Terms of Service

1. Introduction and Acceptance

These Terms of Service ("Terms") constitute a legally binding agreement between you ("User," "you," or "your") and AlphaBot ("Company," "we," "us," or "our"), governing your access to and use of the AlphaBot Protocol, including the smart contracts deployed on the Solana blockchain, vault tokens, the Platform, and all associated services (collectively, the "Protocol").

By accessing or using the Protocol, connecting a wallet, or interacting with any AlphaBot smart contract, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you must not access or use the Protocol.

We reserve the right to modify these Terms at any time. Changes will be effective upon posting to the website. Your continued use of the Protocol after any modifications constitutes acceptance of the revised Terms.

2. Definitions

• "Vault Token" means the SPL token issued on a bonding curve when a Strategy Vault is created, representing participation in that vault.
• "Vault" means the on-chain smart contract that holds deposited assets and executes the automated trading strategy.
• "NAV" (Net Asset Value) means the total value of all assets held by the Vault, denominated in USDC.
• "Rebalancing" means the automated process of adjusting portfolio holdings based on the Protocol's momentum strategy.
• "High-Water Mark" (HWM) means the highest NAV per Vault Token previously achieved, used for performance fee calculations.
• "Protocol" collectively refers to the smart contracts, the off-chain engine, the website, and all associated services.
• "Wallet" means a Solana-compatible cryptocurrency wallet used to interact with the Protocol.

3. Eligibility

3.1 Age Requirement

You must be at least 18 years of age (or the age of legal majority in your jurisdiction) to use the Protocol.

3.2 Geographic Restrictions

The Protocol is NOT available to residents or citizens of the United States of America, its territories, or any jurisdiction where use of decentralized finance protocols is prohibited or restricted by law. You are solely responsible for determining whether your use of the Protocol is lawful in your jurisdiction.

3.3 Sanctions Compliance

You represent and warrant that you are not (a) located in, a resident of, or organized under the laws of any country subject to comprehensive sanctions; (b) identified on any sanctions list maintained by the Office of Foreign Assets Control (OFAC), the European Union, the United Nations Security Council, or His Majesty's Treasury (UK); or (c) acting on behalf of any person or entity described in (a) or (b).

3.4 Entity Users

If you are accessing the Protocol on behalf of a legal entity, you represent that you have the authority to bind that entity to these Terms and that the entity complies with all eligibility requirements.

4. Nature of the Protocol

4.1 Non-Custodial

The AlphaBot Protocol is a non-custodial, decentralized protocol. The Company does not take custody of your digital assets at any time. All assets are held by the Vault smart contract on the Solana blockchain, governed by immutable program logic.

4.2 Automated Strategy

The Protocol operates an automated portfolio management strategy with the following parameters:

• Maximum of 3 positions at any time
• Rebalancing approximately every 2 hours
• BTC regime filter (MA24 > MA72) determines active trading vs. defensive cash position
• Circuit breaker halts trading at -15% NAV decline from peak

4.3 No Advisory Relationship

Nothing in these Terms or through the use of the Protocol creates a fiduciary, advisory, broker-dealer, or any other professional relationship between the Company and any User. The Company does not provide investment, financial, tax, or legal advice.

4.4 Open Source

The Protocol's smart contracts are open source and verifiable on-chain. Users are encouraged to review the code and understand the mechanics before depositing any assets.

5. How the Protocol Works

5.1 Deposits

Users buy Vault Tokens on the bonding curve by depositing SOL. 80% of deposited SOL is allocated to the quant engine for active trading. 20% is held as reserve liquidity. Deposits are subject to fees as described in Section 5.3.

5.2 Redemptions

Users may sell Vault Tokens back on the bonding curve at any time. Sale proceeds are subject to fees as described in Section 5.3 and available reserve liquidity within the Vault.

5.3 Fee Schedule

Fees are deducted automatically. Bonding curve fees are charged on each transaction. Engine performance fees are calculated and collected only when the engine generates profits, with 85% of profits allocated to buying and burning vault tokens.

