Privacy Policy

Last Updated: January 2025

1. Introduction

v1ta is a decentralized protocol built on the Solana blockchain. This Privacy Policy describes our practices regarding data collection and use for:

• The v1ta website (docs.v1ta.xyz)
• The v1ta web application
• The v1ta smart contracts on Solana

Important: Blockchain transactions are public and permanent. Once data is recorded on-chain, it cannot be deleted or made private.

2. Information We Collect

2.1 Blockchain Data (Public)

When you interact with the v1ta smart contracts, the following information is publicly recorded on the Solana blockchain:

• Wallet Address: Your public Solana wallet address
• Transaction History: All transactions you submit to the Protocol
• Position Data: Collateral amounts, debt amounts, and position status
• Timestamps: When transactions occurred
• Smart Contract Interactions: All function calls and parameters

This data is:

• Public: Anyone can view it using blockchain explorers
• Permanent: Cannot be deleted or modified
• Pseudonymous: Linked to your wallet address, not your real identity

2.2 Website Usage Data

Our website may collect:

• IP Address: For rate limiting and security
• Browser Information: User agent, browser type, operating system
• Page Views: Which pages you visit and when
• Referral Information: Where you came from (e.g., search engines, social media)
• Device Information: Screen size, device type

This data is collected through:

• Server logs
• Analytics services (if applicable)
• Error tracking services

2.3 Information We Do NOT Collect

We do not collect or have access to:

• Your private keys or seed phrases
• Your password (wallets are self-custodial)
• Your real name, email, or contact information (unless you provide it voluntarily)
• Your location (beyond what can be inferred from IP address)
• Your financial information beyond what's public on-chain

3. How We Use Information

3.1 Blockchain Data

Blockchain data is used to:

• Execute your transactions through smart contracts
• Display your position information in the user interface
• Calculate liquidations and redemptions
• Maintain protocol integrity

This data is processed automatically by smart contracts and cannot be controlled or deleted by v1ta.

3.2 Website Data

Website usage data may be used to:

• Improve the website and user experience
• Monitor for abuse and security threats
• Analyze traffic patterns and popular features
• Debug technical issues
• Comply with legal obligations

4. Information Sharing and Disclosure

4.1 Blockchain Data (Public)

All blockchain data is public and accessible to:

• Anyone with internet access
• Blockchain explorers (e.g., Solscan, Solana Explorer)
• Analytics platforms (e.g., Dune Analytics)
• Other users and developers

4.2 Website Data

We may share website data with:

• Service Providers: Hosting, analytics, and infrastructure providers
• Legal Authorities: If required by law or to protect our rights
• Business Transfers: In the event of a merger, acquisition, or sale of assets

We do not sell your personal information to third parties.

4.3 Third-Party Services

Our website may use third-party services:

• Hosting: Vercel, AWS, or similar
• Analytics: Google Analytics, Plausible, or similar
• RPC Providers: Solana RPC nodes for blockchain access
• CDN: Content delivery networks for performance

These services have their own privacy policies and data handling practices.

5. Wallet Connections

When you connect your Solana wallet (e.g., Phantom, Solflare):

• The connection happens directly between your browser and wallet
• We receive your wallet's public address only
• We cannot access your private keys
• You control what transactions to sign
• You can disconnect at any time

6. Cookies and Tracking

Cookies We Use

• Essential Cookies: Required for the website to function (e.g., wallet connection)
• Analytics Cookies: To understand how the site is used
• Preference Cookies: To remember your settings (e.g., dark mode)

You can disable cookies in your browser settings, but this may affect functionality.

Do Not Track

We respect Do Not Track (DNT) signals when possible, though blockchain data remains public regardless.

7. Third-Party Links

Our website may link to third-party websites and services:

• marginfi
• Drift Protocol
• Pyth Network
• Solana Explorer
• Discord, Twitter/X, GitHub

These third parties have their own privacy policies. We are not responsible for their practices.

