# Welcome to Valeo {% hint style="info" %} The native $VALEO token is now tradable on Solana. The only official CA is: nn944oFMxsHg9AnEuBHWxtBpGjRX3DRxx86PseuDrPJ {% endhint %} Valeo is a next-generation financial platform that bridges traditional banking with decentralized finance. Built on blockchain technology, Valeo provides users with complete control over their digital assets while delivering the convenience and familiarity of traditional banking services. This document serves as the technical guide for the Valeo ecosystem. It is designed to provide stakeholders, security auditors, and power users with a comprehensive understanding of Valeo’s underlying architecture, security protocols, and operational workflows. ### Quick Links
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#### **Core Value Proposition** Valeo combines three fundamental pillars to deliver a superior financial experience: | Pillar | Description | Benefit | | ---------------------- | ------------------------------------------------------------ | -------------------------------------------------- | | **Self-Custody** | Non-custodial architecture with user-controlled private keys | Complete ownership and control of assets | | **Instant Settlement** | Blockchain-based transactions with real-time finality | No waiting periods or settlement delays | | **Global Access** | Borderless payments and transfers 24/7/365 | Financial services without geographic restrictions | #### **Key Features** **Digital Asset Management** * Multi-currency wallet supporting major cryptocurrencies * Real-time portfolio tracking and performance analytics * Secure self-custody with military-grade encryption **Seamless Payments** * Instant peer-to-peer transfers globally * QR code-based payment system * Transaction history and receipt management **Banking Integration** * Virtual and physical card issuance (coming soon) * Spend crypto anywhere Visa is accepted * Real-time conversion at point of sale #### **How Valeo Differs from Traditional Banking** | Feature | Traditional Banking | Valeo | | ----------------------------- | ------------------------------ | --------------------------------- | | **Account Control** | Bank holds and controls funds | User maintains complete custody | | **Operating Hours** | Limited to business hours | 24/7/365 availability | | **International Transfers** | 2-5 business days, high fees | Instant, minimal network fees | | **Account Opening** | Extensive documentation, weeks | Minutes with email verification | | **Transaction Reversibility** | Yes, with limitations | Immutable blockchain transactions | | **Geographic Restrictions** | Country-specific regulations | Borderless by design | # What is Valeo Valeo is a next-generation financial platform that bridges traditional banking with decentralized finance. Built on blockchain technology, Valeo provides users with complete control over their digital assets while delivering the convenience and familiarity of traditional banking services. #### **Core Value Proposition** Valeo combines three fundamental pillars to deliver a superior financial experience: | Pillar | Description | Benefit | | ---------------------- | ------------------------------------------------------------ | -------------------------------------------------- | | **Self-Custody** | Non-custodial architecture with user-controlled private keys | Complete ownership and control of assets | | **Instant Settlement** | Blockchain-based transactions with real-time finality | No waiting periods or settlement delays | | **Global Access** | Borderless payments and transfers 24/7/365 | Financial services without geographic restrictions | #### **Key Features** **Digital Asset Management** * Multi-currency wallet supporting major cryptocurrencies * Real-time portfolio tracking and performance analytics * Secure self-custody with military-grade encryption **Seamless Payments** * Instant peer-to-peer transfers globally * QR code-based payment system * Transaction history and receipt management **Banking Integration** * Virtual and physical card issuance (coming soon) * Spend crypto anywhere Visa is accepted * Real-time conversion at point of sale #### **How Valeo Differs from Traditional Banking** | Feature | Traditional Banking | Valeo | | ----------------------------- | ------------------------------ | --------------------------------- | | **Account Control** | Bank holds and controls funds | User maintains complete custody | | **Operating Hours** | Limited to business hours | 24/7/365 availability | | **International Transfers** | 2-5 business days, high fees | Instant, minimal network fees | | **Account Opening** | Extensive documentation, weeks | Minutes with email verification | | **Transaction Reversibility** | Yes, with limitations | Immutable blockchain transactions | | **Geographic Restrictions** | Country-specific regulations | Borderless by design | # How Valeo works #### **Technical Architecture** Architecture OverviewValeo uses a client-server architecture with blockchain integration: 1. Client Application (Flutter) * User interface and interactions * Local secure storage for keys * Transaction signing and submission * Real-time balance updates 1. Backend Services (Supabase) * User authentication and management * Username-to-wallet mapping * Push notification delivery * API proxy services 1. Blockchain Layer (Solana) * Transaction execution and settlement * Balance queries * Transaction history retrieval # Strategic Roadmap {% file src="/files/PpTeRx8qteopofVF9RqI" %} # Stratum Whitepaper {% file src="/files/MAlNtBn75hjTJaP0okFG" %} # Quickstart Ready to take control of your finances with Valeo? \ \ This section will guide you through setting up your account, securing it, and making your first transaction. Valeo is designed to be user-friendly – getting started takes only a few minutes and no technical expertise is required. {% content-ref url="/pages/Vmlg9EbYJOGQxJlKmejU" %} [Account Creation](/getting-started/editor/account-creation) {% endcontent-ref %} {% content-ref url="/pages/t47b2VmAKzGzwhvjPyA4" %} [Adding Funds](/getting-started/editor/adding-funds) {% endcontent-ref %} {% content-ref url="/pages/XpxxVFKG5137k0kOJZ0X" %} [Sending Crypto](/getting-started/editor/sending-crypto) {% endcontent-ref %} # Account Creation Install the Valeo app from the official Apple App Store (iOS). *(An Android version will be released in the future; currently Valeo is launching on iOS TestFlight.)* Ensure your device meets the requirements (iOS 13.0 or later, with at least \~150 MB free space for the app). Launch the app once installed.
{% stepper %} {% step %} ### Download the Valeo App Install the Valeo app from the official Apple App Store (iOS). *(An Android version will be released in the future; currently Valeo is launching on iOS TestFlight.)* Ensure your device meets the requirements (iOS 13.0 or later, with at least \~150 MB free space for the app). Launch the app once installed. {% endstep %} {% step %} ### Create an Account (Email Verification) When you open the app, you’ll be prompted to enter your email address and create an account. Valeo uses your email for account recovery and important notifications, so use a valid email that you can access. After entering your email, the app will send a one-time 6-digit verification code to that address. Enter the code to verify your email. This step helps ensure you can recover your account if you ever lose access to your device. *(Valeo never shares your email with third parties and won’t send spam; it’s only used for essential purposes like recovery and security alerts.)* {% endstep %} {% step %} ### Wallet Generation Once your email is verified, Valeo will automatically generate your SPL Solana wallet in-app. This involves creating a public address and a corresponding private key (secured by a 12-word recovery phrase) for you. The wallet generation is instant (a few seconds) and happens locally on your device. At this stage, Valeo does NOT take custody of your keys – they are created client-side, and you’ll be the only one holding them. {% endstep %} {% step %} ### Backup Your Recovery Phrase The app will now display your 12-word recovery phrase (sometimes called a seed phrase). Write down all 12 words in order on paper. Take your time with this step; it’s crucial for your security. After writing it, the app may ask you to confirm a couple of the words to ensure you’ve recorded it correctly. Store this paper in a safe place (as discussed in the Self-Custody section above). Confirm that you have securely stored the phrase before proceeding. *This phrase is your lifeline to recover your wallet if you lose your phone – treat it with extreme care.* {% endstep %} {% step %} ### Enable Biometric Security Next, you’ll be prompted to enable Face ID or Touch ID (depending on your device capabilities) for the Valeo app. Enabling biometrics is highly recommended for convenience and added security. With this enabled, every time you open the app or authorize a transaction, you can use your fingerprint or facial recognition instead of entering a password. (You can also set a PIN as fallback or if you prefer not to use biometrics.) This step takes only a few seconds and greatly improves the user experience and security. {% endstep %} {% step %} ### Ready to Go That’s it – your Valeo wallet is now set up! In summary, you have created an account, verified your email, generated a secure crypto wallet, backed up your keys, and secured the app with biometrics in just a couple of minutes. You should now see the Home screen showing your new wallet’s public address and a $0 balance (since you haven’t added funds yet). You are now ready to add funds and start using Valeo. {% endstep %} {% endstepper %} Throughout the setup, Valeo provides on-screen guidance, and the process is designed to be newbie-friendly. > **Best Practice:** As part of initial setup, Valeo recommends you enable notifications (so you get alerts for incoming funds or unusual login attempts) and perhaps do a test transaction once you add funds. For example, after adding some money, try sending a very small amount to a friend or another of your wallets. This helps you become comfortable with the process and confirms that everything is working as expected. # Adding Funds Before you can make payments, you’ll need to fund your Valeo wallet with cryptocurrency. Valeo currently supports the Solana network, so you will primarily add assets like USDC (USD Coin) – a stablecoin pegged to the US dollar – or SOL (Solana’s native token) to your wallet as a starting point.
