Agent Wallet Agreement
Plain summary: an agent wallet is experimental software, not a bank account. Anything you or anyone else deposits into one can be lost, completely and permanently, for reasons that include bugs, hacks, autonomous agent decisions, third-party failures, and the Service shutting down. Nothing is insured. We do not guarantee that funds can be withdrawn or recovered.
AXIS is not responsible for any loss of funds held in, sent to, or sent from an agent wallet, for any reason. If you do not accept that, do not deposit.
This Agent Wallet Agreement ("Agreement") is a binding contract between you and the operator of AXIS ("AXIS", "we", "us", "our"). It governs every agent wallet on the AXIS service ("Service"), and every deposit, transfer, trade, payment, or other movement of funds or digital assets into, out of, or by an agent wallet. It is part of, and incorporated into, the Terms of Service ("Terms"), and it is read together with the Risk Disclosure. If this Agreement conflicts with the Terms on a matter concerning agent wallets, this Agreement controls.
Capitalized terms not defined here have the meaning given in the Terms. Read this Agreement in full before depositing. The English version controls over any translation.
1. Definitions
- "Agent Wallet" means any blockchain address the Service generates for, assigns to, or associates with an agent, avatar, swarm, vault, master wallet, or other object on the Service, on any chain, together with the software that controls it.
- "Deposit" means any transfer of ETH, USDC, $AXIS, or any other token, coin, NFT, or digital asset to an Agent Wallet address, by any person, by any means, whether through the Service's interface, a QR code, a wallet app, an exchange withdrawal, a smart contract, or a direct on-chain transfer.
- "Owner" means the account that controls the agent to which an Agent Wallet belongs.
- "Depositor" means any person who makes a Deposit, whether or not that person is the Owner or has an account.
- "Funds" means all assets held at, sent to, or sent from an Agent Wallet.
2. Experimental technology
Agent Wallets are an experiment in autonomous, agent-controlled on-chain software. They are provided "as is" and "as available", with all faults, and without warranties of any kind. They are under active development, may behave in ways nobody anticipated, and may change, be suspended, or be discontinued at any time. You acknowledge that you are choosing to use unproven technology, that you understand what that means, and that you are not relying on any statement by us, anywhere, that Agent Wallets are safe, secure, reliable, or fit for any purpose.
3. Not a bank, not insured, not an investment
- An Agent Wallet is not a bank account, deposit account, savings account, escrow, trust, or investment account. We are not a bank, broker, custodian bank, trustee, fiduciary, or investment adviser to you, and no fiduciary, trust, bailment, or escrow relationship arises from a Deposit.
- Funds are not insured by the FDIC, SIPC, any deposit-guarantee scheme, or any government agency or private insurer, anywhere in the world.
- Funds earn no interest from us, and nothing on the Service promises a return.
- Each Agent Wallet is a public on-chain address. The blockchain's record of that address is the only authoritative record of what it holds; balances shown in the Service's interface are informational and may be delayed or wrong.
4. How custody works, and what that exposes you to
Agent Wallets are custodial. Their private keys are generated and held, in encrypted form, by the Service so that agents can sign transactions without asking you. That design exposes Funds to risks that include, without limitation:
- Software defects in the Service, its dependencies, or the programs it interacts with, which can send Funds to the wrong place, in the wrong amount, or at the wrong time.
- Security incidents, including intrusion into our systems or a provider's, theft or disclosure of key material, insider misuse, and attacks on the libraries and infrastructure we depend on.
- Loss of key material, including through encryption-key rotation errors, data corruption, or the loss of the secrets needed to decrypt a stored key. A wallet whose key cannot be decrypted cannot sign, and its Funds may be permanently inaccessible.
- Autonomous action by agents, strategies, snipers, autopilot, and delegated spending, which can trade, pay, or transfer Funds without asking again, including at a loss, while operating exactly as designed.
- Blockchain and third-party failure, including network halts, congestion, reorganizations, fee spikes, RPC and indexer outages, DEX, bridge, and launchpad failures, stablecoin de-pegs, token freezes or blacklisting by an issuer, and changes to the rules of any chain or protocol.
- Market loss: the value of any asset can fall to zero.
- Service discontinuation: the Service, or the Agent Wallet feature, may be shut down, temporarily or permanently, with or without notice.
Guardrails such as spend limits, freezes, allowlists, custody proofs, and risk officers are best-effort software controls. They reduce some risks. They do not eliminate any, and they can fail.
5. Deposits are made entirely at the Depositor's own risk
- Every Deposit is voluntary and at the sole risk of the Depositor. By making a Deposit, by any means, you accept this Agreement, whether or not you have an account, whether or not you clicked anything, and whether or not you read it first.
- Deposits are irreversible. We cannot cancel, reverse, or refund a Deposit. A Deposit to the wrong address, on the wrong chain, of an unsupported asset, or in the wrong amount may be permanently lost, and we have no obligation to recover it.
- Depositing into someone else's agent is a gift to that agent. A Depositor who funds an agent they do not own gives up all control of those Funds. The Owner and the agent decide what happens to them. The Depositor acquires no ownership, share, claim, return, refund right, or say in how the Funds are used, and has no claim against us for how they are used.
- Unsupported assets. Only assets the Service explicitly displays are supported. Anything else sent to an Agent Wallet may be invisible to the Service and unrecoverable.
- Keep balances small. Deposit only what you are actively using and can afford to lose entirely without hardship.
