Bots
A bot binds strategies to assets, timeframes, sizing, and risk. It does not start trading by itself.
Authoring vs running
Bots is the authoring surface. Creating or editing a bot saves modeled configuration only. Start, stop, funding, and Modeled positions live on Execution.
Instances
Each instance assigns a strategy (optionally pinned to a version), a ticker, a timeframe, and a capital allocation weight. Venue identity on the bot is a market-data / Reference price fact, not an exchange login.
Modes later
When you run the bot from Execution you choose paper or API-output mode. Output mode requires a paid plan with Live API outputs entitlement and produces private feed URLs under Connections.