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Protocol Disclaimers

Current Phase: Shadow Mainnet Testing

Multyr contracts are deployed on Arbitrum One. The system is currently in validation phase. Deposits are not open to the public. Behavior described on this page reflects the protocol's designed behavior; some mechanisms are active in shadow testing, others become active at public launch. See the Status page for details.

This page provides a high-level overview of important considerations when interacting with the Multyr Protocol.

It is not a substitute for the full Terms of Use or Risk Disclosures.

Non-Custodial System​

Multyr is a non-custodial protocol.

Users interact directly with smart contracts and retain full control over their assets at all times.

The protocol does not:

  • Hold user funds off-chain
  • Execute user-initiated transactions (deposits, withdrawals) without the user's signed authorization
  • Have the ability to reverse or modify past user transactions
  • Provide any recourse against transaction outcomes determined by on-chain logic

The protocol does operate autonomously for system-level operations (rebalancing, fee collection, emergency actions) according to predefined rules encoded in smart contracts. These operations are triggered by keepers and governance actors according to on-chain conditions, not by discretionary human decision. See How It Works — Rebalancing for details.

No Financial Advice​

Multyr does not provide:

  • Financial advice
  • Investment recommendations
  • Portfolio management services

All interactions with the protocol are performed at the user's own discretion.

Risk Awareness​

Using Multyr involves risk. Losses, including total loss of deposited capital, are possible.

These risks include, but are not limited to:

  • Smart contract vulnerabilities
  • Failures in underlying protocols
  • Oracle failures or manipulation
  • Governance action and parameter changes
  • Liquidity constraints during stress conditions
  • Market volatility affecting underlying strategies
  • Regulatory changes

Users should ensure they understand these risks before interacting with the protocol.

For a detailed technical breakdown, see the Risk Framework and Failure Scenarios pages. For formal risk disclosures, see multyr.fi/disclosures.

Autonomous System Behavior​

Multyr operates based on predefined rules encoded in smart contracts.

The system:

  • Does not make discretionary decisions
  • Does not adapt dynamically beyond its programmed logic
  • May behave differently under stressed market conditions

See Failure Scenarios for documented behavior under stress.

MTRY Token Statement​

The MTRY token is not yet deployed. When issued, MTRY is intended to function as a governance and ecosystem-utility token within the Multyr ecosystem.

MTRY is not:

  • A security, share, equity interest, or investment contract under the laws of any jurisdiction
  • A representation of ownership in any Multyr entity (Foundation, Labs, or otherwise)
  • A claim against any Multyr entity's assets, revenues, or treasury
  • A promise, guarantee, or representation of financial returns, yield, or profit
  • A deposit, savings instrument, or insured financial product

MTRY holders do not have:

  • Direct redemption rights over the Treasury Safe or any protocol capital
  • Legal claims to protocol fees, yield generated by underlying strategies, or any portion of the Treasury
  • Dividend, interest, or profit-sharing rights

Market price of MTRY, if and when a secondary market exists, is determined by supply and demand and may diverge materially from any treasury-related reference value. No Multyr entity makes any representation as to future price, liquidity, or trading availability of MTRY.

Users acquiring MTRY do so at their own risk and should evaluate the token on the basis of the intended governance utility, independent of any expectation of financial return. See MTRY Token for token parameters.

External Dependencies​

The protocol relies on external systems, including:

  • DeFi protocols
  • Liquidity sources
  • Pricing mechanisms

Failures in these systems may impact outcomes.

User Responsibility​

Users are solely responsible for:

  • Securing their wallets and private keys
  • Verifying transaction details
  • Understanding how the protocol works
  • Complying with applicable laws and regulations in their jurisdiction
  • Determining and meeting their own tax obligations arising from Protocol interactions

No Multyr entity provides tax advice or files tax reports on behalf of users.

Restricted Jurisdictions​

The Multyr Protocol is not available to, and must not be accessed or used by, persons or entities located in, residing in, or organized under the laws of:

  • The United States of America and its territories and possessions (including US persons as defined under applicable US regulations)
  • Jurisdictions subject to comprehensive sanctions by the United States (OFAC), the European Union, the United Kingdom, Switzerland, or the United Nations (including but not limited to Cuba, Iran, North Korea, Syria, Crimea region, and other sanctioned regions as updated from time to time)
  • Any other jurisdiction where use of the Protocol would violate applicable law

Users accessing the Protocol represent and warrant that they are not a Restricted Person. Multyr entities reserve the right to restrict access from any IP address or wallet address associated with Restricted Jurisdictions.

Users from jurisdictions not listed above remain responsible for verifying that Protocol use is lawful in their location.

Use of the Multyr interface and protocol is subject to the Terms of Use published at multyr.fi/terms.

Users are encouraged to review the following before interacting with the protocol:

These resources are the authoritative legal references. This page provides a high-level protocol-specific summary only.

"As-Is" Provision​

The Multyr Protocol and associated interfaces are provided "as is" and "as available", without warranties of any kind, express or implied, to the maximum extent permitted by applicable law. No Multyr entity warrants that:

  • The Protocol will meet users' requirements or expectations
  • The Protocol will operate uninterrupted, error-free, or secure at all times
  • Defects will be corrected
  • Information obtained through the Protocol will be accurate, complete, or reliable

Users access and use the Protocol entirely at their own risk.

Limitation of Liability​

To the maximum extent permitted by applicable law, no Multyr entity (Foundation, Labs, their affiliates, employees, contractors, signers, or agents) shall be liable for any direct, indirect, incidental, consequential, special, or exemplary damages — including loss of profits, data, use, goodwill, or other intangible losses — arising out of or in connection with:

  • Access to, use of, or inability to use the Protocol
  • Conduct or content of any third party, including underlying DeFi protocols
  • Unauthorized access, use, or alteration of user transmissions or data
  • Any other matter relating to the Protocol

This limitation applies regardless of the legal theory asserted (contract, tort, strict liability, or otherwise) and even if a Multyr entity has been advised of the possibility of such damages.

Certain jurisdictions do not allow the limitation of liability for certain damages; in such jurisdictions, liability is limited to the greatest extent permitted by law.

Summary​

Multyr is a non-custodial tool for interacting with decentralized financial systems under on-chain constraints. It provides structured exposure to DeFi strategies but does not eliminate risk and does not guarantee returns.

Users interacting with the Protocol:

  • Retain full control of their assets through smart contract interactions
  • Assume all risks associated with Protocol use (see Risk Framework)
  • Are responsible for compliance, tax obligations, and determining eligibility in their jurisdiction
  • Have no recourse against Multyr entities for Protocol behavior determined by on-chain logic
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Users should interact with the Protocol only if they fully understand its behavior and associated risks. If any aspect of this page is unclear, do not interact with the Protocol until clarification is obtained from authoritative sources.