What MakeBanc does not do

Four things, by design. Together they define the perimeter.

No custody:

MakeBanc does not hold your assets.

When you allocate, your assets move into an ERC-7540 smart contract on Base. Not a MakeBanc account, database, or wallet. The contract's rules are public and audited. MakeBanc has no key that overrides them.

There is no MakeBanc balance sheet that includes your assets. No internal ledger that says MakeBanc owes you anything. Only the on-chain record of your vault shares.

If MakeBanc disappeared, your assets would still be in the contract, still recoverable, still yours.

No transfer:

MakeBanc cannot move your assets without a transaction signed by your wallet.

Every meaningful action requires your signature: allocating, redeeming, cancelling a pending redemption, updating multisig permissions. The platform constructs the transaction. Your wallet signs it. The contract executes it.

The current contract architecture has no admin function for moving user funds. Contract modifications require a 96-hour public timelock and multi-signature governance process, giving users time to verify and react before any change takes effect. No support ticket process ends with an employee transferring assets.

A compromise of MakeBanc's internal systems cannot directly drain your wallet. Your attack surface is your wallet and the smart contracts, not the platform's servers.

No advice:

MakeBanc does not provide financial advice.

The platform shows you what strategies exist, who runs them, and how they have performed. It does not recommend a strategy. It does not assess whether allocating is appropriate for you. It does not project returns.

You are responsible for your allocation decisions. The platform is not a substitute for advice from a regulated advisor in your jurisdiction.

No banking:

MakeBanc is not a bank.

No deposits. No credit. No interest on idle balances. No FDIC, SIPC, or equivalent deposit insurance. Not regulated as a bank, money services business, or e-money institution.

When you fund with fiat, it flows through Noah's regulated entities, not MakeBanc. The on/off-ramp is a separate regulated relationship between you and Noah.

Any expectation about how a regulated bank operates (deposit insurance, regulatory protection, lender of last resort) does not apply here.

Why the perimeter matters:

These are not limitations. They are the architecture choices that make the platform safer.

A platform that holds your assets can be compelled to move them. One that can transfer assets can be compromised into draining them. One that gives advice creates liability that distorts incentives. One that operates as a bank takes on constraints that limit design.

By staying outside each perimeter, MakeBanc remains what it is: a non-custodial capital orchestration platform connecting you to professional asset managers through institutional custody.

What the platform does, instead:

It runs the interface that makes accessing professional strategies feasible. It maintains the smart contract infrastructure. It coordinates custody with Ceffu. It handles fiat connectivity through Noah. It runs daily NAV reporting and the monthly redemption cycle.

What it does is meaningful. What it does not do is the boundary that keeps what it does honest.

What this is not:

This is the plain-language version. For the legal version, see legal documents. For the architectural mechanics, see self-custody model and architecture overview.