Risk disclosure
Draft · for legal reviewRead this before you trade
Lockkeeper lets you trade launchpad tokens while they're still on their bonding curve. That's early and risky. Here's what can go wrong.
- 01
Curve tokens can go to zero
Most launchpad tokens lose most or all of their value. Only trade what you can afford to lose entirely.
- 02
Prices move fast and slippage is real
Curve prices change with every trade. Your slippage setting caps how much worse your price can get, but a swap can still revert and cost gas.
- 03
Smart contract risk
Lockkeeper, Uniswap v4 and Pons are smart contracts. Bugs in any of them could cause losses, even after audits.
- 04
Third-party launchpad risk
Lockkeeper doesn't control Pons. Pons can change its contracts, fees or rules. We pause routing when its code changes, but can't prevent changes.
- 05
Routing can be paused
Guardians can pause routing at any time to protect users. While paused, you can't trade through the lock, though you can still trade on Pons directly.
- 06
Graduation changes how you trade
When a curve graduates, the token moves to a regular pool at market price. Liquidity and price there may differ from the curve.
- 07
Concentrated holders and creators
A few wallets, including the creator, may hold much of the supply and can sell at any time. Check the holder concentration flag.
- 08
Not financial advice, no guarantees
Lockkeeper is software, not a broker or adviser. Nothing on this site is a recommendation. Laws on crypto trading vary by country, and you're responsible for following yours.
Draft wording. To be reviewed by counsel before mainnet launch.