By using Architect you accept what is written here. It is written to be understood, not to be skipped.
Architect is an automated agent that manages concentrated liquidity positions on decentralised protocols. It computes price ranges, decides when to rebalance, and executes those operations within limited permissions.
Architect also provides Swap, to exchange one digital asset for another from a wallet you control, and DCA, to buy or sell in successive steps up to a price you set, through a liquidity pool in your vault (section 12).
It is an execution tool. It is not financial, investment or tax advice, and nothing in the product should be read as a recommendation to buy or sell any asset.
By using Architect you represent that you are not the subject of economic or trade sanctions, are not designated on any list of prohibited or restricted parties (including the list maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury), and are not a citizen or resident of a jurisdiction subject to comprehensive sanctions.
You also represent that using this service is lawful where you live. Some assets carry further restrictions set by whoever issues them. Where that is the case we ask you to confirm, before you can choose them, that you may access them — and we keep a record of that confirmation.
You choose which pools to provide liquidity to, from a catalog we curate for safety before it is offered. The agent can recommend pools based on its own ranking, but a recommendation is not financial, investment or tax advice. The decision, and the risk that comes with it, is yours.
Once you activate a pool, the agent manages it: it computes ranges, decides when to rebalance, and executes those operations, unless you turn that off for that pool. You can also close a pool at any time.
We can stop a pool from opening new positions if its conditions become unsafe, for example if a token depegs, a reward program stops, or we detect a problem with the underlying contracts. This does not move your capital: it stays in your Safe, under your control, and existing positions can still be closed or reduced while a pool is stopped this way.
Some pools hold tokenized stocks. These are securities, not crypto: the token tracks a share held by a regulated issuer, and it is that issuer, not us, who issues, custodies and prices it. Holding one does not make you a shareholder.
The exchange closes, and the token does not. The agent only manages these pools while there is a market behind them: 4:00 am to 8:00 pm New York time, pre-market and after-hours included. Outside those hours it does not act. Before a weekend or a holiday it takes the position out, so it is not left exposed with no market to correct it.
The issuer sets who may hold them, and can enforce it. These tokens carry an onchain policy that can block a transfer, including out of your vault. We do not control it and we get no warning. And if you do not meet the issuer's conditions, the issuer may not recognise your ownership of the underlying share. That is why we ask you to confirm you may access them before you can choose one.
The agent only moves capital you have deposited in a vault of yours. Until you create a vault and fund it, nothing of yours moves. Figures shown for a strategy you have not funded are simulations: decisions and results computed on real prices, over capital that is not at stake. Simulated results are neither a promise nor a forecast of results with real capital. Neither are past results of funded positions.
Providing liquidity can lose you money. Specifically:
We guarantee no yield, no capital preservation, and no outcome whatsoever.
We never take custody of your capital. Funds always remain in your custody, in a Safe you control. The agent acts with permissions restricted to pool operations. It can only move funds out of your Safe in the cases you authorise by signing: to your own wallet when you ask, our share of the yield, and the repayment of gas you agreed to cover (section 08). You can revoke those permissions at any time. See the Security page for the detail. If you turn on automatic withdrawal for a pool, we send that pool's fees to your Safe's signer wallet at the frequency you choose, until you turn it off. Each withdrawal follows the same rules as a manual one, including the minimum amount.
We charge 10% of the yield your position generates. Yield means swap fees and, for pools you have staked, the emissions they earn instead of those fees. A staked position earns no swap fees at all, because those go to the protocol's voters. There is no deposit fee, no withdrawal fee, and no fee on capital. Anyone arriving through an invite pays 8% for the first 90 days. If you invite others, you receive a share of the yield they generate, under the rules published in the app.
What the fee follows, and what it does not. The 10% is charged on the yield a position collects, not on the result of the period. That has a consequence we would rather state up front: if impermanent loss leaves the position down over a period, the yield it collected still pays our share.
How the share on swap fees is charged: at source. When the agent collects them, they go straight to an immutable splitter contract that divides them on the spot (your share to your Safe, ours to our treasury), so our share never enters your Safe and nothing is owed afterwards. That contract has no owner: it can pay us at most 10%, and changing that would require a new contract and your signature. The share on staked emissions has no such source to split at. It is recorded and deducted from that pool's AERO in your Safe when the agent acts on that pool.
Fees you collect yourself. If you collect a position's fees directly, outside the agent (for example, in the Safe app), they do not go through the splitter contract. In that case our share is recorded and deducted from that pool's next fees or, if those are not enough, from that pool's balance in your Safe.
Blockchain transaction costs (gas) are yours. We pay them upfront when the agent acts, and the gas authorisation you sign in the app lets us recover them at 1.5× their cost, only for actions after your signature. We recover them from collected fees and, when those are not enough, from the capital of the pool that incurred them, up to the gas that pool owes. On a full withdrawal, any gas still owed is deducted from the withdrawn balance, up to the recorded amount.
The Swap and DCA features are subject to their own fee, as set out in section 12.
You are responsible for the security of your wallet and your keys. We cannot recover lost access. You are also responsible for complying with the law that applies to you, including tax obligations on your gains, and for confirming that using this service is permitted where you live.
The service may be interrupted for maintenance, by third-party infrastructure failure, or by the emergency stop being triggered. During an interruption your positions continue to exist on-chain and under your control, but they may not be managed.
The service is provided as is. To the extent permitted by applicable law, we are not liable for losses arising from market moves, failures in third-party protocols, the blockchain, or decisions taken by the agent within the limits described.
Swap. Swap allows you to exchange digital assets directly from a wallet you control, without using your vault. The assets remain in your wallet until the order is executed, and the proceeds are delivered to the same wallet. We do not at any time take custody of, or control over, these assets.
Swap execution. Orders are submitted to and executed through CoW Protocol, a third-party protocol that we neither operate nor control. Your use of CoW Protocol is subject to the CoW Swap Terms and Conditions. Execution depends on market conditions and on third parties. An order may be executed in part, executed later than expected, or not executed at all, and it will not be executed below the minimum amount shown at the time you sign it.
Swap fee. We charge a fee of up to 0.25% of the executed amount. The applicable fee is disclosed before you sign the order and is deducted from the amount you receive. CoW Protocol retains a portion of this fee in accordance with its own rules. The network cost of execution is determined by CoW Protocol and deducted from the amount exchanged. The cost of any transaction that you sign directly, such as a token approval or the on-chain registration of an order, is borne by you.
DCA. DCA operates within your vault, through a liquidity pool, and is governed by sections 03 to 08. Execution depends on the market price: a step may be executed in part, later than expected, or not at all before the end of the term. A fee of 0.25% applies to the executed amount and is deducted before delivery.
These terms may change as the product evolves. Changes with material impact are announced in the app before they take effect.
We may modify, suspend or discontinue a feature for technical, security, legal or product development reasons. A change that adversely affects your use of the service is announced in the app before it takes effect, at no cost to you.