Terms of Use

Table of Contents

1. Nature of the Protocol

These Terms govern your interaction with AIONET, a decentralized autonomous organization (“DAO”) and an open-source, blockchain-based protocol composed exclusively of autonomous smart contracts deployed on the Sui Network (the “Protocol”).

AIONET does not operate as a company, corporation, foundation, partnership, or registered legal entity in any jurisdiction. There is no central operator, administrator, owner, or controlling party.

The Protocol is permissionless, non-custodial, and autonomous. All logic related to execution, allocation, settlement, accounting, and state transitions is performed exclusively by smart contracts.

No individual, contributor, developer, validator, governance participant, or interface provider has the ability to access, control, pause, modify, reverse, or recover user assets.

2. No Custody; No Control of Assets

At no time does AIONET take custody, possession, or control of digital assets. Users interact with the Protocol solely through self-hosted wallets and retain exclusive control over private keys.

AIONET cannot access, move, freeze, redirect, or recover assets under any circumstances, including loss of keys, user error, smart contract behavior, or network failure.

3. Autonomous Execution; Irreversibility

All transactions executed through the Protocol are final and irreversible once confirmed on the Sui blockchain. Blockchain transactions cannot be undone, cancelled, or rolled back. Erroneous or unintended interactions may result in permanent loss of assets.

4. User Responsibility and Assumption of Risk

You bear full and sole responsibility for:

• understanding the Protocol and smart contract logic;
• evaluating risks associated with blockchain systems;
• managing wallet security and private keys;
• reviewing code, documentation, and parameters;
• complying with any applicable laws or tax obligations.

Participation constitutes an explicit assumption of all risks, including the risk of total and irreversible loss of assets.

5. No Investment, Financial, or Advisory Services

AIONET does not provide investment advice, financial services, portfolio management, brokerage, custody, execution, or any regulated activity. Nothing made available through the Protocol constitutes advice, recommendations, endorsements, or guarantees of any kind.

6. No Expectation of Profit

Users must not expect profits, yields, returns, capital appreciation, or economic benefit. Any references to mechanisms, strategies, or system behavior are purely descriptive and do not imply profitability.

7. Risk of Total Loss

Participation may result in partial or total loss of assets. Losses may arise from smart contract vulnerabilities, economic design flaws, oracle failures, governance decisions, validator behavior, network congestion, or user error.

8. Disclaimer of Warranties

The Protocol is provided “AS IS” and “AS AVAILABLE”, without warranties of any kind, express or implied, including security, reliability, or fitness for purpose.

9. Limitation of Liability

To the maximum extent permitted by law, AIONET shall not be liable for any loss of assets, loss of value, data, opportunities, or profits, or any indirect or consequential damages. Under no circumstances shall AIONET or any participant be required to reimburse or compensate users for losses.

10. No Agency; No Fiduciary Duties

No agency, partnership, fiduciary, or employment relationship is created by these Terms. Users interact with the Protocol independently and at arm’s length. No duty of care or loyalty is owed.

11. Indemnification

You agree to indemnify and hold harmless contributors, developers, interface providers, and governance participants from claims arising from your interaction with the Protocol.

12. Regulatory Status

AIONET is a decentralized software protocol and DAO. It is not licensed, registered, or regulated as a financial institution, exchange, or service provider. Users are solely responsible for determining legality of participation in their jurisdiction.

ANNEX I — Vault-Specific Risk Disclosure

Vaults are autonomous smart contracts executing predefined logic. They are not managed accounts, investment products, or collective investment schemes. Participation is initiated solely by users. AIONET does not recommend or endorse any Vault.

• total or partial loss of assets may occur;
• smart contract bugs, vulnerabilities, or exploits;
• unexpected economic behavior or strategy failure;
• market volatility, slippage, liquidity shortages, or withdrawal constraints;
• oracle, validator, or network failures.

No insurance, guarantees, or capital protection exist.

ANNEX II — Aura Points & Closed-Loop Loyalty System

Aura Points are a closed-loop, non-transferable, non-financial loyalty and participation mechanism. Aura Points are not tokens, cryptocurrencies, securities, or assets of any kind and have no monetary or exchange value.

Aura Points cannot be transferred, sold, redeemed, or exchanged. Aura Points may be modified, reset, or discontinued at any time and may expire without notice. No rights, expectations, or claims arise from accumulation or use of Aura Points. Navigation: Read more