Safety
The honest list of risks, and the few things that genuinely protect you.
This page is the honest list. Read it before spending anything, and assume every item on it will eventually apply to someone.
Risks, stated plainly
You will usually lose value
Most of the pool is low-floor inventory. The expected value of an acquisition is below the acquisition price for almost every participant. This is entertainment, not investing.
Depositing carries risk of loss
Your position can be allocated earlier than its weight-implied average, ending its earnings before fees compound. You can finish behind the cut you expected.
Floor estimates are estimates
Values come from thin, illiquid markets and can be stale or wrong. An asset shown at 2 SOL may be unsellable at any price.
Admin controls exist
The authority can pause deposits and acquisitions, change the price, and edit the allowlist. These affect future activity, never settled results.
Smart contract risk
Any on-chain program can contain bugs. An audit reduces this risk but never removes it. No program is deployed yet.
No refunds
Settlements are final and cannot be reversed. A result you dislike is still a valid result.
What does protect you
- Settlement is atomic — a failed transfer reverts the payment with it.
- An allocated asset leaves the pool in the same instruction, so it cannot double-settle.
- Randomness is committed before it is revealed, so outcomes cannot be front-run.
- Protocol cuts are bounded and never taken from deposited assets.
Never spend money you need