Terms of Service

1. Who we are and what these Terms cover

These Terms of Service (the “Terms”) are a binding agreement between you and Amilase Invest OÜ, a private limited company registered in the Estonian Commercial Register (e-Business Register) under registry code 16093311, address Tornimäe tn 3, 10145 Tallinn, Estonia, VAT EE102306974 (“HoodSafe”, “we”, “us”).

They apply to everything we provide under the HoodSafe name (together, the “Services”), including:

• the website and web terminal at https://hoodsafe.it and its sub-pages;
• the HoodSafe Telegram bots and channels;
• the HoodSafe browser extension (“HoodSafe Wallet”);
• the HoodSafe wallet, swap, automated trading, token locker, borrowing, alerts, referral, points, social and analytics features;
• our application programming interfaces (APIs).

Some features have additional rules shown when you use them (for example a confirmation screen or risk notice). Those rules form part of these Terms. Our Privacy Policy, Cookie Policy and Risk Disclosure also apply and should be read together with these Terms.

2. Accepting these Terms

By creating a HoodSafe account (including by starting the HoodSafe Telegram bot), signing in, installing the extension or otherwise using the Services, you confirm that you have read and accept these Terms. If you do not accept them, do not use the Services.

If you use the Services on behalf of a company or other entity, you confirm that you are authorised to bind it, and “you” includes that entity.

3. Who may use HoodSafe

You may use the Services only if all of the following are true:

• You are at least 18 years old and have full legal capacity.
• You are not a “U.S. person” (including a U.S. citizen or resident, or an entity organised in the United States) and you are not using the Services from the United States.
• You are not resident in, located in, or a national of a country or territory subject to comprehensive sanctions or where the Services are prohibited (including, without limitation, Iran, North Korea, Syria, Cuba, and the occupied regions of Ukraine).
• Because of EU sanctions, you are not a Russian or Belarusian national or resident, unless an exemption under EU law clearly applies to you (for example, EU citizenship or a residence permit in the EU/EEA or Switzerland).
• You are not listed on, or owned or controlled by anyone listed on, any EU, UN, UK or U.S. sanctions list.
• Using the Services, and holding or trading the assets you use them for, is lawful where you live and where you are.
• You have not previously been suspended or banned from the Services.

Some assets, in particular tokenised stocks issued by third parties, carry their own eligibility restrictions set by the issuer. You are responsible for meeting them. We may use geolocation and other checks and may refuse, restrict or close access where we reasonably believe these conditions are not met.

4. What HoodSafe is, and what it is not

HoodSafe is a software platform for blockchain markets, in particular Robinhood Chain. It provides market data, analytics and tools that let you send instructions to public blockchains and to third-party protocols.

HoodSafe is not a bank, credit institution, payment institution or investment firm. It does not accept deposits, does not lend you money, and does not act as your broker, agent, fiduciary or counterparty in any trade, unless a feature expressly says otherwise. Assets in your HoodSafe wallet are not covered by any deposit-guarantee or investor-compensation scheme.

HoodSafe is independent. It is not affiliated with, endorsed or sponsored by Robinhood Markets, Inc. or its affiliates, Morpho, OKX, Telegram or any other third party named in the Services. Their names and marks belong to their owners and are used only to describe compatibility.

5. Your account and security

Your HoodSafe account is linked to your Telegram account. Web and extension sessions are created with a one-time code from our Telegram bot. You are responsible for:

• keeping your Telegram account, devices, sessions and any exported private keys secure;
• everything done through your account or with your keys, unless the activity results from our breach of these Terms or our negligence;
• telling us immediately at [email protected] if you suspect unauthorised access.

Treat a signed-in session like access to your wallet. Sign out of shared devices. We will never ask for your private key, seed phrase or Telegram login code by message, email or phone.

6. The HoodSafe wallet

When you start using HoodSafe we create a blockchain wallet (an address and its private key) for you. The HoodSafe wallet is custodial in a technical sense: we generate and store its private key in encrypted form, so that our systems can sign the transactions you request.

• Your assets: the assets at your wallet address belong to you. They are not our property, are not lent out or used by us, and are held at your own blockchain address, separate from our own funds.
• What we sign: our systems sign transactions from your wallet only on your instructions, given through the bot, website or extension. Those instructions include automated strategies you have configured and enabled.
• Exporting your key: you can export your private key and move your assets to a wallet you control at any time, subject only to network fees and the legal restrictions described in these Terms.
• Blockchain transactions are final. Once broadcast, a transaction cannot be reversed by us or anyone else. Sending assets to a wrong address, wrong network or incompatible contract will usually lose them permanently.
• Tokens you did not ask for: anyone can send tokens to a public address, including scam or spam tokens. Do not interact with tokens you do not recognise. They may be designed to steal funds when approved or traded.

We use reasonable technical and organisational measures to protect wallet keys and systems. No system is completely secure, however, and the Risk Disclosure explains the remaining risks.

7. Swaps, orders and automated trading

The Services let you buy, sell and swap tokens and tokenised assets through third-party routing and liquidity sources (for example decentralised exchanges and aggregators) and through HoodSafe smart contracts.

