"Service" means the EBK Intelligence managed trading vault, including all associated software, smart contracts, APIs, websites, and infrastructure operated at ebk.tech and related domains.
"Operator" means the individual(s) or entity operating the Service.
"User," "you," "your" means any person or entity that accesses, deposits into, or otherwise uses the Service.
"Vault" means the custodial trading wallet system through which User assets are managed.
"Digital Assets" means USDC.e, conditional tokens, and any other blockchain-based tokens handled by the Service.
"NAV" means Net Asset Value, calculated as the sum of USDC.e balances and mark-to-market value of open positions in a User's trading wallet.
"HWM" means High-Water Mark, the highest NAV previously achieved by a User's account, used for performance fee calculation.
The Service is experimental software that uses artificial intelligence and machine learning algorithms to execute trades on third-party prediction markets (currently Polymarket, operating on Polygon). The trading algorithms, including but not limited to the multi-agent LLM ensemble system, are under active development and have NOT been audited by any independent third party.
Nothing provided through the Service constitutes investment advice, financial advice, trading advice, legal advice, tax advice, or any other form of professional advice. The Operator is not a registered investment adviser, broker-dealer, commodity trading advisor, or any equivalent regulated entity in any jurisdiction. The Service does not provide personalized investment recommendations.
The Service is not a mutual fund, hedge fund, investment company, or any equivalent regulated collective investment scheme. Users do not acquire any equity interest, partnership interest, or other ownership stake in any entity by using the Service. The Operator makes no representation that the Service complies with the securities, commodities, or financial services laws of any jurisdiction.
When you deposit Digital Assets into the Vault, those assets are transferred to a custodial wallet controlled by the Operator. The Operator holds the private keys to your trading wallet. This means the Operator has full control over your deposited assets. You are trusting the Operator with custody of your funds.
You may lose the entire amount of Digital Assets you deposit into the Vault. There is no insurance, guarantee, or backstop of any kind. The Operator does not guarantee any return of principal, any minimum return, or any specific performance outcome.
The Service uses automated trading algorithms that may:
The Service interacts with third-party smart contracts and protocols including but not limited to Polymarket's Conditional Token Framework (CTF), the Central Limit Order Book (CLOB), the Polygon blockchain, and USDC.e. Any of these may contain bugs, vulnerabilities, or design flaws that could result in loss of funds. The Operator has no control over and makes no representations about the security or reliability of these third-party systems.
Because the Operator holds private keys to your trading wallet:
There is no deposit insurance, no FDIC coverage, no SIPC coverage, and no equivalent protection of any kind.
Prediction markets involve binary outcomes. Positions can go to zero instantaneously upon market resolution. Markets may resolve incorrectly or controversially. The oracle system (UMA Optimistic Oracle) may produce disputed or incorrect outcomes. Market manipulation by third parties is possible.
The Polygon network may experience congestion, outages, reorganizations, hard forks, or other disruptions. Transactions may fail, be delayed, or be reordered. Gas costs may spike unexpectedly. The Polygon network or its validators may be compromised.
USDC.e is a bridged stablecoin on Polygon. It may depeg from the US dollar. The issuer (Circle) may freeze, blacklist, or seize USDC or USDC.e tokens. The bridge between Ethereum and Polygon may be compromised.
The legal status of prediction markets, digital asset trading, and algorithmic trading services varies by jurisdiction and is subject to change. The Service, Polymarket, or components thereof may become prohibited or restricted in your jurisdiction without notice. You may be subject to enforcement actions by regulatory authorities. The Operator may be required to freeze, seize, or disclose information about your account.
The Polymarket CLOB is operated by a centralized entity. If Polymarket ceases operations, is hacked, or is shut down by regulators, open positions may become illiquid or worthless. The Operator has no control over Polymarket's operations or solvency.
Some prediction markets have low liquidity. The Service may be unable to enter or exit positions at desired prices. Withdrawal processing may be delayed if positions must be liquidated in illiquid markets.
The current fee schedule is:
Fees are accrued daily and deducted from the User's account upon withdrawal or during periodic settlement (currently monthly). The performance fee is calculated on a high-water mark basis, meaning the Operator only charges performance fees on new net profits above the highest previous NAV.
The Operator reserves the right to modify the fee schedule at any time. The Operator will make reasonable efforts to provide notice of fee changes, but is not obligated to do so. Continued use of the Service after a fee change constitutes acceptance of the new fee schedule. Fee changes apply prospectively and do not affect previously accrued fees.
Fees once charged are non-refundable, regardless of subsequent performance.
Deposits are accepted exclusively in USDC.e on the Polygon network. The minimum deposit is $100 USDC.e. Deposits are auto-detected and credited to the User's account upon on-chain confirmation. Sending tokens other than USDC.e, or sending on the wrong network, will result in permanent loss of those tokens. The Operator is not responsible for tokens sent incorrectly.