\ There are a few ways to add money: {% stepper %} {% step %} ### Receive Crypto from Another Wallet If you already have some crypto in another wallet or exchange, you can send it to your new Valeo wallet. In the Valeo app, tap “Receive”. You will see your Valeo wallet address and a QR code. You can have the sender scan that QR code, or you can copy the address and send it to them. Once they send the funds, the Solana network will confirm the transaction in about a second, and you’ll see the funds show up in your balance. This method is great if you have a friend sending you crypto or you’re transferring from another one of your wallets. Always double-check that the currency you are receiving is supported (e.g., send SOL or Solana-program tokens like USDC/USDT; do **not** send Ethereum or Bitcoin or any other EVM tokens directly to a Solana address, as those are incompatible). {% endstep %} {% step %} ### Buy on an Exchange and Withdraw If you don’t yet own any crypto, you can purchase some USDC or SOL using a reputable cryptocurrency exchange (such as Coinbase, Kraken, Binance, etc.). Once you’ve bought the crypto, withdraw or send it to your Valeo wallet address. On the exchange’s withdrawal page, you’ll paste your Valeo receive address and choose the Solana network (for USDC, be sure to select the SPL/Solana version of USDC). The exchange will then transfer the coins to your Valeo wallet. Typically, exchange withdrawals on Solana take a few seconds to a few minutes depending on the exchange’s processing time. This method effectively uses the exchange as an on-ramp from fiat: you buy crypto with your bank card or account on the exchange, then move the crypto to Valeo. {% endstep %} {% step %} ### Transfer from Another Solana Wallet If you have another wallet app (for example, Phantom or Solflare browser wallets, or a hardware wallet) that holds Solana-based assets, you can send funds from there to Valeo. Since Valeo is compatible with Solana addresses, just initiate a transfer from your other wallet using your Valeo address as the destination. The transaction will usually complete in \~1 second on the network. This is similar to method 1, but specifically if you self-custody elsewhere and want to consolidate funds into Valeo for easier mobile use. {% endstep %} {% endstepper %} No matter which method you choose, always start with a small amount for the first transfer into Valeo. For example, if you intend to add $500 worth of crypto, try sending just $10 first. Confirm it arrives in Valeo successfully, then proceed with the larger transfer. This approach helps avoid any mistakes with addresses or network selection. After funds are added, your Home dashboard in the Valeo app will update to show the new balance in the respective asset (and its equivalent USD value). You can add multiple different assets as needed – Valeo will show each one in your portfolio list. With money in your wallet, you’re all set to make your first payment! # Sending Crypto One of Valeo’s core capabilities is allowing you to send and receive payments easily. Let’s walk through sending your first payment using the Valeo app. (We’ll assume you have some funds, e.g. SOL, in your wallet from the previous step.)
### **Sending Crypto** {% stepper %} {% step %} ### Initiate a Send Open the Valeo app and tap the “Send” button (this might be in the bottom navigation bar with an up-arrow icon, or a prominent button on the home screen for quick actions). This will open the send transaction interface. {% endstep %} {% step %} ### Enter Recipient You have a couple of options here. The easiest is to tap the QR scanner icon and scan the recipient’s QR code from their app – this will automatically capture their wallet address. Alternatively, you can paste the recipient’s address if you have it (addresses you’ve copied to your clipboard might even be auto-detected by the app). Valeo will validate that the address is a proper Solana address format to help prevent errors. {% endstep %} {% step %} ### Select Asset and Amount Choose which cryptocurrency you want to send (e.g. USDC, SOL, etc.) from the list of your available assets. Then enter the amount you wish to send. The app will show your available balance to help you decide. It will also prevent you from entering more than you have (and typically will factor in a tiny extra for network fee). For example, if you want to send $50 USDC, ensure you have at least $50 USDC in your balance and a small amount of SOL to cover the fee (the fee is only fractions of a penny in SOL, but the app will alert you if you lack sufficient SOL for it). {% endstep %} {% step %} ### Review Details After entering the amount, proceed to review. The app will display a summary of the transaction – recipient address (often with a shortened preview like `7xKX...9fY2`), the asset and amount, and the network fee that will be charged. Take a moment to double-check all details on this screen. This is your chance to catch any mistakes (wrong address, wrong amount, etc.) before it’s final. Remember, blockchain transactions can’t be reversed, so ensure everything looks correct. Valeo’s interface might also highlight if the address is one you’ve used before or if it’s unusually new, as an extra safety precaution. {% endstep %} {% step %} ### Approve and Send When you’re satisfied with the details, confirm the transaction. Valeo will prompt you to authenticate – using Face ID / Touch ID or your PIN – to authorize the send. This security step ensures that even if someone had your phone unlocked, they couldn’t send money without biometric/PIN approval. After authentication, Valeo will broadcast the transaction to the Solana network. Within a second or two, the transaction should be picked up and confirmed by the network (you’ll typically see a confirmation status almost immediately, given Solana’s fast block time \~400ms). {% endstep %} {% step %} ### Confirmation and Receipt Once the network confirms the transaction (usually literally in 1 second for Solana), the app will update your balance to reflect the amount sent and subtract any fees. The transaction will appear in your **History** (often under an Activity tab), marked as sent, with details like date, amount, recipient address, fee paid, and status “Success”. You can tap the transaction in history to see more details, and from there you might even copy a transaction ID if you want to view it on a blockchain explorer for your own verification or to share with the recipient as proof. {% endstep %} {% endstepper %} That’s it – you’ve sent your first crypto payment with Valeo! From initiation to final confirmation, the whole process typically takes under 30 seconds, much of that being your own time reviewing details. # Using Valeo day-to-day **Daily Operations Overview** Valeo is designed for seamless daily financial management:
#### **Payment Scenarios** **Scenario 1: Paying a Friend** 1. Friend shows Valeo QR code 2. You scan code with app 3. Amount auto-filled or enter manually 4. Add optional memo 5. Authenticate and send 6. Friend receives instant confirmation **Scenario 2: Receiving Payment for Services** 1. Generate receive QR code 2. Show to client 3. Monitor app for incoming payment 4. Verify amount received 5. Send confirmation/receipt **Scenario 3: Recurring Payments** (Future Feature) * Set up automated payment schedule * Define amount and frequency * Enable with biometric confirmation * Automatic execution on schedule #### **Best Practices for Daily Use** **Security Practices:** 1. Always verify recipient address before sending 2. Start with small test transactions for new contacts 3. Enable biometric authentication for all transactions 4. Regularly review transaction history for unauthorized activity 5. Keep app updated to latest version **Financial Management:** 1. Monitor balance daily 2. Track spending patterns via transaction history 3. Set personal spending limits 4. Maintain reserve for network fees 5. Consider portfolio diversification **Operational Efficiency:** 1. Save frequently used addresses 2. Use QR codes for faster transactions 3. Add memos to categorize expenses 4. Export transaction history monthly 5. Enable push notifications for confirmations # Product thesis and market opportunity Valeo targets the structural gap between (a) crypto wallets optimised for on-chain transfers and dApp access, and (b) consumer “neobank” expectations: fast onboarding, unified views of balances, and simple spend rails. In the Solana ecosystem, wallets are positioned as a gateway to apps and services rather than passive storage, and Solana itself publicly frames wallets as programmable entry points for Web3 experiences. What makes the proposition investable is that Valeo is not attempting to “win on chain” (a hard, protocol-level battle), but rather to win at the mobile product layer where distribution, UX, trust, and compliance become moats: * Activity density: one app consolidates multiple high-frequency actions (top-up, swap, send/receive, scan-to-pay, card management), which increases opportunities for monetisation per active user session. * Payments adjacency: cards and QR-pay flows shift the product from “wallet” to “spending layer”, potentially increasing daily active usage beyond speculative trading cycles (assuming successful issuance partnerships). * Revenue stacking: swaps (basis points take-rate), on-ramp (affiliate share), and cards (fees + interchange) are complementary, enabling blended ARPU rather than single-stream dependence. Competitive landscape (selected incumbents and what they validate): * Phantom positions itself as a self-custodial wallet and has expanded multi-chain support, illustrating that mass-market wallet adoption is a UX and distribution game, not only a technical one. * Solflare explicitly frames itself as self-custody on Solana and includes in-wallet trading/swapping, validating the baseline expectation that a Solana wallet includes exchange paths. * Backpack markets itself as self-custodial and multi-chain, indicating a trend towards bundled “wallet + trading” experiences. * Coinbase describes self-custody wallets as device-key-controlled and distinct from hosted exchange wallets, signalling mainstream regulatory and consumer framing of the custody distinction. Valeo’s stated differentiators relative to wallet incumbents (based on supplied dossier) are: non-custodial + multi-wallet + Solana-native, coupled with embedded neobank primitives (cards and paycodes) and an optional privacy-enhanced channel (“Private Send”). The investor question becomes whether Valeo can (i) ship those primitives with sufficient reliability and compliance, and (ii) capture revenue without undermining conversion through friction (KYC, fees, app store constraints). Go-to-market and growth levers (analytical rationale): * Cards as acquisition + retention hooks: physical/virtual card products can create a “membership” feel and improve retention by adding real-world utility. However, card issuance introduces the highest compliance and operational burden (see risk section). * ValeoPay QR flows: scan-to-pay features can be used to seed network effects in merchant-lite contexts (events, creators, peer-to-peer collections). The growth lever is as much behavioural (habit formation) as technical. * Private Send: privacy features can differentiate and attract niche power users, but also amplify AML/sanctions risk and may restrict distribution in some jurisdictions if not carefully engineered and governed (see risk section). # App Overview In this section, we delve into the Valeo mobile application itself – your command center for managing digital assets with Valeo. The app is designed with a user-friendly interface and a clear navigation structure, making it easy for both newcomers and advanced users to access powerful features. We’ll explore the key parts of the app: your portfolio dashboard, sending/receiving functions, token swap capability, and the settings & notification options.