• Quotes are estimates. Prices move between quote and execution. Your protection is the minimum amount received (slippage limit) shown before you confirm. If it cannot be met, the transaction is rejected and you may still pay network fees.
• No guarantee of execution. Orders may fail, be delayed or execute at a worse price because of liquidity, network congestion, reorganisations, oracle or RPC failures, front-running and other on-chain behaviour beyond our control.
• Automated features (including snipers, auto-buy, take-profit/stop-loss, copy or signal-based trading, and alerts) act on rules you set. They may trigger, fail to trigger, or trigger more than once on volatile, manipulated or erroneous data. You are responsible for the settings you choose and for monitoring them. You can pause them at any time.
• Token screening (risk flags, honeypot checks, “quarantine” and similar) is best-effort and cannot detect every malicious or worthless token.

8. Token locker, borrowing and tokenised stocks

Token locker

Locking tokens transfers them to a smart contract until the unlock time you choose. Locked tokens cannot be withdrawn early by you, by us or by anyone else. Lock certificates and public lock pages are informational records and are not securities or guarantees.

Borrowing (Morpho)

Borrowing lets you supply assets as collateral and borrow from independent Morpho Blue markets. HoodSafe is not the lender. Each loan is a position you hold directly in a third-party protocol, governed by its smart contracts, interest-rate model and price oracle.

• Liquidation: if your debt reaches the market’s liquidation threshold, anyone may repay part of it and take your collateral at a discount. This can happen suddenly, including when markets reopen after a weekend or holiday.
• HoodSafe safety cap: by default we refuse borrows above a share of the liquidation limit. This reduces risk but does not prevent liquidation.
• Alerts: liquidation alerts and “Weekend Guard” messages are best-effort notifications and may arrive late or not at all. You remain responsible for monitoring and repaying your positions.
• Interest accrues continuously at the variable market rate.

Tokenised stocks

Tokenised stocks (“stock tokens”) are issued by third parties and track the price of an underlying share or fund. They are not the shares themselves. Holding one does not, by itself, give you shareholder rights such as voting, and their availability, pricing, trading hours and corporate-action treatment are set by the issuer and the markets where they trade. HoodSafe does not issue stock tokens and is not responsible for the issuer’s obligations.

9. Fees

Creating an account and viewing market data is free. We charge the following fees, which are always shown before you confirm a transaction:

• Swaps (buy/sell): 0.8% of the trade value, deducted automatically within the transaction.
• Borrowing: a one-time origination fee of 0.25% of each new amount borrowed. It is transferred from the borrowed amount to HoodSafe immediately after the borrow. Morpho interest is separate and goes to the market’s lenders.
• Other features may carry fees that are displayed before you use them.

You also pay blockchain network (gas) fees and any fees charged by third-party protocols, issuers or liquidity sources. These do not go to HoodSafe and are not refundable, even if a transaction fails. We may change our fees for future transactions by updating the Services and these Terms.

10. Referrals, points and promotions

• Referrals: referrers currently receive 30% of the HoodSafe fees generated by users they refer, paid on-chain within the fee-generating transaction where technically possible. We may change or end the referral programme for the future.
• Forfeiture: we may withhold or reverse rewards obtained through self-referral, fake accounts, wash trading or other abuse.
• HoodSafe Points and similar scores are promotional and have no monetary value. They cannot be sold or transferred, are not a financial instrument or crypto-asset, and give you no right to any token, payment or other benefit unless we expressly announce separate terms for that.
• No token offer: nothing in the Services is an offer of the HST token or of any other token.

11. Rules of use

You must not, and must not help anyone else to:

• break any law or regulation, including sanctions, anti-money-laundering, market-abuse and tax laws;
• use the Services with funds or assets derived from crime;
• manipulate markets, including:
  • wash trading;
  • spoofing;
  • pump-and-dump schemes;
  • trading on inside information;
  • spreading false or misleading information, including in social callouts.
• abuse referrals, points or promotions, or run multiple accounts to do so;
• probe, scan, overload, disrupt, reverse-engineer or bypass the security of the Services, or exploit a bug instead of reporting it;
• scrape or bulk-download data, or use the APIs beyond documented limits, without our written permission;
• impersonate HoodSafe or another person, or post unlawful, infringing, hateful or harassing content.

Please report security issues to [email protected]. We do not take action against good-faith reports that do not harm users or data.

12. Your content and our intellectual property

The Services, including software, design, data compilations, texts and the HoodSafe name and logo, are owned by us or our licensors and are protected by law. We grant you a personal, revocable, non-exclusive, non-transferable licence to use them for their intended purpose under these Terms.

You keep ownership of content you post (for example callouts, comments or profile details). You grant us a worldwide, royalty-free licence to host, display, reproduce and distribute it within the Services and in promoting them, for as long as it is on the Services. We may remove content that breaks these Terms or the law.

13. Third-party services and blockchains

The Services rely on third parties we do not control. These include:

• public blockchains and their validators/sequencers;
• RPC and data providers;
• decentralised exchanges and aggregators;
• Morpho and other protocols;
• token issuers and price oracles;
• Telegram and hosting providers.

