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Last Updated: December 29, 2025
$CANDI TOKENS ARE NOT SECURITIES. The purchase of $CANDI tokens or vesting contracts does not represent:
$CANDI tokens are utility tokens used within The Candidate Protocol ecosystem. You should not expect profits from the efforts of others. Any increase in token value is not guaranteed and depends entirely on market factors outside our control.
If you are seeking an investment opportunity, this is not the right product for you.
Welcome to The Candidate Protocol. These Terms of Service (“Terms”) constitute a legally binding agreement between you and The Candidate, LLC (“Company,” “we,” “us,” or “our”), a Puerto Rico limited liability company, governing your access to and use of The Candidate Protocol, including our website, smart contracts, and all related services (collectively, the “Services”).
BY ACCESSING OR USING OUR SERVICES, YOU AGREE TO BE BOUND BY THESE TERMS. IF YOU DO NOT AGREE TO THESE TERMS, DO NOT USE OUR SERVICES.
$CANDI is a native Solana SPL token with a fixed supply of 1 billion tokens. The mint authority was revoked at creation, meaning no additional tokens can ever be minted. The freeze authority was never set. The Protocol does not mint, burn, or control the total supply of $CANDI. The Protocol can only:
$CANDI tokens are designed for use within The Candidate Protocol ecosystem. They are NOT designed or intended as an investment. We make no representations or warranties about future value, utility, or performance. You acknowledge that:
Vesting contracts purchased through the Protocol grant you the right to receive $CANDI tokens over a 5-year linear vesting schedule. These contracts are:
To use our Services, you must:
Certain activities require identity verification through the Solana Attestation Service (SAS) via our KYC provider (Sumsub). KYC is required for:
KYC verification is a one-time process. Once verified, your attestation enables access to all Protocol features.
Our Services are not available to residents of jurisdictions where they would be prohibited or restricted by law. You are responsible for ensuring your use of the Services complies with all applicable laws in your jurisdiction.
Phase 1 offers 100,000 fixed vesting contracts across 250 pricing tiers (years 1776-2025). Each contract provides:
Contracts are sold sequentially by tier. You cannot select specific tiers; the Protocol assigns the lowest available tier with remaining supply.
Phase 2 begins after Phase 1 sells out. Phase 2 contracts provide 5,000 $CANDI each at 50% discount to the 7-day TWAP (Time-Weighted Average Price). Phase 2 has no fixed supply cap.
50% of all Protocol revenue is allocated to the CCV, which executes automated USDC-to-$CANDI buybacks via Jupiter DCA. The CCV:
USDC ONLY. All transactions within the Protocol are conducted in USDC (USD Coin). We do not accept SOL, other cryptocurrencies, or fiat currency for purchases.
The marketplace enables secondary trading of vesting contracts after Phase 1 completes. Both buyers and sellers must have valid KYC verification.
ALL MARKETPLACE TRANSACTIONS ARE FINAL. NO REFUNDS. Transactions are atomic and on-chain. If a transaction succeeds, ownership has transferred. We are not an escrow service with dispute resolution capabilities.
Private transfers enable direct sales or gifts between two parties:
Purchases include slippage protection. If the seller withdraws vested tokens before your transaction confirms and the remaining amount falls below your minimum, the transaction will revert and your funds will be returned.
Affiliates earn 10% commission on referred purchases. This commission comes from the Company's share (CCV always receives 50%).
To withdraw affiliate earnings, you must:
Each earning has a 2-year forfeiture window from the date earned. If not withdrawn within 2 years, individual earnings forfeit and are distributed 50% to CCV, 50% to Company. Forfeiture clocks run independently for each earning.
US affiliates earning $600 or more per calendar year will receive a 1099-MISC form. You are responsible for reporting all earnings to appropriate tax authorities regardless of whether a form is issued.
Affiliate commissions do NOT apply to marketplace sales. Affiliates are only compensated for primary contract purchases.
You agree NOT to:
By using our Services, you acknowledge and accept the following risks:
TO THE MAXIMUM EXTENT PERMITTED BY LAW:
You agree to indemnify, defend, and hold harmless The Candidate, LLC, its officers, directors, employees, and agents from any claims, liabilities, damages, losses, and expenses (including legal fees) arising from:
These Terms shall be governed by and construed in accordance with the laws of the Commonwealth of Puerto Rico, without regard to its conflict of law principles.
Any dispute arising out of or relating to these Terms or the Services shall be resolved through binding arbitration in San Juan, Puerto Rico, conducted in English in accordance with the rules of the American Arbitration Association. Judgment on the arbitration award may be entered in any court of competent jurisdiction.
YOU AGREE TO RESOLVE ALL DISPUTES ON AN INDIVIDUAL BASIS AND WAIVE YOUR RIGHT TO PARTICIPATE IN ANY CLASS ACTION, CLASS-WIDE ARBITRATION, OR REPRESENTATIVE PROCEEDING.
We reserve the right to modify these Terms at any time. We will provide notice of material changes by updating the “Last Updated” date and, where appropriate, through additional notice on our website. Your continued use of the Services after any modification constitutes your acceptance of the updated Terms.
We may suspend or terminate your access to the Services at any time, with or without cause, with or without notice. Upon termination:
These Terms, together with our Privacy Policy and Disclaimer, constitute the entire agreement between you and the Company regarding the Services.
If any provision of these Terms is found unenforceable, the remaining provisions shall continue in full force and effect.
Our failure to enforce any right or provision shall not constitute a waiver of that right or provision.
You may not assign your rights under these Terms without our prior written consent. We may assign our rights without restriction.
If you have questions about these Terms, please contact us:
The Candidate, LLC
A Puerto Rico Limited Liability Company
Email: legal@thecandidate.com