ZyFAI
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On this page
  • 1. Eligibility and Restricted Jurisdictions
  • 2. ZyFAI Agent Software
  • 3. Smart Accounts
  • 4. Use of ZyFAI Agent and ZyFAI UI
  • 5. Updates and Modifications
  • 6. User Responsibilities
  • 7. Intellectual Property
  • 8. Connecting to the ZyFAI UI
  • 9. Termination
  • 10. Risks
  • 11. Disclaimers
  • 12. Limitation of Liability
  • 13. Personal Data
  • 14. Miscellaneous
  1. Support

Terms & Conditions

Version: 1.0

These Terms of Use ("Terms") constitute a legal agreement between Ondefy S.A., a company limited by shares established under the laws of Switzerland and domiciled in Lausanne, Switzerland ("Ondefy", "we" or "us"), and the users ("User", "you" or "your").

These Terms, together with any referenced documents, govern your access to and use of the ZyFAI software and automated agent infrastructure ("ZyFAI Agent" or "Agent") for decentralized financial (DeFi) applications, as well as the ZyFAI user interface ("ZyFAI UI").

By accessing or using the ZyFAI Agent and the ZyFAI UI (including any future updates or modifications), you agree to be bound by these Terms. We reserve the right to modify these Terms at any time at our sole discretion, with notice provided through an updated "last updated" date. Your continued use of the ZyFAI Agent and/or the ZyFAI UI signifies your acceptance of any revised Terms. If you do not agree, please cease use immediately.

1. Eligibility and Restricted Jurisdictions

By using the ZyFAI Agent and ZyFAI UI, you represent and warrant that you:

  • Have the legal authority and capacity to accept these Terms and are of legal age in your jurisdiction.

  • Will not use the ZyFAI Agent and ZyFAI UI if prohibited by the laws of your country.

  • Are not subject to sanctions issued by Switzerland, the UN, the EU, or the US.

  • Are not accessing the ZyFAI Agent and ZyFAI UI from restricted or embargoed jurisdictions as defined by the Swiss State Secretariat for Economic Affairs (SECO).

We reserve the right to restrict access to the ZyFAI Agent and ZyFAI UI based on geographical location.

2. ZyFAI Agent Software

2.1 Overview

The ZyFAI Agent enables automated execution of predefined strategies ("Strategies") across various DeFi protocols ("DeFi Protocols") by interacting with user-deployed smart contracts ("Smart Accounts"). By enabling your accounts to query and process data generated by the ZyFAI Agent Software, you acknowledge that execution decisions are made based on such data.

2.2 Automation and Sign Requests

The ZyFAI Agent operates off-chain analysis to generate execution requests that can be accepted and signed by your Smart Accounts for on-chain execution. By using the ZyFAI Agent, you acknowledge and accept that we provide no warranties regarding the performance, accuracy, or outcomes of any Sign Requests.

3. Smart Accounts

3.1 Overview

Smart Accounts are blockchain-based smart contracts controlled by your externally owned account ("EOA" or "Wallet"). These accounts execute Sign Requests using session keys ("Session Keys") configured within your defined permissions ("Permissions"). Transactions executed by your Smart Accounts occur without our involvement.

You explicitly acknowledge that Smart Accounts are under your sole control, and Ondefy has no ability to modify, revoke, or execute transactions on your behalf.

3.2 Third-Party Protocols

ZyFAI does not control, manage, or operate DeFi Protocols or Smart Accounts. You interact directly with these third-party protocols at your own risk, and we assume no liability for their operation.

4. Use of ZyFAI Agent and ZyFAI UI

4.1 License and Usage Rights

Subject to compliance with these Terms, Ondefy grants you a non-exclusive, non-transferable, revocable license to access and use the ZyFAI Agent through the ZyFAI UI strictly for deploying and managing your Smart Accounts ("Designated Purpose").

4.2 Fees

The ZyFAI UI is free to access. However, usage of the ZyFAI Agent may be subject to fees ("Agent Fees"), which will be displayed on the ZyFAI UI. Agent Fees are non-refundable.

4.3 Restrictions

You agree not to:

  • Resell, distribute, or sublicense the ZyFAI Agent or UI.

  • Reverse engineer, decompile, or modify the ZyFAI Agent.

  • Use the ZyFAI Agent or UI for illegal purposes or to infringe on the rights of others.

5. Updates and Modifications

We may update the ZyFAI Agent and UI at our discretion. If you do not consent to an update, you may continue to use the previous version, but we do not guarantee continued support for older versions.

6. User Responsibilities

You are solely responsible for:

  • Ensuring compliance with all applicable laws and regulations.

  • Maintaining the security of your Wallet, Smart Accounts, and Session Keys.

  • The execution of transactions through your Smart Accounts.

7. Intellectual Property

All rights, including intellectual property rights related to the ZyFAI Agent and ZyFAI UI, remain the exclusive property of Ondefy. You have no ownership rights beyond those explicitly granted in these Terms.

8. Connecting to the ZyFAI UI

To use the ZyFAI UI, you must connect an EOA. Your EOA is used to deploy and manage Smart Accounts and execute transactions. You are fully responsible for the security of your Wallet, Smart Accounts, and any related private keys.

9. Termination

These Terms remain in effect until terminated by either party. We may terminate these Terms and restrict access to the ZyFAI Agent and UI at any time. You may terminate by ceasing use and revoking Smart Account permissions.

10. Risks

By using the ZyFAI Agent and UI, you acknowledge the risks associated with DeFi, including but not limited to:

  • Irreversible blockchain transactions.

  • Security vulnerabilities in Smart Accounts and DeFi Protocols.

  • Potential termination of the ZyFAI Agent and UI.

  • The potential loss of all assets and/or a complete loss of their value.

11. Disclaimers

ZyFAI Agent and UI are provided "as is" without warranties of any kind. We do not guarantee their availability, performance, or security.

12. Limitation of Liability

To the maximum extent permitted by law, Ondefy disclaims liability for any direct, indirect, incidental, or consequential damages arising from your use of the ZyFAI Agent and UI.

13. Personal Data

For details on data handling, refer to our Privacy Policy here.

14. Miscellaneous

14.1 Entire Agreement

These Terms constitute the entire agreement between you and Ondefy concerning your use of the ZyFAI Agent and UI, superseding any prior agreements.

14.2 Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will continue in full force and effect.

14.3 User Feedback

Any feedback you provide may be used by us without restriction or compensation.

14.4 Taxes

You are solely responsible for any tax obligations arising from the use of the ZyFAI Agent and UI.

14.5 Governing Law and Jurisdiction

These Terms are governed by Swiss law, with exclusive jurisdiction in Lausanne, Switzerland.

14.6 Class Action Waiver

You waive the right to participate in class action lawsuits related to the ZyFAI Agent and UI.

Last Updated: 19.04.25

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