Their availability, accuracy and conduct are outside our control, and their own terms may apply to you. We are not responsible for their acts or omissions, including smart-contract exploits, oracle errors, protocol changes, forks or network outages.

14. Availability, changes and suspension

We aim to keep the Services available and accurate but provide them “as is” and “as available”. We may change, add or remove features, and may perform maintenance.

We may suspend or restrict your access, or refuse or cancel an instruction that has not been broadcast, if:

• we reasonably believe it is needed to comply with law or a request from an authority;
• it is needed to protect you, other users or the Services;
• it is needed to investigate suspected breach of these Terms.

Where lawful, we will tell you the reason. During a suspension we will, unless legally prevented, let you export your private key or withdraw your assets.

15. Ending this agreement

You may stop using the Services at any time. To close your account, contact us. Before you do, move your assets out of your HoodSafe wallet or export its private key: after closure, the encrypted key may be deleted and the assets at that address would then be unrecoverable by us.

We may end this agreement by giving you at least 30 days’ notice. We may end it immediately if you seriously or repeatedly breach these Terms or if the law requires it. Sections that by their nature should survive (including fees owed, disclaimers, liability, and governing law) survive termination.

16. Disclaimers

To the fullest extent permitted by law, the Services, data and content are provided without warranties of any kind, express or implied. This includes warranties of merchantability, fitness for a particular purpose, accuracy, timeliness and non-infringement. We do not warrant that the Services will be uninterrupted, error-free or secure, that any data (including prices, scores, signals, oracle values or balances shown) is correct, or that any transaction will succeed or be profitable.

Trading and borrowing crypto-assets and tokenised stocks carries a high risk of losing your entire investment. Only use money you can afford to lose. See the Risk Disclosure.

17. Liability

What we never exclude. Nothing in these Terms excludes or limits:

• our liability for intentional breach or gross negligence;
• our liability for death or personal injury caused by negligence;
• any liability that cannot be limited or excluded under applicable law, including your mandatory rights as a consumer.

Subject to that:

• we are not liable for loss caused by market movements, liquidations, the acts or failures of third parties (including blockchains, protocols, oracles, issuers and service providers), your own instructions, settings or security failures, or events beyond our reasonable control;
• we are not liable for indirect or consequential loss, or for loss of profits, revenue, opportunity, goodwill or data;
• our total liability arising out of or in connection with the Services in any 12-month period is limited to the greater of (a) the HoodSafe fees you paid in that period and (b) EUR 100.

If you use the Services as a business, you will compensate us for third-party claims and reasonable costs arising from your breach of these Terms or of law.

18. Consumer rights

If you are a consumer in the EU/EEA, you keep the protections of the mandatory consumer laws of your country of residence, and nothing in these Terms limits them.

Right of withdrawal. You may withdraw from this agreement within 14 days of opening your account without giving a reason, by telling us at [email protected]. The account is free, so no payment is due on withdrawal. However:

• by asking us to start providing the Services immediately, you agree that individual transactions you instruct are performed at once;
• there is no right of withdrawal for swaps, trades, borrows, locks or other transactions whose price depends on fluctuations in financial or crypto-asset markets that we cannot control;
• there is no right of withdrawal for transactions that have already been executed on-chain.

If you have a complaint, contact us first at [email protected]. We will reply within 15 working days.

Consumers resident in Estonia may also turn to the Consumer Disputes Committee (Tarbijavaidluste komisjon) of the Consumer Protection and Technical Regulatory Authority (www.ttja.ee). Consumers elsewhere in the EU may contact their national consumer body or the European Consumer Centre network.

19. Governing law and disputes

These Terms and any non-contractual obligations arising from them are governed by the laws of the Republic of Estonia, without regard to its conflict-of-law rules.

Disputes will be resolved by Harju County Court (Harju Maakohus) in Tallinn as the court of first instance. If you are a consumer, you may also bring proceedings in the courts of your country of residence, and we may bring proceedings against you only there.

20. Changes to these Terms

We may update these Terms, for example when we add features, change fees or when the law changes.

• Notice: for changes that materially affect you, we will give at least 14 days’ notice on the website or through the Telegram bot before they take effect. Changes needed for legal or security reasons may take effect sooner.
• Your choice: if you do not agree, you may stop using the Services and close your account before the change takes effect. If you continue using them after that date, you accept the updated Terms.
• Dating: the effective date at the top shows the current version.

21. General

• Entire agreement: these Terms and the documents they reference are the entire agreement between you and us about the Services.
• Severability: if any provision is found invalid, the rest remains in force.
• No waiver: not enforcing a right is not a waiver of it.
• Transfer: you may not transfer your rights under these Terms. We may transfer ours to a successor of the HoodSafe business, provided your rights are not reduced.
• Language: these Terms are written in English. If a translation is provided, the English version prevails, except where consumer law requires otherwise.

22. Contact

Amilase Invest OÜ, Tornimäe tn 3, 10145 Tallinn, Estonia. Email: [email protected]. Telegram: HoodSafe channel.