Terms of Service & Risk Disclaimer
The terms that govern use of the DefiLords protocol, and a full statement of the risks you take on by depositing.
Nothing here is investment advice
DefiLords does not provide financial, legal, or tax advice. Contracts are unaudited beta software and yields are variable and can be negative. You are responsible for your own risk assessment.
Acceptance of Terms
By accessing or using the DefiLords interface, smart contracts, or any related service, you agree to these Terms of Service and the Risk Disclaimer below. If you do not agree, do not use the protocol.
Defilords Protocol LLC is registered in Wyoming, USA. Registration is a governance detail — it is not a guarantee of returns, a licence to give investment advice, or a substitute for your own risk assessment.
Nature of the Service
DefiLords provides non-custodial smart contract vaults. Capital never leaves the chain and is never held by DefiLords. Every vault is an ERC-4626 contract (or an ERC-721 receipt vault) that you can read, verify, and exit from at any time.
The protocol does not offer investment advice, portfolio management as a regulated activity, or any guarantee of performance. Allocation decisions are produced by automated systems operating within hard-coded on-chain limits.
Eligibility
You must be legally permitted to use decentralised financial protocols in your jurisdiction. You are solely responsible for determining whether your use is lawful where you live.
The interface is not offered to persons in jurisdictions where such an offer would be unlawful, and access may be restricted without notice.
Fees
A performance fee of 10% is charged on earnings only — never on deposited principal. Fees fund AI engine operation and keeper gas costs.
Gas costs for keeper operations (deployIdle, rebalance, harvest) are borne by the protocol and estimated on the Analytics page. Deposit and withdrawal gas is paid by you.
Risk Disclaimer
Depositing into DefiLords vaults exposes your capital to the following risks. This list is not exhaustive.
Smart contract risk
Contracts are unaudited beta software. A bug, exploit, or unforeseen interaction may result in partial or total loss of deposited capital. Do not deposit more than you can afford to lose entirely.
Market risk
Yields are variable and derive from lending rates and trading fees that fluctuate. Displayed APY is historical and is not a forecast. Returns can be zero or negative.
Impermanent loss
Concentrated Uniswap V3 positions lose value relative to simply holding when the price moves significantly outside the LP tick range. Vaults holding WETH/USDC carry ETH price exposure.
Liquidity risk
Withdrawals depend on the underlying protocol's liquidity. In stressed markets, exits may be delayed or execute at unfavourable prices.
Keeper / automation dependency
Yield collection and rebalancing require an off-chain bot. If the keeper stops, yield pauses — but deposits remain safe and redeemable at any time.
Stablecoin depeg
USDC depeg is monitored at a ±1% threshold, but monitoring is not prevention. A sustained depeg would affect the value of every vault denominated in it.
Regulatory risk
The regulatory treatment of decentralised finance is unsettled and evolving. Changes in law may affect how, or whether, the protocol can operate in your jurisdiction.
Beta protocol
This product is in early access. Parameters, features, deposit caps, and contract addresses may change without notice.
Questions about these terms, or about the risks before you deposit — reach the team through the channels listed on the protocol’s public profile. We would rather answer a question than have you deposit without understanding what you are holding.