Terms of Service

1. Test phase

fairqueue currently runs only on Solana devnet (a public test network) and on local test chains. Devnet SOL and devnet tokens have no monetary value. Mainnet is not available. These terms are a draft and will be replaced by a reviewed version before any mainnet use.

2. What fairqueue is

• A software interface (website and Telegram Mini App) to browse token launches from approved creators, and to buy and sell those tokens.
• The tokens, trades and liquidity live in smart contracts on the Solana blockchain that are written and operated by Meteora (the Dynamic Bonding Curve and DAMM v2 programs). We do not deploy our own smart contracts, and we cannot change, pause or reverse Meteora's programs.
• We are not an exchange, broker, bank, custodian or investment adviser.

3. Your wallet, your keys

• We never hold your funds or tokens, and we never generate, receive or store your private keys or seed phrase.
• You sign every transaction yourself. Our servers only prepare unsigned transactions. Your wallet shows them to you, and you decide whether to sign. We never sign on your behalf.
• Signing in is a message signature, not a transaction. It costs nothing and cannot move funds.
• When you launch a token, its mint key is generated in your browser and never sent to us.
• Confirmed blockchain transactions are final. We cannot cancel, reverse or refund them.
• We will never ask for your seed phrase or private key, and we will never message you first. Anyone who does is not us.

You are responsible for keeping your wallet and device secure, and for checking every transaction before you sign it.

4. No investment advice

Nothing on fairqueue is investment, financial, legal or tax advice, or a recommendation to buy, sell or hold any token. Tokens are created by independent creators, not by us. Approving a creator only means the creator met our listing rules when we reviewed them. It is not an endorsement of the creator or the token and says nothing about its value. You are responsible for your own decisions and for any taxes on your activity.

5. How a launch works

• Every token has a fixed supply of 1,000,000,000 tokens. Its name, ticker and metadata cannot be changed after launch.
• The token starts on a bonding curve: the price rises as people buy and falls as people sell. Everyone pays the curve price at the moment of their trade.
• When the curve holds enough SOL to reach its graduation threshold, Meteora's program moves the curve's SOL and tokens into a Meteora DAMM v2 pool. 100% of that pool's liquidity is permanently locked: nobody, including us and the creator, can withdraw it.
• A token may never reach its graduation threshold.
• A creator can open a whitelist phase for their launch: until it ends or the creator switches it off, only wallets the creator whitelisted can buy through fairqueue. fairqueue's app and API enforce this, not the blockchain, so trades made directly on Meteora are not blocked. Every buyer pays the bonding-curve price at the time of their own buy, so prices differ between buyers.

6. Fees

Fees are set in the launch's on-chain configuration and taken automatically by the smart contract. The current configuration is:

• On the bonding curve: a trading fee of 0.75% per trade. To discourage bots, the fee starts at 25% when a token launches and falls to 0.75% over its first 60 seconds.
• After graduation: trades on the DAMM v2 pool pay that pool's fee of 1%.
• Meteora keeps its own protocol share of the trading fees. Of the rest, 50% goes to the token's creator and the remainder to the fairqueue operator.
• The Solana network charges its own transaction fees, also when a transaction fails. These are not paid to us.

The fees that apply are shown before you sign. Fees for future launches may change before mainnet; the fees of a launch that already exists are fixed in its configuration. Fees taken on-chain cannot be refunded.

7. Creators

fairqueue is curated. To launch, you apply with the wallet that will create the launch, and two members of our team must approve the application. We may refuse an application. If you launch, you promise that:

• you have the right to use the name, ticker, image and description you provide, and you do not impersonate or suggest a connection with any person, brand, company or project without permission
• the information you give us and your community is true and not misleading
• you will not promise or suggest returns, profit, revenue share, dividends, buy-backs or price support to token holders
• you will not use several wallets to hide your holdings or to get around any limit
• you are responsible for your token and for complying with the laws that apply to you as its creator

Token metadata (name, ticker, image, description and links) is public and referenced on the blockchain, so it cannot be deleted from there. Do not put personal data in it. You allow us to display it on fairqueue and in our channels. We may stop listing a token, or refuse future launches, if a creator breaks these terms; that does not affect the token on the blockchain.

8. What you must not do

• impersonate anyone, or mislead others about who is behind a token
• trade with yourself or with connected wallets to fake volume or price (wash trading), or manipulate the market in any other way
• use intermediate wallets, bundled transactions or several wallets to hide that wallets are related or how much of a supply one person controls
• launch or promote tokens that infringe someone else's rights or are linked to illegal content or services
• phish other users, run fake copies of fairqueue, or ask anyone for a seed phrase
• attack, overload or probe fairqueue, or get around its limits
• evade sanctions, launder money or break the law in any other way

9. Availability

fairqueue is provided as it is, without any promise that it will always be available or error-free, or that the prices, charts and balances it shows are complete and up to date. We may take it offline, fully or in part, at any time, for example during a security incident. Taking our interface offline does not stop the blockchain or Meteora's programs: your tokens stay in your wallet.

10. Still to be written

The operator's legal identity, liability, eligibility (minimum age and restricted countries), governing law and dispute resolution will be added after legal review. Until then, use fairqueue only for testing on devnet.

11. Changes

Every version of these terms has a version number and a date at the top of this page. We will publish changes here before they apply.