Draft · requires legal review
Risk
Memecoins are among the riskiest assets in crypto. Programmable mechanics add new kinds of risk. Read this before you touch one, here or anywhere.
Draft placeholder: not legal advice, not final
This page is a working draft prepared for the VOLTAHOOKS team's lawyers. It is not a definitive legal document and may be wrong or incomplete for your jurisdiction. Final terms will replace it.
- 01
Total loss is a normal outcome
Memecoin prices are driven by attention and can fall to zero quickly. Never use money you cannot afford to lose entirely. - 02
Mechanics do not guarantee value
Buyback and burn reduces supply; it does not create demand. Holder rewards depend on trading volume that may vanish, and they only start once at least 1,000 tokens are staked in total. King of the Hill rewards stop as soon as someone makes a bigger single buy, when you sell or your holdings fall below half of your crowning buy, or when the window expires. None of these mechanics promise returns. - 03
The contracts are unaudited
The smart contracts are deployed on Elysium but have not been audited. They can contain bugs or be exploited, and rule combinations can interact in unexpected ways. You can lose everything you put in. - 04
Rules only apply on the token's own pool
Fees, King of the Hill, buyback funding and anti-sniper checks apply only to trades through the token's VOLTAHOOKS pool. Trades on other venues bypass them; plain wallet-to-wallet transfers are normal ERC-20 transfers. Wallet caps can be sidestepped by using several wallets. - 05
Market structure risks
Bots, MEV, front-running, low liquidity and slippage can all cost you money. The app sets a minimum amount out and a short deadline on every trade, and the transaction fails rather than filling at a worse price, but you can still lose money to price moves within your slippage setting. - 06
Creator-supplied content
Names, images and descriptions are written by token creators and are not reviewed or endorsed. They may be misleading or offensive. The indexer and the app can lag behind the chain. - 07
Regulatory risk
Rules for tokens differ by country and change over time. Access to products may be restricted in some jurisdictions. [JURISDICTION LIST TO BE ADDED BY LEGAL]
Last edited: draft · [DATE TBD BY LEGAL]