5.4 Rebalancing

The Protocol's off-chain engine evaluates market conditions approximately every 2 hours and submits rebalancing instructions to the Vault smart contract. Rebalancing trades are executed through the Jupiter DEX aggregator on Solana. Between rebalancing cycles, the portfolio composition may drift from the target allocation.

5.5 Risk Controls

The Protocol incorporates the following risk controls:

• Circuit breaker halts trading at -15% NAV drawdown from peak
• Individual position force-exit at -20% loss
• Portfolio-wide emergency halt at -25% drawdown
• Maximum trade size of 20% of Vault per rebalancing cycle
• Maximum slippage tolerance of 3% per swap
• Liquidity, correlation, and concentration risk checks before each trade

These risk controls are not guaranteed to prevent losses and may not activate quickly enough during extreme market events.

6. User Responsibilities

6.1 Wallet Security

You are solely responsible for maintaining the security of your wallet, including private keys, seed phrases, and any hardware or software used to access your wallet. The Company has no ability to recover lost or stolen assets.

6.2 Due Diligence

You acknowledge that you have conducted your own research and due diligence before using the Protocol. You understand the risks associated with decentralized finance, automated trading strategies, and digital assets generally.

6.3 Tax Obligations

You are solely responsible for determining what, if any, taxes apply to your transactions involving the Protocol and Vault Tokens. The Company does not provide tax advice and is not responsible for determining your tax obligations.

6.4 Accurate Information

You represent and warrant that all information you provide in connection with your use of the Protocol is accurate, complete, and not misleading.

7. Prohibited Uses

You may not use the Protocol to:

1. Violate any applicable law, regulation, or third-party right
2. Engage in or facilitate money laundering, terrorist financing, or any other financial crime
3. Circumvent geographic restrictions or sanctions through the use of VPNs, proxies, or other obfuscation tools
4. Use automated tools, bots, or scripts to manipulate the Protocol or extract value at the expense of other users
5. Engage in front-running, sandwich attacks, or other forms of MEV exploitation
6. Attempt to exploit bugs, vulnerabilities, or design flaws in the smart contracts or off-chain systems
7. Interfere with or disrupt the operation of the Protocol or the Solana network
8. Impersonate any person or entity, or falsely claim an affiliation with any person or entity
9. Use the Protocol in any manner that could damage, disable, or impair the Protocol's availability or functionality
10. Encourage or enable any other person to engage in any of the activities prohibited by this Section

8. Risks and Disclaimers

8.1 General Risk

The use of the Protocol involves significant risks. The value of digital assets can fluctuate significantly, and you may lose some or all of the assets you deposit. Past performance does not guarantee future results. You should only deposit assets you can afford to lose entirely.

8.2 Smart Contract Risk

Smart contracts may contain undiscovered bugs, vulnerabilities, or design flaws. While the Protocol undergoes testing and review, no audit or review process can guarantee the absence of all vulnerabilities.

8.3 Strategy Risk

The automated trading strategy is based on historical patterns that may not repeat. Market conditions may change in ways that cause the strategy to underperform or generate losses.

8.4 No Warranties

The Protocol is provided on an "as is" and "as available" basis without warranties of any kind, whether express, implied, or statutory. The Company expressly disclaims all warranties, including implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement.

8.5 Third-Party Dependencies

The Protocol relies on third-party services including the Solana blockchain, Jupiter DEX aggregator, Binance market data, and USDC (issued by Circle). Failures, disruptions, or adverse events in any of these dependencies could materially impact the Protocol.

9. Limitation of Liability

9.1 Exclusion of Damages

To the maximum extent permitted by applicable law, in no event shall the Company, its directors, officers, employees, agents, or affiliates be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, loss of data, loss of goodwill, business interruption, or any other intangible losses, arising out of or in connection with your use of or inability to use the Protocol.

