Risk Disclosure

1. Tokens are highly speculative

Tokens on fairqueue are created by independent creators. Most are memecoins: no business, no product, no revenue and no rights attached. Their price depends only on what other people will pay, and it can fall to zero within minutes. Our approval of a creator is not a recommendation: creators can still mislead buyers, abandon a project or sell their tokens. Only use money you can afford to lose completely.

2. Bonding curve, fees and price impact

• On the bonding curve the price rises as people buy and falls as people sell. Early buyers who sell can push the price down sharply.
• A large trade moves the price (price impact). You may not be able to sell when you want, or near the last price shown. Every trade we prepare includes a minimum output based on the slippage you accept; it protects you only within that slippage.
• In a token's first 60 seconds the trading fee starts at 25% and falls to 0.75%. Buying right at launch costs much more in fees.
• A token may never reach its graduation threshold. Until it graduates it can only be traded on its curve.
• Tokens can also be traded on other platforms we do not control, at other prices. Fake tokens can copy a real token's name, ticker and image: check the token address on the token page before you buy.

3. Smart contracts and software

Trades and liquidity run in Meteora's smart contracts. Audits do not find every bug: a bug, an exploit or an upgrade by the program's owner could cause lost or frozen funds or wrong prices. We cannot pause, change, reverse or repair those programs. Our own software (website, Mini App, API and indexer) can also have bugs: it could show wrong prices, charts or balances, or prepare a transaction that fails.

4. Network and RPC

The Solana network can slow down or stop for a time, and transactions may fail, be delayed or execute at a different price. We depend on third-party RPC providers to read from and send to the network; when they are slow or down, data lags and transactions fail. Network fees are charged even for failed transactions. Automated bots may see your transaction and trade ahead of you.

5. Wallet security and scams

• You alone control your wallet. If you lose your seed phrase, nobody can recover it.
• We will never ask for your seed phrase or private key, never message you first, and never ask you to send funds to "verify", "unlock" or "refund" anything.
• Scammers make look-alike websites, bots and groups. Check the address before you connect your wallet.
• Read what each transaction does in your wallet before you sign it. Signing in is only a message: if your wallet shows a transaction or a fee when you sign in, reject it.
• Use a hardware wallet for larger amounts, and keep your wallet app up to date.

6. Our interface may go offline

We may take fairqueue offline at any time, for example during a security incident. That does not stop the blockchain or freeze your tokens, but you may not be able to trade through our interface while it is offline. Other tools may still reach the smart contracts; we do not support them and you use them at your own risk.

7. Law and tax

Rules for crypto-assets are new and still changing. A change in the law or a decision by an authority could force us to restrict, change or close fairqueue, or make a token hard to trade. No financial authority has approved or reviewed the tokens on fairqueue. You may owe tax on your trades and are responsible for it.

8. Test phase

fairqueue currently runs only on Solana devnet, where SOL and tokens have no value. Do not send real funds to anyone who claims otherwise. See the Terms of Service.