Terms of Service

Last updated: May 23, 2026 · Effective: May 23, 2026

SnowMind is software that interacts with third-party DeFi protocols on the Avalanche network. It is not financial, investment, legal, or tax advice, and using it carries risk, including the possible loss of funds. Please review our Risk Disclosure before depositing.

1. Who we are

These Terms of Service (the “Terms”) govern your access to and use of the SnowMind website (snowmind.xyz), application (app.snowmind.xyz), documentation (docs.snowmind.xyz), smart contracts, backend APIs, and any related interfaces (collectively, the “Service”). The Service is operated by Reimburse AI Inc., a Delaware corporation with its principal place of business at 1315 NE Campus Parkway #623, Seattle, WA 98105, United States (“we”, “us”, “our”). Reimburse AI Inc. is not a registered broker-dealer, investment adviser, money services business, bank, or financial institution in any jurisdiction.

By accessing or using the Service you (“you”, “your”) agree to be bound by these Terms, our Privacy Policy, and our Risk Disclosure. If you do not agree, do not use the Service.

2. Eligibility & geographic restrictions

To use the Service, you represent and warrant that you:

• Are at least 18 years old and have legal capacity to enter into these Terms;
• Are not a resident, citizen, national, or agent of, and are not located in, any country or region subject to comprehensive sanctions administered by the U.S. Office of Foreign Assets Control (“OFAC”), the United Nations, the European Union, or the United Kingdom (currently including, without limitation, Cuba, Iran, North Korea, Syria, the Crimea, Donetsk, Luhansk, and Zaporizhzhia regions, and the Russian Federation);
• Are not a “U.S. person” as defined in Regulation S under the U.S. Securities Act of 1933, are not located in the United States, and are not accessing the Service from the United States or any of its territories;
• Are not identified on any sanctions or restricted-party list maintained by OFAC, the U.S. Department of State, the U.S. Department of Commerce, or any equivalent foreign authority; and
• Will not use the Service in a manner that violates any law, regulation, rule, or order applicable to you, including in your country of residence.

3. Description of the Service

SnowMind is a software interface that helps you deposit USDC into a smart-contract account you control and automatically allocate that USDC across permissionless lending and yield-bearing protocols on the Avalanche C-Chain. The Service is composed of:

• A smart account deployed in your name using ZeroDev Kernel v3.1 (ERC-4337 + ERC-7579). You retain full ownership of this account at all times.
• A scoped session key that authorizes our automation to execute supply, withdraw, and rebalance operations on a fixed allow-list of approved protocols (currently including Aave V3, Benqi, Spark, Euler V2 (9Summits), and Silo on Avalanche). The session key cannot transfer funds to arbitrary addresses.
• A backend optimizer that monitors live on-chain rates, ranks protocols by TWAP-smoothed APY, and submits ERC-4337 UserOperations on your behalf.
• A web dashboard at app.snowmind.xyz for deposits, withdrawals, configuration, and reporting.

4. Non-custodial relationship

SnowMind is non-custodial. We do not take possession of, hold, control, or have the unilateral ability to move your funds. Your assets remain in your own smart account on the Avalanche blockchain. Our backend can only execute the specific functions explicitly authorized by your session key and enforced on-chain by your smart account’s Permission Validator.

You are solely responsible for:

• Safekeeping of your wallet, recovery factors, and any backup material;
• The accuracy of addresses, amounts, and parameters you submit;
• Reviewing and accepting session key permissions before granting them;
• Revoking session keys at any time via the dashboard or directly on-chain; and
• Withdrawing your funds directly from underlying protocols if the Service is ever unavailable.

5. Fees

SnowMind currently charges no fees for use of the Service. You keep 100% of the yield you earn. Gas for execution may be sponsored by a paymaster; sponsorship is provided on a best-effort basis and may be paused or withdrawn at any time.

We reserve the right to introduce fees in the future. Any future fee will apply on a prospective basis only, after at least seven (7) days’ notice posted on docs.snowmind.xyz, and will not be charged on yield earned before the change takes effect. Continued use of the Service after a fee change becomes effective constitutes acceptance.

6. Automated allocation

The optimizer is rule-based: it monitors on-chain rate data and applies deterministic criteria to make allocation decisions. It does not provide personalized financial advice, and its decisions may be wrong. The optimizer can underperform a passive strategy, miss opportunities, react slowly to market conditions, or rebalance into a protocol that subsequently suffers loss. We make no guarantee of yield, performance, or any minimum return.

7. Acceptable use

You will not, and will not attempt to:

• Use the Service for any illegal activity, including money laundering, terrorist financing, fraud, market manipulation, or sanctions evasion;
• Probe, scan, or test the vulnerability of the Service outside our published responsible-disclosure process;
• Interfere with, disrupt, or place an unreasonable load on the Service or any underlying infrastructure (RPC providers, bundlers, paymasters, oracles, or the Avalanche network);
• Use bots, scrapers, or other automated means to access the Service except for the official optimizer running under your session key;
• Reverse engineer, decompile, or attempt to extract the source of any non-open-source component, or remove proprietary notices from any open-source component;
• Use the Service in connection with derivatives, leveraged positions, or other financial instruments that are not part of the documented allocation strategy;
• Misrepresent your identity, eligibility, or jurisdiction; or
• Encourage or assist any third party to do any of the above.

