Privacy Policy
Privacy Policy for DePhaser and JPYT Users
Effective Date: September 12, 2024
Introduction
Welcome to DePhaser. Your privacy is important to us, and this Privacy Policy explains how we collect, use, and protect your personal information when you use our platform, particularly in relation to the minting, usage, and redemption of JPYT, a stablecoin pegged to the Japanese Yen.
By using our services, you agree to the collection and use of information in accordance with this policy.
Information We Collect
We collect different types of information to provide and improve our services. This includes:
Personal Information
When you create an account or engage in transactions on our platform, we may collect the following:
Wallet address or public keys associated with your account
Transaction details including the amount of USDT locked in and JPYT minted
Usage Data
We may also collect data on how our service is accessed and used. This may include:
Device information, IP address, and browser type
Usage data, such as pages visited, time spent on the site, and interactions with features
Cookies and Tracking
We use cookies and other tracking technologies to track activity on our platform and store certain information. You can choose to disable cookies through your browser settings, but this may affect your experience with our services.
How We Use Your Information
We use the collected information for the following purposes:
3.1 Service Provision: To provide and maintain our services, including processing transactions, minting JPYT, and managing locked-in USDT.
3.2 Security: To monitor and prevent potential fraudulent activity, ensuring the security of your account and transactions.
3.3 User Support: To communicate with you, respond to inquiries, and provide updates or relevant information about your account.
3.4 Analytics: To analyze how users interact with our platform in order to improve our services and enhance user experience.
Sharing Your Information
We do not sell, trade, or rent your personal information to third parties. However, we may share your information in the following circumstances:
4.1 Legal Compliance: If required by law or legal process, we may share your information to comply with legal obligations, such as court orders or regulatory requirements.
4.2 Service Providers: We may share your data with trusted service providers who assist us in running the platform, but they are bound to maintain the confidentiality and security of your information.
4.3 Business Transfers: In the event of a merger, acquisition, or asset sale, your information may be transferred as part of that transaction, subject to the same privacy protections outlined in this policy.
Data Security
We prioritize the security of your personal information. We implement various security measures, including encryption and secure data storage, to protect your data from unauthorized access, disclosure, or destruction. However, please note that no method of electronic storage or transmission over the internet is 100% secure, and we cannot guarantee absolute security.
Your Rights and Choices
Depending on your location, you may have certain rights regarding your personal information. These rights may include:
6.1 Access: You have the right to request access to the personal data we hold about you.
6.2 Correction: You may request that we correct or update any inaccuracies in your personal data.
6.3 Deletion: You have the right to request the deletion of your personal information, subject to legal or regulatory obligations that may require its retention.
6.4 Opt-Out: If you have subscribed to receive updates or communications, you can opt out at any time by following the unsubscribe instructions included in those communications.
Data Retention
We will retain your personal information only for as long as necessary to provide our services or comply with legal obligations. Once your data is no longer needed, we will securely delete or anonymize it.
Children's Privacy
Our services are not directed to individuals under the age of 18. We do not knowingly collect personal information from minors. If we become aware that we have inadvertently collected information from a child under the age of 18, we will take steps to delete such information.
Changes to This Privacy Policy
We may update this Privacy Policy from time to time. Any changes will be posted on this page, and the effective date at the top will be updated accordingly. We encourage you to review this Privacy Policy periodically to stay informed about how we are protecting your information..
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