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Terms of Service

Effective
2026-04-22
Updated
2026-04-22

⚠ Best-effort draft — counsel review strongly recommended before production launch.

This document is a good-faith contract drafted without retained legal counsel. It uses industry-standard patterns adapted from comparable global SaaS terms (Discord, Stripe, Notion consumer carve-outs) plus consumer-protection fixes surfaced by a self-audit on 2026-04-21. Several clauses (flagged with `` comments) are positions we believe are defensible but that have not been reviewed by a qualified attorney. Before production launch with real-money trading, this document should be reviewed by US consumer-contract counsel and EU/UK data-protection counsel at minimum. Nothing in this document should be interpreted as a certification that every clause is fully enforceable in every jurisdiction.

These Terms of Service ("Terms") form a legally binding agreement between you ("you", "User") and LAPOS ("LAPOS", "we", "our", "us") governing your access to and use of the LAPOS trading terminal, website, API, and related services (collectively, the "Services").

IMPORTANT — LEGAL ENTITY PENDING INCORPORATION.

Natural-person counterparty disclosure. As of the effective date above, LAPOS operates under the trade name "LAPOS" while the operating legal entity is being finalized (Wyoming LLC registration in progress). Until incorporation is complete, the enforceable contractual counterparty is a single natural-person operator acting in an individual capacity, not a limited-liability company. The operator's legal name and current residential or postal address will be disclosed to any user making a formal legal request in writing to [email protected] (e.g., in connection with a contemplated arbitration demand under §21, a GDPR data-subject request under Privacy Policy §9, or a regulatory inquiry), and will in any event appear on the face of any individually executed contract (subscription billing record, arbitration submission, court filing). We disclose this structure plainly so you can consent knowingly: you are entering into a contract with a natural person who has chosen pseudonymous public-facing operation during pre-incorporation, with a legal-process route to reach the natural person.

Business postal address for legal notices: the operator accepts formal legal notice at [email protected]. A dedicated business postal address will be published here upon incorporation. Service of process on the unincorporated operator via email is valid under the laws of jurisdictions that permit email service where the email alias is published and monitored (which LAPOS commits to doing); where email service is not recognised by a particular jurisdiction, users may request the operator's residential or postal address via [email protected] in writing and LAPOS will provide it within 10 business days.

Assignment on incorporation and your opt-out right. Once a LAPOS legal entity is registered, the registered company name, registration number, and registered office will be inserted here and notified to users via in-app message and (where available) email. By agreeing to these Terms prior to incorporation, you consent to assignment of the contract to the newly incorporated LAPOS entity upon incorporation, with notice. However, you may terminate and receive a refund of any unused portion of a pre-paid subscription within 30 days of receiving the assignment notice, without having to provide a reason. To exercise this opt-out, email [email protected] within that 30-day window with the subject line "Assignment opt-out." See Section 23.4.

Refund scope on opt-out. For consumers resident in the European Union, the European Economic Area, the United Kingdom, and any other jurisdiction whose mandatory consumer-protection law treats a change of contractual counterparty as a substantial change of contract, the opt-out refund is a full refund of all prepaid subscription fees held at the time of assignment, not pro-rata. For all other users, the refund is pro-rata for the unused portion of the current billing period. LAPOS will also not restrict assignment to jurisdictions whose sanctions or financial-services posture materially degrade the protections applicable to your account; any such restriction would be an additional material change that would re-trigger this opt-out right.

Read these Terms carefully. They include important provisions such as: a binding arbitration clause (Section 21), a waiver of jury trial and class action rights (Section 21), limitations on our liability (Section 17), and your acknowledgment of significant financial and technical risks (Section 10 and the separate Risk Disclosure document).

If you do not agree to these Terms, do not use the Services.

1. Definitions

Term Meaning
LAPOS The software application, website, API, Telegram bot, and mobile interfaces operated at lapos.it and api.lapos.it.
Services All functionality LAPOS provides, including analytics, AI analysis features, automated trading tools, notifications, and order routing.
User Account Your personalized profile authenticated via Privy (email, wallet, or social login).
Wallet A non-custodial cryptocurrency wallet you control, used to hold USDC and interact with Polymarket smart contracts.
Positions Your open claims in prediction-market outcome tokens on the Prediction Market Platform, together with any associated unrealized profit and loss.
Prediction Market Platform Third-party platforms where prediction market contracts are traded. As of this date, LAPOS primarily supports Polymarket (operated by Polymarket Corp. and affiliates, on the Polygon blockchain). Kalshi integration is planned for a future phase.
AI Services A subset of the Services that use artificial intelligence models (currently Anthropic's Claude family), including Lens, Notebook Red Team, Daily Review, Auto-Shield AI enhancement, Rules Parser, and Blind Spot Report. AI Services are part of the Services; where these Terms refer to "Services" the provision applies to AI Services unless stated otherwise.
Auto-Features Features that take automated actions on your behalf, including Auto-Shield (Pro/Sentinel), Conditional Orders (Sentinel), and Limit Ladders (Pro/Sentinel).
Content All text, data, AI-generated analysis, notifications, and other information delivered through the Services.
Subscription A paid plan (Pro or Sentinel) that unlocks additional features.
Credits Unit of prepaid usage for metered AI features.
Risk Disclosure The document titled "LAPOS Risk Disclosure" (https://lapos.it/legal/risk-disclosure), which forms part of these Terms by reference.

2. Eligibility

You represent and warrant that:

2.1 Age. You are at least 18 years of age (or the age of majority in your jurisdiction, whichever is higher).

2.2 Legal capacity. You have the legal capacity to enter into binding agreements.

2.3 Jurisdiction. You are not located in, nor a resident or citizen of, any jurisdiction where use of prediction markets or the Services is prohibited. At minimum, you are not located in any jurisdiction where Polymarket prohibits access. The canonical, authoritative list is maintained by Polymarket at https://help.polymarket.com/ and may change at any time without notice from us. You must consult the canonical list before each use — any snapshot below is non-binding and may be outdated at any time.

