Legal · v1.1 · Effective 2026-08-28

Listing Program Terms

The agreement every applicant signs. Also see the Partner Program and the platform Terms of Service.

Umbrae Token Listing Program — Terms and Conditions

Operator: Ignis AI Labs, LLC, a Wyoming limited liability company, 30 N Gould St Ste N, Sheridan, WY 82801 ("Ignis," "we," "us," or "our") Program: The Umbrae Token Listing / Partner Program — the process by which external token projects apply for verification, listing, pool creation rights, and market-making services on the Umbrae platform (the "Program") Effective Date: 2026-08-28 Version: 1.1

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 operator's jurisdiction and address, the governing law, and the arbitration seat to match the Wyoming entity. No other terms changed.

0. READ THIS FIRST — WHAT ACCEPTING THESE TERMS MEANS

These Terms govern your project's application to, participation in, and — if you violate them — removal from the Umbrae Token Listing Program. You accept them by signing the acceptance message with the wallet you apply with. That wallet is the wallet that, on approval, receives token-deployer rights on the Umbrae DLMM factory, so the signature binds the project entity you represent, not just you personally.

Two principles run through this entire document. Read them now, because every other section is an application of them:

  1. We verify substance, not capital. Having the money to participate does not qualify a project for listing, and paying any fee does not purchase a listing, a verification tier, or immunity from review. Verification is our assessment of the project's contract safety, team accountability, and objective utility — and we can refuse it, at our sole discretion, to anyone.
  2. Listing is conditional, always. Verification is not a one-time gate; it is an ongoing state that we monitor and can revoke. If your project harms Umbrae's users or the broader ecosystem after listing, you will be removed. Decentralized finance does not mean unaccountable finance, and we will not let our platform be used to lend credibility to conduct that damages the space's participants.

These Terms are supplementary to, and do not replace, the Umbrae Platform Terms of Service and End-User License Agreement, which continue to apply to your use of the platform.

1. THE PROGRAM

The Program is how external token projects obtain:

  • Verification — an on-chain tier assigned to the project's token on the Umbrae DLMM factory: Unverified (0), Reviewed (1), Verified Utility (2), or Partner (3). Each tier reflects the depth of review completed, per the published Umbrae Token Verification Pipeline.
  • Pool creation rights — pool creation on the Umbrae DLMM factory is permissioned. On approval, the applicant wallet is granted token-deployer rights for the approved token, allowing it to create and seed liquidity pools for that token on Umbrae.
  • Listing — presentation of the token and its pools on Umbrae's interfaces and, where applicable, propagation to external aggregators and data services under the Umbrae name.
  • Market-making services — where separately agreed, access to Umbrae's market-making and liquidity-management tooling at the service-fee level corresponding to the project's tier.

What verification is NOT: it is not an endorsement, not investment advice, not a recommendation to buy or hold the token, and not a guarantee of the token's performance, safety, or future conduct. We say this to users, and by accepting these Terms you agree not to represent verification or listing as any of those things.

2. ELIGIBILITY AND VERIFICATION

  1. The pipeline. Applications pass through the stages of the Umbrae Token Verification Pipeline: automated screening (contract security analysis, honeypot simulation, liquidity and holder analysis), substantive review (team accountability, demonstrated utility, community and documentation quality, liquidity commitments), and final security review. Umbrae's security officer holds an absolute veto at every stage, before and after approval.
  2. Truthfulness. You warrant that everything you submit — team information, project description, liquidity commitments, links, audit reports — is accurate and complete, and that you will keep it current. A material misstatement or omission in your application is itself grounds for rejection or, discovered later, removal.
  3. Authority. You warrant that you are authorized to bind the project and its controlling entity to these Terms, and that the applicant wallet is controlled by the project.
  4. Substance over capital. We may reject any application at our sole discretion, without obligation to state a reason. The ability to pay any fee, provide any liquidity, or bring any volume is not, by itself, a basis for approval.
  5. Compliance. You warrant that neither the project nor its principals are subject to sanctions or located in prohibited jurisdictions; that the token is not, and is not being marketed as, a security in violation of applicable law; and that your participation in the Program is lawful in every jurisdiction from which you operate.

3. PARTNER OBLIGATIONS — ACTIVE, MAINTAINED POOLS

Listing on Umbrae is participation in a living ecosystem, not a parking spot. For as long as your token is listed you agree to:

  1. Honor your liquidity commitment. The liquidity commitment stated in your application is a continuing obligation, not a launch-day gesture. You will establish it within a reasonable period after listing and maintain it in substance thereafter.
  2. Keep pools active and maintained. Pools you create must not be abandoned: empty pools, pools drained to dust, and pools with no liquidity management or activity over a sustained period do not serve users and are grounds for delisting and pool deprecation.
  3. Manage responsibly. Planned liquidity reductions, migrations, token contract changes, and other material events must be communicated to us before they happen, not discovered by us afterward.
  4. Stay reachable. You will maintain a working security contact and respond promptly to security-related inquiries from Umbrae. Silence in the face of a security question is treated as a red flag, not a neutral fact.

