Terms of Use

1.1 Welcome and Overview

These Terms of Use (the “Terms”) govern your access to and use of the Multyr website, web applications, interfaces, APIs, smart-contract interaction tools, informational materials, and any related products, features, integrations, communications, and services made available by or on behalf of the Multyr Foundation, a Panamanian foundation, and/or Multyr Labs Ltd, a Swiss company, together with their affiliates, contractors, contributors, licensors, and service providers, as applicable (collectively, the “Products,” and, for convenience in these Terms, “Multyr,” “we,” “us,” or “our”).

The Products may include, without limitation, the Multyr website, any application interface made available through a browser or mobile environment, any hosted front-end facilitating interaction with decentralized smart contracts, any API or software component we make available, and any related pages containing documentation, risk disclosures, legal notices, or support materials.

You understand and acknowledge that the on-chain Multyr protocol, including any smart contracts, modules, vaults, strategies, adapters, allocation logic, rebalancing logic, reserve mechanisms, or related blockchain-based functionality (collectively, the “Protocol”), is distinct from the Products. The Products may provide a means of viewing, accessing, or interacting with the Protocol, but the Products do not themselves constitute the Protocol. The Protocol may operate autonomously on public blockchain infrastructure, may include open-source software, and may interact with third-party systems not controlled by us. See Section 4 below titled “Products vs. Protocol” for additional detail.

These Terms govern your use of the Products and any access to or interaction with the Protocol facilitated by or in connection with the Products, together with any other interaction or engagement you may have with us in connection with the Products.

1.2 Binding Agreement

These Terms form a legally binding agreement between you and us. By accessing, browsing, connecting to, using, downloading, interacting with, or otherwise engaging with any Product, you confirm that you have read, understood, and agreed to be bound by these Terms.

If you do not agree to these Terms, you must immediately cease accessing and using the Products.

1.3 Incorporation of Other Terms and Policies

Your use of the Products is also subject to any additional product-specific terms, notices, disclaimers, licenses, or policies that we may publish or make available from time to time, including, without limitation, any terms included with downloadable code, SDKs, APIs, repositories, beta releases, or specific Product features.

These Terms expressly incorporate by reference our:

• Risk Disclosures;
• Privacy Policy; and
• any additional notices, disclosures, or license terms made available in connection with the Products.

You should review all such documents carefully, as they contain important information regarding your rights, obligations, and risks.

1.4 Arbitration Notice

PLEASE READ THIS SECTION CAREFULLY. THESE TERMS CONTAIN A BINDING INDIVIDUAL ARBITRATION PROVISION AND A CLASS ACTION WAIVER. EXCEPT FOR CERTAIN DISPUTES EXPRESSLY EXCLUDED BELOW, ANY DISPUTE RELATING TO THE PRODUCTS, THESE TERMS, OR YOUR RELATIONSHIP WITH US WILL BE RESOLVED THROUGH FINAL AND BINDING INDIVIDUAL ARBITRATION IN GENEVA, SWITZERLAND, AND NOT IN COURT. YOU WAIVE ANY RIGHT TO A TRIAL BY JURY AND ANY RIGHT TO PARTICIPATE IN A CLASS ACTION, CLASS-WIDE ARBITRATION, COLLECTIVE ACTION, OR REPRESENTATIVE PROCEEDING.

2.1 Right to Modify

We reserve the right, in our sole discretion, to amend, revise, modify, supplement, restate, or replace these Terms at any time. Any such modification will become effective upon posting on or through the Products, unless a later effective date is expressly stated.

We may, but are not obligated to, provide notice of changes through one or more of the following means:

• posting an updated version on the website or interface;
• changing the “Updated and effective” date at the top of these Terms;
• displaying a notice, banner, or pop-up through the Products;
• sending a communication by email, if we have your email address; or
• publishing an announcement through our documentation, community channels, or related communications.

2.2 Continued Use

It is your responsibility to review these Terms periodically for changes. Your continued access to or use of any Product after any updated Terms become effective constitutes your acceptance of the revised Terms.

If you do not agree to any modification, you must discontinue using the Products immediately.

2.3 Prospective Application

Unless otherwise required by law, any modification to these Terms will apply prospectively from the effective date of the revised Terms and will not retroactively alter the rights and obligations of the parties with respect to conduct occurring before such date, except to the extent required to give effect to provisions that by their nature apply on an ongoing basis.

If any modification is held to be invalid, unenforceable, or ineffective, such determination will not affect the validity or enforceability of the remaining provisions.

3.1 No Custodial Services

We do not provide custodial services. We do not hold, control, possess, safeguard, or have access to your private keys, seed phrases, wallets, or digital assets. You remain solely responsible for maintaining custody and control of your digital assets and for all activity occurring through any wallet, address, or credentials associated with your use of the Products.

You understand and agree that if you lose access to your wallet, private keys, seed phrase, or credentials, or if any third party obtains unauthorized access to them, we cannot recover your assets, restore access, reverse transactions, or otherwise assist in reclaiming control over your digital assets.

To the fullest extent permitted by law, we disclaim all liability for any loss, damage, claim, or expense arising out of or relating to loss of private keys, compromised wallets, unauthorized access, phishing, social engineering, malware, SIM-swaps, account takeover, or any similar event affecting your control of digital assets.

3.2 Risks of Digital Assets

You acknowledge that digital assets, blockchain networks, and decentralized finance applications involve significant risk and may be highly speculative, volatile, illiquid, or subject to technological, legal, economic, and market uncertainties. You may lose all or part of your digital assets.

Your use of the Products and any interaction with the Protocol is subject to the risks described in our Risk Disclosures, which are incorporated by reference into these Terms.