Non-binding illustrative snapshot (as of the effective date of these Terms; for informational purposes only; the jurisdictions listed in Polymarket's help center control): Australia, Belgium, Belarus, Burundi, Central African Republic, Congo (Kinshasa), Cuba, Germany, Ethiopia, France, United Kingdom, Iran, Iraq, Italy, North Korea, Lebanon, Libya, Myanmar, Nicaragua, Poland, Russia, Singapore, Somalia, South Sudan, Sudan, Syria, Thailand, Taiwan, US Minor Outlying Islands, United States, Venezuela, Yemen, Zimbabwe. This snapshot is not a complete enumeration; Polymarket may add or remove jurisdictions at any time.

Note on Germany. Polymarket's restricted-jurisdictions list includes Germany — meaning German residents are restricted from using Polymarket's service and therefore from using LAPOS's trading functionality that depends on it. LAPOS itself is hosted on infrastructure physically located in Germany (Hetzner Online GmbH, Nuremberg; see §13) because the operator is routing traffic through an EU data-residency provider for GDPR-compliant hosting of non-trading user data. Hosting infrastructure is distinct from the service audience: LAPOS uses EU hosting for data-protection hygiene, but does not offer trading services to German residents because Polymarket does not. If the operating legal entity later relocates, hosting provider and jurisdictional-restriction lists will be updated accordingly.

You are solely responsible for verifying whether your use of the Services is legal in your jurisdiction. LAPOS does not provide legal advice.

2.4 Sanctions compliance. You are not subject to sanctions administered by the United Nations, the European Union (CFSP regulations), the United States (OFAC SDN List), the United Kingdom (HMT consolidated list), Canada (SEMA), Australia (DFAT), Switzerland (SECO), or any other applicable sanctions regime. You are not a resident or citizen of a comprehensively sanctioned jurisdiction.

2.5 Personal use. You are using the Services in your individual capacity and not on behalf of a sanctioned entity, a restricted business, or for any criminal purpose.

3. Nature of the Services

3.1 LAPOS is a trading terminal, not a prediction market, broker, exchange, custodian, or regulated financial institution.

3.2 Order routing. When you place an order through LAPOS, we transmit the order to the relevant Prediction Market Platform (Polymarket) via its public API or smart contracts. We do not match orders, set prices, or hold custody of your assets.

3.3 No custody. LAPOS does not hold, control, or have access to your private keys, seed phrases, or USDC balances. Your Wallet is managed by Privy in a secure enclave that LAPOS cannot read. LAPOS can only broadcast transactions authorized by your Wallet.

3.4 No financial advice. All analysis, statistics, probability estimates, AI outputs, and tool results are informational only and do not constitute financial, investment, legal, tax, or other advice. You make all trading decisions at your own discretion and risk.

3.5 No guaranteed outcome. Past performance, Brier scores, historical win rates, AI calibration metrics, and all backward-looking statistics are no guarantee of future results.

4. Account Registration

4.1 Authentication. Account creation and login are handled by Privy (privy.io). You may authenticate with email, wallet signature, or supported social providers.

4.2 One account per person. You may maintain only one User Account. Multiple accounts held by the same individual may be suspended without notice.

4.3 Credential security. You are responsible for securing your Privy credentials, wallet seed phrase, and any API keys you generate. LAPOS is not liable for losses resulting from compromise of credentials outside our control.

4.4 Accurate information. You must provide and maintain accurate account information (email for deliverability). Do not impersonate others.

5. Custody, Wallet, and On-Chain Transactions

5.1 Wallet operation. Your Wallet is created and secured by Privy. Private keys are generated and stored client-side in a trusted execution environment. LAPOS never receives, stores, or transmits your private keys.

5.2 Polymarket approvals. To trade on Polymarket, your Wallet must grant a series of token approvals to Polymarket smart contracts (including, as currently required by Polymarket, approvals for the USDC ERC-20 token and several ERC-1155 conditional-outcome-token contracts — the current set is seven approvals in total, subject to change by Polymarket). You initiate and sign each approval yourself. LAPOS facilitates the signing flow but never moves funds without a signature issued by your Wallet.

5.3 Blockchain permanence. Transactions on Polygon are permanent and irreversible. Once a transaction is confirmed on-chain, LAPOS cannot reverse, cancel, or modify it.

5.4 Gas and fees. Polygon network gas fees and Polymarket maker/taker fees are paid by you directly from your Wallet. LAPOS does not collect or remit these fees.

5.5 USDC risk. USDC is a stablecoin issued by Circle Internet Financial. USDC may lose its peg to the US dollar temporarily or permanently. LAPOS does not guarantee USDC stability. See Risk Disclosure Section 7.

6. Subscriptions, Credits, and Fees

6.1 Plans. LAPOS offers a free tier and paid subscriptions (currently "Pro" and "Sentinel"). Plans are billed monthly only; annual plans are not offered in Phase 1. Current plans, prices, and feature lists are published at https://lapos.it/pricing and incorporated into these Terms by reference. Prices and plan composition may change per Section 6.6.

6.2 Billing. Subscriptions bill monthly in advance on the date of initial purchase. You may cancel at any time; cancellation takes effect at the end of the current billing period. You retain access to paid features until that date.

6.3 Credits. Credits are a prepaid unit of usage for AI features beyond plan limits. Credits do not expire. Credits are non-refundable once consumed. Credit balances are visible in your account.

6.4 Payment methods. Phase 1 (current): we accept cryptocurrency payments only, via CryptAPI (cryptapi.io). Phase 2 (activates upon incorporation of the operating legal entity): credit and debit cards via Stripe (stripe.com) will become available; users will be notified in-app at least 14 days before card payments go live. As a technical matter, crypto payments are final once confirmed on-chain and cannot be reversed by LAPOS at the blockchain layer.

  • Phase 1 fee structure: CryptAPI forwarder fee (~1% of transaction, paid by LAPOS from the subscription price, not on top). Polygon/ETH network gas fees are paid by the user directly from the user's wallet.
  • Phase 2 fee structure (upon card activation): Stripe fees (~2.9% + $0.30 per card transaction) are absorbed by LAPOS; the user sees the headline subscription price at checkout.

