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Last updated 2026-09-27.

Risk notice

Risk notice

Effective
2026-08-14
Last updated
2026-09-21
Version
1.4

Contents

  1. 1. In brief
  2. 2. Undiscovered defects may exist
  3. 3. The contracts are immutable, so a defect cannot be fixed
  4. 4. Locked liquidity is not a price floor
  5. 5. A curve may never graduate
  6. 6. Transfers are locked until graduation
  7. 7. Fees
  8. 8. Creator fees are the creator’s
  9. 9. Promoter and referral earnings are not guaranteed
  10. 10. The platform token is not a claim on anything
  11. 11. Nobody vets what is launched here
  12. 12. How trading actually goes wrong
  13. 13. There is no undo
  14. 14. Infrastructure can fail
  15. 15. Regulation and tax are yours
  16. 16. None of this is advice

You can lose everything you put in. Not some of it — all of it, quickly, with no warning, no recourse and nobody to appeal to. Most tokens launched on any launchpad end up worth nothing. Never commit money you need.

1. In brief

Every section below is a way this can cost you money. None of them is hypothetical, and none of them has a remedy.

  • Undiscovered defects may exist, and the contracts cannot be patched. Sections 2 and 3.
  • Locked liquidity is not a price floor. A token can go to effectively zero with every guarantee on this site intact. Section 4.
  • A round trip costs about 4% in trade fees before the price moves at all. Section 7.
  • Nobody vets what is launched here, and a signed transaction cannot be undone. Sections 11 and 13.
  • The platform token buys no claim on the platform, and everything built on it is written rather than running. Section 10.

The sections below are the binding text; this one is for orientation.

2. Undiscovered defects may exist

The launchpad contracts were written carefully, they are tested, and they were audited by Claude Fable 5 — and none of that means defects are absent. Assume undiscovered defects exist.

Everything the audit found is published, including every finding that was not fixed. That is on the security page — read it before you put money in.

An audit covers the code it read, on the day it read it. The published assessment is dated 15 August 2026 and reviewed the contracts as they stood at the commit it names. Contracts written after that date are outside what it examined — it could not have reached them, and nothing on this site implies that it did. The security page states, per product, which set each one covers. Do not read a published audit as a statement about a contract that did not exist when it was written.

3. The contracts are immutable, so a defect cannot be fixed

There are no proxies and no upgrade path. What is deployed is what runs, forever. If a bug is found in a live contract, nobody can patch it, and there is no mechanism to recover funds lost to one — not us, not the creator, not a court. See the security page for what a response can actually consist of.

4. Locked liquidity is not a price floor

A graduated project’s liquidity is held by a locker with no withdrawal path, so it cannot be pulled. Understand precisely what that does and does not promise:

  • It does promise that nobody — not the creator, not us — can remove the pool and walk off with it. The classic rug is structurally impossible.
  • It does not promise anything about the price. A locked pool can still be sold into until the token is worth almost nothing. Locked liquidity is a floor on the pool’s existence, never on its value. A token can go to effectively zero with every guarantee on this site intact.

5. A curve may never graduate

A project trades on a bonding curve until it raises its target. Many never get there. While a curve is live you can sell back into it at the curve price — which, if buying has stopped, will be below what you paid. There is no refund path and no expiry that returns anyone’s money.

6. Transfers are locked until graduation

Before a project graduates, its token cannot be sent between wallets. You can buy from and sell to the curve, and nothing else. Do not buy expecting to move a position to another wallet, an exchange or a counterparty before graduation — you will not be able to, and the transaction will revert.

7. Fees

Every buy and every sell on the curve pays a 2% trade fee. None of it comes back to you: it is divided between the creator, a share the creator allocates to the people who promoted the project, and the protocol. A round trip therefore costs about 4% before any price movement or price impact — the price has to rise by more than that before you are level. Graduated pools charge their own swap fee on top. A prediction market takes a fee from its whole pot when it settles. Gas is additional, and none of it is refundable.

Creating something is charged before you have raised anything. A launch fee is taken at creation whether or not the project ever graduates, and a market creation fee is taken whether or not the market settles your way. Neither is a deposit and neither comes back. A charge that is quoted in dollars is converted to ETH at the moment you sign, from a price feed — read the figure immediately before signing rather than the figure you saw a minute earlier.

The creation charges are settable, and half of a market’s is not your money. The launch fee can be moved by the platform, up to a ceiling written into the contract, and a change applies to launches made after it. Half of a market creation fee opens a stake on each side of that market which belongs to a platform contract, not to you: the losing half is paid out to the winners and you never see any of it. The fees and payouts page sets out every figure, and marks which of them are written but not yet deployed.

8. Creator fees are the creator’s

Creator fees keep paying long after graduation. They pay the creator. If you buy a token you are not buying a share of that revenue, and a project earning fees is not a project distributing them to you.

9. Promoter and referral earnings are not guaranteed

If you promote a project as a KOL, or bring people in through a referral link, what you earn depends on things you do not control. The contracts guarantee that fees already credited to you are yours and that nobody can take them — that part is real, and it is in the security notice. Everything upstream of being credited is not a guarantee.

  • Nobody is obliged to allocate anything to you. Eligibility and a rank cap are ceilings on what a creator may give you, not a floor and not an entitlement. A creator can allocate nothing, and a window they leave unallocated lapses rather than reaching you.
  • Your eligibility depends on statements we make. Whether you are enrolled, and whether your X badge is live, are written on chain by this platform from its own records. If we are wrong, or our systems stop running, you can be ineligible while believing otherwise — and no contract can detect that.
  • We can withdraw your standing. It is recorded publicly with a reason, it is reversible, and it cannot touch what you have already earned. It still means a decision of ours can stop you being allocated to. The terms of use set out the grounds and your right to appeal.
  • An X subscription lapsing costs you eligibility within about a day, unless you have reached a rank that is excused it.
  • A referral name is not a trademark. Nobody can take one you proved with a verified X account — but a name you merely typed can be claimed by the person whose X handle it actually is.

