CoC: Third-Party SPs

Grants Special Ops Roundtable

Code of Conduct for Third-Party Service Providers

1. Compliance with Regulatory Frameworks: Service providers must comply with all relevant regulatory frameworks, including those related to crypto regulation, financial services, and the laws of the jurisdictions in which they operate.
2. Transparency and Integrity: Service providers should commit to transparency in their operations and maintain the highest standards of integrity. This includes providing clear and accurate information about their services, fees, and any potential risks.
3. Privacy and Data Protection: Service providers must respect the privacy of their clients and protect their data in accordance with applicable laws and regulations. This includes implementing robust security measures to prevent unauthorized access to client data.
4. Avoidance of Unfair Practices: Service providers should avoid any practices that could be considered unfair or deceptive, such as price collusion. They should also provide clear and transparent pricing information to their clients.
5. Commitment to Service Quality: Service providers should strive to provide high-quality services that meet the needs and expectations of their clients. This includes continuously improving their services and adapting to changes in the industry.
6. Collaboration and Communication: Service providers should establish clear communication channels with their clients and other stakeholders. This will ensure alignment towards common goals and timely resolution of any issues or concerns.
7. Respect for the Principles of Decentralization: Service providers should respect the principles of decentralization that underpin the web3 and crypto industry. This includes supporting the use of open protocols and contributing to the development of decentralized services.
8. Active Participation in the Web3 Ecosystem: Service providers should actively participate in the web3 ecosystem, including contributing to community discussions and supporting the development of new technologies and services.
9. Adherence to Ethical Standards: Service providers should adhere to high ethical standards in all their activities. This includes considering the ethical implications of their services and taking steps to mitigate any potential risks.