Risk disclosure and acknowledgement
This document sets out risk factors and acknowledgements that apply to SLTX, a digital asset created by the Silytics project, and to your use of the Silytics Site. By acquiring, holding or using SLTX, or by relying on any information on the Site about it, you accept the matters below.
1. Nature of SLTX
SLTX is a digital asset on BNB Smart Chain. It is not equity, a share, a debt instrument, a security, electronic money or a stablecoin, and it is not a claim on the revenue, profit, assets, management or decisions of Silytics or its affiliates. SLTX currently confers no rights against Silytics and no entitlement to any product, service, discount, distribution, governance vote or return. Silytics does not sell SLTX to the public and makes no offer or solicitation in respect of it.
2. Your acknowledgements
By acquiring, holding or using SLTX you acknowledge, represent and agree that:
- you act independently and on your own initiative, and no one at Silytics has advised, induced, or made any promise to you;
- you have read the Terms of use, the whitepaper and this document, and have taken independent legal, tax and financial advice to the extent you consider appropriate;
- you are able to bear a total loss of the amount you commit, and you do not rely on any expected price, return, listing, liquidity, utility or future development;
- you are of legal age and capacity, are not subject to sanctions, and your acquisition and use of SLTX is lawful where you are, including under tax and financial-services law, for which you alone are responsible;
- you understand the technical nature of wallets, private keys, smart contracts and blockchain transactions, which are irreversible, and you are solely responsible for the security of your keys and devices;
- Silytics has no duty to buy, sell, support the price of, provide liquidity for, list, or maintain a market in SLTX, and is not responsible for markets operated by third parties.
3. Risk factors
Price and market. Digital assets are highly volatile. The value of SLTX may fall sharply or to zero at any time, and past movements indicate nothing about the future. Silytics makes no statement about any price, valuation or return.
Liquidity. Markets for SLTX may be thin or may not exist. You may be unable to sell at the displayed price, in the amount you want, or at all. Small markets are susceptible to manipulation and sudden price swings caused by a single participant.
Concentration. The initial supply is held by a project-controlled wallet. Transactions by a holder of a large share of supply may materially affect the market. Wallet information is published on the official links page and the token page.
Utility and project. Planned or possible features are subject to change, delay, or cancellation at Silytics' discretion and are not promises. Silytics may modify, suspend or discontinue the Site and any service at any time.
Smart contract and technology. The SLTX contract uses standard open-source code, was unit tested and statically analyzed, and has verified source code, but it has not been independently audited. It cannot be upgraded or corrected. Blockchains, wallets and decentralized exchanges can fail, be attacked or behave unexpectedly, and fees can be high.
Loss and fraud. Lost keys, tokens sent to the wrong address, and assets taken by scams cannot be recovered. Impersonators use fake websites, tokens, support accounts and giveaways. Use only the addresses and links on the official links page. Silytics never initiates contact to ask for seed phrases, private keys or payments.
Legal, regulatory and tax. The treatment of digital assets varies by jurisdiction and is changing. Laws may restrict or prohibit holding, trading, promoting or using SLTX, or require licences, and may affect the project and its features. Gains, losses and receipts may be taxable.
Information. Information on the Site is provided in good faith, may be incomplete or out of date, and market data from third parties may be delayed or wrong. Forward-looking statements are current intentions only.
Third parties and operations. The project depends on third-party services (hosting, data providers, wallets, exchanges) and on a small team, any of which may fail, change terms or become unavailable.
4. Limitation
To the fullest extent permitted by law, Silytics and its owners, officers, personnel and contractors are not liable for any loss arising from the risks above, or from your acquisition, holding, use or disposal of SLTX. Nothing here limits liability that cannot be limited by law, or any mandatory consumer right. See the Terms of use for the full limitation of liability.