8. Smart-contract & protocol risk

The Service relies on third-party smart-contract protocols and infrastructure that we do not control, including (without limitation) the Avalanche network, Aave V3, Benqi, Spark, Euler V2, Silo, USDC (Circle), ZeroDev, Pimlico, and Privy. A bug, exploit, governance attack, oracle failure, depeg, sequencer outage, or other failure in any of these dependencies could result in partial or total loss of your funds. You acknowledge and accept these risks. See the Risk Disclosure for details.

9. Tax

You are solely responsible for determining the tax treatment of your use of the Service and for reporting and paying any taxes in your jurisdiction. We do not provide tax advice or tax forms.

10. Intellectual property

The SnowMind name, logos, and marketing materials are the property of Reimburse AI Inc. or its licensors. Open-source code is licensed under the terms of the respective repositories. Nothing in these Terms transfers any intellectual property rights to you except a limited, revocable, non-exclusive, non-transferable right to access the Service for its intended purpose.

You retain ownership of any feedback you submit to us but grant us a worldwide, royalty-free, perpetual license to use it without restriction.

11. Third-party services & links

The Service integrates with third-party services and may link to third-party websites. We do not endorse, control, or assume responsibility for any third-party content, products, or services. Your use of any third-party service is governed by its own terms and privacy policies.

12. Disclaimers

THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, INCLUDING WITHOUT LIMITATION IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING OUT OF COURSE OF DEALING OR USAGE OF TRADE.

WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, SECURE, OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, THAT REBALANCES WILL EXECUTE AT ANY PARTICULAR TIME, THAT GAS SPONSORSHIP WILL REMAIN AVAILABLE, OR THAT THE SERVICE WILL ACHIEVE ANY PARTICULAR YIELD. ALL ON-CHAIN TRANSACTIONS ARE FINAL AND CANNOT BE REVERSED BY US.

13. Limitation of liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL WE, OUR CONTRIBUTORS, OR OUR AFFILIATES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, REVENUE, DATA, OR DIGITAL ASSETS, ARISING OUT OF OR RELATED TO YOUR USE OF OR INABILITY TO USE THE SERVICE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

OUR TOTAL AGGREGATE LIABILITY FOR ALL CLAIMS RELATING TO THE SERVICE SHALL NOT EXCEED THE GREATER OF (A) THE TOTAL FEES YOU PAID TO US IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM, OR (B) ONE HUNDRED U.S. DOLLARS (US$100). THESE LIMITATIONS APPLY TO THE FULLEST EXTENT PERMITTED BY LAW EVEN IF ANY LIMITED REMEDY FAILS OF ITS ESSENTIAL PURPOSE.

14. Indemnification

You agree to defend, indemnify, and hold harmless Reimburse AI Inc., its officers, directors, employees, agents, and affiliates from and against any and all claims, damages, obligations, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising from: (a) your use of the Service; (b) your violation of these Terms; (c) your violation of any law or the rights of any third party; or (d) any tax obligations relating to your activity on the Service.

15. Suspension & termination

We may suspend, restrict, or terminate your access to the Service at any time, with or without notice, including if we reasonably believe you have violated these Terms, are located in a restricted jurisdiction, or pose a risk to the Service or other users. You may stop using the Service at any time by withdrawing your funds and revoking your session key. Sections that by their nature should survive termination (including Sections 8, 9, 12, 13, 14, 16, and 17) will survive.

16. Changes to the Service or these Terms

We may modify the Service or these Terms at any time. Material changes will be announced on docs.snowmind.xyz and the “Last updated” date above will be revised. Your continued use of the Service after a change becomes effective constitutes your acceptance of the updated Terms. If you do not accept the changes, you must stop using the Service and withdraw your funds.

17. Governing law & dispute resolution

These Terms are governed by the laws of the State of Delaware, United States, without regard to its conflict-of-laws principles. Any dispute arising out of or relating to these Terms or the Service shall first be attempted to be resolved informally by written notice to contact@snowmind.xyz. If not resolved within sixty (60) days, the dispute shall be submitted to the exclusive jurisdiction of the state and federal courts located in the State of Delaware as the court of first instance.

Class-action waiver. To the extent permitted by applicable law, you and we each waive any right to bring or participate in any class, collective, or representative action.

18. Miscellaneous

These Terms, together with our Privacy Policy and Risk Disclosure, constitute the entire agreement between you and us regarding the Service. If any provision is held unenforceable, the remaining provisions remain in full force. Our failure to enforce any right is not a waiver. You may not assign these Terms; we may assign them to a successor without your consent. No agency, partnership, joint venture, or employment relationship is created by these Terms.

19. Contact

Reimburse AI Inc.
1315 NE Campus Parkway #623
Seattle, WA 98105, United States
Email: contact@snowmind.xyz

For any questions about these Terms, security issues, or anything else, please reach out at the email above.