Fees are paid in the chain’s native token from real trading activity. A project that never trades pays nothing, however much work went into promoting it.

10. The platform token is not a claim on anything

None of this is running. The platform token and every surface built on it — the battlepass, the item mall, quests, bands, seasons, the Fortune Wheel, the holder vote — exist as contracts that are written and tested and are not deployed on any network. There is nothing to buy, nothing to claim and nothing to vote on today. A design that has not shipped can still change, and this section describes what the contracts currently say rather than what will certainly happen.

When it does run, understand what it is and is not. Every risk below is a property of the design rather than a possibility somebody has to act on.

  • It is not a share of revenue and not a claim on the platform. Holding it entitles you to nothing we earn, nothing we hold, and no repayment of anything you spent.
  • Spending it destroys it. A premium pass is bought by burning the tokens you pay. What you get is a multiplier on points and a discount in the shop — not revenue, not a refund, not an entitlement, and nothing you can return.
  • The wheel is a wheel. A creation fee earns a spin and a spin pays a randomised amount from a pot. It is not a rebate of the fee that earned it, you are not entitled to any amount, and the odds are not published — so you cannot work out what a spin is worth before you take one. Treat a spin as worth nothing and you will never be wrong in the direction that costs you money.
  • A vote with no quorum can change things on a small turnout. The monthly ballot over one of the pool’s fees needs 51% of the votes actually cast and no minimum participation. Holding tokens does not entitle you to an outcome, and a position bought shortly before a ballot carries a fraction of the weight of one held for a month.
  • Supply reaches the market as the price rises. The team’s share is released in ten steps tied to valuation rather than to a date, so more supply becomes claimable precisely when the valuation is climbing. A confirmed step never re-locks.
  • Rewards are shares of a pot, not amounts. Every bucket is divided pro rata against what everybody else did that day, so a figure that looks generous at a small user count falls as the platform grows. Nothing promises you a quantity.
  • How much unlocks at all is tied to what the platform earns. The token releases against a single running total of protocol fees, and that total only counts receipts from sources the platform has registered — a donation cannot move it, and neither can we, because it has no setter and can never be lowered. A platform earning little unlocks little, however much anybody used it.
  • One pot spends down on a fixed clock and destroys what revenue did not cover. A set slice is consumed every day for a thousand days whatever happens; the share that reaches users scales with what the platform actually earned that day, the rest tops up the wheel, and whatever the wheel does not take is burned. So a quiet day does not bank the difference for a better one — it permanently destroys it. That is deliberate, it cannot be paused, altered or overridden by anybody including us, and there is no owner, keeper or setter anywhere in it.
  • A prediction market opens with platform capital on both sides. That is what makes every market settle for real and charge its fee rather than refunding when one side is empty — so the outcome that used to give everybody their stake back no longer occurs. The platform’s own stake on the losing side is paid out to the winners, which is a subsidy to them and not a promise to anybody.
  • A quarter of what you earn is not yours to claim. Traders, creators and promoters take 75% of a day’s reward into their own claim; the other 25% becomes a budget that can only be directed at bringing other people in. It is not withheld by us and we never spend it — but it is not money you can take.

11. Nobody vets what is launched here

Anyone can create a project with any name, symbol, description, artwork and links — including names that copy a real company, a real person or a well-known token. A project appearing on this site is not an endorsement, a verification, a listing or any statement that its team is real or its claims are true. Labels like “Hot”, “New” and “Climbing” describe on-chain activity, nothing more, and activity is cheap to fake.

Before buying anything, check the contract address itself, not the name attached to it.

12. How trading actually goes wrong

  • The bonding curve prices by design. Earlier buyers pay less than later ones. That is the mechanism, not a flaw, and it means the person telling you to buy may already be in profit at your expense.
  • Price impact. A large order moves the price against itself. The figure you receive may be materially worse than the one you were quoted.
  • Slippage and ordering. Blocks on Robinhood Chain are produced roughly ten times a second. Between quote and inclusion, others trade. Your transaction can be front-run, sandwiched or simply beaten to the block.
  • Concentration. A creator or an early buyer can hold enough supply to crash the price the moment they sell.
  • Displayed figures are snapshots. Everything here was read at a stated block and was already slightly out of date when it rendered. Verify against the chain before committing size.

13. There is no undo

A signed transaction is final. It cannot be cancelled, reversed, charged back or refunded by us, by the creator or by anyone. Sending to a wrong address, signing a malicious approval, losing a seed phrase or having a wallet compromised means the funds are gone permanently. There is no support desk that can restore them, because no such power exists.

14. Infrastructure can fail

RPC endpoints go down, IPFS gateways stall, wallets ship bugs, chains reorganise or halt, and this website can be unavailable. None of that stops the contracts, and none of it is something we can compensate you for.

15. Regulation and tax are yours

Crypto-asset rules differ by jurisdiction and change. You are responsible for whether your use is lawful where you are, and for reporting and paying any tax arising from it. Every trade is on a public ledger, permanently.

16. None of this is advice

Nothing on this site is financial, investment, legal or tax advice, an offer, or a recommendation to buy or sell anything. We are not your broker, adviser or fiduciary. Do your own research, and get professional advice for your own circumstances.

If any of the above is unacceptable to you, that is a sensible conclusion. Do not use the site.

The Hood’s contracts are immutable, audited by Claude Fable 5. Nothing on this site is financial, investment, legal or tax advice.

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chain 4663 · Robinhood Chain · mainnet · checking

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