General terms and conditions

1. Preamble

2. Definition of the FLX token

3. Eligibility

• Be at least 18 years old.
• Have legal capacity in their country of residence.
• Have successfully completed the "KYC" or "Know Your Customer" identity verification procedure, i.e., the process of identifying and verifying fund holders and their origins, required by FFL SA, which adheres to Swiss legal provisions, including the Anti-Money Laundering Act (AML) of October 10, 1997.
• Not be on an international sanctions list or be a resident of restricted countries.
• Not act on behalf of third parties without express authorization.

4. Token Sale and Release Schedule

4.1 Presale period

4.2 Sale period

4.3 Availability on Exchange Platforms

4.4 Geographical distribution methods

• The distribution of the FRANC LIBRE X – FLX token is carried out by the Slovak company AKKER S.R.O, holder of an exclusive distribution contract for the European Union, having its registered office at Hrachová 16B, 821 05 Bratislava-Ružinov and having a so-called VASP (“Virtual Asset Service Provider”) license duly registered and authorized to carry out transactions in accordance with the provisions of Regulation (EU) 2023/1114, known as “Markets in Crypto-Assets” (MiCA) applicable from June 29, 2023.

• The distribution of the FRANC LIBRE – FLX token is ensured by FFL SA, member by right no. 4319 of the Association Romande des Intermédiaires Financiers (ARIF) under the supervision of FINMA.

• The LE FRANC LIBRE X – FLX token is distributed exclusively on the platform https://www.lefranclibre.ch.
• No other means of distribution or dissemination are currently authorized.

4.5 Presale and Sales Token Volume

• 1% of the total issuance (i.e., 10,000,000 FLX) is allocated to the presale.
• 25 million FLX will be released immediately.
• 25 million FLX will be subject to linear release (known as "vesting") over a period of 12 months.

4.6 Cancellation of the pre-sale campaign and refund of orders

• Full refund of amounts for all customers who paid by interbank transfer,
• 100% full refund of amounts for all customers who paid by cash,
• 96.5% payment of amounts for all customers who paid by bank card, taking into account the banking platform fees set at 3.5%.

5. FLX Token Features

• Payment for goods and services from companies belonging to FFL SA.
• Payment for goods and services from companies that have joined the FFL SA ecosystem by signing these general terms and conditions of sale or any other agreement, contract, or document establishing a commercial partnership with FFL SA.
• Access to digital content and services from digital platforms belonging to FFL SA.
• Transfers between users using the secure messaging services offered by the FFL SA ecosystem.
• Participation in loyalty and referral campaigns.
• Savings plan not subject to banking law (known as ‘stacking’) to generate interest through the holding of FLX tokens.

6. Digital wallet and security

6.1 Custodial

• The environment is protected by encryption, redundancy, multi-layered firewalls, and regular audits.
• Access to the wallet is possible via the platform www.lafinancierelibre.ch.

6.2 Self-custody

7. Pricing, conversions and buyback policy

Stabilization mechanism

Conversion and withdrawal / transfer

• Conversion FLX → CHF (bank transfer): free of charge.
• Conversion FLX → EUR (bank transfer): application of the current exchange rate plus a 1.2% margin.
• Conversion FLX → CHF (cash withdrawal up to 100,000 CHF):
  • Flat fee of 50 CHF for any amount up to 10,000 CHF;
  • Beyond 10,000 CHF, a rate of 0.5% of the withdrawn amount applies.
• Conversion FLX → EUR (cash withdrawal up to 100,000 €):
  • Flat fee of 50 CHF for any amount up to 10,000 €;
  • Beyond 10,000 €, a rate of 0.5% of the withdrawn amount applies.

Practical terms

• Conversions and withdrawals are subject to KYC requirements and standard compliance checks (AML, identity verification).
• Conversion fees and margins will be clearly displayed to the user before confirming the transaction.
• FFL SA reserves the right to modify these fees (flat rates, percentages, thresholds) based on market conditions or operational costs, subject to notifying users in accordance with Article 12 (modification of the Terms and Conditions).
• In the case of a partial withdrawal or conversion, fees are calculated proportionally to the relevant amount.

Limits and ceilings

Acceptance

8. Associated risks

• Risk of partial loss of the FLX value up to 25% of the initial parity set at 1 CHF for 1 FLX.
• Volatility of the crypto-asset market.
• Volatility of the precious metals market.
• Technical risks (bugs, hacking, human error).
• Regulatory risks, in the event of legislative changes.
• No guarantee of partial liquidity up to 25% of the total funds deposited in reserve or secondary valuation.

9. Legal and tax framework

9.1 Applicable jurisdiction

9.2 User obligations

• Comply with the tax laws of their country.
• Declare any capital gains realized through the use of FLX.
• Not use FLX for illicit purposes (money laundering, terrorist financing, etc.).

10. Personal data

• Is securely stored in Switzerland.
• Is only shared with authorized third parties for regulatory compliance purposes.
• Is processed in accordance with the GDPR (EU) and the DPA (Switzerland).

11. Intellectual property

12. GTC modifications

13. Disputes and litigation

14. Contact