Plain-language summary: By using Tapioca you agree to these terms. You must be 18 or older and not subject to sanctions. Tapioca is non-custodial — your funds are controlled by your smart account, not by us. There are currently no fees to use the protocol. Disputes are resolved by binding arbitration under Kansas law; you have 30 days from your first use to opt out of arbitration.
Version: v1.0.1
1. Agreement to terms
By accessing or using the Services in any manner — including visiting the website, connecting a wallet, creating a smart account, or executing any transaction — you agree to these Terms and our Privacy Policy. If you do not agree, you must not access or use the Services. These Terms apply to all visitors, Users, and others who access or use the Services. Where applicable, additional terms may govern specific features or integrations; those additional terms are incorporated into these Terms by reference.2. Description of services
Tapioca is a non-custodial DeFi yield platform deployed on the Base network (an Ethereum Layer 2 developed by Coinbase). The Services allow eligible Users to:- Create a smart account (ERC-4337 compliant) associated with their identity;
- Deposit supported digital assets into on-chain yield strategies;
- Earn yield generated by those strategies;
- Withdraw principal and accrued yield at any time;
- Grant and revoke scoped, time-limited Session Keys (EIP-7702) to interact with the protocol without manually authorising every transaction.
3. Eligibility
3.1 Age requirement
You must be at least 18 years of age to use the Services. By accessing the Services you represent and warrant that you are 18 years of age or older.3.2 Sanctions and legal compliance
By using the Services you represent and warrant that:- You are not a person or entity located in, incorporated under the laws of, or a national or resident of any country or territory subject to comprehensive sanctions administered by the U.S. Office of Foreign Assets Control (OFAC), the United Nations Security Council, the European Union, or Her Majesty’s Treasury of the United Kingdom, including without limitation Cuba, Iran, North Korea, Syria, or the Crimea, Donetsk, and Luhansk regions of Ukraine;
- You are not named on any list of prohibited or restricted parties maintained by the foregoing authorities, including the OFAC Specially Designated Nationals and Blocked Persons List;
- You are not acting on behalf of any such person or entity;
- Your use of the Services does not violate any applicable law or regulation of the jurisdiction in which you reside or from which you access the Services.
3.3 Capacity
You represent that you have the full legal capacity and authority to enter into these Terms, either on your own behalf or on behalf of the legal entity for which you are acting.4. Your account
4.1 Smart account creation
When you sign up for the Services, a smart account is created on-chain on your behalf using the ERC-4337 account-abstraction standard. This smart account is associated with your credentials (e.g., your email address authenticated through Privy) and a cryptographic key pair. The smart account address is derived deterministically from your key material.4.2 Non-custodial nature
Tapioca is non-custodial. Automata AI does not hold, store, or have access to your private keys. You are solely responsible for the security of your credentials and the keys associated with your smart account. If you lose access to your credentials and are unable to recover them through the authentication provider (Privy), Automata AI cannot recover your account or your funds.4.3 Account responsibility
You are responsible for all activity that occurs under your account. You agree to:- Maintain the confidentiality of your authentication credentials;
- Notify us promptly at hello@beautomata.com if you suspect unauthorised access to your account;
- Not permit any third party to use your account except through the Session Key mechanism described in Section 5.
5. Session keys and delegated access
5.1 EIP-7702 session key mechanics
The Services incorporate EIP-7702 Session Key mechanics in conjunction with ERC-4337 account abstraction. Session Keys are scoped, time-limited cryptographic authorisations that permit automated or delegated interactions with the protocol on your behalf — such as routine yield compounding or periodic rebalancing — without requiring you to sign each individual transaction.5.2 Scope and limitations
Each Session Key is issued with defined parameters, which may include:- Permitted contracts: the specific smart contracts the Session Key may interact with;
- Permitted methods: the specific function calls the Session Key may invoke;
- Spending limits: maximum asset amounts that may be transferred per transaction or per session period;
- Expiry: a timestamp after which the Session Key is automatically invalidated.
