Invariant License 1.0

License text copyright © 2022 Akudama GmbH

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Definitions:

‘License’:
Terms and conditions for using, coping, modifying, creating derivative works, redistributing - as defined in this document

‘Licensor’:
Akudama GmbH

‘Licensed Work’:
Invariant Protocol repository
The Licensed Work is © 2022 Akudama GmbH

‘Invariant’:
Automated Market Maker decentralized exchange with concentrated liquidity created by Licensor

‘You’ (or ‘Your’):
An individual or Legal Entity exercising permissions granted by this License

‘Non-commercial’:
Each use of Licensed Work where the monthly number of addresses interacting with the application, across all versions, does not exceed 100 at any time

‘Change Date’: 2025-05-09

‘Change License’: GNU General Public License v2.0 or later

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Terms and conditions

Subject to the License below, You may not (and you may not permit anyone else to) distribute, publish, copy, modify, merge, combine with another program, create derivative works of, reverse engineer, decompile or otherwise attempt to extract the source code of the Licensed Work or any part thereof, except that you may contribute to this repository. All copies of the original and modified Licensed Work, and derivative works of the Licensed Work, including translating the code to different programming languages, are subject to this License.

The Licensor hereby grants You the right to copy, modify, create derivative work and redistribute the License Work solely as a Non-commercial user of the Licensed Work in support of Invariant development.

Effective on the Change Date, the Licensor grants You rights under the terms of the Change License, and the rights granted in the paragraph above terminate.

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All copies of the original and modified Licensed Work, and derivative works of the Licensed Work, are subject to this License. This License applies individually for each version of the Licensed Work and the Change Date may be different for each version of the Licensed Work released by Licensor.

You are obligated to display this License in a prominent position on each original or modified copy of the Licensed Work. The terms and conditions set in the License shall also apply to the Licensed Work You received in the original or modified form from a third party.

Any use of the Licensed Work against the requirements currently in effect as described in the License, has an effect of obligatory purchase of a commercial  license from the Licensor or paying a compensation. The choice of compensation belongs to the Licensor and is based on the scale of breach of the License.

The License does not grant permission to use the trade name, trademark, service mark, logo, product name of the Licensor or its affiliates, except for the means required by the License.

Unless required by applicable law or agreed to in writing, Licensor provides the Licensed Work on an “AS IS” BASIS. LICENSOR HEREBY DISCLAIMS ALL WARRANTIES OR CONDITIONS OF ANY KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING, WITHOUT LIMITATION, ANY WARRANTIES OR CONDITIONS OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE.

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Notice

This License is not an Open Source license. However, the Licensed Work will become available under an Open Source license, as stated above.