9.2 Aggregate Liability Cap

The Company's total aggregate liability to you for all claims arising out of or relating to these Terms or the Protocol shall not exceed the lesser of (a) the total amount of fees you have paid to the Protocol in the twelve (12) months preceding the claim, or (b) one hundred US dollars (USD $100).

9.3 Acknowledgment

You acknowledge that the foregoing limitations of liability are an essential element of the agreement between you and the Company and that the Company would not provide the Protocol without these limitations.

10. Indemnification

You agree to indemnify, defend, and hold harmless the Company, its directors, officers, employees, agents, and affiliates from and against any and all claims, demands, losses, liabilities, damages, costs, and expenses (including reasonable attorneys' fees) arising out of or in connection with: (a) your use of the Protocol; (b) your violation of these Terms; (c) your violation of any applicable law or regulation; or (d) your violation of any rights of any third party.

11. Intellectual Property

11.1 Company IP

The AlphaBot name, logo, brand identity, and website design are the intellectual property of the Company. You may not use, reproduce, or distribute these materials without prior written consent.

11.2 Open-Source Code

Portions of the Protocol's smart contracts and engine code are released under open-source licenses. Your use of open-source components is governed by the applicable open-source license terms.

11.3 Feedback

Any feedback, suggestions, or ideas you provide regarding the Protocol may be used by the Company without any obligation to compensate you or maintain confidentiality.

12. Termination

12.1 By the Company

We may suspend or restrict access to the Protocol at any time, with or without cause, and with or without notice. This includes, but is not limited to, restricting access from specific jurisdictions or wallet addresses.

12.2 By You

You may stop using the Protocol at any time by disconnecting your wallet and redeeming any outstanding Vault Tokens.

12.3 Effect of Termination

Upon termination, your right to access the website and front-end interface may cease, but any Vault Tokens you hold remain redeemable through direct interaction with the on-chain smart contract, subject to available liquidity.

13. Governing Law

These Terms and any disputes arising out of or in connection with them shall be governed by and construed in accordance with the laws of the British Virgin Islands, without regard to its conflict of laws principles.

14. Dispute Resolution

14.1 Good Faith Negotiation

Before initiating any formal dispute resolution, you agree to first attempt to resolve the dispute by contacting us directly and engaging in good faith negotiation for a minimum of thirty (30) days.

14.2 Binding Arbitration

Any dispute that cannot be resolved through good faith negotiation shall be finally settled by binding arbitration administered by the Singapore International Arbitration Centre (SIAC) under the SIAC Rules, with the seat of arbitration in Singapore. The arbitration shall be conducted in English by a single arbitrator.

14.3 Class Action Waiver

You agree that any dispute resolution proceedings will be conducted only on an individual basis and not in a class, consolidated, or representative action. You expressly waive any right to participate in a class action lawsuit or class-wide arbitration.

15. General Provisions

15.1 Entire Agreement

These Terms, together with the Privacy Policy and Risk Disclosure, constitute the entire agreement between you and the Company regarding the Protocol.

15.2 Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

15.3 No Waiver

The Company's failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.

15.4 Assignment

You may not assign or transfer your rights or obligations under these Terms without our prior written consent. We may assign our rights and obligations without restriction.

15.5 Force Majeure

The Company shall not be liable for any failure or delay in performance resulting from events beyond our reasonable control, including but not limited to natural disasters, war, terrorism, pandemic, government actions, blockchain network failures, or third-party service outages.

15.6 Notices

Notices to the Company should be sent to the contact information provided in Section 16. We may provide notices to you by posting updates to the website or through the Protocol's communication channels.

15.7 Headings

Section headings are for convenience only and shall not affect the interpretation of these Terms.

15.8 Survival

Sections 8 (Risks and Disclaimers), 9 (Limitation of Liability), 10 (Indemnification), 11 (Intellectual Property), 13 (Governing Law), and 14 (Dispute Resolution) shall survive any termination of these Terms.

16. Contact Information

For questions about these Terms, reach out via @AlphaBotFun on X or Discord.