5.3 User responsibility
You are solely responsible for reviewing and understanding the scope of any Session Key before granting it. Automata AI provides tooling to display the parameters of each Session Key in plain language, but you bear ultimate responsibility for confirming that a Session Key’s parameters reflect your intent. You may revoke any active Session Key at any time through the Tapioca interface.5.4 Relayer and bundler disclosure
Gasless transactions facilitated through the Services are submitted to the Base network by third-party relayers and bundlers (including those provided by ZeroDev and Alchemy). Automata AI does not operate these relayers or bundlers. Automata AI does not guarantee transaction inclusion, ordering, or timing; network conditions and bundler policies may affect when or whether a transaction is included in a block.6. Fees
6.1 Current fee schedule
There is currently no fee charged by Automata AI for accessing or using the Services. Gas fees associated with on-chain transactions are sponsored by Automata AI through ERC-4337 paymasters at no cost to Users.6.2 Yield strategy fees
Certain underlying third-party yield strategies may carry their own protocol-level fees (e.g., management fees or performance fees charged by the strategy contracts). Where applicable, these fees are disclosed on the relevant strategy information page within the Tapioca interface before you deposit.6.3 Right to introduce fees
Automata AI reserves the right to introduce platform fees in the future. We will provide Users with at least 30 days’ prior written notice (via email and/or an in-app notification) before any new fee schedule takes effect. Continued use of the Services after the effective date of a fee change constitutes your acceptance of the revised fee schedule.7. Risks and disclaimers
7.1 Smart contract risk
The Services are built on smart contracts deployed on the Base network. Smart contracts are software programs; they may contain bugs, vulnerabilities, or unintended behaviours that can result in the partial or total loss of assets. While the underlying contracts are audited, no audit guarantees the absence of all vulnerabilities. You use the Services at your own risk.7.2 Market volatility
Digital assets, including the assets you deposit into Tapioca, are subject to significant price volatility. The value of your deposited assets and accrued yield may increase or decrease, and you may receive back less than you deposited when measured in fiat currency terms.7.3 Yield fluctuation
Yield rates displayed on the Tapioca interface are estimates based on current protocol conditions. Actual yield may be higher or lower than displayed estimates and may change at any time in response to on-chain market conditions. Past yield performance is not indicative of future results.7.4 Protocol and network risk
The Services depend on the continued operation of the Base network, the underlying Ethereum mainnet, and various third-party protocols. Network outages, consensus failures, Layer 2 bridge failures, or changes in the underlying protocols could result in temporary or permanent unavailability of the Services or loss of access to funds.7.5 Regulatory risk
The regulatory status of DeFi protocols and digital assets is subject to change. Future regulatory developments may restrict or prohibit your use of the Services in your jurisdiction.7.6 No investment advice
Nothing in the Services constitutes investment, financial, legal, or tax advice. You should conduct your own independent due diligence and consult qualified advisers before making any financial decision.7.7 No warranties
THE SERVICES ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR THAT THE SERVICES WILL BE UNINTERRUPTED OR ERROR-FREE.8. Third-party services
The Services integrate with a number of third-party providers (“Third-Party Services”). Your use of these Third-Party Services is subject to their respective terms of service and privacy policies. Automata AI is not responsible for the acts or omissions of any Third-Party Service provider.8.1 Current integrations
| Provider | Role |
|---|---|
| Privy | Embedded wallet creation and user authentication |
| ZeroDev | ERC-4337 smart account infrastructure and Session Key management |
| Alchemy | RPC node access and transaction bundling |
| Vercel | Frontend hosting and edge delivery |
| Neon | Serverless PostgreSQL database (off-chain application data) |
| Resend | Transactional email delivery |
| PagerDuty | Operational incident management and alerting |
| Coinbase / Base | Layer 2 network infrastructure |
8.2 Planned integrations
The following integrations are in development and are expected to be introduced in future versions of the Services. This Section will be updated when they go live:- Biconomy — Additional relayer and bundler infrastructure;
- MoonPay — Fiat on-ramp and off-ramp services;
- Safe — Multi-signature account support.
