Favo Wallet Privacy Policy

This Privacy Policy ("Policy") describes how Favo Wallet ("we," "us," or "our") collects, uses, and protects the information of users ("you" or "your") of the Favo Wallet application, Chrome extension, and related services (collectively, the "Services").

I. Collected Information

We may collect the following types of information when you use our Services:

• Account Information: wallet addresses, public keys, and blockchain transaction data associated with your wallet.
• Device Information: device type, operating system, browser type, unique device identifiers, and IP address.
• Usage Information: features used, pages visited, actions taken within the Services, and timestamps.
• Communication Data: information you provide when contacting our support team.

Important: We do NOT collect, store, or have access to your private keys, mnemonic phrases, or passwords. These are stored locally on your device and are never transmitted to our servers.

II. How We Use Your Information

We use collected information to:

• Provide, maintain, and improve the Services;
• Process transactions and display blockchain data relevant to your wallet;
• Send technical notices, updates, security alerts, and support messages;
• Monitor and analyze trends, usage, and activities in connection with the Services;
• Detect, investigate, and prevent fraudulent transactions and other illegal activities;
• Comply with applicable laws, regulations, and legal processes including KYC/AML requirements where applicable.

III. How You Manage Your Information

You have the right to access, correct, or delete your personal information. Since most data is stored locally on your device, you can manage it directly through the application. You may also:

• Export or remove your wallet data at any time through the app settings;
• Opt out of analytics data collection through app settings;
• Request deletion of server-side data by contacting our support team.

IV. We May Share or Transfer Your Information

We do not sell your personal information. We may share information in the following circumstances:

• Service Providers: with third-party vendors who assist us in providing the Services (e.g., analytics, infrastructure hosting);
• Blockchain Data: transaction data is inherently public on blockchain networks;
• Legal Requirements: when required by law, regulation, or legal process;
• Business Transfers: in connection with a merger, acquisition, or sale of assets.

V. Automatic Data Collection Technology

We may use cookies, local storage, and similar technologies to collect information about your use of the Services. This includes analytics tools to understand usage patterns and improve user experience.

VI. How We Protect Your Information

We implement industry-standard security measures to protect your information, including encryption in transit and at rest, access controls, and regular security audits. However, no method of transmission over the Internet is 100% secure, and we cannot guarantee absolute security.

VII. Disclaimer

Favo Wallet is a self-custody wallet. We do not have access to your private keys or funds. You are solely responsible for the security of your wallet credentials. We are not responsible for any loss resulting from unauthorized access to your device or disclosure of your private keys or mnemonic phrases.

VIII. Third Party Links and Websites

The Services may contain links to third-party websites, DApps, or services. We are not responsible for the privacy practices or content of these third parties. We encourage you to review the privacy policies of any third-party services you access through our application.

IX. Other

We may update this Policy from time to time. We will notify you of any material changes by posting the new Policy within the application. Your continued use of the Services after changes are posted constitutes acceptance of the modified Policy.

If you have questions about this Privacy Policy, please contact us at support@favowallet.com.