### **App Overview & Navigation** When you log into Valeo, you’ll land on the Home Screen, which provides a snapshot of your financial situation at a glance. The design focuses on clarity, speed, and precision. Key information and actions are front and center: * **Balance Overview:** The top portion of the home screen shows your total portfolio value in fiat (e.g. USD) and maybe in your primary crypto if applicable. It also might display quick stats like your 24-hour portfolio change. * **Asset List:** Below the total, you’ll see a list of assets held in your wallet (e.g., USDC, SOL, etc.), each with its current balance and equivalent fiat value. For each asset, you might also see a small percentage indicating its share of your portfolio or its 24h change. Tapping on an asset brings you to an Asset Details page, where you can see more in-depth information like price charts and your transaction history for that specific token. * **Quick Actions:** The home screen typically includes buttons for common actions like “Send”, “Receive”, and possibly “Swap”. These are designed for one-tap access to start a transaction or add funds. **The app uses a bottom navigation bar (tabs) for easy movement between main sections:**
* **Home (Dashboard):** Overview of balances and quick actions (described above). * **Activity (Transactions):** A chronological list of all your transactions (sends, receives, swaps) with filtering options. Here you can review past transactions, search or filter by type (e.g., show only “Sent” or only “Swaps”), export transaction history, etc. * **Send:** Shortcut to the Send screen (same as tapping a Send button on Home). Represented by an upward arrow icon. * **Receive:** Shortcut to the Receive screen (could also be integrated with the Home actions). Represented by a downward arrow icon. * **Settings:** Access to configuration and support. Represented by a gear icon. This intuitive layout means you’re usually one tap away from any core function. The interface is kept clean – for instance, advanced options or less-used features are tucked away in sub-menus so as not to overwhelm new users. Consistency in design ensures you quickly learn where to find what you need. # Swapping Tokens Valeo includes a built-in **token swap** feature, allowing you to exchange one cryptocurrency for another directly within the app. This is analogous to having an exchange at your fingertips and is extremely useful for portfolio rebalancing or reacting to market changes. Here’s how it works and why it’s beneficial:
How Swaps Work Suppose you hold SOL and want to convert some of it to USDC (perhaps to reduce exposure to market volatility or to have a stablecoin balance). Valeo’s swap interface would let you select the input asset (SOL) and the output asset (USDC), enter an amount, and then perform the swap. Behind the scenes, Valeo taps into a Solana decentralized exchange (DEX) or liquidity pool (such as Serum or Orca) to get the best rate. The swap executes as a single transaction on the Solana blockchain: SOL is debited from your wallet and USDC credited, all in one go. In your history, this will show up as a **“Swap”** type transaction (e.g., “Swapped SOL→USDC”)
Instant and Low-Cost Just like sends, swaps on Solana confirm in seconds. You don’t have to deposit into an exchange or wait for confirmations back and forth. The network fee for a swap is slightly higher than a simple send but still typically just fractions of a cent or a few cents at most. There may also be a very small trading fee or slippage depending on the DEX, but Valeo will likely factor that into the quoted rate you see. In practice, it’s extremely cost-efficient to swap common tokens on Solana thanks to its high throughput and low fees.
No Custodial Risk or Hassle With Valeo’s in-app swapping, you remain in control of your funds the entire time. You don’t have to send your tokens to a separate exchange service and trust it. The swap is non-custodial – executed via smart contract – and your new tokens arrive directly in your wallet. This eliminates risks like exchange hacks or withdrawal limits, and it’s all done within the friendly UI of Valeo.
Use Cases You might use swapping to: * Convert received payments into your preferred stable asset. For example, if someone pays you in SOL but you prefer holding dollars, swap SOL to USDC. * Diversify or rebalance your portfolio (e.g., if SOL has grown to 80% of your holdings, you might swap some to other assets to maintain a desired allocation). * Acquire tokens for specific uses (maybe you need a different token to participate in a DeFi app; you can swap directly instead of acquiring elsewhere). * Take profit or hedge: If a certain crypto has gone up in value, you might swap some of it to a stablecoin to lock in gains or reduce risk.
Investor Perspective The inclusion of a swap feature makes the Valeo app a more comprehensive financial tool. Users are more likely to keep their activity within the app (driving engagement) rather than using external exchanges. It also provides a revenue opportunity if Valeo charges a tiny spread or affiliate fee on swaps (though even if it doesn’t, it greatly enhances user experience).
# Notifications & Settings Valeo places a strong emphasis on security and awareness, which is where notifications come in:
Push Notifications * You will receive push notifications for important events, especially incoming and outgoing transactions. For example, the moment you receive funds, a notification will pop up stating “You received 50.00 USDC” (with perhaps the sender info) so you’re immediately aware. Similarly, after you send a payment, you get a confirmation notification. Notifications also cover other events like if someone logs into your account on a new device (as a security alert), or general account alerts. * Valeo might also use notifications for price alerts or portfolio milestones if you opt-in – e.g., “Your portfolio is up 5% today” or “SOL price has dropped 10% since yesterday”. These can typically be configured. * In iOS, Valeo may take advantage of critical alerts for security (ensuring you get them even if Do Not Disturb is on), but it will not spam you with marketing. You have control over what notifications to receive via the app settings.
Settings The Settings section (accessed via the gear icon tab) is where you can configure your app and find support: * **Security Settings:** Here you can manage your app lock (enable/disable biometric login, change your PIN), view your recovery phrase (this is usually hidden behind multiple authentication steps for safety), and maybe set up 2FA for account recovery. You might also toggle settings like transaction signing approval (some advanced users might turn off the biometric prompt for every small transaction and rely on device lock – not recommended for most). * **Preferences:** Choose your display currency (USD, EUR, etc.), toggle between light/dark mode, set language if multilingual, and control notification preferences (which types of alerts you want). * **Support & About:** You’ll find links to FAQ, contact support (perhaps in-app chat or an email hotline if you need help), as well as legal documents (Terms of Service, Privacy Policy which you agreed to on sign-up) in case you need to review them. The app likely also shows the current app version and maybe an option to clear cache or reset the app (useful only in certain troubleshooting scenarios). * **Card Management:** Once Valeo Cards are available, a subsection in Settings or a separate “Cards” tab will allow you to manage your linked debit card, see card balance (if separate), lock the card, view PIN, and so on. (For now, card features are forthcoming.)
Data and Privacy In Settings -> Privacy (or in the privacy policy), Valeo likely reiterates what data is or isn’t collected. As mentioned, Valeo’s design is privacy-first: it only collects your email by default, and basic device info for security. Your transaction data on-chain is public, but Valeo does not collect, for example, your personal identity or link your transactions to you beyond what is needed for providing the service. If you opt to use a Valeo Card, you will go through a KYC process (providing legal name, ID, etc.) as required by the card issuer and regulations, but that information is handled with bank-level security and only used for compliance purposes. **Updates:** The Settings area will also notify you if there’s an update available. Being on the latest version ensures you have the newest features and security patches. On TestFlight (for beta), updates may be frequent as new features like Cards are rolled out.
