Terms of Service

Last updated: December 27, 2024

1. Acceptance of Terms

By accessing or using Parallax's AI-powered DeFi portfolio analysis platform, you agree to be bound by these Terms of Service and our Privacy Policy. If you do not agree to these terms, please do not use our services.

2. Description of Service

Parallax provides AI-powered portfolio analysis through five distinct personas:

  • The Monk: Long-term holding and patience-based strategies
  • The Steady: Dollar-cost averaging and systematic approaches
  • The Farmer: Yield farming and liquidity provision optimization
  • The Momentum: Trend-following and technical analysis
  • The Balanced: Diversified risk management strategies

Our platform provides counterfactual analysis, showing how different strategies would have performed with your exact portfolio and timing.

3. Financial Disclaimers

IMPORTANT: Parallax provides educational analysis and insights only. Our services do not constitute financial advice, investment recommendations, or trading signals.

  • • All AI persona analysis is for informational purposes only
  • • Past performance does not guarantee future results
  • • DeFi investments carry significant risks including total loss of capital
  • • You are solely responsible for your investment decisions
  • • Consult qualified financial advisors before making investment decisions

4. User Responsibilities

As a Parallax user, you agree to:

  • • Provide accurate information for portfolio analysis
  • • Use the platform in compliance with applicable laws and regulations
  • • Not attempt to manipulate or exploit our AI analysis systems
  • • Maintain the security of your account credentials
  • • Not share your account access with unauthorized parties
  • • Respect intellectual property rights of Parallax and third parties

5. Prohibited Uses

You may not use Parallax to:

  • • Engage in market manipulation or fraudulent trading activities
  • • Reverse engineer or attempt to extract our AI algorithms
  • • Use our platform for money laundering or illegal financial activities
  • • Distribute malware or conduct cyberattacks through our services
  • • Violate securities laws or regulations in your jurisdiction

6. Intellectual Property

Parallax owns all intellectual property rights in our platform, including:

  • • AI persona algorithms and analysis methodologies
  • • Parallel Strategy Execution Engine (PSEE) technology
  • • Counterfactual analysis frameworks and implementations
  • • Platform design, user interface, and user experience
  • • Trademarks, logos, and brand materials

7. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, PARALLAX SHALL NOT BE LIABLE FOR:

  • • Investment losses resulting from use of our analysis or insights
  • • Smart contract failures, blockchain network issues, or DeFi protocol risks
  • • Indirect, incidental, special, or consequential damages
  • • Loss of profits, data, or business opportunities
  • • Platform downtime or service interruptions

Our total liability shall not exceed the amount you paid for Parallax services in the 12 months preceding the claim.

8. Platform Availability

While we strive for high availability, Parallax does not guarantee uninterrupted service. We may temporarily suspend or modify services for maintenance, updates, or technical issues. We are not liable for losses resulting from service interruptions.

9. Termination

Either party may terminate your account at any time. Parallax may suspend or terminate accounts for violations of these terms, suspicious activity, or legal requirements. Upon termination, your right to use the platform ceases immediately.

10. Governing Law

These Terms of Service are governed by the laws of Delaware, United States. Any disputes shall be resolved through binding arbitration in San Francisco, California, except for claims that may be brought in small claims court.

11. Changes to Terms

Parallax may modify these Terms of Service at any time. Material changes will be communicated through email or platform notifications. Continued use of our services after changes constitutes acceptance of the updated terms.

12. Contact Information

For questions about these Terms of Service, contact us at:

Email: legal@parallax.ai
Address: Parallax AI, Inc.
Legal Department
San Francisco, CA 94105