6. No guarantee of access, withdrawal, or recovery
We do not guarantee that you will be able to access, withdraw, move, or recover any Funds at any time. Withdrawals and transfers may be delayed, limited, or impossible because of any of the risks in Section 4, because of a freeze or spend limit, because of legal process, or because we suspend an account or agent. We have no obligation to operate recovery tools, to rescue Funds from a wallet that cannot sign, to compensate you for Funds that cannot be reached, or to keep the Service running so that you can withdraw. If we discontinue Agent Wallets, we will make reasonable efforts to give notice and a window to withdraw where we can, but we do not promise either, and our failure to provide them does not make us liable for any loss.
7. Your responsibilities
- You are responsible for every setting you choose and every agent, strategy, sniper, autopilot, delegation, and integration you enable, and for everything it does with Funds.
- You are responsible for securing your account, sessions, API keys, and connected wallets. Actions taken with your credentials are treated as yours.
- You are responsible for confirming addresses, chains, and amounts before sending anything.
- You are responsible for your own taxes, record-keeping, and legal compliance, including securities, commodities, anti-money-laundering, sanctions, and exchange-control laws where you live.
- You will not use an Agent Wallet for any unlawful purpose, to hold proceeds of crime, to evade sanctions, or on behalf of anyone else in a way that would breach the Terms.
8. Eligibility
You may use or deposit into an Agent Wallet only if you are at least 18 years old, of legal age to form a binding contract where you live, not located in or a resident of a jurisdiction subject to comprehensive United States sanctions, not on any restricted-party list, and permitted by the laws that apply to you to do so. By accepting this Agreement or making a Deposit, you represent that each of these is true.
9. Assumption of risk and release
You expressly assume all risks of using Agent Wallets and of making Deposits, known and unknown, including every risk described in this Agreement and in the Risk Disclosure. To the maximum extent permitted by law, you release AXIS, its operator, owners, contributors, affiliates, service providers, and their respective officers, employees, and agents (the "Released Parties") from all claims, demands, and damages of every kind, known and unknown, arising out of or related to any Agent Wallet, Deposit, or Funds, including any loss of Funds. If you are a California resident, you waive California Civil Code Section 1542, which says: "A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party." You waive any similar law in any other jurisdiction.
10. No liability for loss of funds
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE RELEASED PARTIES ARE NOT RESPONSIBLE AND SHALL HAVE NO LIABILITY WHATSOEVER FOR ANY LOSS, THEFT, FREEZING, DEVALUATION, OR INACCESSIBILITY OF ANY FUNDS, OR FOR ANY OTHER DAMAGES ARISING OUT OF OR RELATED TO AGENT WALLETS, DEPOSITS, OR FUNDS, HOWEVER CAUSED, INCLUDING BY SOFTWARE DEFECTS, SECURITY INCIDENTS, LOSS OF KEY MATERIAL, AGENT BEHAVIOR, MARKET MOVEMENTS, THIRD-PARTY OR BLOCKCHAIN FAILURES, OR DISCONTINUATION OF THE SERVICE, AND WHETHER THE CLAIM IS BASED ON CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, STATUTE, OR ANY OTHER THEORY, EVEN IF WE WERE ADVISED OF THE POSSIBILITY OF THE LOSS.
Where applicable law does not allow a liability to be fully excluded, that liability is limited to the smallest amount the law permits, and in any case is subject to the cap in the Limitation of Liability section of the Terms. Nothing in this Agreement excludes liability that cannot be excluded by law.
11. Indemnification
You will defend, indemnify, and hold harmless the Released Parties from any claim, loss, liability, penalty, and expense (including reasonable attorneys' fees) arising out of your use of an Agent Wallet, your Deposits, anything an agent you control does with Funds, your breach of this Agreement, or your violation of any law or third-party right.
12. Suspension, freezing, and compliance
We may, without liability, suspend an agent or account, restrict or freeze an Agent Wallet's ability to sign, decline or halt a transaction, or disable a feature, where we believe it is necessary to protect the Service or its users, to respond to a suspected security incident or abuse, or to comply with law, legal process, or a governmental request. We may disclose information about Agent Wallets and Funds where the law requires it.
13. Electronic signature and records
You agree that checking the acceptance boxes, typing your name, and pressing the sign button constitutes your electronic signature, has the same legal effect as a handwritten signature, and satisfies any requirement that this Agreement be in writing or signed, under the U.S. Electronic Signatures in Global and National Commerce Act and any similar law. We record each signature with the name you typed, the versions of the agreements you signed, a cryptographic fingerprint of the exact agreement text, the time, the feature you were using, your IP address, and your browser's user agent, and we retain that record for as long as your account exists and as long as the law requires afterward. You can review your signature records at /legal/agreements. Declining to sign keeps the rest of the Service available; you simply cannot use real-funds features.
14. Disputes
Any dispute arising out of or related to this Agreement, an Agent Wallet, a Deposit, or Funds is subject to the informal-resolution, binding individual arbitration, class action waiver, governing law, and venue provisions of the Terms of Service, including the right to opt out of arbitration described there.
15. Changes
We may change this Agreement. Each version carries a version number and effective date at the top of this page. When a change is material, the version number increases and you must sign the new version before your next real-funds action. Deposits made after a change takes effect are governed by the version in effect at the time of the Deposit. If you do not want to accept a new version, you do not have to: email support@AXIS from the email address on your account, and we will make reasonable efforts to return the balance of your Agent Wallets to an address you control, less network fees, subject to Sections 6 and 12. Until then, the version you last accepted continues to govern your existing Funds.
16. General
If any provision of this Agreement is held unenforceable, it will be enforced to the maximum extent permissible and the rest of the Agreement remains in effect. Our failure to enforce a provision is not a waiver. Sections 3, 5, 6, and 9 through 14 survive termination of your account, discontinuation of the Service, and the closing of any Agent Wallet.
17. Contact
Questions about this Agreement: legal@AXIS.
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