# Litepaper Read the $UAID Litepaper {% file src="/files/mh6UKD3su8OfZbhY9xaV" %} # General Information * **Network:** Solana Mainnet * **Token Standard:** SPL Token (Solana Program Library) * **Launch mechanism:** pump.fun * **Contract Address (CA):** `nn944oFMxsHg9AnEuBHWxtBpGjRX3DRxx86PseuDrPJ` #### # Utility Direction $VALEO is positioned as an ecosystem token intended to support Valeo’s long-term network effects. The underlying product is not a meme-only project; it is a Solana-native consumer application with real wallet functionality and a growing user base. The token is expected to play a role in: * ecosystem alignment * future incentives * long-term platform participation * Cashback for card programs * Unlock in-app features However, Valeo’s business model is not dependent on token speculation. The core product can generate revenue from payments, card products, and services regardless of token price action. This is important for long-term sustainability: tokens can enhance a platform, but the platform should not require token hype to survive. # Disclaimer & Volatility #### 5.1 Volatility & Liquidity Risk As a newly launched Solana token, particularly one launched via pump.fun, $VALEO can experience significant volatility. Liquidity depth may be limited in early phases. This means: * large buys/sells can move price materially * spreads can be wide * price discovery may be unstable #### 5.2 Concentration Risk Early-stage token launches often have concentration risks due to: * early buyers accumulating supply * bot activity * sniping strategies * uneven distribution Investors should assume the early distribution may not be ideal until the market stabilizes and the token matures. #### 5.3 Smart Contract & Infrastructure Risk Even though SPL tokens are standardized, risks still exist: * incorrect mint configuration (mint authority, freeze authority) * compromised wallets holding allocations * ecosystem-wide Solana congestion risks * third-party dependency risks (DEX infrastructure, RPC providers) # Cards Overview #### **Card Product Suite** Valeo Cards bridge cryptocurrency and traditional payment infrastructure, enabling users to spend digital assets anywhere Visa is accepted.
**Card Types:** | Card Name | Form | Availability | Features | | --------------- | ------------- | ------------ | --------------------------------------------------------------- | | **Valeo One** | Virtual Card | Q1 2026 | Instant issuance, online payments, subscription management | | **Valeo Mille** | Physical Card | Q1 2026 | Most exclusive crypto card, limited to 1,000 pieces, VIP perks. | #### **How Valeo Cards Work** **Transaction Flow:** ``` 1. Card Presented at Merchant (Physical/Virtual) ↓ 2. Merchant Requests Authorization (Visa Network) ↓ 3. Valeo Receives Authorization Request ↓ 4. Real-Time Crypto → Fiat Conversion ↓ 5. Balance Check & Fraud Detection ↓ 6. Authorization Approved/Declined ↓ 7. Crypto Debited from User Wallet ↓ 8. Fiat Settled to Merchant (T+1/T+2) ↓ 9. Transaction Appears in App Instantly ``` **Conversion Mechanism:** | Step | Process | Time | Example | | ---------------- | ------------------------ | --------- | --------------- | | Merchant charges | USD amount | Instant | $50.00 purchase | | Spot rate check | Crypto/USD pair | <100ms | 1 USDC = $1.00 | | Crypto debit | Wallet balance reduction | <1 second | -50 USDC | | Fiat settlement | Merchant receives USD | 1-2 days | $50.00 credited | #### **Supported Currencies** **Spending Currencies:** | Asset | Conversion | Fees | Supported | | ------------ | ------------------- | ---- | ----------- | | USDC | 1:1 to USD | 0% | ✓ Primary | | SOL | Real-time spot rate | 0.5% | ✓ | | USDT | 1:1 to USD | 0% | ✓ | | Other tokens | Via auto-swap | 1% | Coming soon | # Valeo One Price: 25 USDC/one-time fee **Valeo One** is the standard Valeo card, designed for everyday use with a focus on simplicity, speed, and control. It gives you instant access to payments while keeping the experience lightweight and flexible. Valeo One is ideal for users who want to spend online, manage subscriptions, and make daily payments without friction, directly connected to the Valeo app. The card is issued digitally and can be used immediately after setup. All activity is visible in real time inside the app, including transactions, notifications, and card controls. Valeo One follows Valeo’s non-custodial principles: Valeo does not hold user funds, and you remain in control of your assets at all times. #### Key features * Instant virtual card issuance * Online payments and subscriptions * Real-time notifications * Card controls directly in the app #### Valeo One — Overview | Feature | Valeo One | | --------------- | ------------------------------------------------- | | Card type | Virtual | | Availability | Instant | | Use cases | Online payments, subscriptions, everyday spending | | Card management | In-app controls | | Notifications | Real-time | | Custody model | Non-custodial | | Target user | Everyday use | # Valeo Mille Price: 250 USDC/one-time fee Valeo Mille is the worldwide most exclusive crypto card offering.\ \ The name *Mille* comes from Latin and means one thousand, a direct reference to its strictly limited production. Only 1,000 Valeo Mille cards will ever be issued worldwide. Each card is individually engraved with its unique number, marking its place in the series. Valeo Mille is crafted from metal and designed for users who value long-term quality, ownership, and thoughtful exclusivity. Despite its premium positioning, the card is built for real-world use, from everyday payments to travel and larger purchases. In addition to core card functionality, Valeo Mille includes curated benefits, such as airport lounge access and selected partner privileges. #### Key characteristics * Individually engraved metal card * Limited to **1,000** cards worldwide * Premium benefits and access * Designed for everyday spending #### Valeo Mille — Overview | Feature | Valeo Mille | | --------------- | ------------------------------------------- | | Card type | Physical (metal) | | Production | Limited to 1,000 cards | | Engraving | Individual card number | | Use cases | Everyday spending, travel, premium payments | | Benefits | Airport lounge access, curated perks | | Card management | In-app controls | | Custody model | Non-custodial | | Positioning | Exclusive / limited edition | # FAQ
What is Valeo? Valeo is a self-custody cryptocurrency wallet built on the Solana blockchain. It allows you to send, receive, and manage digital assets like USDC and SOL with complete control over your funds. Unlike traditional banks or exchanges, Valeo never holds your cryptocurrency—you maintain full ownership through your private keys. **Key features:** * Instant global transactions (settle in \~1 second) * Self-custody design (you own your assets) * Passwordless login with email verification * Biometric security (Face ID/Touch ID) * No account fees or monthly charges * 24/7 availability
Is Valeo safe? How are my funds protected? Yes. Valeo uses multiple layers of security: **Your funds are protected by:** * **Self-custody architecture**: You hold your private keys, not Valeo. We cannot access, freeze, or seize your funds. * **Device-level encryption**: Private keys are stored in your device's Secure Enclave and never leave your phone. * **Biometric authentication**: Face ID/Touch ID required for all transactions. * **Recovery phrase backup**: 12-word phrase enables wallet restoration if device is lost. * **Blockchain security**: Solana's proof-of-stake network with 1,900+ validators. **What you must protect:** * Your 12-word recovery phrase (write it down, store offline) * Your device access (strong passcode, Face ID enabled) * Your email account (used for verification) **Important**: Because Valeo is non-custodial, if you lose your recovery phrase, your funds are permanently inaccessible. Valeo cannot recover lost phrases.
Will I need to verify my identity to get a Valeo card? Yes. When Valeo cards launch, you'll need to complete KYC (Know Your Customer) verification to comply with financial regulations. **What you'll need to provide:** * Full legal name and date of birth * Residential address with proof (utility bill or bank statement) * Government-issued photo ID (passport, driver's license, or national ID) * Selfie for identity verification **Why KYC is required:** Card issuance is a regulated financial service. Unlike the current Valeo wallet (which is non-custodial and doesn't require KYC), cards interface with traditional banking systems and payment networks like Visa. This means we're legally required to verify your identity to prevent fraud, money laundering, and comply with financial regulations. **Privacy note:** Your KYC information is encrypted and stored securely. We only collect what's legally required and never sell your personal data. Your cryptocurrency transactions remain pseudonymous on the blockchain—KYC only applies to card services. The entire verification process takes about 5-10 minutes, and most applications are approved within 24-48 hours.
How will crypto-to-fiat conversion work when I use my Valeo card? When you make a purchase with your Valeo card, your cryptocurrency is automatically converted to USD (or local currency) in real-time at the point of sale. **The process happens instantly:** You swipe your card at a store for $50 → Valeo checks your crypto balance → Converts $50 worth of USDC to USD at current market rate → Merchant receives $50 USD → Your USDC balance decreases by $50 (plus small conversion fee if applicable) → Transaction appears in your app immediately. **Conversion fees:** * USDC/USDT to USD: 0% (since they're already pegged 1:1 to the dollar) * SOL or other crypto to USD: 0.5-1% conversion fee * No hidden markups or spreads **Which crypto gets used first:** You'll be able to set your payment priority. By default, stablecoins (USDC/USDT) are used first since they have zero conversion fees. If you don't have enough stablecoins, the card will automatically convert from your other holdings like SOL. The exchange rate is locked at the moment you swipe, so there's no price volatility risk during the transaction. What you see is what you pay.
