Legal notice

This notice applies to the KIMP website, documentation and interface. It should be read together with the Terms of Use, the Privacy Policy and the Restricted Persons policy. If they conflict, the Terms of Use prevail.

Not an offer#

Nothing on this website is an offer to sell, or a solicitation of an offer to buy, any security, derivative, token or other financial instrument in any jurisdiction. $KIMP has not launched. No contract address exists, and no presale or whitelist has been or will be conducted.

No advice#

The documentation describes how the protocol is designed to work. It is not investment, financial, legal, tax or accounting advice. The KIMP contributors are not your advisers and owe you no fiduciary duty. Consult qualified professionals before making any decision.

Nature of the instruments#

Kimp Contracts are weekly, cash-settled instruments referencing the Kimp Index. There is no delivery of any underlying asset. Every position is fully collateralized: margin is posted up front and escrowed by the Kimp Pool, and no unsecured credit is extended. Leverage increases both gains and losses. You can lose all margin posted to a position.

Kimp Contracts may be treated as derivatives in many jurisdictions. Whether you may use them depends on your local law.

Restricted persons#

The interface is not available to restricted persons, including residents and citizens of the United States, persons in comprehensively sanctioned jurisdictions, persons on sanctions lists, and persons for whom cash-settled derivatives are prohibited or require a license. Using a VPN or other means to circumvent restrictions is prohibited. Verified Lane status does not change eligibility. The full definition is in Restricted Persons.

The website and the protocol#

The website is an interface to smart contracts designed for deployment on GIWA. No mainnet contract exists yet. The protocol itself is a set of non-upgradeable contracts that operate permissionlessly. The KIMP contributors do not custody user funds and cannot reverse transactions. The /index page shows an off-chain preview computed from public market data. Only the on-chain KimpIndex value is used for entry, mark and settlement.

No affiliation#

KIMP is an independent protocol. It is not affiliated with, endorsed by, sponsored by or operated by Dunamu, Upbit, the Optimism Foundation, Binance, Coinbase, OKX or any FX data provider. References to these entities are factual descriptions of data sources or infrastructure. All trademarks belong to their respective owners.

Forward-looking statements#

Descriptions of planned features, such as KRW stablecoin collateral or the Upbit Oracle migration, depend on third parties and on governance. They may change or never occur. No dates are promised. The mainnet date is to be announced.

Official information#

Official information is published only in these docs and on X at @KimpGiwa. Any other source claiming to represent KIMP is not official.