6.4.1 EU distance-sales right of withdrawal (crypto and card payments).

If you are a consumer resident in the European Union or the European Economic Area, you are entitled under Directive 2011/83/EU (the Consumer Rights Directive) to a 14-day right of withdrawal from a distance contract for services (including a subscription purchased through the Services), starting on the day the contract is concluded.

  • To activate paid features immediately (before the 14-day window closes) you will be asked, at checkout, to (a) expressly consent to LAPOS beginning performance during the withdrawal period and (b) acknowledge that your right of withdrawal will be lost once performance has been fully completed, in line with Art. 16(a) of the Directive. If you do not provide both at checkout, activation of the paid features will be paused until the 14-day period has elapsed or you withdraw.
  • To withdraw, email [email protected] with "Withdrawal — EU 14-day right" in the subject line, within 14 days of concluding the contract. You do not need to give a reason. LAPOS will refund the amount received within 14 days of receiving your withdrawal notice, proportionately reduced for any services already performed with your prior consent.
  • Refund mechanism for crypto payments. Because blockchain transactions are irreversible, LAPOS will refund the equivalent USD value at the time of the withdrawal to a payment method you reasonably nominate (by bank card refund via Stripe where feasible, or to a wallet address you specify). You will bear any crypto network fees associated with re-delivery to your wallet.

Outside the EU/EEA, or after the 14-day window has closed, subscription fees are governed by §6.5 below.

6.5 Refunds. Subject to §6.4.1 above and any mandatory consumer law, subscription fees are non-refundable once the billing period has begun. If we terminate your account for reasons other than your breach of these Terms, we will refund pro-rata unused days.

6.6 Price changes. We may modify subscription prices with 30 days' prior notice via in-app notification and email. Existing subscribers are charged at the previous price until their next renewal.

6.7 Taxes. You are responsible for all applicable taxes on your transactions with LAPOS.

7. AI Features and Disclosure

7.1 Disclosure (EU AI Act Article 50). LAPOS uses artificial intelligence systems provided by Anthropic PBC (Claude model family) to generate analysis and take automated actions. When you use any feature marked as AI (Lens, Notebook Red Team, Daily Review, Auto-Shield AI, Blind Spot Report, Rules Parser, Auto-Forecast), you are interacting with an artificial intelligence system. This disclosure is provided under Article 50 of Regulation (EU) 2024/1689 (EU AI Act), which enters into application on 2 August 2026.

Provider and deployer roles. For the purposes of the EU AI Act:

  • Anthropic PBC is the provider of the underlying general-purpose AI models (Art. 3(3)). Anthropic's obligations as provider include those in Articles 50, 53, and (for systemic-risk GPAI) 55.
  • LAPOS is the deployer (Art. 3(4)) of those models within its own product. LAPOS's Article 50 obligations as deployer include: (a) informing natural persons at the point of interaction that they are interacting with an AI system (this §7 and the in-app "AI" label); and (b) to the extent AI-generated text published to the user is in scope of Article 50(4), disclosing that the text has been artificially generated and — for any future synthetic audio, image, or video content we may generate — applying the machine-readable marking obligation of Article 50(2). LAPOS does not currently generate synthetic audio, image, or video content; LAPOS pre-commits to applying the Article 50(2) machine-readable marking requirement if and when such a feature is introduced.
  • UI labeling commitment. All Lens, Red Team, Daily Review, Blind Spot Report, Rules Parser, and Auto-Forecast outputs displayed in the LAPOS interface carry a visible "AI-generated" provenance label so that the user has a clear, standing indication of AI provenance.

7.2 AI output characteristics. AI outputs may:

  • Contain hallucinations — plausible-sounding but factually incorrect statements
  • Be miscalibrated — AI models are documented to produce poorly calibrated probabilities on real-world prediction tasks
  • Reflect training data biases — the model's knowledge has a cutoff and may lag current events
  • Vary between invocations even with identical inputs

7.3 Advisory role only. All AI-generated analysis is advisory. It is not:

  • Financial, investment, legal, tax, or trading advice
  • A guarantee of future market outcomes
  • A substitute for your own research and judgment

7.4 Auto-Features exception. Auto-Shield (including its optional Sentinel AI enhancement), Conditional Orders, and Auto-Forecast do take automated actions that move your funds. These are governed by Section 9 below and require your explicit separate consent.

7.5 Anthropic as processor. Zero-training commitment. Your inputs to AI features (market data, article text, your notebook thesis, slider estimates) are transmitted to Anthropic for processing. We have entered into a Data Processing Agreement with Anthropic. As of the effective date of these Terms, Anthropic's Commercial API terms do not permit Anthropic to use customer API inputs or outputs to train Anthropic's models, and LAPOS does not operate its own AI training pipeline. If Anthropic materially amends those terms in a way that would permit such use of LAPOS-originated data, LAPOS will notify users at least 30 days before any such change takes effect on our integration, and will assess whether to continue the integration or migrate to an alternative provider. For the complete set of trust commitments regarding user-submitted content (notebook thesis, support messages, free-text), see Privacy Policy §3.7 — that section governs in case of any interpretive conflict between this summary and the fuller commitments there.

8. Risk Acknowledgment

By using the Services, you acknowledge that you have read, understood, and accepted the separate LAPOS Risk Disclosure document, which forms an integral part of these Terms. The Risk Disclosure describes material risks including — without limitation — loss of capital, market volatility, oracle risk, liquidity risk, stablecoin depeg risk, smart contract risk, automated trading risk, and geographic restriction risk.

You represent that you have evaluated whether prediction market trading is suitable for you given your financial situation, risk tolerance, and jurisdiction.

9. Auto-Features and Automated Decision-Making

9.1 Scope. The following features involve automated decisions with financial effect (automated decision-making in the sense of GDPR Article 22) and are collectively referred to as "Auto-Features" in these Terms:

  • Auto-Shield (Pro and Sentinel) — automatically sells positions when pre-configured price or health triggers fire. Sentinel tier adds an optional AI enhancement layer (Layer 3) that can suppress a rules-triggered sell if it judges the trigger likely a false positive.
  • Conditional Orders (Sentinel) — automatically executes pre-defined sell/buy orders on news events, UMA oracle events, or price conditions.
  • Auto-Forecast (Sentinel) — AI-driven sell/buy/hold decision based on breaking-news analysis.