What's the difference between Valeo and Coinbase/Binance? | Feature | Valeo | Coinbase/Binance | | --------------------- | ---------------------------- | --------------------------------------- | | **Custody** | Self-custody (you hold keys) | Custodial (they hold your crypto) | | **Ownership** | You own assets on blockchain | You have IOU from exchange | | **Account Control** | Only you can access funds | Exchange can freeze account | | **KYC Required** | No (for current features) | Yes, extensive verification | | **Withdrawal Limits** | None | Daily/monthly limits | | **Transaction Speed** | \~1 second | Minutes to hours | | **Fees** | Network fees only (\~$0.001) | Trading fees (0.5-2%) + withdrawal fees | | **Trading** | Basic swap feature | Full trading platform | | **Fiat On/Off Ramp** | Not yet (coming soon) | Yes, buy/sell with bank | **When to use Valeo:** * You want full control of your crypto * You make peer-to-peer payments * You value privacy and self-sovereignty * You understand self-custody responsibility **When to use an exchange:** * You need to buy crypto with USD/EUR * You actively trade cryptocurrencies * You prefer customer support recovery options
How do I get my first cryptocurrency into Valeo? There are three main ways: **Method 1: Receive from a friend** (Easiest) 1. Tap "Receive" in Valeo 2. Show your QR code to friend 3. They scan and send USDC or SOL 4. Funds arrive in \~1 second **Method 2: Transfer from an exchange** 1. Buy USDC or SOL on Coinbase, Kraken, or Binance 2. In Valeo, tap "Receive" and copy your address 3. Withdraw from exchange to your Valeo address 4. Wait for exchange processing (1-10 minutes) 5. Funds appear in Valeo **Method 3: Transfer from another wallet** 1. Copy your Valeo wallet address 2. Send USDC or SOL from MetaMask, Phantom, or other Solana wallet 3. Confirm on Solana network 4. Funds arrive in \~1 second **Important:** * Make sure you're sending Solana-based tokens (USDC on Solana, not Ethereum) * Test with a small amount first ($5-10) * Save the transaction ID for tracking **Need fiat on-ramp?** Direct bank purchases are coming in Q2 2026. For now, use an exchange to convert USD → crypto, then transfer to Valeo.
What happens if I lose my phone? Your funds are safe as long as you have your 12-word recovery phrase. **Immediate steps:** 1. Install Valeo on a new device (or use Find My iPhone to locate device) 2. Tap "Restore Wallet" 3. Enter your 12-word recovery phrase in order 4. Your wallet, balance, and transaction history restore completely 5. Set up Face ID on new device **What gets restored:** * ✓ Your wallet address * ✓ All cryptocurrency balances * ✓ Transaction history (from blockchain) * ✓ Access to your funds **What doesn't restore:** * ✗ App settings and preferences * ✗ Saved contacts (coming soon) * ✗ Face ID (must re-enroll on new device) **If you also lost your recovery phrase:** Unfortunately, your funds are **permanently inaccessible**. This is the nature of self-custody—no one can recover lost keys, including Valeo. This is why we emphasize: * Write down your recovery phrase during setup * Store it in multiple secure physical locations * Never store it digitally (photos, cloud, email) * Verify your backup works
What are network fees and why do I have to pay them? Network fees (also called "gas fees") are small payments to Solana blockchain validators who process and confirm your transactions. **Key facts:** * **Typical cost**: $0.001 to $0.002 per transaction * **Paid to**: Solana network validators (not Valeo) * **Paid in**: SOL (Solana's native token) * **Purpose**: Prevent spam, compensate validators * **Required**: Yes, even if transaction fails **Fee breakdown:** | Transaction Type | Typical Fee | Fee in SOL | | ------------------ | ----------- | ------------ | | Send USDC | \~$0.001 | 0.000005 SOL | | Receive USDC | Free | 0 SOL | | Swap tokens | \~$0.002 | 0.00001 SOL | | Failed transaction | \~$0.001 | 0.000005 SOL | **Why so cheap?** Solana is one of the fastest and cheapest blockchains: * 65,000+ transactions per second capacity * Sub-second confirmation times * Minimal network congestion * Efficient proof-of-stake consensus **Compare to other networks:** * Bitcoin: $1-50 per transaction * Ethereum: $5-100 per transaction * Solana: $0.001 per transaction ✓ **Important**: You must have a small amount of SOL in your wallet to pay fees. If you only have USDC, you'll need to swap a small amount (\~$1) to SOL for transaction fees.
Can I reverse a transaction if I sent to the wrong address? **No. Blockchain transactions are irreversible once confirmed.** This is a fundamental feature of cryptocurrency, not a limitation of Valeo. Once a transaction is broadcast and confirmed on the Solana blockchain, it cannot be: * Cancelled * Reversed * Refunded by Valeo * Undone by anyone **Why transactions are irreversible:** * Blockchain provides immutability and finality * No central authority to reverse transactions * Prevents double-spending and fraud * Ensures trustless system **What you can do:** **Before sending:** 1. ✓ Verify recipient address (first 6 and last 4 characters) 2. ✓ Send small test amount first to new addresses 3. ✓ Double-check amount and decimal point 4. ✓ Take your time—transactions are instant but final **If you sent to wrong address:** 1. Contact the recipient if you know them 2. Request they return the funds voluntarily 3. If sent to your own old wallet, restore with recovery phrase 4. If sent to invalid address, funds may be lost permanently **Protection features in Valeo:** * Address format validation (catches typos) * Confirmation screen before sending * Biometric authentication requirement * Clear transaction summary **Recovery not possible for:** * Wrong address (funds go to that address permanently) * Incorrect amount (transaction executes as sent) * Wrong blockchain (e.g., sent to Bitcoin address)
# Terms & Conditions Last updated: January 3rd, 2026 Welcome to Valeo One. These Terms of Service ("Terms") govern your access to and use of the Valeo One mobile application ("App"), owned and operated by Valeo One ("Valeo," "we," "our," or "us"). By downloading, installing, or using the App, you agree to be bound by these Terms. If you do not agree to these Terms, do not use the App. ### 1. Acceptance of Terms By creating an account or using the App, you represent that: * You are at least 18 years old (or the age of majority in your jurisdiction) * You have the legal capacity to enter into these Terms * You are not prohibited by law from using cryptocurrency services * All information you provide is accurate, current, and complete ### 2. Description of Service Valeo One is a non-custodial cryptocurrency wallet application that enables users to: * Create and manage self-custody wallets on the Solana blockchain * Send, receive, and manage cryptocurrency assets * Track portfolio balances and transaction history * Access cryptocurrency market data and pricing information **Important:** Valeo One is a self-custody (non-custodial) wallet. We do not hold, control, or have access to your cryptocurrency, private keys, or funds. You are solely responsible for maintaining the security of your wallet and private keys. ### 3. Account Registration and Security #### 3.1 Account Creation To use the App, you must create an account by providing a valid email address and completing the verification process. You agree to: * Provide accurate and complete information during registration * Maintain and update your account information as needed * Keep your account credentials and wallet recovery phrase secure and confidential * Notify us immediately of any unauthorized access to your account #### 3.2 Account Security You are solely responsible for: * Maintaining the confidentiality of your account credentials * Safeguarding your wallet recovery phrase (seed phrase) * All activities that occur under your account * Any losses resulting from unauthorized use of your account **Critical Security Warning:** If you lose your wallet recovery phrase, we cannot recover it for you. Your recovery phrase is the only way to restore access to your funds. Store it securely offline and never share it with anyone. ### 4. Wallet and Private Keys #### 4.1 Self-Custody Valeo One is a non-custodial wallet service. This means: * You retain complete control of your cryptocurrency and private keys * We never have access to or control over your funds * We cannot reverse, cancel, or refund transactions * We cannot recover lost private keys or recovery phrases * You bear all responsibility for the security of your assets #### 4.2 Recovery Phrase When you create a wallet, you will be provided with a recovery phrase (seed phrase). You acknowledge that: * Your recovery phrase is the only way to restore access to your wallet * We do not store your recovery phrase and cannot recover it if lost * Anyone with access to your recovery phrase can control your funds * You are solely responsible for backing up and securing your recovery phrase ### 5. Transactions #### 5.1 Blockchain Transactions All cryptocurrency transactions made through the App are conducted on the Solana blockchain. You understand and agree that: * Blockchain transactions are irreversible once confirmed * We do not control the Solana network and cannot reverse transactions * Transaction fees (gas fees) are determined by the blockchain network, not by us * Transaction times depend on network congestion and are outside our control * You are responsible for ensuring transaction details (addresses, amounts) are correct #### 5.2 Transaction Fees Blockchain network fees (gas fees) are required for processing transactions. These fees: * Are paid to blockchain validators, not to Valeo * Vary based on network conditions * Are non-refundable, even if a transaction fails ### 6. Prohibited Activities You agree not to use the App for any unlawful or prohibited purposes, including but not limited to: * Money laundering, terrorist financing, or other illegal financial activities * Fraud, hacking, or unauthorized access to systems or accounts * Violating any applicable laws, regulations, or third-party rights * Transmitting