🐱 Kitty Fund Disclosure
What is the Kitty Fund?
The PawLend Kitty Fund is an on-chain wallet that receives 50% of all protocol fees generated by the platform. These funds are intended to support cat rescue organizations and initiatives.
Important Legal Disclaimers
⚠️ Not a Registered Charity
The Kitty Fund wallet is not a registered 501(c)(3) charity or any other type of registered charitable organization. Contributions to this wallet are not tax-deductible.
No Guarantee of Charitable Use
While the stated intention is to use these funds for cat rescue efforts, there is no legal obligation or binding agreement requiring the wallet controller to use funds for any specific purpose. The wallet is controlled by a single private key holder.
Voluntary Contribution
By using PawLend protocol, you acknowledge that a portion of protocol fees will be allocated to this wallet. This is an automated smart contract function and is not a charitable donation that you are making directly. You cannot claim any tax deduction related to these fees.
Transparency & Accountability
- All transactions to/from the Kitty Fund wallet are publicly visible on the blockchain
- The wallet address is:
0x... - You can verify all incoming fees and outgoing distributions at any time
- The protocol team may provide periodic reports on fund usage (voluntary, not required)
Your Acknowledgment
By using the PawLend protocol, you acknowledge and agree that:
- You understand the Kitty Fund is not a registered charity
- Contributions are not tax-deductible
- There is no legal guarantee funds will be used for any specific purpose
- You are not making a direct charitable donation
- You have no claim or ownership over funds in the Kitty Fund wallet
- The protocol team has full discretion over fund management
Questions?
If you have questions about the Kitty Fund or how fees are allocated, please reach out to the protocol team through official channels. Do not send funds directly to the Kitty Fund wallet expecting charitable tax benefits.
Last Updated: December 2024
This disclosure may be updated at any time. Continued use of the protocol constitutes acceptance of any changes.