Risk Disclosure

Last updated: [DATE]

Read this before you mint, trade, redeem or launch anything on C-Suite. It is part of the Terms of Service. It is written plainly because the risks are plain: you can lose everything you put in, and nobody, including us, can give it back.

1. Prices, and total loss

A coin launched here is a memecoin. Its price is set by whoever is trading it in one pool, and it can go to zero. A seat's value depends on that coin's trading and on the pair token it is redeemable into; both can fall. Nothing on the site is a prediction, and nothing that happened to another collection says what will happen to this one.

2. The fee share depends on trading, and has no floor

A seat earns a share of the fees on trades in its pool. If nobody trades, it earns nothing. Most of a coin's lifetime trading tends to happen in its first days; after that a pool can go quiet for weeks or for ever. The fee share is not yield, interest, income or a return, and nothing about it is protected, guaranteed or safe. A seat's redemption pays back the amount of the pair token the seat put in, and can pay less if the pool has been damaged (section 4). It opens only once trading in the pool has gone quiet, which may take a long time, and no date is set (section 6).

3. Smart contracts

The site is an interface to smart contracts that run on their own once deployed. They have been tested and reviewed by us, but they have not been audited by an independent security firm, and no amount of review makes code bug-free. [REVIEW: state only what is true at launch; if an outside audit is commissioned, name the firm and link the report here.] A bug in a contract, in the Uniswap contracts the pool runs on, in the Stock Token's contract, or in the chain itself can freeze or lose what the contract holds, and there is no administrator who can reach in and fix it: after a collection launches, nobody, including us, can upgrade its contracts, withdraw its pool, change its fee split or move what a contract owes to someone. That is deliberate, and it cuts both ways.

4. The Stock Token's issuer can act on your assets and on the pool

A Stock Token is issued by a third party under its own terms (on Robinhood Chain, Robinhood Assets (Jersey) Ltd; on Base, Coinbase). The issuer keeps powers over every Stock Token it issues, and none of them is ours:

• Pause. The issuer can pause a Stock Token, or all of them at once. While paused, the token cannot move: mints, refunds, trades in the pool, redemptions and Stock Token payouts all wait.
• Blocklist. The issuer can blocklist any address. A blocklisted wallet cannot send or receive the Stock Token: it cannot mint, be refunded, redeem, or be paid in the Stock Token until unblocked. What it is owed waits for it. If the issuer blocklists the pool's own address, that pool is frozen for good: no trades, no redemptions from it.
• Destroying balances. The issuer can destroy any Stock Token balance, including a pool's or the mint escrow's. If it destroys part of a pool, every seat still in shares the loss when it redeems; if it destroys part of an escrow, refunds are reduced in proportion.
• Upgrades. The issuer can change every Stock Token's code at once, with no notice we can see.

The issuer also restricts who may hold a Stock Token by country (Terms of Service, section 1.3). Holding one where you may not is your risk, not the issuer's and not ours.

5. The pool is permanent and its price can be moved

Once a mint succeeds, the money raised is locked in one trading pool for good. Nobody can withdraw it, move it or rebalance it, including us. It only shrinks, and only by redemptions. A permanent pool cannot be rescued from a bad price, a bad ticker, or an issuer action.

The pool is thin compared with a real market, and the Stock Token float on the chain is small and cannot grow outside market hours. Large trades move the price a lot. The chain's price feeds for stocks are not updated when the stock market is closed, so the coin can trade at prices far from the stock's for days at a time. The fee on trades starts very high in the first seconds after the pool opens and falls to its resting rate; a trade in those seconds pays most of its value in fees.

6. Redeeming is one-way, and opens only when trading goes quiet

A seat cannot be redeemed for [LOCK PERIOD] after the pool opens, and after that only once the amount of the pair token traded through the pool in the last [TRADING WINDOW] is below a cutoff that grows with time (Terms of Service, section 4.9). There is no date by which that must happen. Every trade in the pool counts towards the amount, so a busy pool, or someone willing to pay the fees on trading to keep it busy, keeps redemption shut for longer; until it opens, the only way out of a seat is to sell it. Once it opens it stays open. Redeeming burns the seat: it is gone, it cannot be minted again, and the collection only ever gets smaller. Redeeming pays the pair token to the wallet that calls; it cannot be sent anywhere else.

7. Your wallet, your keys

You use your own wallet. If you lose your keys, sign a malicious transaction, or connect to a site pretending to be this one, what you hold is gone and we cannot recover it. The site's sign-in signature costs nothing and moves nothing; any prompt that asks you to approve a transfer to sign in is not from us. A wallet that is a smart contract (for example a Safe) may not be able to move a seat wallet-to-wallet until the collection's transfer list includes it; it can still sell on a marketplace.

8. Third parties we do not control

Your wallet software, WalletConnect, the bridge or swap widget the site may offer, the chain's RPC endpoints, block explorers, marketplaces where seats are resold, and Telegram are all somebody else's. Each can fail, change or be attacked. The chain itself has an operator that can pause the chain or refuse transactions from an address, and has had outages of hours.

9. The law is unsettled and may change

How the law treats a seat, a coin paired against a Stock Token, a fee share, a referral payment, or a site like this one is not settled anywhere, and it differs by country. A regulator's view, a new law, or an issuer's change of terms could restrict what the site can offer, where, and to whom, including after you have minted. We may have to unlist a token, block a country, or stop offering a feature to comply. Nothing on the chain changes when we do.

10. No insurance, no recourse

Nothing on the site is a bank deposit or a brokerage account. No deposit insurance, investor compensation scheme or similar protection covers anything you hold or pay here.

11. Tax

What you receive through the site — a payout, a redemption, a referral payment, a creator's share, or a gain on a trade — may be taxable where you live. Working out and paying that is yours. We do not report on your behalf and do not give tax advice.

12. Creators

If you launch a token you are responsible for what you say about it, for the content you upload, and for the rights in it. A token can be taken down from the site; its contracts keep running regardless. Your platform fee is not refunded if the mint fails.

If any of this is unclear, do not mint. Questions: [CONTACT EMAIL].