malware, viruses, or other harmful code * Impersonating any person or entity or misrepresenting your affiliation * Using the App in any jurisdiction where it is prohibited * Attempting to manipulate or disrupt the App's functionality * Using automated tools or bots without authorization ### 7. Intellectual Property All content, features, and functionality of the App, including but not limited to text, graphics, logos, icons, images, and software, are the exclusive property of Valeo One and are protected by copyright, trademark, and other intellectual property laws. You are granted a limited, non-exclusive, non-transferable license to use the App for personal, non-commercial purposes. You may not: * Copy, modify, distribute, or create derivative works of the App * Reverse engineer, decompile, or disassemble the App * Remove or alter any copyright, trademark, or proprietary notices * Use the App for commercial purposes without our written permission ### 8. Third-Party Services The App may integrate with or provide access to third-party services, including: * Cryptocurrency exchanges and swap services * Price data providers * Blockchain explorers and network services We do not control these third-party services and are not responsible for their content, functionality, or practices. Your use of third-party services is subject to their own terms and conditions. ### 9. Disclaimers and Limitations of Liability #### 9.1 No Financial Advice Valeo One is a technology platform and does not provide financial, investment, tax, or legal advice. We do not recommend or endorse any particular cryptocurrency or investment strategy. You should consult with qualified professionals before making financial decisions. #### 9.2 No Warranties THE APP IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO: * Warranties of merchantability or fitness for a particular purpose * Warranties that the App will be uninterrupted, error-free, or secure * Warranties regarding the accuracy, reliability, or completeness of information #### 9.3 Cryptocurrency Risks You acknowledge and accept the risks associated with cryptocurrency, including: * Extreme price volatility and potential total loss of value * Regulatory uncertainty and potential legal changes * Technical risks including smart contract vulnerabilities * Cybersecurity risks including hacking and theft * Irreversibility of transactions and inability to recover lost funds * Network congestion, delays, and failed transactions #### 9.4 Limitation of Liability TO THE MAXIMUM EXTENT PERMITTED BY LAW, VALEO ONE AND ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AND AGENTS SHALL NOT BE LIABLE FOR: * Any indirect, incidental, special, consequential, or punitive damages * Loss of profits, revenue, data, or cryptocurrency assets * Damages arising from your use or inability to use the App * Damages arising from unauthorized access to your account or wallet * Damages arising from blockchain network failures or third-party services * Damages arising from loss of private keys or recovery phrases IN NO EVENT SHALL OUR TOTAL LIABILITY EXCEED THE AMOUNT OF FEES (IF ANY) YOU PAID TO US IN THE SIX (6) MONTHS PRECEDING THE EVENT GIVING RISE TO LIABILITY. ### 10. Indemnification You agree to indemnify, defend, and hold harmless Valeo One and its affiliates, officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses (including legal fees) arising from: * Your use or misuse of the App * Your violation of these Terms * Your violation of any laws or third-party rights * Your cryptocurrency transactions and activities * Unauthorized use of your account or wallet ### 11. Privacy Our collection and use of personal information is governed by our [Privacy Policy](https://valeo.one/privacy), which is incorporated into these Terms by reference. By using the App, you consent to our privacy practices as described in the Privacy Policy. ### 12. Modifications to the Service and Terms #### 12.1 Service Modifications We reserve the right to modify, suspend, or discontinue the App (or any part thereof) at any time, with or without notice. We shall not be liable to you or any third party for any modification, suspension, or discontinuation of the App. #### 12.2 Terms Modifications We may update these Terms from time to time. We will notify you of material changes by: * Posting the updated Terms in the App * Updating the "Last Updated" date * Sending a notification through the App or via email Your continued use of the App after such changes constitutes your acceptance of the modified Terms. If you do not agree to the modified Terms, you must stop using the App. ### 13. Account Termination #### 13.1 Termination by You You may terminate your account at any time by ceasing to use the App. Before terminating, ensure you have: * Backed up your wallet recovery phrase * Transferred any cryptocurrency you wish to retain to another wallet * Completed or cancelled any pending transactions #### 13.2 Termination by Us We reserve the right to suspend or terminate your account if we believe you have: * Violated these Terms * Engaged in fraudulent or illegal activities * Compromised the security or integrity of the App * Created multiple accounts to abuse the service We are not liable for any damages resulting from account termination. Because we are non-custodial, your cryptocurrency remains accessible through your recovery phrase even if your account is terminated. ### 14. Dispute Resolution and Arbitration #### 14.1 Informal Resolution If you have a dispute with us, you agree to first contact us at to attempt to resolve the dispute informally. #### 14.2 Binding Arbitration If we cannot resolve a dispute informally, any dispute arising out of or relating to these Terms or the App shall be resolved through binding arbitration, except where prohibited by law. Arbitration will be conducted in accordance with the rules of a mutually agreed-upon arbitration service. #### 14.3 Class Action Waiver YOU AGREE THAT DISPUTES WILL BE RESOLVED ON AN INDIVIDUAL BASIS ONLY, AND NOT AS A CLASS ACTION, CONSOLIDATED ACTION, OR REPRESENTATIVE ACTION. ### 15. Governing Law and Jurisdiction These Terms shall be governed by and construed in accordance with the laws of \[Your Jurisdiction], without regard to its conflict of law provisions. You agree to submit to the personal and exclusive jurisdiction of the courts located in \[Your Jurisdiction]. ### 16. Regulatory Compliance #### 16.1 AML/KYC Compliance We are committed to preventing money laundering and terrorist financing. As our services expand (e.g., adding card issuance), we may require additional information from you to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. This may include: * Government-issued identification * Proof of address * Source of funds verification #### 16.2 Geographic Restrictions The App may not be available in all jurisdictions. You are responsible for ensuring that your use of the App complies with all applicable laws in your jurisdiction. ### 17. Severability If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect. The invalid or unenforceable provision shall be replaced with a valid and enforceable provision that most closely reflects the intent of the original provision. ### 18. Entire Agreement These Terms, together with our Privacy Policy and any other legal notices or agreements published in the App, constitute the entire agreement between you and Valeo One regarding your use of the App and supersede all prior agreements and understandings. ### 19. No Waiver Our failure to enforce any right or provision of these Terms shall not be deemed a waiver of such right or provision. No waiver of any term shall be deemed a further or continuing waiver of such term or any other term. ### 20. Assignment You may not assign or transfer these Terms or your account without our prior written consent. We may assign or transfer these Terms or any rights or obligations hereunder without restriction. ### 21. Force Majeure We shall not be liable for any failure or delay in performance due to circumstances beyond our reasonable control, including but not limited to acts of God, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, pandemics, network infrastructure failures, strikes, or shortages of transportation facilities, fuel, energy, labor, or materials. ### 22. Contact Information If you have any questions about these Terms, please contact us at: **Email:** \ **Legal:** \ **Website:** [valeo.one](https://valeo.one/) # Privacy Policy Last Updated: January 2025 ### 1. Introduction Valeo ("we," "our," or "us") is a self-custody cryptocurrency wallet application built on the Solana blockchain. This Privacy Policy explains how we collect, use, store, and protect your information when you use the Valeo mobile application (the "App").By using Valeo, you agree to the collection and use of information in accordance with this policy. ### 2. Information We Collect #### 2.1 Account Information * Email Address: Collected when you create an account using email authentication * Authentication Data: When you sign in with Google Sign-In or Sign in with Apple, we receive basic profile information (name, email) as provided by these services * Username: If you choose to create a custom username for payments (e.g., @username), this is stored and publicly searchable #### 2.2 Wallet Information * Public Wallet Addresses: Your Solana wallet public addresses are stored to enable transactions and balance queries * Private Keys and Seed Phrases: Stored locally on your device only, using iOS Keychain (hardware-backed encryption). We never have access to your private keys or seed phrases * Transaction History: Stored locally on your device for your convenience #### 2.3 Device Information * Device Tokens: Push notification tokens (FCM tokens) to send you transaction notifications * Device Platform: iOS device information for service optimization #### 2.4 Usage Information * App Usage Data: Local preferences, settings, and transaction history stored on your device * Blockchain Data: Public blockchain data (transactions, balances) accessed from the Solana network ### 3. How We Use Your Information We use the