Important Legal and Risk Information
This disclaimer contains important information about the risks associated with using Unrugable Chaos. Please read this carefully before participating in any transactions or activities involving Chaos meme tokens or the Unrugable Chaos platform.
No Financial Advice: The information provided on this website and within Unrugable Chaos is for informational purposes only and does not constitute financial, investment, legal, or tax advice. You should conduct your own research and consult with qualified professionals before making any financial decisions.
No Guarantees: Unrugable Chaos makes no representations or warranties regarding the future performance, value, or success of Chaos meme tokens or any related services. Past performance does not guarantee future results.
User Responsibility: You are solely responsible for your decisions to buy, sell, hold, or transact with Chaos meme tokens. All transactions are at your own risk.
Backing Assets: Chaos meme tokens are backed by USD Coin (USDC) stored in the smart contract. The backing ratio is determined by a linear bonding curve mechanism: price = totalUSDCBacking / circulatingSupply. This ensures that all tokens have permanent USDC backing.
Unrugable Chaos uses a linear bonding curve to determine token prices. The initial bootstrap price is 1 USDC = 1 token. After bootstrap, the price is calculated as totalUSDCBacking divided by circulatingSupply. As more tokens are purchased, the price increases, and as tokens are refunded, the price decreases. This mechanism ensures permanent USDC backing for all tokens.
The 0.5% backing boost fee from each transaction remains in the contract, increasing the backing ratio for all holders over time.
USDC Price Stability: While Chaos meme tokens are backed by USDC, the value of USDC can fluctuate slightly due to market conditions, regulatory changes, or other factors beyond our control. Token prices are directly affected by USDC price movements.
Refund Mechanism: When you refund Chaos meme tokens, you receive USDC at the current backing price minus protocol fees (1% total: 0.3% creator fee, 0.2% dev fee, 0.5% backing boost). The effective refund rate is approximately 99% after fees. The amount of USDC received may be different from the amount originally used to purchase tokens due to fee deductions and price changes in the bonding curve.
Backing Risk: Unrugable Chaos is not responsible for any issues related to Base Sepolia network operations, smart contract vulnerabilities, or USDC price volatility. While the smart contracts use audited OpenZeppelin libraries, any issues with the Base Sepolia network or smart contracts could affect the value or functionality of Chaos meme tokens.
Market Risk: Cryptocurrency markets can be extremely volatile and unpredictable. While Chaos meme tokens are backed by USDC, the value of USDC can fluctuate slightly, and market conditions may affect Chaos meme token prices.
Smart Contract Risk: While our smart contracts use audited OpenZeppelin libraries and undergo comprehensive testing, smart contracts may contain bugs, vulnerabilities, or unexpected behaviors that could result in loss of funds.
Regulatory Risk: Cryptocurrency and token regulations are evolving and may change in ways that could affect the legality, use, or value of Chaos meme tokens or ETH.
Technology Risk: Blockchain technology, smart contracts, and related technologies are still developing and may have technical limitations, failures, or security vulnerabilities.
Fee Risk: All transactions (buys, refunds) are subject to fees totaling 1%: 0.3% creator fee, 0.2% dev fee, and 0.5% backing boost. These fees reduce the net value of transactions.
Bonding Curve Risk: Token prices are determined by the bonding curve mechanism and can change significantly as tokens are bought and sold. Early buyers may benefit from lower prices, while later buyers may pay higher prices. Refund prices may be lower than purchase prices due to bonding curve dynamics and fees.
Liquidity Risk: There may be limited liquidity for Chaos meme tokens, which could make it difficult to buy or sell tokens at desired prices, especially for larger amounts.
Network Risk: The Base Sepolia network may experience congestion, delays, or other issues that could affect transaction processing or costs. High gas fees during network congestion may make small transactions uneconomical.
USDC-Specific Risks: Chaos meme tokens are subject to risks associated with USDC, including potential regulatory actions against USDC, issues with USDC's underlying reserves, or changes to USDC's peg stability.
No Guaranteed Returns: There are no guarantees that you will earn profits or avoid losses when using Unrugable Chaos. All investments carry risk, and you may lose some or all of your invested capital.
No Insurance: Chaos meme tokens and ETH are not insured by any government agency or insurance company. In the event of loss, there may be no recourse for recovery.
No Fiduciary Relationship: Unrugable Chaos is not acting as your financial advisor, fiduciary, or investment manager. We do not have a duty to act in your best interests.
Price Appreciation Not Guaranteed: While Chaos meme tokens feature a bonding curve mechanism that may increase prices as more tokens are purchased, there is no guarantee that prices will appreciate or that your holdings will increase in value. Prices can decrease if tokens are refunded or if ETH value decreases.
Private Key Security: You are responsible for the security of your private keys and wallet. Loss of private keys may result in permanent loss of your tokens.
Transaction Errors: Blockchain transactions are irreversible. Sending tokens to incorrect addresses or using incorrect parameters may result in permanent loss.
Network Fees: Transaction fees (gas fees) on the Ethereum network may vary and could be significant during periods of high network congestion.
Compatibility Issues: Wallet software, browsers, or other tools may not be compatible with Unrugable Chaos or may malfunction.
Refund Mechanism: Refunding tokens requires transferring them to the contract address. If you send tokens to the wrong address or make an error, you may lose your tokens permanently.
Your Responsibility: You are responsible for ensuring that your use of Unrugable Chaos complies with all applicable laws and regulations in your jurisdiction.
Tax Obligations: You may be subject to tax obligations related to your transactions with Chaos meme tokens or USDC. Consult with a qualified tax professional to understand your obligations.
Restricted Jurisdictions: Unrugable Chaos may not be available in all jurisdictions. It is your responsibility to determine whether your use is permitted in your location.
USDC Regulatory Risk: Regulatory actions against USDC or its issuer could affect the value or availability of Chaos meme tokens.
No Liability: Unrugable Chaos, its developers, and affiliates shall not be liable for any direct, indirect, incidental, special, or consequential damages arising from your use of the platform.
Force Majeure: We are not responsible for delays or failures caused by events beyond our control, including but not limited to natural disasters, war, regulatory actions, network failures, or issues affecting Ethereum's operations.
Third-Party Services: We are not responsible for the actions, omissions, or services of third-party wallet providers, exchanges, or other services that you may use in connection with Unrugable Chaos.
USDC Liability: Unrugable Chaos is not responsible for any issues, losses, or damages related to Base Sepolia network operations, USDC price volatility, or USDC's underlying reserves.
Protocol Updates: Unrugable Chaos may be updated, modified, or discontinued at any time. Such changes may affect the functionality or value of Chaos meme tokens.
Disclaimer Updates: This disclaimer may be updated periodically. Continued use of Unrugable Chaos after changes constitutes acceptance of the updated terms.
No Notice Required: We are not obligated to provide advance notice of changes to the platform or this disclaimer.
By using Unrugable Chaos, you acknowledge that you have read, understood, and agree to this disclaimer. You understand the risks involved and accept full responsibility for your decisions and their consequences. If you do not agree with any part of this disclaimer, you should not use Unrugable Chaos.
If you have questions about this disclaimer, please contact us.