01Acceptance of the Terms
These Terms govern access to Potabo and the use of the website, apps, demo mode, trading bots, data and related features (together, the “Service”). By accessing or using the Service, you agree to these Terms and the Privacy Policy.
If you act on behalf of an organisation, you confirm that you have the authority to bind it to these Terms. If you do not agree, do not use the Service.
02Who may use the Service
You must be at least 18 years old and have full legal capacity to accept these Terms. You may not use the Service if this is prohibited by the law that applies to you, by sanctions, or by the rules of Polymarket or another provider involved.
You are responsible for checking the current availability of features where you live and where you are physically located. Circumventing restrictions by means of a VPN, proxy, false information or other means is prohibited.
03What Potabo provides
Potabo provides a technical interface for viewing prediction markets, configuring strategies, demo testing, sending trading commands and monitoring bots, positions and results.
Potabo is not Polymarket, an exchange, a broker, a bank or your financial adviser. Markets and the execution of live operations are provided by Polymarket, and certain sign-in, wallet and signing features are provided by Privy. The set of features may change as the Service evolves.
04Account and security
You must provide accurate information, use only your own or lawfully authorised sign-in methods, and keep your device, email, Google account, external wallet and recovery data secure.
You are responsible for actions taken through your account until you report unauthorised access and Potabo has had a reasonable opportunity to act. You may not sell, transfer or share your account in a way that circumvents the restrictions of the Service.
05Wallet and trading permissions
For live operations, the Service connects Privy’s wallet infrastructure with a Polymarket Deposit Wallet. During setup, you explicitly agree to the creation or connection of the required components and grant a limited permission within which Potabo may initiate the signatures provided for by the Service and send trading commands.
The actual scope of authority is determined by the granted policy, the settings and the capabilities of the providers. Potabo does not obtain any right to act beyond that authority. You must check addresses, limits, the status of the permission and operations, and revoke unneeded access using the provider’s available means or by contacting support.
06Automated instructions
By launching a bot or confirming live mode, you instruct the Service to act according to the chosen strategy and parameters without separate confirmation of each operation. You understand that the algorithm may open or close a position while you are not using the interface.
You are responsible for the chosen mode, market, budget, limits and for stopping the strategy in time. A stop request may take time to process and does not cancel an operation that has already been sent or executed.
07Risk and no promised returns
Live trading is high-risk. You may lose the entire position amount, and there may be partial fills, slippage, delays or an inability to close. Neither Potabo, nor demo results, nor past performance guarantee a profit or the safety of funds.
The Disclaimer forms part of these Terms. Before live trading, you must read it and assess whether you can accept the risks described.
08Third-party services
The use of Privy, Polymarket, a connected wallet, the blockchain and other independent services is governed by their own terms. You must follow their rules and bear the related fees.
Potabo does not operate third-party systems and does not guarantee their availability, security, data accuracy, preservation of features, transaction processing or decisions on market outcomes. A failure of a third-party service may restrict Potabo with no possibility of an immediate fix.
09Potabo fee
Each market trade made through Potabo, by your bot or by you, carries a Potabo fee of 0.1% of the trade amount. Polymarket collects it at execution, on top of its own platform fee, and passes it to Potabo. Redeeming winning positions is not a trade and carries no fee.
Figures in the Service, including forecasts, trade results and the check that you have enough funds, already include this fee. We announce any change to the rate in the Service in advance.
10Referral program
Every user has a personal link. A friend who first creates a Potabo account through that link is assigned to the person who invited them. A second account of the same person, an account created from the inviter’s device and your own code do not count as a friend.
While Potabo is in beta, the inviter receives 100% of the Potabo fee on the friend’s live trades for 12 months after the friend signs up. Accruals follow Polymarket’s record of the fee charged under our builder code. Payouts are made daily in pUSD to the inviter’s trading wallet, from $0.20; smaller amounts carry over.
Potabo may change the share, the terms and the rules of the program with advance notice in the Service; amounts already accrued are not revised. In case of abuse, such as inflated volume or fake accounts, accruals for those friends are cancelled.
11Prohibited use
When using the Service, you may not:
- violate the law, sanctions, the rights of third parties or the rules of a third-party platform;
- circumvent geographic, age, technical or risk restrictions;
- use another person’s account, wallet, data or funds without permission;
- interfere with the Service, overload it, distribute malicious code or attempt to gain unauthorised access;
- decompile or copy closed parts of the Service, except where expressly permitted by mandatory law;
- use the Service for market manipulation, fraud, money laundering or concealing the origin of funds.
12Content and intellectual property
The Service, its software code, design, texts, visual elements and the Potabo name are protected by applicable law. For as long as you comply with the Terms, you are granted a limited, revocable, non-exclusive and non-transferable right to use the Service for personal lawful purposes.
Rights to the names, data and materials of Polymarket, Privy and other third parties belong to their respective owners. You retain the rights to the information you lawfully provide and allow Potabo to process it only to operate and protect the Service in accordance with the Privacy Policy.
13Changes, suspension and termination
Potabo may change, restrict or discontinue individual features to develop the product, for maintenance, security or legal compliance, or because of changes in third-party services. Where reasonably possible, material changes are highlighted in the Service.
Access may be suspended or terminated in case of a breach of the Terms, a security threat, unlawful activity, a request from a competent authority, or an inability to provide the Service safely. Termination of access does not reverse operations already made and does not automatically close positions with a third-party provider.
14No warranties
To the maximum extent permitted by law, the Service is provided “as is” and “as available”. Potabo gives no warranties of continuity, freedom from errors, data accuracy, fitness for a particular purpose, compatibility, execution of a command or a financial result.
Some jurisdictions do not allow the exclusion of certain warranties. In that case, the exclusions apply only to the extent permitted.
15Limitation of liability
To the extent permitted by law, Potabo is not liable for indirect, incidental, special or consequential damages, lost profits, loss of data, market losses or the actions of independent services.
Nothing in these Terms excludes liability that cannot be excluded under mandatory law or limits non-waivable consumer rights.
16Indemnification
To the extent permitted by law, you agree to reimburse Potabo for reasonable, documented losses and expenses arising from third-party claims caused by your unlawful use of the Service, a material breach of these Terms or a violation of the rights of third parties.
This provision does not apply to the extent that a claim is caused by Potabo’s actions and does not reduce mandatory consumer rights.
17Governing law and disputes
These Terms are governed by the law of Georgia, without regard to its conflict-of-law rules. Disputes are subject to the competent court of Georgia.
If you are a consumer, this choice does not deprive you of the protection of the mandatory rules of your country of habitual residence or of the right to bring a claim in another court where such a right cannot be limited by contract. Before going to court, the parties will try to settle the dispute in good faith via the contact below.
18General provisions and contact
Potabo may update these Terms when the Service or legal requirements change. Continuing to use the Service after a new version takes effect means accepting the update, to the extent permitted by law. If any provision is invalid, the rest remain in force. Failure to exercise a right does not constitute a waiver of it.
Questions and notices can be sent via the official Potabo Telegram. For personal data matters, also see the Privacy Policy.