information we collect to: * Provide wallet services and enable cryptocurrency transactions * Authenticate your identity and secure your account * Send push notifications about transactions and account activity * Enable username-based payments (@username feature) * Provide customer support and respond to inquiries * Improve app functionality and user experience * Comply with legal obligations ### 4. Data Storage and Security #### 4.1 Local Storage (Your Device) * Private Keys and Seed Phrases: Stored exclusively on your device using iOS Keychain with hardware-backed encryption * Transaction History: Stored locally in an encrypted database on your device * User Preferences: Stored locally on your device Important: Your private keys and seed phrases are never transmitted to our servers or any third party. You maintain full control and custody of your cryptocurrency assets. #### 4.2 Cloud Storage (Our Servers) * Account Information: Email, username, and wallet addresses stored in Supabase (our backend service provider) * Device Tokens: Push notification tokens stored in Supabase for notification delivery * Authentication Data: Managed by Supabase Auth ### 5. Third-Party Services Valeo integrates with the following third-party services: #### 5.1 Authentication Services * Supabase Auth: User authentication and account management * Google Sign-In: Optional authentication method (Google Privacy Policy applies) * Sign in with Apple: Optional authentication method (Apple Privacy Policy applies) #### 5.2 Blockchain Services * Helius: Blockchain data provider for transaction history and token balances (public blockchain data only) * Jupiter Aggregator: Token swap service provider (you interact directly with Jupiter for swaps) #### 5.3 Price Data Services * Binance API: Cryptocurrency price data * CoinGecko: Cryptocurrency price and chart data * Jupiter Price API: Solana token price data #### 5.4 Notification Services * Firebase Cloud Messaging (FCM): Push notification delivery service (Google Privacy Policy applies) #### 5.5 Infrastructure * Supabase: Backend-as-a-Service provider for database and authentication (Supabase Privacy Policy applies) Note: These services have their own privacy policies. We encourage you to review them. ### 6. Permissions We Request #### 6.1 Camera Access * Purpose: To scan QR codes for cryptocurrency transactions * Usage: Only when you actively use the QR code scanner feature * Storage: We do not store camera images or video #### 6.2 Biometric Authentication (Face ID/Touch ID) * Purpose: To securely unlock your wallet and authorize transactions * Usage: Biometric data is processed locally on your device and never transmitted to our servers * Storage: Biometric data is stored in iOS Secure Enclave (Apple's secure hardware) #### 6.3 Push Notifications * Purpose: To notify you of transaction confirmations and account activity * Control: You can disable push notifications in your device settings at any time ### 7. Blockchain Transparency Important: All transactions on the Solana blockchain are public and permanent. When you send or receive cryptocurrency: * Transaction details (amounts, wallet addresses, timestamps) are recorded on the public blockchain * This information is publicly accessible and cannot be deleted * We cannot control or modify blockchain data ### 8. Data Sharing and Disclosure We do not sell your personal information. We may share your information only in the following circumstances: * Service Providers: With third-party service providers (Supabase, Firebase) who assist in operating the App, subject to confidentiality agreements * Legal Requirements: When required by law, court order, or government regulation * Protection of Rights: To protect our rights, privacy, safety, or property, or that of our users * Business Transfers: In connection with a merger, acquisition, or sale of assets (with notice to users) ### 9. Your Rights and Choices You have the right to: * Access: Request access to your personal information * Correction: Update or correct your account information through the App * Deletion: Delete your account and associated data (note: blockchain transactions cannot be deleted) * Opt-Out: Disable push notifications in device settings * Export: Export your transaction history (stored locally on your device) To exercise these rights, contact us at: \[Your Support Email] ### 10. Data Retention * Account Data: Retained while your account is active * Local Data: Stored on your device until you delete the App or clear app data * Blockchain Data: Permanent and immutable (cannot be deleted) * Device Tokens: Removed when you delete your account or disable notifications ### 11. Children's Privacy Valeo is not intended for users under the age of 18. We do not knowingly collect personal information from children. If you believe we have collected information from a child, please contact us immediately. ### 12. International Data Transfers Your information may be transferred to and processed in countries other than your country of residence. These countries may have data protection laws that differ from those in your country. By using Valeo, you consent to the transfer of your information to these countries. ### 13. Security Measures We implement industry-standard security measures to protect your information: * Encryption: Private keys encrypted using iOS Keychain with hardware-backed security * Secure Storage: Sensitive data stored locally with device-level encryption * Authentication: Multi-factor authentication options (Face ID, PIN) * Network Security: All API communications use HTTPS/TLS encryption However: No method of transmission or storage is 100% secure. You are responsible for: * Keeping your device secure * Not sharing your seed phrase or private keys * Using strong device passcodes * Enabling biometric authentication ### 14. Changes to This Privacy Policy We may update this Privacy Policy from time to time. We will notify you of any changes by: * Posting the new Privacy Policy in the App * Updating the "Last Updated" date * Sending you a notification (if significant changes) Your continued use of Valeo after changes become effective constitutes acceptance of the updated policy. ### 15. Self-Custody Disclaimer Valeo is a self-custody wallet. This means: * You control your private keys: We never have access to your funds * You are responsible: For securing your device, seed phrase, and private keys * No account recovery: If you lose your seed phrase, we cannot recover your wallet or funds * No insurance: Cryptocurrency transactions are irreversible and not insured ### 16. Contact Us If you have questions about this Privacy Policy or our data practices, please contact us:\ Email: \ Website: [www.valeocash.com](http://www.valeocash.com) # Disclaimers Last updated: January 3rd, 2026 ### **Important Notice** Please read this disclaimer carefully before using Valeo One ("Valeo," "the App," "our service"). By accessing or using Valeo, you acknowledge that you have read, understood, and agree to be bound by this disclaimer. *** ### **Not Financial Advice** Valeo is a technology platform that provides cryptocurrency wallet and transaction services. **We do not provide financial, investment, tax, or legal advice.** **You acknowledge that:** * No content in the App, documentation, or communications constitutes financial advice * We do not recommend or endorse any specific cryptocurrency or investment strategy * All investment decisions are your sole responsibility * You should consult qualified financial, tax, and legal professionals before making financial decisions * Past performance of cryptocurrencies is not indicative of future results Valeo is not a registered investment advisor, broker-dealer, or financial institution. We do not offer investment management, portfolio advice, or financial planning services. *** ### **Cryptocurrency Risks** Cryptocurrency involves substantial risk and is not suitable for everyone. **You may lose some or all of your invested capital.** #### **Market Risks** **Extreme Volatility:** Cryptocurrency prices can fluctuate dramatically within short periods. Assets can lose 50% or more of their value in days or hours. Even stablecoins designed to maintain value can experience depegging events. **Total Loss:** Cryptocurrencies can become worthless. Projects can fail, networks can be compromised, and tokens can lose all value permanently. Never invest more than you can afford to lose completely. **No Guarantees:** There are no guarantees of returns, price stability, or value retention. Market predictions are speculative and often wrong. #### **Technical Risks** **Irreversible Transactions:** Blockchain transactions cannot be reversed, cancelled, or refunded. If you send cryptocurrency to the wrong address, it is permanently lost. **Smart Contract Risk:** Decentralized protocols and smart contracts may contain bugs, vulnerabilities, or exploits that could result in loss of funds. **Network Failures:** Blockchain networks can experience downtime, congestion, forks, or consensus failures that may impact transaction processing or asset accessibility. **Wallet Security:** If you lose your recovery phrase or private keys, your cryptocurrency is permanently inaccessible. No one, including Valeo, can recover lost keys. #### **Regulatory Risks** **Legal Uncertainty:** Cryptocurrency regulations vary by jurisdiction and are rapidly evolving. Future regulations may restrict, prohibit, or tax cryptocurrency activities in ways that negatively impact value or accessibility. **Compliance Changes:** Regulatory changes may require us to modify services, restrict access in certain regions, or implement additional verification requirements. **Tax Obligations:** You are responsible for determining and paying any applicable taxes on cryptocurrency transactions. Tax treatment varies by jurisdiction and transaction type. #### **Operational Risks** **Service Interruptions:** The App may experience downtime, maintenance periods, or technical issues that temporarily prevent access to your wallet or transaction services. **Third-Party Dependencies:** Valeo relies on third-party services