3.3 No Financial, Legal, Tax, or Investment Advice

Nothing in the Products, the Protocol, any communication from us, any documentation, any interface display, any yield figure, any risk metric, any APY/APR estimate, any strategy description, any allocation view, any historical performance information, any market commentary, or any other materials made available by us constitutes:

• financial advice;
• investment advice;
• legal advice;
• tax advice;
• accounting advice;
• fiduciary advice;
• a recommendation to buy, sell, lend, borrow, stake, swap, deposit, withdraw, or hold any digital asset; or
• a representation that any transaction, strategy, vault, or interaction is suitable for you.

You should consult your own legal, tax, financial, and other professional advisors before using the Products or interacting with the Protocol.

3.4 We Are Not Intermediaries

Due to the decentralized, non-custodial, and permissionless nature of blockchain systems and the Protocol, we are not an intermediary, broker, dealer, exchange, financial institution, investment manager, investment adviser, custodian, escrow agent, fiduciary, or agent acting on your behalf or on behalf of any third party.

We do not owe you any fiduciary duty or similar duty of care merely by virtue of your use of the Products or interaction with the Protocol. We do not undertake to review the suitability, legality, economic logic, tax treatment, or prudence of any action you take.

3.5 User Responsibility for Wallets, Devices, and Access

You are solely responsible for the security of your devices, browsers, network connections, wallet software, credentials, and all methods used to access the Products. You are also solely responsible for ensuring that the wallet, address, or account from which you initiate transactions is correct and under your control.

You acknowledge that blockchain transactions are often irreversible and that mistakes in wallet addresses, token approvals, signing requests, slippage settings, or transaction parameters may result in permanent loss.

3.6 No Affiliation With Third-Party Platforms

Unless expressly stated otherwise, we are not affiliated with any wallet provider, messaging platform, node operator, oracle provider, blockchain network, bridge, aggregator, analytics provider, or third-party application that may be referenced by, linked to, embedded in, or usable with the Products.

If the Products are made available through or in connection with any third-party platform, such use remains subject to that platform’s own terms, privacy policies, technical limitations, and security assumptions. We disclaim all responsibility for the operation, security, availability, or data handling practices of any such third-party platform.

4.1 Products Overview

The Products include the Multyr website, hosted application interfaces, informational pages, integrations, tools, APIs, and software components that may facilitate access to information about, or interaction with, the Protocol.

The Products may enable you to:

• view supported assets, strategies, vaults, or market information;
• connect a wallet;
• submit transactions to a blockchain network;
• review documentation and legal disclosures;
• access integrations with third-party services; or
• otherwise interact with or obtain information regarding the Protocol.

4.2 Protocol Overview

The Protocol refers to the collection of smart contracts, blockchain-based logic, and related decentralized functionality associated with Multyr, including any vaults, strategies, adapters, routing logic, allocation logic, rebalancing mechanisms, reserve mechanisms, and related modules or components.

The Protocol may route or allocate digital assets across multiple strategies and/or underlying third-party DeFi protocols through predefined logic encoded in smart contracts. The Protocol may be modular, may evolve over time, and may include multiple distinct Components, each of which may involve materially different economic, operational, technical, and regulatory risks.

4.3 Products Do Not Equal the Protocol

The Products are not the Protocol. The Products may provide a front-end or interface for interacting with the Protocol, but neither the Products nor the entities associated with the Products necessarily manage, own, operate, or control the Protocol or all Components thereof.

You understand and acknowledge that your use of the Products may involve interaction with autonomous smart contracts deployed on one or more public blockchains. Once a transaction is signed and broadcast, its execution depends on the relevant blockchain network and associated smart-contract logic, and not on us.

4.4 Protocol Independence

To the fullest extent applicable, you acknowledge that the Protocol may be decentralized, autonomous, open-source, and not controlled by us in the conventional sense. Governance, parameter changes, upgrades, deployments, forks, module additions, strategy changes, reserve logic, fee logic, or other aspects of the Protocol may be determined by smart-contract logic, governance processes, third-party contributors, or decentralized participants, and may occur without our prior approval, intervention, monitoring, or control.

We disclaim all responsibility for the operation, performance, legality, maintenance, updating, or security of the Protocol, except to the extent such responsibility cannot be excluded under applicable law.

4.5 Your Responsibility to Review Risk Disclosures

Before interacting with the Products or the Protocol, you are strongly encouraged to carefully review the Risk Disclosures. By accessing or using the Products or interacting with the Protocol, you acknowledge that you have read, understood, and accepted the risks described in the Risk Disclosures.

Your use of the Products and Protocol constitutes your acceptance of those risks and your agreement that we will not be liable for losses arising from such risks, including without limitation risks associated with:

• smart-contract vulnerabilities;
• market volatility;
• strategy underperformance;
• liquidity constraints;
• delayed withdrawals;
• imperfect or failed rebalancing;
• oracle failures;
• failures of underlying third-party protocols;
• blockchain network congestion or failure;
• cyberattacks; and
• unforeseen interactions with other protocols, services, or infrastructure.

4.6 No Warranties on Products or Protocol

We make no representation or warranty, express, implied, statutory, or otherwise, regarding the security, reliability, functionality, legality, performance, compatibility, accuracy, availability, or continued operation of any Product or of the Protocol.

You acknowledge that the Products and Protocol may contain bugs, vulnerabilities, design flaws, incomplete features, faulty assumptions, misconfigurations, user interface errors, inaccurate displays, stale data, or incompatibilities with wallets, browsers, chains, assets, or third-party integrations.

4.7 Assumption of Risk

By accessing and using the Products or interacting with the Protocol, you acknowledge and agree that:

• the Protocol may operate autonomously on decentralized blockchain networks;
• transactions may be irreversible;
• the Protocol may depend on multiple Components and third-party systems;
• interactions with different Components may expose you to materially different risks;
• the Products do not eliminate, reduce, or insure against those risks; and
• you fully assume all such risks.

