Umbrae Platform — End-User License Agreement (EULA)

Licensor: Ignis AI Labs, LLC, a Wyoming limited liability company, 30 N Gould St Ste N, Sheridan, WY 82801 ("Ignis," "Company," "we," "us," or "our")
Licensee: Any person who accepts this Agreement and uses the Platform ("User," "Licensee," or "you")
Effective Date: 2026-09-27
Version: 1.5

What changed in version 1.1: Ignis AI Labs, LLC redomesticated from Puerto Rico to Wyoming (organized August 17, 2026). The company's name is unchanged. This version updates the licensor's jurisdiction and address.

What changed in version 1.2: Dispute resolution follows the updated Umbrae Platform Terms of Service — binding arbitration with mutual jury-trial and class-action waivers (30-day opt-out available under the Terms). The Privacy Policy is now a standalone incorporated document. No license terms changed.

What changed in version 1.3: Removed references to the Privacy Policy, which has been withdrawn pending a rewritten, owner-reviewed version. No license terms changed.

What changed in version 1.4: Corrected this document's header, which still read "Version 1.2 · Effective 2026-09-15" after the version 1.3 update. No license terms changed.

What changed in version 1.5: Version number only, to match the Umbrae Platform Terms of Service version 1.5, which removed a $U1 trading-fee discount that does not exist. No license terms changed.

0. WHAT THIS DOCUMENT IS (AND IS NOT)

This EULA is the software license for the entire Umbrae platform layer — the public-facing software you interact with: the Umbrae platform itself, the Umbrae One ($U1) token interfaces, the trading and liquidity-management tools, execution routing, indicators, analytics, and related applications, APIs, and utilities (collectively, the "Platform Software"). It governs how you are licensed to use the Platform Software — the grant, its scope, its limits, and the IP behind it.

It pairs with the Umbrae Platform Terms of Service, which carries the full risk disclosures, the "not financial advice" framing, the allocation of responsibility between you and us, fees, the migration/active-notice commitment, and the acceptance gate. Where this EULA and the Umbrae Terms address the same subject, the Terms control on risk, liability, fees, and responsibility, and this EULA controls on the software license itself. Those Terms apply to your use of the Platform Software and are incorporated here by reference.

Acceptance: Your license is granted only if you accept this EULA through the on-screen acceptance step the Platform presents (signing the acceptance message with your wallet and/or checking the "I have read and accept" box) alongside the Umbrae Terms before you use the Platform Software, and again on any material change. If you have not accepted, you have no license to use the Platform Software.

1. PUBLIC LICENSE, GATED FEATURES

The Umbrae platform is public-facing: the base license is available to any person who accepts this EULA and the Umbrae Terms and is eligible under those Terms (18+, not sanctioned, not barred by their jurisdiction). No NFT is required for the base public layer.

Certain features are gated on top of the base license — including KYC-verified functions (such as automated rebalancing, AI-managed strategies, and copy trading), governance participation, and NFT-tier-restricted features. Access to a gated feature requires meeting that feature's specific requirement (KYC, tier, or both) in addition to holding this license.

2. LICENSE GRANT

Subject to your acceptance of the Umbrae Terms and your compliance with this EULA, Ignis grants you a limited, non-exclusive, non-transferable, revocable license to access and use the Platform Software for your personal or business purposes, within applicable fair-use limits, rate limits, gating, and the operational rules published for each tool. This is a license to use the Platform Software, not a sale or transfer of it, and not any right in the underlying technology.