8. Data Security

Security Measures

We implement reasonable security measures to protect website data:

• HTTPS encryption for all website traffic
• Secure hosting infrastructure
• Regular security updates
• Access controls for any backend systems

Blockchain Security

For blockchain security:

• Smart contracts are immutable once deployed
• No central party controls user funds
• Users are responsible for their own wallet security

Limitations

Despite our security measures:

• No system is 100% secure
• Blockchain data is public by design
• You are responsible for your wallet security
• Smart contract bugs may exist

9. Data Retention

Blockchain Data

• Stored permanently on the Solana blockchain
• Cannot be deleted or modified
• Accessible forever to anyone

Website Data

• Server logs: Retained for 90 days
• Analytics data: Retained for 24 months
• Error logs: Retained for 90 days

10. Your Rights and Choices

Rights You Have

Depending on your jurisdiction, you may have rights to:

• Access: Request what data we have about you
• Correction: Request correction of inaccurate data
• Deletion: Request deletion of your data (website data only)
• Objection: Object to certain data processing
• Portability: Request a copy of your data

Limitations

These rights do NOT apply to:

• Blockchain data (public and immutable)
• Data required by law
• Data necessary for the Protocol to function

Exercising Your Rights

To exercise your rights:

• Email: privacy@v1ta.xyz
• Response time: Within 30 days

11. Children's Privacy

The Protocol is not intended for anyone under 18 years old. We do not knowingly collect information from children.

If we learn that a child has provided information, we will delete it promptly (except immutable blockchain data).

12. International Users

The Protocol operates globally on the Solana blockchain. Website servers may be located in various jurisdictions.

By using the Protocol, you consent to the transfer and processing of your information in countries that may have different privacy laws than your jurisdiction.

GDPR (European Users)

If you are in the European Economic Area:

• Legal basis for processing: Legitimate interests, contract performance, legal obligations
• Data controller: v1ta Labs (if applicable)
• Data protection officer: privacy@v1ta.xyz (if applicable)
• Right to lodge a complaint with your local supervisory authority

CCPA (California Users)

If you are a California resident:

• Right to know what information is collected
• Right to delete personal information (with exceptions)
• Right to opt-out of sale of personal information (we don't sell data)
• Right to non-discrimination

13. Analytics and Tracking

We may use the following analytics services:

• Google Analytics: Anonymized usage statistics
• Plausible Analytics: Privacy-friendly web analytics
• Error Tracking: Sentry or similar for bug reports

You can opt out of analytics through:

• Browser extensions (e.g., uBlock Origin)
• Do Not Track settings
• Cookie preferences

14. Marketing Communications

We do not send marketing emails unless you explicitly opt in.

If you join our community channels (Discord, Telegram), those platforms' privacy policies apply.

15. Changes to This Privacy Policy

We may update this Privacy Policy at any time. Changes will be posted on this page with an updated "Last Updated" date.

Material changes will be announced through:

• Website banner notification
• Social media announcements
• Community channels

Your continued use after changes constitutes acceptance of the updated policy.

16. Blockchain Transparency

When you use v1ta:

• Your wallet address is visible to everyone
• Your position size and debt are public
• All transactions are permanently recorded
• Blockchain analytics firms can analyze your activity

Privacy Tips:

• Use separate wallets for different purposes
• Consider privacy implications before transacting
• Understand that on-chain activity is permanent

17. Data Breach Notification

In the event of a data breach affecting website data:

• We will notify affected users within 72 hours (if feasible)
• We will report to relevant authorities as required by law
• We will take steps to prevent future breaches

Note: Blockchain data is already public, so blockchain "breaches" are not applicable.

18. Legal Basis for Processing (GDPR)

We process your information based on:

1. Contract Performance: To provide the Protocol services you request
2. Legitimate Interests: To improve and secure our services
3. Legal Obligations: To comply with applicable laws
4. Consent: Where explicitly provided for specific purposes

19. Automated Decision-Making

The smart contracts make automated decisions about:

• Liquidations (based on collateral ratio)
• Redemptions (based on position order)
• Fee calculations

These are algorithmic processes without human intervention. You can request human review of any decision by contacting us.

20. Contact Information

For privacy questions or concerns:

• Email: privacy@v1ta.xyz
• GitHub: v1ta-labs/v1ta-core
• Community: [Discord/Telegram] (if available)

For data subject requests (access, deletion, etc.), please email privacy@v1ta.xyz with:

• Your wallet address (if applicable)
• Your specific request
• Any relevant details

We will respond within 30 days.

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By using the v1ta Protocol, you acknowledge that you have read and understood this Privacy Policy.