You further acknowledge that the Company disclaims liability for losses arising out of or relating to protocol errors, strategy failures, reserve insufficiency, network failures, third-party failures, or interactions with other blockchain systems.

4.8 Definition of “Component”

For purposes of these Terms, a “Component” means any distinct smart-contract module, mechanism, vault, strategy, adapter, operator, rebalancing mechanism, reserve mechanism, market, route, integration, or functionality made available through, connected with, or accessible by means of the Protocol, including any custom or third-party deployment that interacts with the Protocol architecture or with the Products.

Each Component may operate autonomously on one or more blockchain networks, may be created, configured, or influenced by third parties, and may expose users to distinct risks. You are solely responsible for understanding the functionality, economics, risk profile, and legal implications of any Component you use.

5.1 Experimental Nature

You acknowledge and agree that the Products and Protocol involve open-source software, experimental software, decentralized systems, smart contracts, cryptographic systems, blockchain infrastructure, and emerging technologies that may not have been fully tested and may not perform as intended.

The Products and Protocol may be subject to:

• software bugs;
• coding errors;
• design flaws;
• unforeseen interactions between smart contracts;
• failures of assumptions embedded in economic models or allocation logic;
• oracle failures or delayed updates;
• reentrancy, overflow, underflow, or permissioning vulnerabilities;
• failures caused by upgrades, migrations, forks, or dependency changes;
• chain reorganizations, sequencer failures, validator failures, or consensus issues;
• denial-of-service attacks, cyberattacks, or malicious exploitation;
• failures of third-party bridges, relayers, RPC providers, wallet software, analytics providers, or node infrastructure;
• interruptions caused by market stress, liquidity fragmentation, or de-pegging events; and
• intellectual property claims relating to software, interfaces, algorithms, or implementations.

5.2 No Maintenance or Performance Obligation

You acknowledge and agree that we are under no obligation to:

• maintain the Products or Protocol;
• continue making any Product available;
• update code or interfaces;
• patch vulnerabilities;
• correct bugs or display errors;
• support any wallet, chain, asset, or integration;
• maintain backward compatibility; or
• continue to provide documentation, notices, or explanatory content.

Any maintenance, support, improvement, or update that we may provide is entirely voluntary unless otherwise expressly agreed in writing.

5.3 Open-Source Risks

Because parts of the Products or Protocol may rely on or incorporate open-source software, you acknowledge that third parties may independently use, deploy, fork, modify, audit, attack, integrate, replicate, or commercialize such code. We do not control third-party deployments, forks, code modifications, independent interfaces, or derivative implementations.

You assume all risks associated with interacting with software that is open-source, publicly inspectable, modifiable, and deployable by third parties.

6.1 Building on or Integrating With Multyr

Certain Products or Components may enable you to build, deploy, configure, integrate, operate, market, or offer your own products, interfaces, services, bots, dashboards, strategy wrappers, vaults, automation tools, or other offerings that interact with or depend upon the Protocol or its Components.

If you do so, you are solely responsible for:

• such products and services;
• all content, functionality, code, parameters, and disclosures associated with them;
• your communications with your users, customers, counterparties, or community;
• compliance with all laws, regulations, sanctions, AML/KYC obligations, tax rules, licensing requirements, and disclosure obligations applicable to your activities; and
• all claims arising out of or relating to your products or services.

6.2 Responsibility Toward Your Users

You, and not Multyr, are solely responsible for any person who accesses, uses, relies on, or is affected by any product or service you build, market, or operate using or in connection with the Products or Protocol.

You agree that you will include in your own terms, disclosures, and agreements all waivers, disclaimers, and limitations reasonably necessary to prevent your users or counterparties from seeking recourse against us in connection with your activities.

6.3 Release

On behalf of yourself and, to the fullest extent permitted by law, on behalf of any users or third parties you cause to interact with the Products or Protocol through your services, you expressly release and waive any and all claims, causes of action, losses, damages, liabilities, and expenses against us arising out of or relating to your products, services, integrations, or dependencies on the Products or Protocol.

6.4 Indemnification for Builder Activities

You agree to indemnify, defend, and hold harmless the Indemnified Parties (as defined below) from and against any claim, demand, action, proceeding, investigation, liability, damage, judgment, settlement, penalty, fine, cost, and expense, including reasonable attorneys’ fees, arising out of or relating to:

• your products or services;
• any user, customer, or third party claim relating to them;
• your misstatements, omissions, or inadequate disclosures;
• your non-compliance with law;
• any infringement or alleged infringement of third-party rights; or
• any losses arising from or related to your use of the Products or Protocol in a commercial, professional, or service capacity.

7.1 Components Overview

The Protocol may enable the creation, configuration, deployment, use, or interaction with Components such as vaults, pools, strategies, strategy adapters, allocation mechanisms, operator logic, fee logic, liquidity routes, and related modules. Some such Components may be created, curated, parameterized, or influenced by third parties, governance participants, or other users.

We do not guarantee that any Component is reviewed, approved, monitored, insured, economically sound, secure, lawful, or suitable for any purpose.

7.2 Component Creators, Configurators, and Curators

If you create, configure, curate, deploy, influence, or materially participate in the setup, maintenance, or promotion of any Component, you acknowledge and agree that:

• you assume full responsibility for all risks associated with that Component, including coding errors, design flaws, exploitable conditions, parameter misconfiguration, insecure assumptions, and interactions with other smart contracts, networks, markets, and users;
• we do not review, endorse, validate, monitor, supervise, or approve your Component, its logic, its parameterization, or its risk profile;
• you are solely responsible for determining and ensuring compliance with all laws, regulations, and tax obligations that may apply to your Component, your activity, and the users of your Component, including without limitation laws relating to financial services, sanctions, consumer protection, disclosure, marketing, AML/KYC, and taxes; and
• you will indemnify, defend, and hold harmless the Indemnified Parties from any and all claims, actions, investigations, liabilities, losses, damages, and expenses arising from or related to your Component.

7.3 Component Users: Acknowledgment of Risk and Responsibility

As a user of any Component, you acknowledge and agree that you are solely responsible for conducting thorough due diligence before interacting with any Component. We make no representation or warranty regarding the safety, reliability, performance, legality, economic logic, configuration, strategy assumptions, fee structure, liquidity characteristics, or suitability of any Component, whether created by us, by third parties, or by autonomous governance or deployment processes.

You understand that Components may be user-generated, third-party influenced, or otherwise operate independently of us, and that we may have no control over their risk parameters, functionality, update path, fee logic, routing logic, reserve logic, or integration dependencies.

Your use of any Component is entirely at your own risk. You bear full responsibility for all outcomes resulting from your interaction with any Component, including, without limitation, losses, damages, claims, liabilities, delays, opportunity costs, tax consequences, execution failures, or regulatory consequences.

By way of example only, and without limitation, by depositing into or withdrawing from a vault, relying on a strategy allocation, interacting with a reserve mechanism, or using any routing or rebalancing functionality made available through the Protocol, you acknowledge that you are responsible for assessing:

• the strategy assumptions;
• the fee structure;
• liquidity availability;
• withdrawal mechanics;
• rebalancing mechanics;
• allocation drift risk;
• smart-contract dependencies;
• oracle or pricing dependencies;
• market and slippage risk;
• external protocol exposure; and
• compliance with all applicable laws, regulations, and tax obligations in your jurisdiction.

We do not vet, endorse, or monitor third-party or user-generated vault parameters, strategy logic, reserve configurations, routing logic, adapter settings, or fee structures, and we disclaim all liability arising from the creation, configuration, modification, maintenance, or use of such Components.

You must familiarize yourself with the Risk Disclosures and are bound by the terms therein. By using any Component, you confirm that you have reviewed and understood the risks associated with decentralized finance applications and acknowledge the potential for total loss of digital assets.

Each Component may expose users to distinct risks. For example, and without limitation, users of different Components may be exposed to market volatility, failed or delayed withdrawals, execution failures, liquidity shortfalls, slippage, impermanent loss, de-pegging events, insolvency or exploit of an underlying third-party protocol, failed rebalancing, stale pricing, collateral impairment, routing failures, reserve insufficiency, or adverse strategy performance. You agree that you fully assume these risks and that we disclaim all liability arising from your use of any Component.

7.4 No Control or Warranties

We make no warranties, express or implied, regarding the security, reliability, legality, functionality, economic performance, or fitness for purpose of any Component. All Components may operate independently of us, and we disclaim all responsibility for bugs, vulnerabilities, hacks, attacks, economic failures, or legal issues relating to Components.

7.5 No Guarantee of Performance or Security

We expressly disclaim any and all warranties, whether express, implied, statutory, or otherwise, regarding the security, profitability, reliability, continued operation, or performance of any Component or of the Protocol itself. Users and creators of Components assume all risks associated with their creation, configuration, deployment, maintenance, and use.

7.6 Indemnification

You agree to indemnify, defend, and hold harmless the Indemnified Parties from and against any claim, liability, damage, loss, cost, or expense, including reasonable attorneys’ fees, arising out of or relating to your creation, use, promotion, configuration, or operation of any Component, including any claims involving third-party rights, consumer claims, tax obligations, sanctions issues, regulatory investigations, or alleged legal violations.

8.1 Eligibility Requirements

To access or use the Products, you must:

• be at least 18 years old or the age of legal majority required to form a binding contract in your jurisdiction, whichever is higher;
• have full legal capacity and authority to enter into these Terms;
• not be located in, incorporated in, organized in, established in, or ordinarily resident in any jurisdiction where access to or use of the Products or Protocol is prohibited, restricted, or would subject us to registration, licensing, approval, disclosure, or other obligations that we have not undertaken;
• not be subject to sanctions, embargoes, blocked-person restrictions, or similar prohibitions under applicable law; and
• not access or use the Products on behalf of, for the benefit of, or at the direction of any prohibited or sanctioned person or entity.

8.2 Duty to Notify

You agree to notify us immediately if your eligibility status changes or if any representation made by you under these Terms ceases to be accurate. We reserve the right, but not the obligation, to verify your eligibility at any time and to restrict, suspend, or terminate access if eligibility cannot be confirmed to our satisfaction.

8.3 No Access From Restricted Jurisdictions

You represent and warrant that you will not access or use the Products or Protocol from any jurisdiction where such access or use is prohibited by applicable law, regulation, sanction regime, court order, regulatory guidance, financial promotions restriction, or similar legal framework.

Certain communications, functionalities, pages, or Product features may not be available to persons in certain jurisdictions, even if other parts of the Products remain accessible. It is your responsibility to determine what restrictions apply to you and whether all functionality necessary to manage your positions or transactions is lawfully available to you at all relevant times.

8.4 No Circumvention

You further agree that you will not use any virtual private network (“VPN”), proxy service, anonymization tool, tunneling service, routing manipulation technique, false geolocation tool, or other method or technology to conceal your location, residence, identity, or jurisdictional status or to circumvent any geographic, sanctions-related, compliance-related, or regulatory restriction.

Any such circumvention constitutes a material breach of these Terms and may result in immediate suspension or termination of access, reporting to authorities, and other legal consequences.

8.5 Geographic Restrictions

The Products and Protocol are not intended for use by individuals or entities located in, incorporated in, organized in, established in, or residing in countries or jurisdictions where such use is prohibited by law or subject to comprehensive sanctions or embargoes, or by individuals or entities designated under applicable sanctions laws and regulations.

By using the Products or Protocol, you represent and warrant that you are not located in, incorporated in, residing in, or otherwise accessing the Products from any prohibited jurisdiction and that you are not a sanctioned or otherwise restricted person.

You acknowledge that certain Product functions may be location-dependent and that if you access the Products from a different jurisdiction, geographic location, or network environment, including by means of a VPN or similar tool, some features required to manage positions, submit transactions, or access relevant notices may be unavailable to you. You assume all risk arising from any such limitation.

8.6 Sanctioned Jurisdictions

As of the Updated and effective date above, examples of jurisdictions that may be treated as sanctioned or prohibited for purposes of these Terms include, without limitation, jurisdictions subject to comprehensive sanctions or embargoes under applicable law, including those designated by the United Nations, European Union, United States, United Kingdom, or other relevant authorities.

Without limiting the generality of the foregoing, this may include jurisdictions such as:

• Iran;
• Belarus;
• Cuba;
• North Korea (DPRK);
• Syria;
• the Crimea, Donetsk, and Luhansk regions of Ukraine; and
• Russia,

as well as any other jurisdiction added, replaced, or reclassified under applicable sanctions or similar legal restrictions from time to time.

8.7 Sanctioned Persons

You agree and affirm that you are not a “Sanctioned Person” and are not accessing the Products or Protocol on behalf of, for the benefit of, or at the direction of any Sanctioned Person.

For purposes of these Terms, a “Sanctioned Person” includes, without limitation:

• any individual or entity designated under blocking, asset-freeze, or similar sanctions maintained by any relevant governmental or supranational authority, including but not limited to OFAC, the European Union, the United Kingdom, Switzerland, or the United Nations;
• any entity owned, directly or indirectly, 50% or more, individually or in the aggregate, by one or more Sanctioned Persons;
• any entity otherwise controlled by a Sanctioned Person;
• the government of any Sanctioned Jurisdiction, including any political subdivision, ministry, agency, instrumentality, or state-owned enterprise thereof; and
• any person located in, incorporated in, organized in, or ordinarily resident in a Sanctioned Jurisdiction.

Violation of this Section may result in immediate termination of access, reporting to authorities, and other legal action.

9.1 Compliance With Laws

You agree to comply with all applicable laws, regulations, sanctions rules, tax rules, court orders, and governmental requirements when using the Products or interacting with the Protocol.

9.2 Prohibited Activities

Without limiting any other provision of these Terms, you will not, directly or indirectly:

• use the Products or Protocol for any illegal, unauthorized, or unlawful purpose;
• use the Products or Protocol to engage in or facilitate fraud, deception, theft, market manipulation, wash trading, spoofing, front-running, or other abusive trading or transaction practices;
• use the Products or Protocol to engage in money laundering, terrorist financing, sanctions evasion, proliferation financing, or any other unlawful financial activity;
• attempt to gain unauthorized access to any Product, API, repository, account, environment, integration, or related system;
• circumvent or attempt to circumvent any security feature, content filtering system, geoblock, sanctions-related restriction, access control, or protective mechanism;
• use bots, scrapers, automated systems, or programmatic methods to access or interact with the Products without our prior written permission, where such use is not expressly permitted;
• probe, scan, test, benchmark, stress, or otherwise evaluate the vulnerability of any non-public component of the Products or related infrastructure without authorization;
• upload, introduce, deploy, distribute, or transmit malicious code, viruses, worms, trojans, ransomware, spyware, bots, denial-of-service mechanisms, or other harmful software or logic;
• reverse engineer, decompile, disassemble, or otherwise attempt to derive source code from non-public components of the Products, except to the extent expressly permitted by applicable law or open-source licensing;
• interfere with or disrupt the integrity, performance, or operation of the Products or any supporting infrastructure;
• impose an unreasonable or disproportionately large load on our infrastructure;
• misrepresent your identity, location, eligibility status, affiliation, or authority;
• impersonate another person or entity;
• access the Products on behalf of, for the benefit of, or at the direction of any person or entity prohibited by these Terms; or
• facilitate, assist, encourage, or induce any third party to do any of the foregoing.

9.3 Consequences of Prohibited Use

A violation of this Section may result in immediate suspension or termination of your access to the Products, blocking of requests or interfaces, denial of service, reporting to law enforcement or regulatory authorities, civil claims, injunctive relief, and any other remedy available at law or in equity.

9.4 Monitoring and Reporting

We reserve the right, but not the obligation, to monitor activity conducted through the Products to assess compliance with these Terms, applicable law, security requirements, or operational integrity. We may investigate suspected misconduct and may report suspicious or unlawful activity to law enforcement, regulators, sanctions authorities, tax authorities, or other competent bodies, as required by law or as we deem appropriate.

9.5 Cooperation With Authorities

You agree that we may cooperate with government, regulatory, judicial, or law-enforcement authorities in investigating any suspected unlawful conduct or compliance issue and may disclose information about your use of the Products or related data where required by law or reasonably necessary to protect our rights, users, systems, or legal position.

10.1 Ownership and License

If you submit, upload, transmit, propose, post, communicate, or otherwise provide any information, data, content, feedback, bug reports, comments, proposals, suggestions, configurations, code, documentation, requests, designs, strategy ideas, governance materials, support requests, or other materials to us or through the Products (“Submitted Materials”), you retain ownership of such Submitted Materials to the extent you have rights in them, but you grant us a non-exclusive, worldwide, royalty-free, fully paid-up, perpetual, irrevocable, sublicensable, transferable, and assignable license to use, host, store, reproduce, adapt, modify, distribute, display, publish, analyze, commercialize, and otherwise exploit such Submitted Materials for any lawful purpose in connection with the Products, the Protocol, our operations, our business, security, support, compliance, analytics, product development, or communications.

10.2 Representations Regarding Submitted Materials

By providing Submitted Materials, you represent and warrant that:

• you have all rights, permissions, consents, and authority necessary to provide them and grant the foregoing license;
• the Submitted Materials do not infringe, misappropriate, or otherwise violate any intellectual property, privacy, publicity, confidentiality, or other rights of any third party;
• the Submitted Materials comply with all applicable laws and regulations; and
• the Submitted Materials do not contain unlawful, defamatory, fraudulent, malicious, or harmful content.

10.3 No Endorsement

The submission or availability of any Submitted Materials does not constitute our endorsement, approval, review, or verification of such materials. We are not obligated to monitor Submitted Materials, but we reserve the right to remove, reject, ignore, or report them in our sole discretion.

10.4 Responsibility for Content

You are solely responsible for any Submitted Materials you provide. You agree to indemnify, defend, and hold harmless the Indemnified Parties from and against any claim arising from or relating to your Submitted Materials, including without limitation claims involving intellectual property, privacy, data protection, consumer harm, defamation, contractual liability, or regulatory enforcement.

11.1 Transaction Costs and Fees

Your use of the Products, the Protocol, or any Component may result in the payment of various fees and costs, including, without limitation, gas fees, network fees, transaction execution fees, strategy-related fees, vault-related fees, spreads, liquidity-provider fees, routing-related costs, reserve-related deductions, third-party protocol fees, bridge fees, oracle-related costs, integrator fees, partner fees, and any other charges applicable to the specific interaction or Component.

Depending on the Product, Component, or manner of interaction, the logic governing such fees may be determined by smart contracts, governance decisions, third-party protocols, external integrations, interface settings, or automated execution conditions. In some cases, Multyr, its affiliates, partners, contributors, or third parties may receive all or part of such fees or economic flows, directly or indirectly.

You are solely responsible for reviewing, understanding, and accepting the fee structure applicable to each transaction, Product, Component, strategy, or vault with which you interact.

11.2 Dynamic Nature of Fees

You acknowledge and agree that fees and costs may vary at any time based on factors including, without limitation:

• network congestion;
• blockchain conditions;
• validator or sequencer behavior;
• market volatility;
• liquidity conditions;
• slippage and price impact;
• protocol parameters;
• routing logic;
• strategy conditions;
• third-party fee schedules; and
• governance changes.

Any fee information displayed through the Products may be estimated, delayed, incomplete, stale, or incorrect. We do not guarantee the accuracy, completeness, or usefulness of any fee estimate, displayed APR, projected yield, or transaction simulation.

11.3 No Responsibility for Transaction Costs or Outcomes

To the fullest extent permitted by law, we are not responsible or liable for any losses, costs, damages, or claims arising from or relating to transaction execution or fee mechanics, including without limitation:

• failed, reverted, rejected, replaced, or partially executed transactions;
• unexpected or excessive gas fees;
• inaccurate fee estimates;
• slippage, price impact, market movement, or routing differences;
• delays in execution, confirmation, inclusion, or finality;
• transaction ordering, front-running, back-running, MEV, sandwiching, or related on-chain behaviors;
• failed or delayed withdrawals;
• inability to rebalance or unwind positions as expected; or
• any discrepancy between expected and actual economic outcomes.

11.4 Finality and Irreversibility

Transactions on public blockchains are generally irreversible. Once a transaction has been signed and broadcast to the blockchain, it may not be possible to cancel, reverse, modify, or recover it. All transactions facilitated through the Products or submitted in connection with the Protocol are final and non-refundable, including all fees, gas costs, and digital assets transferred in error or as a result of unauthorized or mistaken actions.

You are solely responsible for reviewing all transaction details before signing and broadcasting a transaction.

12.1 Ownership

Except as otherwise expressly stated, all intellectual property rights in the Products, including text, software, graphics, logos, trade names, trademarks, service marks, domain names, design elements, documentation, compilations, layouts, and other proprietary materials, are owned by or licensed to us and are protected by applicable intellectual property and other laws.

Your use of the Products does not grant you any ownership interest in or to any such rights.

12.2 Restrictions on Use

Except as expressly permitted by these Terms, applicable law, or a separate written license, you may not copy, reproduce, adapt, modify, translate, distribute, sell, lease, sublicense, publicly display, publicly perform, create derivative works of, reverse engineer, or otherwise exploit any proprietary portion of the Products.

Unauthorized use of our intellectual property is strictly prohibited and may result in legal action.

12.3 Open-Source Code and Downloads

Certain software components, repositories, SDKs, scripts, APIs, or downloadable materials made available in connection with the Products may be licensed under separate open-source or other license terms. Your use of such materials is subject to those license terms in addition to these Terms.

Nothing in these Terms limits your rights under any applicable open-source license with respect to code expressly distributed under such a license. However, open-source licensing applicable to code does not grant any right to use our trademarks, trade dress, logos, brand assets, or proprietary interface content except as expressly permitted.

13.1 Privacy Policy

We collect, use, share, and otherwise process personal data in accordance with our Privacy Policy. By using the Products, you acknowledge that you have reviewed the Privacy Policy.

13.2 Blockchain Data

Transactions conducted on public blockchains are public, immutable, and generally beyond our control. Wallet addresses, transaction hashes, token transfers, approvals, interaction histories, and other on-chain data may be publicly accessible and may be linkable, directly or indirectly, to your identity.

You are solely responsible for ensuring that any personal data or sensitive information you choose to include in connection with blockchain activity is minimized and appropriate. We disclaim all liability for any loss, damage, claim, or legal consequence arising from the inclusion, exposure, processing, permanence, visibility, or discoverability of personal or sensitive information on a blockchain.

You acknowledge that we generally cannot alter, delete, or cause the deletion of data recorded on a public blockchain.

13.3 Third-Party Data Handling

Your use of the Products may involve third-party wallet providers, analytics providers, RPC providers, infrastructure providers, messaging platforms, hosting providers, wallet-connectivity providers, or other service providers. Such third parties may collect, process, store, or share data independently of us and are subject to their own terms and privacy practices. We do not control their data handling and disclaim liability for their actions or omissions.

14.1 General Limitation

To the fullest extent permitted by law, the Multyr Foundation, Multyr Labs Ltd, their affiliates, licensors, contributors, contractors, service providers, and each of their respective officers, directors, members, managers, employees, agents, representatives, advisors, and successors (collectively, the “Indemnified Parties”) shall not be liable for any loss, damage, claim, liability, cost, or expense arising from or relating to your access to or use of the Products, your interaction with the Protocol, or your reliance on any information made available through the Products or Protocol.

This exclusion applies regardless of the theory of liability, whether based in contract, tort, negligence, strict liability, statutory duty, restitution, civil liability, equity, or otherwise.

14.2 Excluded Damages

To the fullest extent permitted by law, in no event shall any Indemnified Party be liable for any indirect, incidental, consequential, special, exemplary, punitive, or similar damages, including without limitation damages for loss of profits, loss of business, loss of opportunity, loss of data, loss of goodwill, loss of reputation, business interruption, diminution in value, or loss of digital assets.

14.3 Specific Exclusions

Without limiting the foregoing, we disclaim liability for any losses or damages arising from or relating to:

• acts or omissions of third parties, including hackers, other users, counterparties, integrators, validators, sequencers, miners, wallet providers, node operators, infrastructure providers, oracle providers, bridges, aggregators, or external protocol operators;
• unauthorized access to your wallet, devices, credentials, accounts, or digital assets;
• phishing, malware, social engineering, spoofed interfaces, fake domains, impersonation, or other fraud;
• cyberattacks, denial-of-service attacks, ransomware, malicious code, or other security incidents;
• bugs, vulnerabilities, exploits, logic failures, economic design failures, or smart-contract failures;
• reserve insufficiency, strategy failure, vault failure, allocation failure, delayed or failed rebalancing, or delayed or failed withdrawals;
• market volatility, de-pegging, slippage, price impact, liquidity shortages, collateral impairment, insolvency of third-party protocols, or execution failure;
• inaccurate, delayed, incomplete, or stale data, including displayed balances, fee estimates, APR/APY figures, strategy metrics, or transaction previews;
• transaction ordering, MEV, front-running, back-running, routing issues, failed inclusion, reversion, or blockchain congestion;
• forks, chain reorganizations, consensus failures, validator or sequencer failures, bridge failures, or cross-chain issues;
• regulatory actions, sanctions-related consequences, tax consequences, or compliance failures;
• any modification, suspension, discontinuance, or unavailability of any Product or Component; and
• your violation of these Terms or of applicable law.

14.4 Liability Cap

To the fullest extent permitted by law, the total aggregate liability of all Indemnified Parties for any claim arising out of or relating to the Products, the Protocol, or these Terms shall not exceed the greater of:

1. USD 1,000; or 2. the total amount of fees, if any, paid by you directly to us for access to or use of the Products during the twelve (12) months immediately preceding the event giving rise to the claim.

For the avoidance of doubt, amounts paid to blockchain validators, miners, sequencers, liquidity providers, third-party protocols, or third-party service providers do not constitute fees paid to us unless expressly stated otherwise.

14.5 As-Is / As-Available

The Products and any information, code, or functionality made available through them are provided on an “as is” and “as available” basis without warranties of any kind. To the fullest extent permitted by law, all warranties, express, implied, statutory, or otherwise, including implied warranties of merchantability, fitness for a particular purpose, title, quiet enjoyment, accuracy, and non-infringement, are disclaimed.

15.1 Scope of Indemnity

In addition to all other indemnification obligations set forth in these Terms, you agree to indemnify, defend, and hold harmless the Indemnified Parties from and against any and all claims, liabilities, damages, losses, judgments, settlements, penalties, fines, taxes, costs, and expenses, including reasonable attorneys’ fees and expenses, arising out of or relating to:

• your access to or use of the Products or interaction with the Protocol;
• your use, creation, deployment, configuration, promotion, or operation of any Component;
• digital assets associated with your wallet addresses;
• your products, services, interfaces, or integrations built on, with, or around the Products or Protocol;
• your Submitted Materials, feedback, content, data, code, strategy proposals, or communications;
• your violation or alleged violation of these Terms;
• your violation of any applicable law, regulation, sanctions regime, tax obligation, or governmental requirement;
• your infringement, misappropriation, or violation of the rights of any third party;
• claims by your users, customers, counterparties, or business partners; and
• any investigation, inquiry, or enforcement action arising from your conduct.

15.2 Control of Defense

The Indemnified Parties shall have the right to control the defense, settlement, and disposition of any claim subject to indemnification under these Terms, including the right to select counsel. You agree to cooperate fully in the defense of any such claim and not to settle any matter without the prior written consent of the relevant Indemnified Parties where such settlement would impose any admission, liability, or obligation on any Indemnified Party.

15.3 Third-Party Enforcement Rights

Each Indemnified Party that is not a direct signatory to these Terms is intended to be a third-party beneficiary of this Section and may enforce its rights under this Section as if it were a party to these Terms.

16.1 Governing Law

These Terms and any dispute, claim, controversy, or cause of action arising out of or relating to these Terms, the Products, the Protocol, or the relationship between you and us shall be governed by and construed in accordance with the laws of Panama, without regard to conflict-of-laws principles.

16.2 Mandatory Binding Arbitration

Except for disputes that applicable law requires to be resolved in a court of competent jurisdiction and except for claims seeking injunctive or equitable relief relating to intellectual property misuse, breach of confidentiality, or unauthorized access to systems, any dispute, claim, or controversy arising out of or relating to these Terms, the Products, the Protocol, or your relationship with us (each, a “Dispute”) shall be finally resolved by binding individual arbitration.

The seat of arbitration shall be Geneva, Switzerland. The arbitration shall be conducted in the English language before a single arbitrator. The proceedings shall be confidential to the fullest extent permitted by law, and the parties, arbitrator, and any administrator shall keep confidential the existence of the arbitration, all submissions, all evidence, and any award, except to the extent disclosure is required by law or necessary to enforce the award.

The arbitrator shall have authority to determine issues of arbitrability, jurisdiction, interpretation, formation, validity, enforceability, and scope of this arbitration agreement, except to the extent prohibited by law.

16.3 Individual Arbitration Only

Any arbitration shall be conducted solely on an individual basis. No class arbitration, class action, consolidated action, mass action, representative action, or private attorney general action shall be permitted. You and we each waive any right to bring or participate in any such proceeding.

16.4 Waiver of Jury Trial

To the fullest extent permitted by law, you and we each waive any right to a trial by jury in any matter arising out of or relating to these Terms, the Products, or the Protocol.

16.5 Class Action Waiver

You agree that any Dispute must be brought solely in your individual capacity and not as a plaintiff or class member in any purported class, collective, coordinated, consolidated, or representative proceeding. The arbitrator may not consolidate more than one person’s claims and may not preside over any form of representative or class proceeding.

16.6 Limitation Period

To the fullest extent permitted by law, any claim or cause of action arising out of or relating to these Terms, the Products, or the Protocol must be commenced within twelve (12) months after the claim arose, or after you became aware, or reasonably should have become aware, of the facts giving rise to the claim, whichever is later. Any claim not brought within that time is permanently barred.

16.7 Non-Arbitrable Disputes

If, notwithstanding this Section, a Dispute is held by a court or tribunal of competent jurisdiction to be non-arbitrable, then such Dispute shall be brought exclusively before the competent courts of Geneva, Switzerland, and each party irrevocably submits to the jurisdiction of those courts for that limited purpose, unless applicable law requires otherwise.

17.1 Termination by Us

We may, in our sole discretion, suspend, restrict, discontinue, or terminate your access to any Product, in whole or in part, at any time, with or without notice, for any reason or no reason, including if we believe that:

• you have breached these Terms;
• you may present a legal, sanctions, compliance, reputational, or security risk;
• your use may harm us, other users, counterparties, or infrastructure;
• continued availability is not commercially, technically, or legally feasible; or
• we are required or advised to do so by law, regulation, court order, or authority.

17.2 Effect of Termination

Upon termination, all rights granted to you under these Terms with respect to the affected Products will immediately cease. You must discontinue all use of the affected Products. Termination of access to Products does not reverse or cancel blockchain transactions and does not affect the autonomous operation of any on-chain Component.

17.3 No Liability for Termination or Discontinuance

We shall not be liable to you or any third party for any suspension, restriction, modification, discontinuance, or termination of any Product, interface, integration, or related service.

The following provisions shall survive any expiration or termination of these Terms or your use of the Products: Sections 1.4, 3, 4, 5, 7, 8, 10, 11, 12, 14, 15, 16, 17.3, 18, 19, and any other provision that by its nature should survive termination, including without limitation provisions relating to disclaimers, assumption of risk, releases, limitation of liability, indemnification, dispute resolution, class action waiver, governing law, and intellectual property protections.

19.1 Entire Agreement

These Terms, together with the Risk Disclosures, Privacy Policy, and any other terms or notices incorporated by reference, constitute the entire agreement between you and us with respect to the subject matter hereof and supersede all prior or contemporaneous understandings, communications, proposals, and agreements, whether oral or written, relating to such subject matter.

19.2 Severability

If any provision of these Terms is held to be invalid, illegal, unenforceable, or incapable of being enforced in any respect, such provision shall be modified to the minimum extent necessary to make it valid and enforceable, while preserving the original intent as closely as possible. If such modification is not possible, the provision shall be severed, and the remaining provisions shall remain in full force and effect.

19.3 Waiver

No failure or delay by us in exercising any right, power, or remedy under these Terms shall operate as a waiver thereof. Any waiver must be in writing and signed by an authorized representative of Multyr. A waiver of any breach shall not constitute a waiver of any other or subsequent breach.

19.4 Assignment

You may not assign, transfer, delegate, or otherwise dispose of any of your rights or obligations under these Terms without our prior written consent. Any attempted assignment in violation of the foregoing is null and void. We may assign, transfer, delegate, or otherwise dispose of our rights or obligations under these Terms, in whole or in part, without restriction.

19.5 Force Majeure

We shall not be liable for any delay, failure, interruption, or impairment of performance resulting from events beyond our reasonable control, including without limitation acts of God, natural disasters, war, terrorism, civil unrest, riots, labor disputes, pandemics, epidemics, governmental actions, sanctions changes, embargoes, supply shortages, failure of communications networks, internet outages, blockchain failures, validator or sequencer outages, denial-of-service attacks, infrastructure provider failures, power outages, or failures of third-party service providers.

19.6 Language

These Terms are provided in English, which shall be the official and controlling language for all purposes. Any translation is provided for convenience only. In the event of any inconsistency between the English version and a translation, the English version shall prevail.

19.7 Notices

You agree that we may provide notices, disclosures, and communications to you electronically, including by posting them on the Products, through the interface, by email if available, or through other electronic means. You agree that such electronic communications satisfy any legal requirement that communications be in writing.

If you have questions regarding these Terms or need to send a legal notice, you may contact:

Multyr Foundation Panama Email: info@multyr.fi

Additional or updated contact information may be provided through the Products from time to time.

By accessing or using the Products, you acknowledge that you have read, understood, and agreed to be bound by these Terms, as well as the Risk Disclosures and Privacy Policy incorporated herein by reference.