Terms of Service
Last updated 2026-05-07. Plain language. Please read.
1. What Sundial is
Sundial is a permissionless Cosmos-naming service deployed on Terra² (phoenix-1). Smart contracts at the addresses listed in the project documentation register human-readable names (e.g.
nova.luna) as on-chain identifiers and resolve them to wallet addresses and arbitrary metadata.2. Your name is yours
When you successfully register a name, you receive a CW721 NFT representing ownership. The NFT lives in your wallet. Neither the operator nor the admin multisig can transfer your name without your signature. The name is yours until it expires + 90 days (grace period).
3. Fees, splits, and locked liquidity
Registration and renewal fees are paid in SOLID. The current automatic split is 45% to the SOLID-USDC pool, 20% to CAPA-LUNA pool, 15% to a Crystal-holder yield pool, and 20% to the operator treasury. Splits and destination addresses can be updated by the admin multisig but cannot retroactively affect names already registered.
4. Crystal-holder yield
Wallets holding both at least one active Sundial name and at least one CAPA Crystal NFT are eligible for pro-rata distributions from the Crystal-Holder Yield Pool. v0.1 distributes monthly via off-chain script; v1.1 will replace this with an on-chain claim contract. Distributions are not guaranteed yields. They are rebates from a service-fee pool, not investment returns.
5. No financial advice
Sundial, including the Solis presentation page and any associated tooling, provides information only. Nothing in this product is investment advice, a recommendation to buy or sell, or a solicitation. You are responsible for your own decisions. Smart contracts are immutable on deploy except via admin actions documented in the timelock policy.
6. Risks you accept
- Smart contracts can have bugs. Sundial has been internally audited but not yet externally audited as of this writing.
- Wallet keys are your responsibility. Loss = loss.
- If the SOLID stablecoin loses peg, registration fees you paid are still permanently zapped — no refunds.
- If you let your name expire and the 90-day grace passes, anyone can register that name from then on.
- Off-chain services (this frontend, the Solis backend, social-link previews) can have downtime. Names and ownership remain on-chain regardless.
7. Reservations
Free reservations at launch are pinned to specific wallets. They expire 30 days after launch if unclaimed. Names not claimed via reservation open to public registration after the window.
8. Operator authority
The operator multisig can:
- Pause new registrations (cannot affect existing names)
- Update destination addresses for the four fee buckets
- Adjust the split ratios with 48h public notice (timelock policy)
- Add or remove pinned reservations
- Set verification badges (KYC-light, trademark, social) when proof is provided
9. Termination
The operator may discontinue the off-chain frontend. Smart contracts continue to function and your name remains yours. You can interact directly with contracts via terrad or any compatible interface.
10. Governing law
As a permissionless on-chain service, Sundial is offered "as-is". To the extent local law applies, disputes are subject to the operator's jurisdiction. The operator entity is identified in the project repository.
By using Sundial you acknowledge having read these terms.