3. LICENSE RESTRICTIONS

You may not:

1. Share or transfer access — share credentials or API keys, or provide your access to a third party in a way that circumvents the Platform's own access model.
2. Resell or sublicense — resell, sublicense, or commercially redistribute access to the Platform Software.
3. Reverse engineer — reverse engineer, decompile, or attempt to extract source code or underlying algorithms, except to the extent this restriction is prohibited by applicable law.
4. Create competing derivatives — develop competing products from our technology or proprietary methodologies. This does not restrict your own independently developed work that does not use our IP.
5. Circumvent controls — bypass KYC, tier gating, fee mechanisms, or other access/security controls.
6. Automate improperly — use bots, scrapers, or automated systems against the Platform's interfaces except through features expressly provided for that purpose. (For clarity: using the Platform's own provided trading-automation tools is permitted and licensed; attacking or scraping the Platform itself is not.)
7. Exploit vulnerabilities — instead, report them responsibly.
8. Mass-extract data — systematically extract, download, or collect Platform data for external use.
9. Use unlawfully — use the Platform Software for any illegal purpose or to evade sanctions or KYC.

4. MONITORING AND ENFORCEMENT

Access and usage may be monitored and logged for security and license compliance. Violations may result in immediate suspension or termination of the license, and serious violations (fraud, attacks, illegality) may result in legal action. Enforcement standards are as set out in the Umbrae Terms.

5. INTELLECTUAL PROPERTY

Ignis AI Labs retains all intellectual property rights in and to the Platform Software, including all software, source code, algorithms, trading and execution technology, AI and machine-learning systems, indicators, interfaces, documentation, datasets, and the marks "Ignis," "Umbrae," "Umbrae One," "U1," and related branding. This license grants use rights only — not ownership, and not any right to copy, modify, distribute, or build competing products from the Platform Software. Holding $U1 or any token grants access/utility rights only, not IP ownership. Content you create using the Platform remains yours, subject to the license you grant us to host and process it as described in the Umbrae Terms.

6. UPDATES, UPGRADES, AND MIGRATIONS

The Platform Software evolves continuously. Features may be added, changed, deprecated, or migrated, and the Platform may push updates automatically. Material changes that affect your access, funds, or tokens — including token migrations, bridge events, and user-action-required upgrades — are subject to the advance-notice commitment in the Umbrae Terms. Your corresponding responsibility to stay informed and to act within stated windows, as set out in those Terms, applies to the Platform Software. We do not warrant backward compatibility or that any prior version remains available.

7. LICENSE-LEVEL DISCLAIMER

To the maximum extent permitted by law, the Platform Software is licensed "as is" and "as available," without warranties of any kind, including merchantability, fitness for a particular purpose, accuracy, uninterrupted or error-free operation, or that any tool, bot, indicator, or output will produce any particular result. The Platform Software is a self-directed tool, not financial advice, and does not guarantee any trading or financial outcome. The full risk disclosures, the limitation of liability, the liability cap, and the allocation of responsibility (what is yours vs. what is ours) in the Umbrae Platform Terms of Service apply to your use of the Platform Software and are incorporated here by reference.

8. THIRD-PARTY COMPONENTS

The Platform Software depends on and integrates third-party software, chains, bridges, wallets, DEXs, oracles, RPC providers, KYC verifiers, and open-source components, each governed by its own terms and licenses. We do not control or warrant these components and are not responsible for them, as further described in the Umbrae Terms.

9. TERM AND TERMINATION

This license is effective on acceptance and continues while you use the Platform Software, accept the Umbrae Terms, and comply with this EULA. The license ends automatically on your breach of this EULA or the Terms, on illegal use, on security threats, or as otherwise provided in the Terms. On termination you must stop using the Platform Software. Sections 3, 5, 7, 8, and this Section survive termination.

10. GENERAL

Governing law, dispute resolution (including mandatory binding arbitration, the mutual jury-trial and class-action waivers, the 30-day opt-out window, and the one-year claims limit), force majeure, indemnification, assignment, severability, no-waiver, and electronic-acceptance provisions are as set out in the Umbrae Platform Terms of Service and apply to this EULA. This EULA together with the Umbrae Terms constitutes the entire agreement for your licensed use of the Platform Software.

11. CONTACT

Ignis AI Labs, LLC — Legal: legal@ignislabs.ai · Support: support@ignislabs.ai · Website: https://ignislabs.ai

Version 1.5 · Effective 2026-09-27 · © Ignis AI Labs, LLC. Prior versions archived and available on request.