Earn & Protect — Terms of Service
Version 2026-08-draft
DRAFT — placeholder pending legal counsel. Acceptance is recorded per wallet per version; publishing a new version requires re-acceptance before any new protection cycle opens.
What the service does
Earn & Protect reads your exchange position (read-only — you never sign, deposit, or share keys) and, while your toggle is on, hedges it with listed options: a hard floor is bought and a cap above it is sold, and the difference is your credit. You receive the published share of that credit, paid to your wallet at each cycle's conclusion.
What you accept
- Protection terms are quoted from live order books and refused when the market cannot fund them.
- Credits vest through each cycle and pay at its conclusion (expiry or early close) — never upfront.
- The cap is the price of the floor: gains above the cap during a cycle are handed back at its conclusion, netted against your credit. If they exceed your credit the difference is a balance owed, and no new protection opens for that position until it is settled.
- You may release the cap at any time — including when the market touches it — by buying the cap leg back at the live listed price shown in the app. After a release every gain is yours; the floor stays.
- We keep a published share of the credit we source (waived when tiny). Our hedge is held leg for leg; we take no view on your position.
- Payouts go only to the wallet address that owns the protected position.
- The service is unavailable in the United States and sanctioned jurisdictions.
- Derivatives involve risk; nothing here is investment advice.
Counsel to complete
Jurisdiction, arbitration, liability limits, privacy/data handling, prohibited-use, and eligibility representations.