Dannesk is a decentralized finance (“DeFi”) software application that enables users to create a new digital wallet or import an existing wallet for the purpose of interacting with supported blockchain networks, including the execution of digital asset transfers, payments, and trades.
Dannesk is a non-custodial application and does not at any time hold, control, or have access to user wallets, private keys, or authentication credentials. Dannesk does not store or have the ability to recover private keys, seed phrases, or passphrases. Users acknowledge and agree that they are solely responsible for the secure storage, backup, and retention of their private keys, seed phrases, and any associated credentials.
All wallet-related cryptographic operations, including encryption and decryption of private keys, are performed locally on the user’s device using industry-standard cryptographic methods, including AES-256 encryption and Argon2id key derivation. Dannesk does not have access to, and cannot decrypt, access, alter, or otherwise interfere with any user wallet data.
When submitting Bitcoin transactions, users may independently determine the applicable transaction fee. Transactions submitted with fees below prevailing network conditions (for example, below approximately 300 satoshis) may experience significant delays, remain unconfirmed in the mempool, or be dropped entirely by the network.
Dannesk does not control or influence Bitcoin network operations, including mempool behavior, miner fee policies, or transaction confirmation times. Users are solely responsible for selecting appropriate transaction fees, and it is recommended that users select a fee of at least 300 satoshis to reduce the likelihood of delayed confirmation.
On the XRP Ledger (“XRPL”), all trades are executed via the network’s central limit order book (“CLOB”), with liquidity provided by independent third-party market participants.
Execution of orders is not guaranteed. Large or market-sensitive orders may be partially filled or not filled at all in the absence of sufficient liquidity. Users are solely responsible for determining appropriate order parameters, including limit prices, and must review all transaction details prior to submission. All blockchain transactions are irreversible once broadcast.
Dannesk does not issue digital assets or stablecoins, does not provide or manage liquidity pools, does not control any decentralized protocols, and does not act as a broker, dealer, custodian, exchange, or financial intermediary. Nothing within the application constitutes financial, investment, legal, or tax advice.