DRAFT

This document is a draft pending review by qualified counsel. It is published for transparency and is not yet in force.

Njangi On-Chain — Risk Disclosure

Version 1.0.0 · Effective date: to be announced (draft)

DRAFT — requires review by qualified counsel before publication.

This document is a professional draft prepared for internal review. It is not legal advice.

Know the Risks Before You Join

Please read this carefully. You will be asked to confirm that you have read and understood it. Njangi On-Chain is software that helps your savings group (njangi/tontine) run itself. It is not a bank, and your money is not guaranteed by anyone.

Your money is crypto, and crypto can lose value

  • Contributions are made in crypto assets (stablecoins or SUI), not in CFA francs.
  • Crypto prices can change fast. Even "stablecoins" can lose their fixed value.
  • The value you get out may be worth less than the value you put in.

Payments cannot be undone

  • Blockchain transactions are final. There is no "cancel" button and no chargeback.
  • If you send funds to the wrong place, or someone tricks you into sending funds, no one can reverse it — not Njangi On-Chain, not anyone.

Njangi On-Chain is not a bank — and there is no insurance

  • Your funds are held by a smart contract (a computer program on the Sui blockchain), not by Njangi On-Chain and not by a bank.
  • There is no deposit insurance. No government or company will pay you back if something goes wrong.
  • Njangi On-Chain cannot move, freeze, or recover your funds. This protects you from us — but it also means we cannot "fix" a loss for you.
  • Njangi On-Chain pays no interest and no yield. This is a savings rotation, not an investment.

Software can have bugs

  • Smart contracts are code, and code can contain errors or be attacked.
  • The price information the app uses comes from outside sources ("oracles") that can be wrong or out of date.
  • A serious bug could delay your payout or, in the worst case, lose funds. Use amounts you can afford to lose.

Your circle members are your risk

  • You choose your circle members. Njangi On-Chain does not check them and does not guarantee them.
  • If a member stops contributing, your payout may be late, smaller, or may not happen.
  • A dispute with a member is between you and that member. Njangi On-Chain cannot take funds from anyone to make you whole.
  • Only join circles with people you genuinely trust.

Losing your login can mean losing your wallet

  • Your wallet is connected to your Google, Facebook, or Apple account.
  • If you lose that account, you can lose access to your wallet and your funds.
  • Generate your recovery codes and store them somewhere safe (not only on your phone). Protect your social account with a strong password and two-step verification.

The rules around crypto may change

  • Laws on crypto assets and savings groups are still evolving in Cameroon, the CEMAC region, and elsewhere.
  • New rules could restrict the Service, your ability to buy or sell crypto, or the value of your assets.
  • It is your responsibility to make sure using the Service is legal where you live.

What you are agreeing to

By ticking the box, you confirm that you:

  • understand the risks above and accept them;
  • know that Njangi On-Chain cannot reverse transactions, recover funds, or guarantee circle members;
  • know there is no deposit insurance and no interest;
  • will keep your recovery codes and social account safe;
  • are at least 18 years old.

If anything here is unclear, do not continue. Ask us at {{PRIVACY_CONTACT}} or seek independent advice first.