Limit Ladders are not Auto-Features for the purpose of this Section: they simply place a pre-defined series of limit orders at your instruction at the time of submission, and do not involve ongoing automated decision-making. Standard ToS provisions apply.

9.2 Explicit consent required (GDPR Article 22). Before enabling any Auto-Feature that produces binding automated decisions (Auto-Shield in Action mode, Conditional Orders, Auto-Forecast), you must complete a two-step consent flow:

  1. Step one — an explanation of what the feature does, including a simulation example.
  2. Step two — an explicit "I understand the risk" checkbox.

Enabling the feature without completing both steps is not technically possible. Mere acceptance of these Terms does not constitute consent to Auto-Features.

Single legal basis under GDPR Article 22. Auto-Features are processed on a single legal basis: Article 22(2)(c) explicit consent, combined with Article 6(1)(a) for the underlying processing. Consent is withdrawable at any time under Article 7(3) by disabling the feature in settings; withdrawal does not affect the lawfulness of processing already carried out. LAPOS has expressly not relied on Article 22(2)(a) "necessary for the performance of a contract" because, under the narrow interpretation in EDPB Guidelines on automated decision-making (WP251 rev.01), Auto-Features are optional enhancements rather than necessary for the trading terminal to function.

9.3 Kill switch. You have an unconditional, always-available kill switch to disable any Auto-Feature. The kill switch is accessible from multiple prominent locations in the application interface (at minimum: the positions overview, each individual position's detail view, and the market page where the feature is active). A single action pauses or disables the feature; re-enabling requires confirmation.

9.4 Right to contest (GDPR Article 22(3)) — procedural target. You have the right to contest any specific automated decision made by an Auto-Feature. Contact [email protected] or use the in-app dispute button on the execution notification. The contest procedure is operationalized as follows (see also the "Auto-Feature Contest Procedure" annex in the Privacy Policy):

  • Acknowledgment target: we aim to acknowledge receipt of your contest within 2 business days, and in any event no later than 5 business days except during documented service outages.
  • Decision target: we aim to issue a written decision within 15 business days of the acknowledgment. For exceptionally complex cases (e.g., requiring reviewing Anthropic-side telemetry), we may extend this by an additional 15 business days with written notice stating the reason, consistent with GDPR Art. 12(3) complex-case extension logic.
  • Nature of the target. These are operational targets, not guaranteed SLAs. They will be tightened to GDPR Art. 22(3)-compliant contractual SLAs once a dedicated Data Protection Officer is appointed (see Section 24). Missing a target does not by itself defeat any mandatory statutory right you hold under GDPR, UK GDPR, or any other applicable data-protection law — those rights continue to apply regardless of our operational performance.
  • Reviewer. Decisions are reviewed by the LAPOS Trading Safety Lead (a named human role), not by the same AI system that made the original decision and not by an unspecified operator inbox.
  • Decision letter. The decision letter will state (i) the facts relied on, (ii) the reasoning applied, and (iii) the remedy offered (credit to your account, refund of a subscription fee, correction of feature configuration, or reasoned denial).
  • Appeal. If your contest is denied, you may appeal within 30 days to [email protected] with "Auto-Feature Contest Appeal" in the subject line. Appeals are reviewed by a different individual than the initial reviewer.

Note: blockchain transactions are irreversible — a successful contest does not reverse an executed trade, but the outcome is logged, reviewed, and may result in a refund of subscription fees, a credit to your account, or other remedies available under these Terms and applicable law.

9.5 Human intervention. You have the right to request human review of the logic behind any automated decision. Submit requests to [email protected]. The reviewer, SLAs, and appeal procedure are the same as those in §9.4.

9.6 No guarantee of execution. Auto-Features depend on third-party systems (Polymarket, Anthropic, Polygon). Any outage, congestion, or interruption may cause an Auto-Feature to fire late, not fire, or fire on stale data. See Section 14 (Service Availability).

10. Acceptable Use Policy

You agree not to, and not to permit any third party to:

10.1 Market manipulation. Engage in wash trading, spoofing, layering, front-running, pump-and-dump schemes, or any other manipulative trading practices.

10.2 Insider misuse. Trade on the basis of material non-public information in violation of applicable law, including but not limited to US securities and commodities laws, EU Market Abuse Regulation (MAR), and any CFTC enforcement guidance applicable to prediction markets and event contracts.

10.3 Automation abuse. Scrape our API, reverse-engineer our services, use headless browsers or bots to circumvent rate limits, or deploy automated workflows beyond normal human-driven use.

10.4 Account sharing. Share your account, API credentials, or session cookies with any third party.

10.5 Subscription bypass. Circumvent subscription tiers, feature gates, credit limits, or access controls.

10.6 VPN circumvention. Use a Virtual Private Network, proxy, Tor, or any similar service to circumvent geographic restrictions imposed by Polymarket, Kalshi, or by these Terms. Polymarket's Terms of Service expressly prohibit such circumvention; violation may result in Polymarket freezing your funds indefinitely, which LAPOS cannot reverse.

10.7 Illegal use. Use the Services for any activity that violates applicable law, including money laundering, sanctions evasion, or financing of prohibited activities.

10.8 Harm to the Services. Introduce viruses, malware, denial-of-service attacks, or any other code or activity intended to damage or interfere with the Services.

10.9 Data extraction. Republish, sell, or sublicense Content obtained from the Services without our prior written consent, except for your own analysis and non-commercial research.

Violation of this Section 10 may result in immediate account suspension or termination under Section 16.

11. Geographic Restrictions

11.1 Inherited restrictions. LAPOS routes orders to Polymarket. Polymarket's geographic restrictions apply. If Polymarket blocks access from your jurisdiction, the LAPOS Services that depend on Polymarket will not function for you, regardless of whether the LAPOS website is reachable from your jurisdiction.

