Terms of Service

Last updated 2026-10-25

1. What Elpis is

Elpis is software for creating payment actions that can be reviewed, delayed, and — where the payment is designed to allow it — recovered under its specified rules. The hosted service supports Arc mainnet execution, where transfers can move real value and may be irreversible. The public playground evaluates decisions without signing or moving funds. The regulatory treatment of a service depends on its actual activities and jurisdiction.

Where a treasury is self-custodied, your own wallet signs every transaction and Elpis holds no key that can move your funds. Where a treasury is managed, a key held by the operator signs on your behalf; the interface tells you which mode a treasury is in.

2. Networks, assets and execution

The public playground does not hold or transfer money. Some supported treasury features integrate with Arc mainnet and can involve real USDC. A recorded release or refund decision is not by itself proof of an on-chain transfer. Confirm network, address, token, signer and transaction receipt before any payment. A confirmed blockchain transaction generally cannot be reversed by Elpis.

3. Your account and your keys

You are responsible for your account credentials, your wallet, and any keys you hold. Access is protected by a password and, optionally, a second factor. In self-custody mode, if you lose your wallet key, Elpis cannot recover it and cannot move your funds — that is the point of self-custody.

You must keep your credentials secure. Notify us promptly of any unauthorised use. You are responsible for activity taken through your account and keys.

4. Acceptable use

Our Acceptable Use Policy is part of these terms. In summary, you agree not to use Elpis to:

  • break any law that applies to you, including sanctions and export-control rules;
  • move the proceeds of crime, or to evade any legal or regulatory requirement;
  • interfere with, attack, or attempt to gain unauthorised access to the service or other users;
  • misrepresent the service as providing custody, insurance, or any guarantee it does not provide.

You are responsible for whether your own use of the service is lawful where you are. Public evaluation is available without funding a vault. Using real-value features may introduce additional legal obligations in your jurisdiction.

5. No financial, legal, or tax advice

Nothing in Elpis is advice. It does not recommend payments, investments, counterparties, or tax treatment, and it makes no promise about outcomes. Decisions are yours.

6. Availability, changes, and no warranty

The service is provided “as is” and “as available”, without warranties of any kind, express or implied, including fitness for a particular purpose. Features may change, break or be withdrawn. Local development or sandbox data may be reset; production data retention is addressed in the Privacy Policy.

7. Limitation of liability

To the fullest extent permitted by law, the operator is not liable for indirect, incidental, or consequential losses, or for loss of data, profits, or goodwill, arising from your use of the service. Where liability cannot be excluded, it is limited to the amount you paid for the service in the twelve months before the claim.

8. Data and privacy

How we handle data is described in the Privacy Policy. On-chain data is public by its nature.

9. Governing law and contact

These terms are governed by the laws of the operator’s jurisdiction, and disputes are subject to its courts. Questions: legal@devilabs.dev.