Risk disclosure
Material risks associated with wallets, smart contracts, markets, and digital artifacts.
Loss of assets
Digital assets can lose some or all value. Transactions may be final, fees may change rapidly, and lost credentials may be unrecoverable.
Smart contract risk
Contract defects, integration errors, upgrade assumptions, malicious dependencies, or network changes can cause unexpected behavior or loss.
Market and liquidity risk
Thin liquidity, volatility, slippage, manipulation, and unavailable exit liquidity can materially affect execution. Displayed data can be delayed.
Backing and burn risk
Tier-upgrade burns are permanent. Clock-in backing remains liquid, so spending or transferring $666 can make the newest registered skulls Dormant at 0x until the wallet restores capacity. Permanent tier, prior burns, and unclaimed rewards follow the live skull incarnation through transfer. None of these actions promise rewards or future value.
Regulatory and tax risk
Laws, regulations, sanctions, and tax treatment differ by jurisdiction and may change. Users are responsible for obtaining independent advice.