Adjusted FinanceAdjusted Finance

Independence

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MakeWithMe, Inc. — Protocol Independence & Entity Distinction Statement

Effective Date: March 19, 2026

1. Purpose

This Protocol Independence Statement ("Statement") sets forth the structural, operational, and legal separation between MakeWithMe, Inc. ("MakeWithMe") and the decentralized software protocol known as the Risk Adjusted Coin Protocol (the "Protocol"), which is governed by the decentralized autonomous organization known as Adjusted Finance (the "DAO"). This Statement is issued by MakeWithMe to provide transparency to users, regulators, counterparties, and other stakeholders regarding the distinct roles, responsibilities, and liabilities of each entity.

This Statement is incorporated by reference into the Adjusted Finance Terms of Use and shall be binding on all users of the Services.

2. Entity Identification

2.1 MakeWithMe, Inc.

MakeWithMe, Inc. is a corporation organized under the laws of the State of Delaware. MakeWithMe is a technology company that develops and operates software products, including a web-based user interface (the "Interface") that enables users to interact with the Protocol. MakeWithMe's principal product offering is the provision of technical services — specifically, the Interface accessible at https://app.adjusted.finance and the informational website at https://adjusted.finance.

MakeWithMe is not a broker, dealer, exchange, investment adviser, fund manager, custodian, transfer agent, or financial institution.

2.2 Adjusted Finance (the DAO)

Adjusted Finance is a decentralized autonomous organization composed of the holders of Risk Adjusted Coin ($RAC). The DAO governs the Protocol through on-chain governance mechanisms, including an incentive-aligned veto system, embedded in the Protocol's smart contracts. The DAO is not a legal entity formed under any jurisdiction's corporate, partnership, or trust laws. The DAO operates through the collective action of its token holders interacting with self-executing smart contracts deployed on the Arbitrum One blockchain.

2.3 The Protocol

The Risk Adjusted Coin Protocol is an open-source, non-custodial, decentralized software protocol consisting of self-executing, autonomous smart contracts deployed on the Arbitrum One blockchain. The Protocol algorithmically manages a basket of digital assets using Mean-Variance Optimization, rebalances automatically, and incorporates a governance veto mechanism. The Protocol is not operated, controlled, or managed by MakeWithMe.

3. Separation of Roles and Responsibilities

3.1 MakeWithMe's Role: Technical Services Provider

MakeWithMe's role is strictly and exclusively limited to the following:

  1. Interface Development and Maintenance. MakeWithMe develops, hosts, and maintains the web-based Interface that provides a user-friendly means of interacting with the Protocol's smart contracts.
  2. Identity and Access Services. MakeWithMe operates identity verification and access control systems (including integration with third-party KYC/AML providers) to ensure that only Eligible Participants access the Interface.
  3. Informational Content. MakeWithMe publishes educational and informational content about the Protocol on the Website and through other channels. Such content does not constitute financial, investment, legal, or tax advice.
  4. Technical Support. MakeWithMe provides technical support related to the Interface and user onboarding.
  5. Compliance Facilitation. MakeWithMe implements compliance measures at the Interface level, including sanctions screening and accredited investor verification, as a voluntary protective measure.

3.2 What MakeWithMe Does NOT Do

MakeWithMe expressly does not:

  1. Operate or control the Protocol. The Protocol's smart contracts execute autonomously on the blockchain. MakeWithMe cannot alter, override, pause, or reverse any transaction processed by the Protocol (except to the extent any emergency function is embedded in the Protocol's smart contracts and subject to DAO governance).
  2. Exercise investment discretion. MakeWithMe has no role in determining the Protocol's asset allocations, rebalancing decisions, optimization parameters, or any other aspect of the Protocol's algorithmic operations.
  3. Custody user assets. At no time does MakeWithMe hold, custody, possess, or control any user's digital assets. All assets are held in smart contracts governed by the Protocol and accessible solely by the user's private keys.
  4. Control governance. MakeWithMe does not control, direct, or influence DAO governance votes or outcomes. Governance is conducted exclusively by RAC token holders through the Protocol's smart contracts.
  5. Set or collect Protocol fees. Protocol-level fees (purchase fees, sale fees, or any future fees) are determined by DAO governance and collected by the Protocol's smart contracts. MakeWithMe does not receive, collect, or control these fees.
  6. Guarantee performance. MakeWithMe makes no representation, warranty, or guarantee regarding the Protocol's performance, returns, or the value of $RAC.
  7. Provide financial advice. MakeWithMe does not provide investment, financial, legal, or tax advice.

3.3 The DAO's Role: Protocol Governance

The DAO is responsible for:

  1. Governance decisions. All material decisions regarding the Protocol — including asset universe composition, optimization parameters, fee structures, smart contract upgrades, and risk parameters — are determined through DAO governance.
  2. Veto mechanism. RAC token holders may exercise governance vetoes over proposed asset allocations through an incentive-aligned on-chain voting mechanism.
  3. Protocol upgrades. Any upgrades or modifications to the Protocol's smart contracts are subject to DAO governance processes.
  4. Treasury management. Any Protocol-level treasury or fee revenue is governed by the DAO, not by MakeWithMe.

4. Operational Independence

4.1 No Common Control

MakeWithMe does not control the DAO, and the DAO does not control MakeWithMe. While MakeWithMe's founder may hold $RAC tokens and participate in DAO governance in their personal capacity as a token holder (as any member of the public may), such participation does not constitute control of the DAO by MakeWithMe. Governance power is distributed among all RAC token holders proportionally to their holdings, and no single token holder — including any person affiliated with MakeWithMe — has unilateral control over governance outcomes.

4.2 Independent Decision-Making

MakeWithMe makes decisions regarding the Interface and its technical services independently of the DAO. The DAO makes decisions regarding the Protocol independently of MakeWithMe. Neither entity requires the approval of the other to take action within its respective domain.

4.3 Separate Revenue Streams

MakeWithMe's revenue, if any, is derived from the technical services it provides. The Protocol's revenue is derived from yield-bearing forms of allocated assets and any fees set by DAO governance. These are separate and independent revenue streams.

4.4 Non-Exclusive Access

The Interface is one, but not the exclusive, means of accessing the Protocol. The Protocol's smart contracts are deployed on a public blockchain and may be accessed by any person through any compatible interface, directly via smart contract interaction, or through other third-party tools. MakeWithMe has no ability to prevent direct interaction with the Protocol by users who do not use the Interface.

5. Algorithmic and Non-Discretionary Nature of the Protocol

5.1 Programmatic Execution

The Protocol's asset allocation, rebalancing, and portfolio management functions are executed entirely by smart contract code based on mathematical optimization (Mean-Variance Optimization). These functions are deterministic, transparent, and verifiable on-chain. No human — including any person affiliated with MakeWithMe — exercises discretion over these processes.

5.2 No Investment Management

The Protocol does not constitute an investment fund, managed account, or discretionary investment management service. No person or entity manages the Protocol's portfolio on behalf of users. The Protocol's algorithmic processes operate according to predefined mathematical rules and DAO-approved parameters.

5.3 Governance as Oversight, Not Management

The DAO's governance veto mechanism provides a layer of human oversight over the algorithm's outputs. This mechanism is a collective, decentralized check — not discretionary portfolio management. The veto system operates through transparent, on-chain voting with economic incentive alignment (rewards for correct vetoes, penalties for incorrect ones), ensuring that governance participation is informed and not manipulative.

