How we collect, use, and protect your information on the DefiLend platform.
DefiLend ("we," "us," "our") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our website, mobile application, and related services (collectively, the "Services").
Please read this Privacy Policy carefully. By accessing or using our Services, you acknowledge that you have read, understood, and agree to the practices described in this policy. If you do not agree with our policies and practices, please do not use our Services.
Important: As a decentralized finance platform, DefiLend operates differently from traditional financial services. Much of the data related to transactions is stored on public blockchains and is inherently transparent. This Privacy Policy explains how we handle both on-chain and off-chain data.
We collect several types of information from and about users of our Services, including:
We use cookies and similar tracking technologies to collect and use information about you. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent. However, if you do not accept cookies, you may not be able to use some portions of our Services.
We use the information we collect for various purposes, including to:
Our proprietary wallet credit scoring system analyzes your on-chain wallet history to determine creditworthiness for zero-collateral loans. This analysis includes transaction patterns, historical activity, and other on-chain data points. The resulting credit score is used solely for the purpose of determining loan eligibility and terms within our platform.
We may share your information in the following circumstances:
We may share your information with third-party vendors, service providers, contractors, or agents who perform services for us or on our behalf and require access to such information to do that work.
We may share or transfer your information in connection with, or during negotiations of, any merger, sale of company assets, financing, or acquisition of all or a portion of our business to another company.
We may disclose your information if we believe it is necessary to:
We may share your information with your consent or at your direction.
Please be aware that blockchain data, including wallet addresses and transaction history, is publicly available by the very nature of blockchain technology. While we do not "share" this information (as it is already public), we do analyze and process this data as part of our Services.
We retain your information for as long as necessary to fulfill the purposes outlined in this Privacy Policy, unless a longer retention period is required or permitted by law, or as needed to resolve disputes and enforce our agreements.
On-chain data is permanently stored on the blockchain and cannot be deleted by us or any single entity due to the immutable nature of blockchain technology.
We have implemented appropriate technical and organizational security measures designed to protect your information from accidental loss and from unauthorized access, use, alteration, and disclosure. However, no method of transmission over the Internet or method of electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your information, we cannot guarantee its absolute security.
We maintain security practices including, but not limited to:
Depending on your location, you may have certain rights regarding your personal information:
| Right | Description |
|---|---|
| Access | You may request access to the personal information we have about you. |
| Correction | You may request that we correct inaccurate or incomplete information. |
| Deletion | You may request that we delete personal information we hold about you, subject to certain exceptions. |
| Data Portability | You may request a copy of your personal information in a structured, machine-readable format. |
| Restriction | You may request that we restrict the processing of your personal information under certain circumstances. |
| Objection | You may object to our processing of your personal information under certain circumstances. |
To exercise these rights, please contact us using the information provided in the "Contact Us" section.
Important Limitation: Please note that due to the immutable nature of blockchain technology, we cannot delete or modify any information stored on the blockchain, including wallet addresses and transaction history. These limitations apply even when you exercise your data protection rights.
We are a global company and may transfer your information to, and process it in, countries other than the country you reside in. These countries may have data protection laws different from those in your country.
If we transfer your information to other countries, we will take appropriate safeguards to ensure that your information remains protected in accordance with this Privacy Policy and applicable laws. These safeguards may include implementing standard contractual clauses approved by relevant regulatory authorities.
Our Services are not intended for children under the age of 18. We do not knowingly collect personal information from children. If we learn we have collected or received personal information from a child without verification of parental consent, we will delete that information.
Our Services may contain links to third-party websites, services, or applications that are not operated by us. This Privacy Policy does not apply to such third-party services. We recommend reviewing the privacy policies of any third-party services you access through our Services.
We may update this Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page and updating the "Last Updated" date. You are advised to review this Privacy Policy periodically for any changes.
If we make material changes to this policy, we will notify you through a notice on our website or via email before the changes become effective.
If you have any questions about this Privacy Policy, please contact us at: