Terms of Services
Knidos.xyz Terms of Service
Effective Date: 04.06.2025 Legal Entity: Knidos Labs AG, a company incorporated in Zug, Switzerland
1. Introduction
These Terms of Service ("Terms") govern the access and use of the services offered by Knidos.xyz ("Knidos", "KnidosLabs", "we", "our", "us"), including AI-powered digital asset investment strategies. By using our Platform, you acknowledge that you have read, understood, and agreed to be bound by these Terms and our Privacy Policy.
2. Legal Framework
These Terms are designed in accordance with the Swiss Federal Act on Data Protection (FADP), the Swiss Code of Obligations, and to the extent applicable, the Markets in Crypto-Assets (MiCA) Regulation of the European Union. Knidos Labs AG does not provide services to residents or entities in restricted jurisdictions, including but not limited to the United States and any countries subject to international sanctions.
3. Services Overview
Knidos provides:
Access to AI-powered digital asset investment strategies.
Automated portfolio management and trading systems.
Real-time analytics, data ingestion, and execution protocols.
Knidos does not guarantee profitability or performance. All services are experimental and offered “as is.”
Knidos does not guarantee profitability or performance. All services are experimental and provided “as is”.
Ownership and economic interest: You remain the economic owner of the assets you deposit into the vaults. Knidos does not operate as a bank or traditional custodian. To enable automated trading and settlement, the Platform uses smart contracts and MPC/Multi-signature technical infrastructures that can move assets between vault contracts, execution wallets and approved trading venues on a limited and predefined basis.
You may request withdrawal of your principal and proportional profit in accordance with the smart contract logic of the relevant vault, including any applicable lock up or settlement period. Until your withdrawal request is processed and the claim is executed on chain, your assets remain allocated to the vault strategy and you bear the associated risks.
Vault Shares represent a pro rata economic claim on the vault’s assets and realised profits. They do not represent equity in Knidos Labs AG and they do not confer voting rights unless explicitly stated in a separate governance document.
Automated trading and execution may involve third party protocols, off exchange settlement mechanisms and custody adjacent infrastructure. By using the Platform, you accept that such mechanisms may create additional technical, market and counterparty risks.
4. Eligibility and Jurisdictional Restrictions
By using our Platform, you represent and warrant that:
You are at least 18 years old.
You are not a resident or citizen of any jurisdiction where the use of crypto or decentralized finance services is prohibited.
You are not subject to any economic sanctions or restrictions.
Knidos reserves the right to geo-block or restrict access where regulatory compliance is required.
5. No Financial Advice
All materials and services provided by Knidos are for informational purposes only and do not constitute investment, legal, or tax advice. Knidos is not a registered investment advisor, asset manager, or broker-dealer.
6. User Responsibilities
Users must:
Provide accurate and complete information.
Maintain the confidentiality of private keys and login credentials.
Use the Platform in compliance with applicable laws.
Avoid reverse engineering or interfering with smart contracts or AI systems.
7. Token Usage
Any utility or governance token issued by Knidos shall be subject to additional terms. Such tokens shall not confer equity, voting rights (unless stated), or claim over profits. Users shall not treat such tokens as securities unless otherwise classified by applicable law.
8. Risk DisclosureVaults, Custody and Execution Layer
8.1 Vault structure The Platform allows you to deposit supported digital assets into smart contract based vaults that follow the ERC-4626 standard or similar logic. In return you receive Vault Shares that track your pro rata interest in the vault’s assets and performance, net of any applicable fees.
8.2 Limited custody and execution control Assets deposited into a vault are held in smart contracts and, where necessary for execution, in segregated wallets or MPC based accounts provided by third party infrastructure providers. Knidos controls the technical execution layer that routes assets between vault contracts, execution wallets and approved trading venues solely for the purpose of implementing the strategies of the vaults.
Under normal operating conditions assets cannot be transferred to arbitrary destinations and may only be moved in accordance with predefined strategy logic, whitelists or protocol rules. However, you acknowledge that this structure may qualify as a form of limited custody or financial intermediation under applicable law.
8.3 Withdrawal and claim You may request withdrawal of your position from a vault subject to the vault’s rules, including any lock up or settlement period that is disclosed in the interface or documentation. When a withdrawal request is processed the smart contract will calculate your claimable amount, deduct any applicable performance or protocol fees and make the remaining amount available for you to claim to your own wallet. Protocol fees are deducted only user claims their own position. Till then protocol fees are locked in contract.
8.4 Performance fees Where a performance fee applies, it is enforced by smart contract logic at the time of withdrawal or claim. Performance fees are paid to the Knidos treasury wallet or other designated address as disclosed in the interface and documentation. Such fees compensate Knidos for providing the Platform and operating the execution layer. They do not create any partnership, joint venture or fiduciary relationship between you and Knidos.
9. Risk Disclosure
You understand and agree that:
Digital assets are highly volatile.
There is a risk of total loss.
AI strategies involve execution errors and limitations.
Smart contracts may have vulnerabilities.
Regulatory changes may affect the legality and operation of the services.
10. Fees and Pricing
Fees, including but not limited to performance, management, and transaction fees, will be transparently disclosed on the Platform. Knidos reserves the right to update fee structures with prior notice.
11. Intellectual Property
All content, trademarks, AI models, interfaces, and data pipelines on Knidos.xyz are the property of Knidos Labs AG or its licensors. Unauthorized use is strictly prohibited.
12. Third-Party Services and Protocols
Knidos may integrate or interact with third-party applications and protocols. We do not control or assume liability for third-party content, performance, or security.
13. Termination
We reserve the right to suspend or terminate access to the Platform:
For violations of these Terms.
In response to legal or regulatory action.
Due to abnormal behavior or suspected malicious activity.
14. Limitation of Liability
To the maximum extent permitted under Swiss law, Knidos Labs AG shall not be liable for:
Any indirect or consequential loss.
Errors or delays in execution.
Downtime, bugs, or smart contract exploits.
Services are provided “as is” without any warranty.
15. Dispute Resolution and Jurisdiction
These Terms shall be governed by the laws of Switzerland. Any disputes arising from or related to these Terms shall be subject to the exclusive jurisdiction of the competent courts of Zug, Switzerland.
16. Modifications to Terms
We may update these Terms periodically. Users will be notified of material changes. Continued use of the Platform constitutes acceptance of the revised Terms.
17. Contact Information
Knidos Labs AG Zug, Switzerland Email: hello@knidos.xyz
Last updated