Users may request withdrawal of all or a portion of their account balance at any time. The Operator will process withdrawal requests within 24 hours under normal conditions. However, the Operator reserves the right to delay withdrawals if:
The withdrawal amount received will be the requested amount minus any accrued and unpaid fees (management and performance). The Operator may also deduct estimated gas costs for the withdrawal transaction.
The Operator does not guarantee that the full withdrawal amount will be available at any given time. If a significant portion of the User's capital is deployed in open prediction market positions, the Operator may need to liquidate those positions before processing the withdrawal, which may result in slippage or losses.
By using the Service, you represent and warrant that:
You are solely responsible for determining and fulfilling your tax obligations arising from your use of the Service, including but not limited to income tax, capital gains tax, value-added tax, goods and services tax, and any other tax imposed by any jurisdiction. The Operator does not provide tax advice, does not withhold taxes, does not issue tax forms (such as 1099s, K-1s, or equivalents), and has no obligation to do so. You should consult a qualified tax professional in your jurisdiction.
THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, ACCURACY, OR RELIABILITY. THE OPERATOR DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE OPERATOR, ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO DAMAGES FOR LOSS OF PROFITS, GOODWILL, DATA, DIGITAL ASSETS, OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF OR INABILITY TO USE THE SERVICE, REGARDLESS OF THE THEORY OF LIABILITY AND EVEN IF THE OPERATOR HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE OPERATOR'S TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THE SERVICE SHALL NOT EXCEED THE TOTAL AMOUNT OF FEES ACTUALLY PAID BY YOU TO THE OPERATOR IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM.
THE LIMITATIONS AND DISCLAIMERS IN THIS SECTION FORM AN ESSENTIAL BASIS OF THE BARGAIN BETWEEN YOU AND THE OPERATOR. THE OPERATOR WOULD NOT PROVIDE THE SERVICE WITHOUT THESE LIMITATIONS.
You agree to indemnify, defend, and hold harmless the Operator and its affiliates, officers, directors, employees, agents, and licensors from and against any and all claims, liabilities, damages, losses, costs, expenses, and fees (including reasonable attorneys' fees) arising out of or relating to:
These Terms shall be governed by and construed in accordance with the laws of the Cayman Islands, without regard to its conflict of law principles.
Any dispute, controversy, or claim arising out of or relating to these Terms or the Service shall be finally resolved by binding arbitration administered under the rules of the International Chamber of Commerce (ICC). The arbitration shall be conducted by a single arbitrator. The seat of arbitration shall be George Town, Grand Cayman, Cayman Islands. The language of arbitration shall be English. The arbitrator's decision shall be final and binding and may be enforced in any court of competent jurisdiction.
YOU AGREE THAT ANY DISPUTE RESOLUTION PROCEEDINGS WILL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS AND NOT IN A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION. If for any reason a claim proceeds in court rather than in arbitration, you waive any right to a jury trial.
Any claim arising out of or relating to these Terms or the Service must be filed within one (1) year after the cause of action arose. Claims filed after this period are permanently barred.
You may terminate your use of the Service at any time by requesting withdrawal of all your assets and ceasing to use the Service.
The Operator may suspend or terminate your access to the Service at any time, for any reason or no reason, with or without notice. Upon termination, the Operator will make reasonable efforts to return your remaining assets (after deduction of accrued fees) within a reasonable timeframe, but is not obligated to do so on any specific timeline.
Sections 3 (Risk Disclosures), 7 (Tax Obligations), 8 (Limitation of Liability), 9 (Indemnification), 10 (Dispute Resolution), and this Section 11.3 shall survive termination.
The Operator shall not be liable for any failure or delay in performing its obligations under these Terms if such failure or delay results from circumstances beyond the Operator's reasonable control, including but not limited to: acts of God, natural disasters, pandemics, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, strikes, shortages of transportation, facilities, fuel, energy, labor, or materials, failure of telecommunications or information systems, blockchain network failures or congestion, smart contract failures, regulatory actions, cyberattacks, exchange outages, stablecoin depegging events, or bridge failures.
These Terms constitute the entire agreement between you and the Operator with respect to the Service and supersede all prior agreements, understandings, and communications.
The Operator may modify these Terms at any time. The "Last Updated" date at the top of these Terms will be revised. Continued use of the Service after any modification constitutes acceptance of the modified Terms. If you do not agree to the modified Terms, you must stop using the Service and withdraw your assets.
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
The failure of the Operator to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.
You may not assign or transfer your rights or obligations under these Terms without the Operator's prior written consent. The Operator may assign its rights and obligations without restriction.
These Terms do not create any third-party beneficiary rights.
You consent to receiving communications from the Operator electronically. You agree that all agreements, notices, disclosures, and other communications provided electronically satisfy any legal requirement that such communications be in writing.
For questions about these Terms or the Service, contact the Operator via the communication channels provided on the website.