8.3 Third-party links
The Services may contain links to third-party websites or services. Such links do not constitute an endorsement by Automata AI of those websites or services. We have no control over the content, privacy practices, or availability of third-party sites.9. Intellectual property
9.1 Ownership
The Tapioca interface, including its design, text, graphics, logos, code, and documentation (excluding User-generated content and open-source components), is the property of Automata AI and is protected by applicable intellectual property laws.9.2 Licence grant
Subject to your compliance with these Terms, Automata AI grants you a limited, non-exclusive, non-transferable, revocable licence to access and use the Services for your own personal, non-commercial purposes.9.3 Restrictions
You agree not to: (a) copy, modify, distribute, sell, or lease any part of the Services; (b) reverse engineer, decompile, or disassemble any software component of the Services (to the extent permitted by applicable law); or (c) remove any proprietary notices from the Services.9.4 Open-source components
Certain components of the Services are released under open-source licences. Nothing in these Terms limits rights granted under those licences.10. Limitation of liability
10.1 Exclusion of indirect damages
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL AUTOMATA AI, ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES — INCLUDING LOSS OF PROFITS, LOSS OF DATA, LOSS OF GOODWILL, OR LOSS OF DIGITAL ASSETS — ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF, OR INABILITY TO USE, THE SERVICES, EVEN IF AUTOMATA AI HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.10.2 Cap on liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, AUTOMATA AI’S TOTAL CUMULATIVE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES SHALL NOT EXCEED THE GREATER OF: (A) THE FEES PAID BY YOU TO AUTOMATA AI IN THE TWELVE MONTHS PRECEDING THE CLAIM; OR (B) ONE HUNDRED US DOLLARS (USD $100).10.3 Basis of the bargain
YOU ACKNOWLEDGE THAT THE LIMITATIONS OF LIABILITY SET FORTH IN THIS SECTION REFLECT A REASONABLE ALLOCATION OF RISK AND ARE AN ESSENTIAL ELEMENT OF THE BASIS OF THE BARGAIN BETWEEN YOU AND AUTOMATA AI. AUTOMATA AI WOULD NOT PROVIDE THE SERVICES WITHOUT THESE LIMITATIONS.11. Dispute resolution
11.1 Governing law
These Terms and any dispute arising out of or relating to them or the Services shall be governed by and construed in accordance with the laws of the State of Kansas, United States, without regard to its conflict-of-law provisions.11.2 Mandatory arbitration
READ THIS SECTION CAREFULLY — IT AFFECTS YOUR LEGAL RIGHTS. Except as expressly stated in Section 11.5 below, any dispute, claim, or controversy arising out of or relating to these Terms, the Services, or the breach, termination, enforcement, interpretation, or validity thereof (“Dispute”) shall be finally resolved by binding arbitration administered by the American Arbitration Association (“AAA”) under its Consumer Arbitration Rules (available at adr.org), except where those rules conflict with these Terms, in which case these Terms control. The arbitration shall be conducted in the English language. The seat of arbitration shall be Wichita, Kansas, United States, provided that either party may elect to conduct the arbitration by telephone, videoconference, or written submissions if the amount in dispute is below USD $10,000. The arbitral award shall be final and binding, and judgment upon the award may be entered in any court of competent jurisdiction. The arbitrator may award any remedy available at law or in equity, including injunctive relief and attorney’s fees, but may not award relief inconsistent with these Terms.11.3 Class action waiver
YOU AND AUTOMATA AI AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS ACTION, COLLECTIVE ACTION, PRIVATE ATTORNEY GENERAL ACTION, OR OTHER REPRESENTATIVE PROCEEDING.11.4 Jury trial waiver
TO THE EXTENT PERMITTED BY APPLICABLE LAW, YOU AND AUTOMATA AI HEREBY WAIVE ANY CONSTITUTIONAL AND STATUTORY RIGHTS TO SUE IN COURT AND TO HAVE A TRIAL BEFORE A JUDGE OR JURY.11.5 Opt-out right
You have the right to opt out of binding arbitration within 30 days of the date on which you first access or use the Services. To opt out, you must send written notice to Automata AI by email at hello@beautomata.com with the subject line “Arbitration Opt-Out” and include your name and the email address associated with your account. If you opt out of arbitration, the exclusive jurisdiction and venue for any Dispute shall be the state and federal courts located in Sedgwick County, Kansas.11.6 Small claims
Notwithstanding the foregoing, either party may bring an individual action in a small claims court of competent jurisdiction, provided the claim qualifies under that court’s rules.12. Changes to terms
Automata AI reserves the right to modify these Terms at any time. If we make material changes, we will notify you by posting the updated Terms on the Services and, where practicable, by sending notice to the email address associated with your account. The updated Terms will take effect on the date indicated at the top of the revised document. Your continued use of the Services after the effective date of any revised Terms constitutes your acceptance of those changes.13. Contact
If you have any questions about these Terms, please contact us at: Automata AI, Inc.Email: hello@beautomata.com
Website: beautomata.com