LAPOS does not itself run an active geo-blocking layer. Whether your jurisdiction is permitted is governed by (a) your own representations in Section 2.3, (b) Polymarket's API, which rejects orders from blocked jurisdictions, and (c) Privy's wallet onboarding flow, which may fail for users in sanctioned or blocked jurisdictions. This means: if you misrepresent your location to LAPOS, you may be able to create an account and view data, but your actual trade execution will fail at the Polymarket layer. This outcome is your responsibility under Section 2.3 and Section 11.4.

11.2 Dynamic list. Polymarket may add or remove jurisdictions from its restricted list at any time. The list in Section 2.3 reflects our best knowledge as of the effective date of these Terms.

11.3 Enforcement. Polymarket uses geo-detection that goes beyond IP address matching (device fingerprinting, transaction pattern analysis). Accounts detected circumventing restrictions may be frozen with funds locked indefinitely. LAPOS has no power to reverse Polymarket enforcement actions.

11.4 Your representation. By using the Services, you represent that (a) you are located in a jurisdiction where prediction market trading is legal, and (b) you are not using a VPN or similar tool to circumvent geographic restrictions.

12. Intellectual Property

12.1 LAPOS IP. All software, source code, analytics algorithms, AI prompt templates, design elements, trademarks, logos, and documentation comprising the Services are owned by LAPOS or our licensors and are protected by applicable intellectual property laws. Nothing in these Terms transfers ownership to you.

12.2 Limited license. We grant you a personal, limited, non-exclusive, non-transferable, revocable license to access and use the Services solely for their intended purpose and in accordance with these Terms.

12.3 User content. You retain ownership of your trading history, notebook entries, slider estimates, and account settings ("User Data"). By submitting User Data, you grant LAPOS a worldwide, royalty-free license to process, store, aggregate, and display your User Data as necessary to operate the Services. We may also use data in aggregated, de-identified form (that is, data rendered so that an individual is not and cannot, by reasonable means, be re-identified — consistent with Recital 26 of the GDPR) for analytics and service improvements. If aggregation is insufficient to prevent re-identification, the data remains personal data and is governed by the Privacy Policy.

12.4 AI prompts. LAPOS's AI prompt templates (Lens, Red Team, Daily Review, etc.) are confidential trade secrets. You may not (i) systematically attempt to elicit the verbatim prompt template through output inspection or prompt-extraction attacks, nor (ii) publish, distribute, or commercialize the prompt template itself. You may freely share or republish the AI output you legitimately obtained from your own use, subject to applicable law and Anthropic's usage terms.

12.5 Feedback. If you provide suggestions or feedback, you grant LAPOS a worldwide, royalty-free, non-exclusive license to use such feedback for the purpose of improving the Services. LAPOS has no obligation to compensate you for feedback.

  • For users resident in the European Union, the European Economic Area, or the United Kingdom who are acting as a natural person (consumer) and not in a business capacity: the license is granted for a maximum of five (5) years from the date of submission, or a shorter period if required by mandatory law, and may be revoked by you on 30 days' written notice to [email protected]. Moral rights (including under German UrhG §§11-14 and French CPI L121) are preserved to the extent they cannot be waived.
  • For all other users (including business users and users outside the EU/EEA/UK where local law so permits): the license is perpetual and irrevocable.

13. Third-Party Services

The Services integrate with independent third-party services whose terms and privacy policies apply in addition to ours:

Service Role Their Terms / Privacy
Polymarket Prediction market execution (primary; QCX LLC US CFTC-registered DCM and affiliated offshore entities) https://polymarket.com/tos · https://polymarket.com/privacy
Kalshi (Phase 2, future) Prediction market execution https://kalshi.com/terms · https://kalshi.com/privacy
Anthropic PBC AI model inference (Claude family) https://www.anthropic.com/legal/consumer-terms · https://www.anthropic.com/legal/privacy
Privy Inc. Wallet authentication and embedded-wallet infrastructure (private keys remain in a user-side trusted execution environment; Privy is not a custodian in the standard-embedded-wallet mode) https://www.privy.io/terms-of-use · https://www.privy.io/privacy-policy
Stripe, Inc. Card payments https://stripe.com/legal/ssa · https://stripe.com/privacy
CryptAPI Crypto payment processing https://cryptapi.io/terms · https://cryptapi.io/privacy
Telegram Messenger Inc. Optional notification channel https://telegram.org/tos · https://telegram.org/privacy
Cloudflare, Inc. CDN and DDoS protection https://www.cloudflare.com/terms/ · https://www.cloudflare.com/privacypolicy/
Hetzner Online GmbH VPS hosting (Germany, EU) https://www.hetzner.com/legal/privacy-policy

LAPOS is not responsible for third-party acts, omissions, outages, or policy changes. You enter into a direct relationship with each third-party provider by using the integrated feature.

14. Service Availability

14.1 As-is provision. The Services are provided "as is" and "as available" without warranties of any kind, express or implied. We disclaim all warranties including merchantability, fitness for a particular purpose, non-infringement, and uninterrupted availability.

14.2 No uptime SLA. We do not guarantee any specific uptime, latency, or throughput. We operate on a best-effort basis; no percentage commitment is offered.

14.3 Dependencies. Service availability depends on Polymarket API, Anthropic API, Polygon blockchain, Privy infrastructure, Stripe processing, and DNS / hosting providers. Any upstream outage may affect the Services in whole or in part.

14.4 Maintenance. We may perform scheduled maintenance with reasonable notice. Emergency maintenance may occur without notice.

14.5 No liability for outages and defects. Subject to Section 17 (Limitation of Liability) and applicable mandatory consumer law, we are not liable for losses caused by:

  • Trades executed or not executed during service interruptions
  • Auto-Features firing late, incorrectly, or not at all due to API or infrastructure issues, or due to latent defects or bugs in LAPOS software
  • Third-party API changes, rate limits, or downtime
  • Blockchain network congestion, gas fee spikes, transaction failures, or MEV exposure
  • AI output errors, hallucinations, or delays
  • Incorrect, delayed, or missing market data from upstream providers

This disclaimer is subject to mandatory law that may impose liability for gross negligence or intentional misconduct regardless of contract.