including blockchain networks, price data providers, and infrastructure providers. Failures by these parties may impact our services. **Cybersecurity Threats:** Despite security measures, cryptocurrency services face ongoing threats from hackers, phishing attacks, malware, and other cyber threats. *** ### **Self-Custody Responsibilities** Valeo is a **non-custodial wallet service**. This means you have complete control and responsibility for your cryptocurrency. #### **You Are Solely Responsible For:** **Private Key Security:** * Safeguarding your 12-word recovery phrase * Protecting your device and account credentials * Maintaining secure backups of your wallet * Never sharing your recovery phrase with anyone **Transaction Verification:** * Confirming recipient addresses before sending * Verifying transaction amounts and fees * Understanding that transactions cannot be reversed * Accepting the risk of sending to wrong addresses **Asset Management:** * Monitoring your wallet balance and activity * Understanding the cryptocurrencies you hold * Assessing the risks of each asset * Making informed decisions about transactions **Account Recovery:** * Creating and securing recovery phrase backups * Testing wallet restoration procedures * Understanding that Valeo cannot recover lost keys * Accepting that lost recovery phrases mean permanent loss of access #### **Valeo Cannot and Will Not:** * Recover lost recovery phrases or private keys * Reverse, cancel, or refund blockchain transactions * Restore access to wallets without recovery phrases * Assume liability for your security practices * Protect you from sending to wrong addresses * Guarantee the value or safety of your assets * Provide insurance or compensation for losses *** ### **No Guarantees or Warranties** **THE APP IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT ANY WARRANTIES OF ANY KIND.** #### **We Do Not Guarantee:** **Service Availability:** * Uninterrupted access to the App or blockchain networks * Freedom from bugs, errors, or technical issues * Compatibility with all devices or operating systems * Continuance of current features or functionality **Transaction Processing:** * Successful completion of all transactions * Specific transaction confirmation times * Network fee amounts or stability * Prevention of all fraudulent activities **Data Accuracy:** * Accuracy of displayed prices, balances, or market data * Real-time synchronization with blockchain state * Completeness of transaction history * Precision of currency conversions **Security:** * Absolute protection against all cyber threats * Prevention of all unauthorized access attempts * Detection of all malicious activities * Immunity from software vulnerabilities *** ### **Limitation of Liability** **TO THE MAXIMUM EXTENT PERMITTED BY LAW, VALEO AND ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AND AGENTS SHALL NOT BE LIABLE FOR ANY DAMAGES ARISING FROM:** #### **Direct Damages:** * Loss of cryptocurrency or digital assets * Loss of access to your wallet or accounts * Failed or incorrect transactions * Service interruptions or downtime #### **Indirect Damages:** * Lost profits or investment opportunities * Market losses or price volatility * Business interruption or lost revenue * Damage to reputation or goodwill #### **Consequential Damages:** * Loss of data or information * Costs of alternative services * Legal fees or regulatory penalties * Emotional distress or inconvenience #### **Third-Party Actions:** * Blockchain network failures or attacks * Exchange or service provider issues * Regulatory actions or legal changes * Hacking, theft, or fraud by third parties **IN NO EVENT SHALL VALEO'S TOTAL LIABILITY EXCEED THE FEES (IF ANY) YOU PAID TO VALEO IN THE SIX (6) MONTHS PRECEDING THE EVENT GIVING RISE TO LIABILITY.** *** ### **Regulatory Status** #### **Not a Financial Institution** Valeo is not a: * Bank or credit union * Registered investment advisor * Broker-dealer or securities firm * Money transmitter (in jurisdictions where registration is not required for non-custodial services) * Insurance provider #### **No Deposit Insurance** **Cryptocurrency held in Valeo is NOT:** * FDIC insured (Federal Deposit Insurance Corporation) * SIPC protected (Securities Investor Protection Corporation) * Covered by any government deposit insurance program * Protected by traditional banking regulations * Guaranteed or backed by any entity If Valeo ceases operations, your cryptocurrency remains accessible via your recovery phrase, but no government insurance protects the value of your holdings. #### **Geographic Restrictions** Valeo may not be available in all jurisdictions. **It is your responsibility to ensure your use of Valeo complies with all applicable laws in your location.** We reserve the right to restrict or deny service to users in specific countries or regions based on regulatory requirements or business decisions. *** ### **Prohibited Uses** You agree not to use Valeo for: **Illegal Activities:** * Money laundering or terrorist financing * Fraud, theft, or deceptive practices * Purchasing illegal goods or services * Evading taxes or reporting requirements * Violating sanctions or embargoes **Prohibited Transactions:** * Transactions involving proceeds of crime * Gambling or betting in restricted jurisdictions * Purchases of controlled substances * Weapons or ammunition (where prohibited) * Any activity violating local, state, or federal law **Service Abuse:** * Attempting to manipulate or exploit the App * Creating multiple accounts to circumvent restrictions * Using automated tools without authorization * Interfering with other users' access * Reverse engineering or decompiling the App Violation of these restrictions may result in account termination, reporting to law enforcement, and legal action. *** ### **Third-Party Services** Valeo integrates with third-party services including: * Solana blockchain network * Price data and market information providers * Authentication and infrastructure services * Future partners for cards and additional features **We are not responsible for:** * Performance or availability of third-party services * Accuracy of third-party data or information * Security practices of third-party providers * Changes to third-party terms or pricing * Actions or omissions of third parties Your use of third-party services is subject to their own terms, conditions, and privacy policies. *** ### **Forward-Looking Statements** Documentation, marketing materials, and communications may contain forward-looking statements about: * Future features or product roadmap * Planned card issuance timelines * Expected service expansions * Anticipated functionality improvements **These statements are not guarantees.** Actual results may differ materially due to: * Technical challenges or delays * Regulatory obstacles or changes * Market conditions or business decisions * Third-party dependencies or failures * Resource constraints or priorities We reserve the right to modify, delay, or cancel planned features without notice or liability. *** ### **Beta Features and Experimental Services** Some Valeo features may be designated as "beta," "experimental," or "early access." These features: * May contain bugs or errors * Could change or be discontinued without notice * Might not perform as expected * Are provided for testing and feedback purposes * Come with additional risks Use beta features at your own risk. We recommend limiting exposure and using caution with experimental functionality. *** ### **Age Restrictions** Valeo is intended for users aged **18 years or older** (or the age of majority in your jurisdiction). By using Valeo, you represent that you meet the minimum age requirement. We do not knowingly collect information from or provide services to minors. If we discover underage use, we will terminate the account immediately. *** ### **No Endorsement** Reference to any cryptocurrency, project, protocol, or service does not constitute an endorsement, recommendation, or guarantee of safety, legitimacy, or value. We provide access to various cryptocurrencies as a technology service, not as investment advice or quality certification. *** ### **Modifications to Services** We reserve the right to: * Modify, suspend, or discontinue any feature or service * Change fees, limits, or terms at any time * Update the App or require software updates * Restrict access in certain jurisdictions * Terminate services with or without notice Continued use after changes constitutes acceptance of modifications. *** ### **Intellectual Property** All Valeo trademarks, logos, and content are our property. Unauthorized use is prohibited. Nothing in these terms grants you any intellectual property rights. *** ### **Entire Disclaimer** This disclaimer should be read in conjunction with our: * Terms of Service (valeo.one/terms) * Privacy Policy (valeo.one/privacy) * Any additional legal notices provided in the App In case of conflicts, the most restrictive interpretation applies to maximize legal protection. *** ### **No Waiver** Our failure to enforce any provision of this disclaimer does not constitute a waiver of that provision or any other provision. *** ### **Severability** If any provision of this disclaimer is found invalid or unenforceable, the remaining provisions remain in full effect. *** ### **Your Acknowledgment** **BY USING VALEO, YOU ACKNOWLEDGE THAT:** 1. You have read and understood this disclaimer 2. You accept all risks associated with cryptocurrency 3. You are solely responsible for your wallet and assets 4. You understand transactions are irreversible 5. You will not hold Valeo liable for losses 6. You comply with all applicable laws 7. You are of legal age to use the service 8. You have consulted professionals as needed 9. You understand Valeo provides no guarantees 10. You accept these terms as legally binding *** ### **Contact for Legal Inquiries** For questions about this disclaimer or legal matters: **Email:** \ **Website:** valeo.one/legal\ **Address:** \[Your Legal Entity Address] **For general support:** # Official Socials
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