Privacy Policy

Last Updated: January 15, 2025

Introduction

MageLabs ("we," "our," or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our decentralized finance platform and services.

Information We Collect

We may collect the following types of information:

  • Wallet addresses and transaction data on the blockchain
  • Usage data and analytics to improve our services
  • Technical information about your device and browser
  • Communication data when you contact our support team
  • Information you voluntarily provide through our platform

How We Use Your Information

We use the collected information to:

  • Provide and maintain our DeFi services
  • Process transactions and interact with smart contracts
  • Improve platform functionality and user experience
  • Provide customer support and respond to inquiries
  • Comply with legal and regulatory requirements
  • Detect and prevent fraud or security threats

Blockchain Transparency

Please note that blockchain transactions are public and immutable. While we don't collect personal information directly, your wallet address and transaction history on the Solana blockchain are publicly visible to anyone.

Data Sharing and Disclosure

We do not sell, trade, or rent your personal information to third parties. We may share information only in the following circumstances:

  • With your explicit consent
  • To comply with legal obligations or court orders
  • To protect our rights, property, or safety
  • With service providers who assist in platform operations
  • In connection with a merger, acquisition, or sale of assets

Data Security

We implement industry-standard security measures to protect your information, including encryption, secure servers, and regular security audits. However, no method of transmission over the internet is 100% secure.

Cookies and Tracking

We use cookies and similar tracking technologies to enhance your experience, analyze usage patterns, and improve our services. You can control cookie settings through your browser preferences.

Your Rights

Depending on your jurisdiction, you may have the right to:

  • Access and review your personal information
  • Request correction of inaccurate data
  • Request deletion of your personal information
  • Object to processing of your information
  • Data portability and withdrawal of consent

Third-Party Services

Our platform may integrate with third-party services, wallets, and protocols. We are not responsible for the privacy practices of these external services. Please review their privacy policies separately.

Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of any significant changes by posting the new policy on our platform and updating the "Last Updated" date.

Contact Us

If you have any questions about this Privacy Policy or our data practices, please contact us at: [email protected]