15. Disclaimers

15.1 Not financial advice. Nothing in the Services constitutes financial, investment, legal, tax, or other professional advice. Consult qualified professionals before making financial decisions.

15.2 No guarantee of accuracy. We do not guarantee that Content is accurate, complete, current, or free of errors. Market data is provided by third parties (Polymarket, Polygon RPCs) and may be delayed, incorrect, or incomplete.

15.3 AI non-reliability. AI outputs are probabilistic and may be wrong. Section 7 above.

15.4 Past performance. Any historical performance metric displayed in the Services (including but not limited to accuracy scores, win rates, leaderboards, calibration charts, and any metric that may replace these in future versions) is a backward-looking statistic and is no guarantee of future results.

15.5 Market risk. All prediction market trading involves risk of total loss. See Risk Disclosure.

16. Term, Suspension, and Termination

16.1 Term. These Terms take effect when you first use the Services and remain in effect until terminated under this Section 16.

16.2 Termination by you. You may terminate at any time by deleting your account via the "Delete account" function in your account settings, or by emailing [email protected] with "Delete account" in the subject line. Termination:

  • Cancels your subscription (no pro-rata refund unless we terminate without cause)
  • Cancels active Conditional Orders
  • Disables Auto-Features
  • Revokes API tokens
  • Triggers data deletion per the Privacy Policy

16.3 Suspension by us. We may suspend your account if we reasonably believe you have violated these Terms, engaged in illegal activity, abused the Services, or pose a security or compliance risk. We will notify you of the reason unless notification would prejudice an investigation.

16.4 Termination for cause. We may terminate for material breach after notice and a reasonable cure period (minimum 14 days for curable breaches; no cure period for illegal activity or sanctions violations).

16.5 Termination without cause. We may terminate for any reason on 30 days' notice. In such case, we refund pro-rata unused subscription days.

16.6 Data export. You may export your data via the "Export my data" function in your account settings at any time before or within 30 days after termination.

16.7 Survival. Sections 12 (IP), 15 (Disclaimers), 17 (Liability), 18 (Indemnification), 19 (Privacy), 20 (Force Majeure), 21 (Dispute Resolution), and 23 (Miscellaneous) survive termination.

16.8 Termination while on-chain transactions are in flight. Because on-chain transactions on Polygon are irreversible once confirmed (see §5.3), the following rules apply when account termination (by you or by us) coincides with an in-flight transaction:

  • Transactions already broadcast to the Polygon network at the moment of termination will not be reversed by us. They will settle on-chain regardless of account status. LAPOS has no mechanism to cancel a broadcast transaction.
  • Pending Conditional Orders, Auto-Shield configurations, and Limit Ladders are cancelled at the moment of termination. Any trigger that would have fired after the termination timestamp will not fire.
  • Settlement credits (USDC returned from a resolved market or a cancelled ladder rung) that arrive in your Wallet after termination remain yours — LAPOS neither claims nor re-routes them. Your Wallet keys remain under Privy control per §3.3 and §5; termination of the LAPOS account does not close your Wallet.
  • If a termination notice is sent to you under §16.4 or §16.5, you will have at least 5 business days (or 30 days under §16.5 without-cause termination) to close or convert any open positions before automation stops, unless termination is triggered by sanctions, fraud, or a regulator order that requires immediate effect.

16.9 LAPOS wind-down scenario. If LAPOS itself ceases operations — voluntarily or involuntarily — we will make reasonable efforts to provide you the following before the Services become unavailable:

  • At least 30 days' advance notice via in-app message, email (where provided), and a prominent notice on https://lapos.it, except where immediate wind-down is required by a regulator, court order, or force-majeure event under §20.
  • Disabling of Auto-Features first. Auto-Shield, Conditional Orders, and Limit Ladders will be disabled at the start of the wind-down window so that no automated action fires after we are no longer able to monitor it. You will be informed that manual trading via Polymarket's native interface (or any other available front-end) remains your responsibility after this point.
  • Data export remains available per §16.6 for the full 30-day window.
  • Pro-rata refunds of any unused prepaid subscription time, via the original payment method where technically possible. If the original method is unavailable (e.g., CryptAPI channel closed), refunds will be provided as USDC to the Wallet associated with your account.
  • Your on-chain positions are unaffected. Positions held in your Wallet on Polymarket remain yours to manage directly through Polymarket's native interface or any other Polymarket-compatible front-end. LAPOS wind-down does not freeze, claw back, or otherwise alter those positions.
  • Policy retention. The then-current versions of these Terms, the Privacy Policy, and the Risk Disclosure will remain published as archived documents for at least 12 months after wind-down so that users can reference the governing language that was in effect during their use.

Nothing in this §16.9 creates a guaranteed continuity obligation; it describes the minimum wind-down practice LAPOS commits to. In an insolvency or compelled-wind-down scenario, applicable insolvency law and regulator instructions may modify the specific mechanics above.

17. Limitation of Liability

17.1 Exclusion of damages. To the maximum extent permitted by applicable law, LAPOS and its officers, directors, employees, contractors, and affiliates shall not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages — including lost profits, lost trading opportunities, lost data, or business interruption — arising from or related to the Services, whether based in contract, tort, strict liability, or any other theory, even if we have been advised of the possibility of such damages.

17.2 Cap. Our aggregate liability to you for all claims arising from or related to the Services is limited to the lesser of (a) the total amount you paid LAPOS in the twelve (12) months preceding the event giving rise to the claim, or (b) one thousand US dollars (US$1,000). For users on the free tier who have paid nothing, the cap is US$100.

