Token Launch Disclosure

Placeholder — requires review by qualified legal counsel before public use.

Before you launch a token, you confirm that you understand:

1. Rules are permanent. Supply, graduation threshold, fees, cooldown, early-exit fee, launch window, fee routing and liquidity-support mode are written on-chain and cannot be changed by you, the protocol or anyone else.
2. Supply is fixed. All tokens are minted at creation. The mint authority is revoked and there is no freeze authority. Metadata is immutable.
3. Your initial buy is fee-free, capped at a small share of supply, and subject to the same cooldown as any other buy.
4. Liquidity Support you commit is held by the program until graduation and then becomes a locked LP position for the period you chose (never less than 7 days after graduation). You earn the configured share of its LP fees.
5. No promises. You must not describe your token as an investment, promise returns, price levels, buybacks or listings, or imply that locked liquidity or burns protect buyers from loss.
6. Content rewards funded by your token's fees must be paid for genuine content according to the campaign rules you publish. Payouts are public and carry on-chain receipts.
7. Your obligations. You are responsible for complying with the laws that apply to you and to your token, including securities, consumer-protection, advertising and tax laws.
8. Prohibited tokens. You will not launch tokens that impersonate people or brands, infringe intellectual property, or are listed in Prohibited uses.