What you are agreeing to. (And what you are not.)
你同意什么。（以及不同意什么。）
By using Inalpha — the website, the code, or any output — you accept these terms. If you do not agree, do not use the software.
Not financial advice / 非财务建议
Inalpha is experimental research software in alpha stage. Nothing on this site, in the repository, or output by any agent constitutes financial, investment, legal, or tax advice. Past performance — real or simulated — does not guarantee future results. The framework does not execute real-capital trades. Do not route real money through Inalpha.
Inalpha 是处于 alpha 阶段的实验性研究软件。本网站、代码仓库或任何 agent 输出的内容均不构成财务、投资、法律或税务建议。过往表现——无论真实或模拟——不保证未来结果。本框架不执行真实资金交易。请勿将真实资金接入 Inalpha。
Risk disclosure · 风险披露
Trading involves substantial risk of loss and is not suitable for everyone. Simulated trading results have inherent limitations — unlike actual trading, simulated results do not represent actual trading, may under-compensate for market impact, and lack real-market liquidity constraints. Strategies that perform well in backtests or paper may perform differently in live markets.
交易存在重大亏损风险，并非适合所有人。模拟交易结果具有固有局限性——与真实交易不同，模拟结果不代表实际交易，可能低估市场冲击，缺乏真实市场流动性约束。回测或模拟盘中表现良好的策略在真实市场中可能表现不同。
License · 许可证
Inalpha is licensed under AGPL-3.0. You may use, study, modify, and distribute it freely. If you offer Inalpha as a network service, you must release your modifications under the same license. Dual licensing is available for proprietary use — open an issue on GitHub to discuss.
Inalpha 基于 AGPL-3.0 许可。你可以自由使用、研究、修改和分发。如果你以网络服务形式提供 Inalpha，必须按相同许可公开你的修改。闭源或专有商业使用可提 issue 讨论双重许可。
No warranty · 无担保
The software is provided "as is," without warranty of any kind, express or implied. The authors and contributors are not liable for any damages arising from its use.
本软件按「原样」提供，不附带任何明示或默示的担保。作者和贡献者不对因使用本软件产生的任何损害承担责任。
Intellectual property · 知识产权
The Inalpha name, logo, mascot (kitsune shrine maiden), and brand assets are property of the project. The code is AGPL-3.0; the brand is not.
Inalpha 名称、标志、吉祥物（狐娘）及品牌资产归项目所有。代码按 AGPL-3.0 许可；品牌不在此列。