17.2.1 Mandatory statutory liability is preserved. The cap in §17.2 does not limit, exclude, or waive any liability that cannot be limited, excluded, or waived as a matter of mandatory applicable law. Without limiting the generality of the foregoing, the cap does not apply to:

  • GDPR Article 82 compensation rights (material or non-material damage suffered by data subjects as a result of an infringement of the GDPR or UK GDPR) — these rights are non-waivable under Article 82(3) and the cap in §17.2 is expressly subordinated to them for data subjects residing in the EU, EEA, or UK.
  • Liability for death or personal injury caused by our negligence, to the extent such liability cannot be limited under applicable law (including UK Consumer Rights Act 2015 s.65, German BGB §309 No. 7, French Code civil art. 1231-3).
  • Fraud and fraudulent misrepresentation, which cannot be limited under the law of any major jurisdiction.
  • Gross negligence and willful misconduct, to the extent such limitation is prohibited under California Civil Code §1668, German BGB §309 No. 7(b), or equivalent mandatory law in your jurisdiction.

Where a caption cap would otherwise apply but is invalidated as to a specific claim by the foregoing, the cap shall be reduced to the minimum extent necessary to make the remaining contractual limitation enforceable under §23.2 (Severability).

17.3 Basis of the bargain. You acknowledge that these limitations are a fundamental element of the pricing of the Services and that we would not provide the Services without them. This Section 17.3 applies to US non-consumer users only. For consumers in the European Union, the United Kingdom, and other jurisdictions where mandatory consumer protection law governs the enforceability of liability limitations (including but not limited to Directive 93/13/EEC and UK CRA 2015), this acknowledgment is informational only and has no effect on the statutory standard of unfairness applied to the limitations above.

17.4 Jurisdictional limits. Some jurisdictions do not allow the exclusion or limitation of certain damages. To the extent any limitation above is held unenforceable in your jurisdiction, the limitation shall be reduced to the minimum extent permitted. Without limiting the generality of the foregoing, nothing in this Section 17 purports to exclude or limit liability for gross negligence or willful misconduct to the extent such exclusion is prohibited by California Civil Code §1668 or equivalent mandatory law.

18. Indemnification

18.1 Non-consumer users (US businesses and non-consumer individuals outside the EU/UK). You agree to indemnify, defend, and hold harmless LAPOS and its affiliates from and against any third-party claims, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising from:

  • Your breach of these Terms or applicable law
  • Your misuse of the Services
  • Your violation of third-party rights (including IP, privacy, or contract rights)
  • Your use of the Services in a prohibited jurisdiction or via circumvention of geographic restrictions
  • Any automated decision you configured or authorized (but only to the extent such indemnification is not prohibited by GDPR Article 22 or equivalent local law)

18.2 Consumer carve-out (EU/UK/California consumers and other consumer-protected users). For users who qualify as consumers under applicable mandatory consumer protection law (including EU Directive 93/13/EEC, UK CRA 2015, and California consumer statutes):

  • You are not required to "defend" LAPOS (i.e., you are not required to engage or pay for counsel of LAPOS's choosing). Your obligation is limited to indemnifying and holding harmless on a reimbursement basis.
  • The triggering conduct is narrowly limited to (a) intentional misconduct or fraud, or (b) a material violation of Section 10.1 (Market manipulation) that results in a third-party claim against LAPOS.
  • The obligation is capped at the liability limit in Section 17.2.
  • California Civil Code §1668. Nothing in this Section 18 attempts to require indemnification for liabilities that, as a matter of California law under Civil Code §1668, cannot be contractually shifted (including liability for gross negligence or willful injury to the person or property of another).

This obligation survives termination.

19. Privacy

Our handling of personal data is described in the separate LAPOS Privacy Policy (https://lapos.it/legal/privacy-policy), which is incorporated into these Terms by reference. By using the Services you agree to the Privacy Policy.

20. Force Majeure

Neither party is liable for failure or delay in performance (other than payment obligations) caused by events beyond reasonable control, including but not limited to: natural disasters, acts of war, terrorism, labor disputes, government action, regulatory changes, blockchain network failures, widespread internet outages, cyberattacks (including supply chain and prompt-injection attacks), pandemic restrictions, or actions of third-party infrastructure providers including Polymarket, Polygon, Anthropic, Privy, Stripe, Cloudflare, or Hetzner.

21. Governing Law and Dispute Resolution

21.A Consumer Carve-Out (EU, UK, and California consumers)

If you are a consumer resident in the European Union, the European Economic Area, the United Kingdom, or California, the remainder of this Section 21 does not apply to you to the extent it is inconsistent with the following paragraphs. In that case:

21.A.1 Governing law. The law of your country (or, for California, state) of habitual residence applies to all mandatory consumer protection provisions. The choice of Wyoming law in §21.1 below does not deprive you of the protection afforded by mandatory rules of the law of your habitual residence (Rome I Regulation Art. 6(2); Brussels I Recast Art. 17-19; UK Consumer Rights Act 2015 s.74).

21.A.2 Venue. You may bring a claim in the courts of your country (or state) of habitual residence. We may bring a claim only in the courts of your country (or state) of habitual residence.

21.A.3 Arbitration, class waiver, time bar do not apply. The binding-arbitration clause (§21.3), the AAA venue in Cheyenne (§21.3), the class-action waiver (§21.4), the Cheyenne-courts fallback (§21.4), and the two-year time bar (§21.7) do not apply to you. Claims are subject to the statutory limitation period in your jurisdiction.

21.A.4 Informal resolution encouraged. We still ask (but do not require) that you contact [email protected] with "Dispute" in the subject line and allow us 30 days to respond before initiating proceedings.

21.A.5 EU Online Dispute Resolution. EU consumers may use the European Commission's Online Dispute Resolution platform: https://ec.europa.eu/consumers/odr.

21.B Non-Consumer Users (US businesses and users outside the carve-out)

21.1 Governing law. These Terms are governed by the laws of the State of Wyoming, USA, without regard to conflict-of-laws principles.

21.2 Informal resolution. Before filing a formal claim, you agree to attempt to resolve disputes informally by contacting [email protected] and allowing us thirty (30) days to respond.

21.3 Binding arbitration. Any dispute not resolved informally shall be resolved by binding individual arbitration administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules.

