Legal
Risk disclosure
Read this before you buy $PAYBACK or count on a drop.
You can lose everything
$PAYBACK is a memecoin. Its price can drop to zero at any time. Only use money you can afford to lose.
Drops are not guaranteed
The pool depends on trading volume. Low volume means small or no drops. A drop can be delayed, reduced or skipped.
Stock tokens are not stocks
Stock tokens on Robinhood Chain track a share price but do not give you the rights of a shareholder. They carry their own issuer, liquidity and legal risks, and are restricted in several countries.
Smart contract risk
Tokens, pools, the vault and the payout contract can have bugs or be exploited. Blockchain transactions cannot be reversed.
Data can be wrong
Rekt Cards are computed from public data and can miss or misread trades. Loss figures are estimates.
Rules change
Thresholds, caps, eligibility and the tax split can change between weeks and seasons to stop abuse or keep the pool sustainable.
Regulation
Laws on tokens and tokenized stocks are changing. A change in law could limit or stop the pool in some or all countries.