6. Liability Separation

6.1 MakeWithMe's Liability

MakeWithMe's liability, if any, is limited solely to claims arising from the technical services it provides (i.e., the Interface and related services), subject to the limitations and disclaimers set forth in the Terms of Use. MakeWithMe is not liable for:

  1. The Protocol's algorithmic operations, performance, or outcomes;
  2. Governance decisions made by DAO token holders;
  3. Smart contract bugs, vulnerabilities, or exploits in the Protocol;
  4. The value or price of $RAC or any other digital asset;
  5. Third-party protocol failures (including but not limited to Circle, Chainlink, Arbitrum, or Aave);
  6. User losses arising from market conditions, volatility, or liquidity events;
  7. Regulatory actions directed at the Protocol or the DAO; or
  8. Any act or omission of the DAO or its token holders.

6.2 DAO's Liability

The DAO's liability, to the extent any liability exists for a decentralized autonomous organization, is limited to claims arising from the Protocol's operations and governance. The DAO is not liable for any claims arising from MakeWithMe's technical services or the Interface.

6.3 No Cross-Liability

Under no circumstances shall MakeWithMe be held liable for the acts, omissions, decisions, or failures of the DAO, the Protocol, or its token holders. Under no circumstances shall the DAO be held liable for the acts, omissions, or failures of MakeWithMe. Users acknowledge and agree to this separation of liability as a condition of using the Services.

7. Regulatory Posture

7.1 MakeWithMe's Compliance

MakeWithMe voluntarily implements compliance measures at the Interface level, including accredited investor verification, KYC/AML screening, sanctions compliance, and jurisdiction-based access restrictions. These measures are implemented as a protective layer and do not imply that MakeWithMe is a regulated financial institution or that such measures are legally required of MakeWithMe as a technology company.

7.2 Protocol's Nature

The Protocol is a decentralized, non-custodial, algorithmic software system. It does not exercise investment discretion. It does not custody assets. It does not make promises of profits. Asset allocations are determined programmatically by mathematical optimization and subject to collective governance oversight through the veto mechanism. The Protocol is designed to operate autonomously and is not dependent on MakeWithMe for its continued operation.

7.3 No Representation of Regulatory Status

Neither MakeWithMe nor the DAO makes any representation regarding the regulatory classification of $RAC, the Protocol, or the Services in any jurisdiction. Users are solely responsible for determining the legality of their participation and compliance with all applicable laws.

8. Continuity and Resilience

8.1 Protocol Persistence

The Protocol is deployed on a public, permissionless blockchain and is designed to operate independently of any single entity, including MakeWithMe. If MakeWithMe were to cease operations, the Protocol would continue to function on the blockchain, and users could continue to interact with it directly or through alternative interfaces.

8.2 Interface Availability

MakeWithMe provides the Interface on an "as is" basis and does not guarantee uninterrupted availability. The Interface may be modified, suspended, or discontinued at MakeWithMe's sole discretion, without affecting the Protocol's independent operation.

9. Acknowledgments

By using the Services, you acknowledge and agree that:

  1. MakeWithMe and the DAO are separate and independent entities with distinct roles, responsibilities, and liabilities.
  2. MakeWithMe is a technical services provider and does not operate, control, or manage the Protocol.
  3. The Protocol is governed by its token holders through the DAO, not by MakeWithMe.
  4. MakeWithMe's compliance measures are voluntary protective layers and do not imply that MakeWithMe is a regulated financial institution.
  5. Claims relating to the Protocol's operations, performance, or governance must be directed at the DAO, not MakeWithMe.
  6. Claims relating to the Interface or technical services must be directed at MakeWithMe, not the DAO.
  7. The separation described in this Statement is a fundamental basis upon which the Services are offered.

10. Contact

For questions regarding this Statement or the separation of MakeWithMe and the DAO:

MakeWithMe, Inc. Email: legal@adjusted.finance Website: https://adjusted.finance

© 2026 MakeWithMe, Inc. All rights reserved.

This Statement is provided for informational and legal transparency purposes and does not constitute legal advice. Nothing herein constitutes an offer or solicitation to buy or sell securities.

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