Seat of arbitration. Arbitration shall be seated:

  • For consumers resident in the United States outside California (including but not limited to residents of Texas, New York, Florida, Illinois, and all other US states and territories not covered by §21.A): in the AAA-designated hearing locale in or nearest to your state of residence per AAA Consumer Arbitration Rule R-11, unless you elect in writing to arbitrate in Cheyenne, Wyoming. This election preserves the consumer-friendly proximity standard AAA applies to consumer contracts.
  • For non-consumer users (US businesses and non-consumer individuals outside the consumer carve-outs in §21.A): in Cheyenne, Wyoming, or remotely at the arbitrator's discretion.

In all cases, remote proceedings by telephone or videoconference may be ordered by the arbitrator where appropriate.

Filing fees. If you initiate arbitration, you are responsible only for the consumer filing fee specified in the current AAA Consumer Arbitration Rules (currently capped for consumer claims). LAPOS will pay all remaining arbitration costs, including the arbitrator's compensation and AAA administrative fees, except where the arbitrator determines that your claim was frivolous.

21.4 Class action waiver. You and LAPOS each waive any right to a trial by jury and the right to participate in a class action, class arbitration, or representative proceeding. All claims must be brought in your individual capacity only. If this class waiver is held unenforceable for a particular claim and arbitration is thereby unavailable, that specific claim shall proceed in a court of competent jurisdiction over you and LAPOS, with all other provisions of these Terms (including liability caps and governing law to the extent enforceable) continuing to apply. The unenforceability of the class waiver shall not invalidate the arbitration agreement as a whole for claims where the waiver is enforceable.

21.5 Exceptions. Either party may seek injunctive relief in a court of competent jurisdiction to protect intellectual property, trade secrets, or confidential information, notwithstanding this Section 21.

21.6 Residual consumer-rights preservation. Nothing in §§21.1-21.5 prevents a consumer (including any consumer not covered by §21.A above) from bringing a claim in the courts of their country or state of residence under mandatory local consumer law.

21.7 Time bar (non-consumer users). Any claim must be brought within the shorter of two (2) years of the event giving rise to it or the period provided by the applicable statute of limitations. Claims under GDPR or other mandatory data protection law are governed by the statutory limitation of that law; consumers covered by §21.A are subject to their local statutory limitation, not this §21.7.

22. Changes to the Terms

22.1 Amendment. We may amend these Terms from time to time. Material changes will be communicated via in-app notification and, where you have provided an email address, by email, with at least thirty (30) days' prior notice before the change takes effect. Non-material changes (typos, clarifications, formatting) may be made without advance notice.

22.2 Acceptance. Continued use of the Services after the effective date of an amendment constitutes your acceptance of the amended Terms. If you do not accept, you must discontinue use and may terminate your account per Section 16.

22.3 Material changes. A change is "material" if it expands your obligations, reduces LAPOS's obligations, modifies dispute resolution procedures, or otherwise reduces user-favorable terms.

23. Miscellaneous

23.1 Entire agreement and order of precedence. These Terms, together with the Privacy Policy and the Risk Disclosure, constitute the entire agreement between you and LAPOS regarding the Services and supersede all prior agreements. In the event of conflict between these documents, the order of precedence is: (1) mandatory applicable law (including GDPR, CCPA, EU AI Act, consumer protection law); (2) these Terms; (3) the Risk Disclosure; (4) the Privacy Policy. For privacy- and data-specific matters, the Privacy Policy controls unless it conflicts with a higher-ranking instrument above.

23.2 Severability. If any provision is held unenforceable, the remaining provisions continue in full force, and the unenforceable provision shall be reformed to the minimum extent necessary to make it enforceable.

23.3 No waiver. Our failure to enforce any right is not a waiver of that right.

23.4 Assignment. You may not assign these Terms without our prior written consent. We may assign these Terms in connection with a merger, acquisition, reorganization, or sale of assets, with notice to you.

23.5 Relationship. Nothing creates a partnership, joint venture, agency, franchise, or employment relationship between you and LAPOS.

23.6 Notices. We may give notice by in-app message, by email to the address on your account (if you have provided one), or by prominent posting on https://lapos.it. If you have authenticated via wallet-only login and have not provided an email, notice by in-app message and posting on https://lapos.it is deemed effective. You may give notice to us at [email protected] (for contract and service-of-process matters) or [email protected] (for privacy and data-protection matters).

23.7 Language. These Terms are provided in English. Translations are for convenience only; in case of conflict, the English version controls.

24. Contact

Postal address for legal notices: c/o the registrant of lapos.it (published via WHOIS). A dedicated business postal address will be published here upon incorporation.

Routed email aliases (during the pre-incorporation period these aliases route to a single operator mailbox; they are retained for forward compatibility with a dedicated DPO and EU Representative once appointed):

Purpose Address Status
Privacy requests, DSARs, data subject rights [email protected] Active — routes to operator; GDPR data-subject rights operational per §9 and Privacy Policy.
Data Protection Officer (GDPR Art. 37, upon appointment) [email protected] Reserved — not yet appointed. A dedicated DPO has not been engaged as of the effective date. Messages to this address currently route to the same operator mailbox as [email protected]; they are handled but are not treated by a DPO in the Art. 37 sense. A DPO will be appointed before the Services meet the GDPR Art. 37(1) trigger criteria (or earlier, at our discretion), at which point this row will be updated with the appointed DPO's contact details and this caveat removed.
EU Representative (GDPR Art. 27, upon appointment) [email protected] Reserved — not yet appointed. An EU Article 27 Representative has not been engaged as of the effective date; LAPOS is therefore not actively marketing to EU data subjects (see docs/features/scope.md line 46 and Privacy Policy §2). When the Services begin active EU marketing, an Article 27 Representative will be appointed, this row updated, and a transition notice will be issued to EU users.
Legal notices and service of process [email protected] Active — routes to operator.
Product support [email protected] Active — routes to operator.
Disputes under Section 21 (informal resolution) [email protected] with subject line "Dispute" Active.

For anything not covered above, or when in doubt, [email protected] will forward. Please include a clear subject line (e.g. "Privacy request", "Dispute", "Legal notice", "Support") so we can route internally and meet the applicable response deadline.

By using LAPOS, you acknowledge that you have read, understood, and agreed to these Terms, the Privacy Policy, and the Risk Disclosure.