls below specified thresholds, Borrowers will receive automated alerts and may be required to post additional collateral.

Default and Liquidation: If a Borrower fails to repay the loan by the due date and the 3-day grace period expires without resolution, the collateral will be liquidated. Liquidation proceeds are distributed to the Lender to satisfy the outstanding loan balance. Any excess proceeds are returned to the Borrower. BlocLend is not liable for any losses resulting from collateral liquidation, market volatility, or borrower default.

6. Platform Fees

BlocLend earns revenue through:

• Interest Rate Spread: The difference between Borrower interest rates and Lender returns (3% to 6%)
• Lender Subscription Fees: Monthly subscription charges for enhanced Platform access (Free, Silver, or Gold tiers)

All applicable fees are disclosed prior to any transaction. BlocLend reserves the right to modify its fee structure with reasonable notice to users.

7. Borrower-Lender Relationship

Borrowers and Lenders acknowledge that:

• Lending and borrowing cryptocurrency involves substantial risk, including the potential loss of the entire investment or collateral
• Cryptocurrency values are highly volatile and can decline rapidly
• BlocLend makes no representations regarding the creditworthiness of any Borrower or the reliability of any Lender
• Each party should seek independent legal, financial, and tax advice before entering into any transaction

8. KYC/AML Compliance

BlocLend is committed to compliance with applicable Know Your Customer (KYC) and Anti-Money Laundering (AML) laws and regulations. All users may be required to provide identification documents and undergo identity verification. BlocLend reserves the right to refuse, suspend, or terminate any account if it suspects fraudulent activity, money laundering, terrorist financing, or any violation of applicable laws.

9. Prohibited Activities

You agree not to:

• Use the Platform for any unlawful purpose or in violation of any applicable law or regulation
• Provide false, misleading, or inaccurate information
• Attempt to manipulate, interfere with, or compromise the security or integrity of the Platform
• Use the Platform to launder money, finance terrorism, or engage in any form of financial crime
• Access the Platform from jurisdictions where such access is prohibited by law
• Create multiple accounts or misrepresent your identity or accreditation status
• Engage in any activity that could damage, disable, or impair the Platform

10. Risk Disclosures

You acknowledge and accept the following risks:

• Market Risk: Cryptocurrency values are volatile and may decline significantly, affecting collateral values and loan economics
• Liquidation Risk: Borrower collateral may be liquidated if values fall below required thresholds
• Default Risk: Borrowers may fail to repay loans, resulting in losses for Lenders
• Technology Risk: Smart contracts, blockchain networks, and custody solutions may contain vulnerabilities or experience failures
• Regulatory Risk: Changes in laws or regulations may affect the availability or legality of Platform services
• Counterparty Risk: Third-party service providers (custody, escrow, KYC) may fail or be compromised
• No Insurance: Deposits, loans, and collateral on the Platform are not insured by the FDIC, SIPC, or any government agency

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, BLOCLEND LLC, ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, AND AFFILIATES SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM:

• YOUR USE OF OR INABILITY TO USE THE PLATFORM
• ANY LOAN TRANSACTION, DEFAULT, OR LIQUIDATION
• UNAUTHORIZED ACCESS TO OR ALTERATION OF YOUR DATA
• STATEMENTS OR CONDUCT OF ANY THIRD PARTY ON THE PLATFORM
• MARKET FLUCTUATIONS IN CRYPTOCURRENCY VALUES
• ANY OTHER MATTER RELATING TO THE PLATFORM

IN NO EVENT SHALL BLOCLEND'S TOTAL LIABILITY EXCEED THE AMOUNT OF FEES PAID BY YOU TO BLOCLEND IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM.

12. Indemnification

You agree to indemnify, defend, and hold harmless BlocLend LLC, its officers, directors, employees, and agents from and against any claims, damages, obligations, losses, liabilities, costs, or expenses (including reasonable attorneys' fees) arising from your use of the Platform, your violation of these Terms, or your violation of any applicable law or the rights of any third party.

13. Intellectual Property

All content, features, and functionality of the Platform — including but not limited to text, graphics, logos, icons, software, and the BlocLend name and brand — are the exclusive property of BlocLend LLC and are protected by applicable intellectual property laws. You may not reproduce, distribute, modify, or create derivative works without prior written consent.

14. Account Termination

BlocLend reserves the right to suspend or terminate your account at any time, with or without cause, and with or without notice. Upon termination, your right to use the Platform immediately ceases. Any outstanding loan obligations between Borrowers and Lenders survive account termination.

15. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of the State of Georgia, without regard to its conflict of law provisions. Any disputes arising from or relating to these Terms or the Platform shall be resolved through binding arbitration in Atlanta, Georgia, in accordance with the rules of the American Arbitration Association. You waive any right to a jury trial or to participate in a class action.

16. Severability

If any provision of these Terms is found to be unenforceable or invalid, that provision shall be limited or eliminated to the minimum extent necessary so that these Terms shall otherwise remain in full force and effect.

17. Entire Agreement

These Terms, together with any applicable loan agreements between Borrowers and Lenders, constitute the entire agreement between you and BlocLend regarding your use of the Platform. These Terms supersede all prior agreements, representations, and understandings.

18. Contact

For questions about these Terms of Service, contact us at:

BlocLend LLC
Email: hello@bloclend.io