4. PROHIBITED CONDUCT

The following, at any time after application — including long after listing — are violations of these Terms:

  1. Rug pulls and liquidity drains — removing or draining liquidity in a manner designed to extract value from users, whether at once or gradually, on Umbrae or on any other venue.
  2. Market manipulation — wash trading, coordinated pump-and-dump activity, spoofing, or any scheme to create a false appearance of volume, demand, or price.
  3. Malicious token mechanics — introducing honeypot behavior, hidden mint authority, hidden fees, transfer restrictions targeting sellers, or any contract change that converts a reviewed token into a trap. Malicious upgrades to a previously reviewed contract are treated as the most serious category of violation, because they weaponize the verification we granted.
  4. Misrepresentation — misstating your team, backers, audits, or partnership status; representing Umbrae verification as an endorsement; or using your listing to lend credibility to off-platform schemes.
  5. Harm to the ecosystem — any conduct that, in our reasonable judgment, uses the Umbrae platform or the credibility of its verification to defraud, exploit, or extract from participants in decentralized finance — on our platform or beyond it. We built this program because "decentralized" is too often used as an excuse to let bad actors move through an ecosystem unchecked. We will not host that, and we do not owe anyone a narrow reading of this clause.

5. MONITORING, DOWNGRADE, AND REMOVAL

  1. We monitor continuously. Verification tiers are backed by ongoing automated and manual monitoring of contract state, liquidity, and market behavior. You consent to that monitoring as a condition of listing.
  2. Consequences scale with severity. Depending on the violation, we may: require remediation within a stated period; downgrade the token's verification tier; suspend the token's presentation on Umbrae interfaces; revoke the applicant wallet's token-deployer rights on the factory; set the token's on-chain tier to Unverified; deprecate or delist its pools; and terminate the project's participation in the Program.
  3. Removal can be immediate. For active threats to users — a rug in progress, a malicious upgrade, a honeypot — we act first and communicate after. No notice period, no cure period.
  4. The record is public. Status changes are recorded in an audit trail. We may state publicly that a token was delisted and why. You waive any claim arising from truthful disclosure of your project's status or conduct.
  5. No refunds. Fees paid under the Program are not refunded on downgrade, delisting, or removal for cause.
  6. Reinstatement is a new application. A removed project may reapply; a reapplication is reviewed from zero, with the removal on record.

6. FEES

Program and market-making service fees are set out in the fee schedule published by Umbrae as in effect at the time, which may vary by verification tier. Fees may change prospectively with notice. Paying a fee purchases the service it names — never approval, tier, or continued listing, which remain conditioned entirely on these Terms.

7. REPRESENTATIONS AND WARRANTIES

You represent and warrant, on submission and continuingly while listed, that:

  1. You have full power and authority to enter into these Terms on behalf of the project.
  2. The applicant wallet is controlled by the project, and the project controls (or has the stated relationship to) the token contract.
  3. All submitted information is accurate, complete, and current.
  4. Neither the project nor its principals are sanctioned persons, and the project's participation is lawful in its operating jurisdictions.
  5. The token and its distribution do not violate applicable securities, commodities, or consumer-protection law.

8. DISCLAIMERS, LIABILITY, AND INDEMNIFICATION

  1. The Program is provided "as is." We do not warrant uninterrupted listing, any level of volume, price performance, aggregator propagation, or continued availability of any platform feature.
  2. Limitation of liability. To the maximum extent permitted by law, Ignis's aggregate liability arising out of the Program is limited to the Program fees you paid to Ignis in the twelve months preceding the claim. Ignis is not liable for indirect, incidental, consequential, special, or punitive damages, or for lost profits, lost volume, or reputational harm — including harm arising from a downgrade, delisting, or public status disclosure made under Section 5.
  3. Indemnification. You will indemnify and hold harmless Ignis and its officers, employees, and agents from any claim, loss, or expense (including reasonable attorneys' fees) arising from your project's token, your pools, your violation of these Terms, or your violation of law — including claims brought by your token's holders.

9. DISPUTE RESOLUTION AND GOVERNING LAW

These Terms are governed by the laws of the State of Wyoming, without regard to conflict-of-law rules. Any dispute arising out of or relating to these Terms or the Program shall be resolved by binding arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules, seated in Sheridan, Wyoming (or conducted virtually), in English. You and Ignis each waive any right to a jury trial and to participate in a class action. Nothing in this section limits Ignis's right to seek injunctive relief in any court of competent jurisdiction to protect platform users from ongoing harm.

10. AMENDMENTS AND VERSIONING

We may amend these Terms prospectively. Each version carries a version number and a content hash; your acceptance is recorded against the exact version and hash you signed. Material changes require re-acceptance before your project's next status change under the Program. Continued participation after notice of an amendment constitutes acceptance for conduct-related provisions.

11. GENERAL

These Terms, together with the Umbrae Platform Terms of Service and EULA, are the entire agreement between you and Ignis concerning the Program. If any provision is held unenforceable, the remainder stands. Our failure to enforce a provision is not a waiver of it. You may not assign these Terms without our written consent; a change of control of the project is treated as an assignment. Notices to you may be given through the contact information in your application; notices to us go to the contact below.

12. CONTACT

Ignis AI Labs, LLC — Token Listing Program 30 N Gould St Ste N, Sheridan, WY 82801 support@ignislabs.ai