Vela

Privacy Policy

Last updated: May 2026 · Private pool · By invitation only

Vela is a private pool accessible only by invitation. This policy explains what information we collect, how we use it, and how it is protected.

1. Information we collect

When you register and use Vela, we collect the following information:

Identity: First name, last name, email address, phone number
Financial: Deposit amounts, share holdings, transaction history, USDT wallet address, bank account details
Security: Password (stored as a secure hash), PIN (stored as plain text for account recovery purposes)
Usage: Login activity, pages visited within the app

2. How we use your information

Your information is used exclusively to operate the Vela pool:

To create and manage your account
To issue shares and process deposits and exits
To send payouts to your nominated wallet or bank account
To verify your identity in case of account recovery
To contact you regarding your account via WhatsApp

We do not use your information for marketing, profiling, or any purpose outside of operating the pool.

3. Who can see your information

Your personal and financial information is visible only to the pool administrator. It is never shared with third parties, sold, or used for any external purpose.

Other pool members cannot see your personal details, deposit amounts, or transaction history.

4. PIN storage

Your 4-digit security PIN is stored in plain text to allow the administrator to assist with account recovery if you forget your PIN and can verify your identity through other means. You should choose a PIN that is not shared with other services.

5. Data storage

Your data is stored on a private server. Access to the database is restricted to the pool administrator. No third-party analytics, tracking, or advertising tools are used on this platform.

6. Data retention

Your account data is retained for as long as you have an active or exited account in the pool. If you wish to have your data deleted, contact the administrator via WhatsApp. Note that transaction records may be retained for audit purposes.

7. Your rights

You have the right to:

Request a copy of your personal data held by Vela
Request correction of inaccurate information
Request deletion of your account and personal data
Update your payout details at any time through the app

To exercise any of these rights, contact the administrator via WhatsApp.

8. Security

Passwords are stored using bcrypt hashing and are never visible to the administrator. The app is served over HTTPS. Access to the database is restricted to authenticated administrators only.

You are responsible for keeping your password and PIN secure. Do not share them with anyone.

9. Cookies

Vela uses a session cookie to keep you logged in. This cookie is essential for the app to function and contains no personal information. No third-party cookies or tracking cookies are used.

10. Changes to this policy

This privacy policy may be updated from time to time. Any significant changes will be communicated to members. Continued use of the app after notice of changes constitutes acceptance.

11. Contact

For any privacy-related questions or requests, contact the administrator via WhatsApp. Details are available within the app.