GIT/FUN
NETWORK BASESEPOLIA
MARKETS LIVE 002
POOL TVL 0.00 ETH
EST. FEES 0.000 ETH
POOLS LIVE 002

Risk Disclosure

Effective 2026-05-30Scope Global usersStatus DRAFT — not legal advice

GitFun enables permissionless tokenization of public GitHub repositories and trading on Uniswap v4. Trading these tokens involves significant risk. You can lose all of the funds you commit. Read this disclosure carefully before using the protocol.

1. Total loss is possible and common

Tokens launched on GitFun have no intrinsic value, no claim on the underlying repository, no revenue rights, no enforceable promise of any kind. The price you see is whatever the next buyer is willing to pay. For most launched tokens, that price will go to near-zero. Treat any funds committed as money you are willing to lose entirely.

2. No relationship to the underlying repository

A GitFun token associated with a GitHub repository:

  • Does not give you ownership of the repository
  • Does not give you license rights to the code
  • Does not give you any claim on the maintainer's time or output
  • Does not represent any future revenue, royalty, or distribution
  • Is not endorsed by the repository owner unless explicitly stated

If a repository becomes archived, deleted, renamed, or transferred, the corresponding token is unaffected on-chain but its perceived value may collapse.

3. Volatility and illiquidity

Most tokens launched on the protocol are extremely thinly traded. Prices can move tens or hundreds of percent in a single transaction. You may be unable to exit a position at any reasonable price, or at all. Slippage on small pools can exceed 50% on a single trade.

4. Single-sided initial liquidity

Pools are seeded with a single-sided token-only position. The launch creator does not contribute ETH liquidity. This means:

  • The first buys move the price aggressively upward.
  • If the first buyer immediately sells back into the same pool, they may lose to slippage and fees, even with no other activity.
  • Until enough buys push price into the active range, sells can revert with insufficient liquidity errors.

5. Smart contract risk

The protocol consists of immutable smart contracts on Base. While they have been tested, smart contracts can contain bugs that lead to loss of funds. The protocol uses Uniswap v4 as a swap venue and inherits any risk in the v4 contracts.

If a critical bug is found, the protocol cannot be paused or upgraded. The website may surface warnings, but on-chain contracts remain accessible to anyone with a wallet.

6. Front-running, MEV, and adversarial actors

All transactions on Base are visible in the public mempool. Bots may front-run, sandwich, or back-run your transactions, costing you in slippage. The protocol does not provide any protection against MEV. Use slippage protection deliberately and consider private RPC endpoints for large trades.

7. Wallet and key custody

You are solely responsible for the security of your wallet, your private keys, and your seed phrase. We have no ability to recover a lost wallet or reverse a fraudulent transaction. Phishing sites impersonating GitFun may target your assets — verify the URL before connecting your wallet, and never share your seed phrase with anyone.

8. Token symbol collisions and impersonation

Anyone can deploy a token referencing any public repository. Multiple tokens may share similar names, identical symbols, or impersonate well-known projects. Always verify the contract address before trading.

9. Creator fee claim risk

Creator fees can only be claimed by a wallet that has verified ownership of the corresponding GitHub repository. If GitHub OAuth is unavailable, if the repository is renamed or transferred, or if our attestation key is rotated, claims may be temporarily unavailable. We make no SLA on availability of the claim flow.

10. Regulatory risk

The legal status of crypto assets varies widely by jurisdiction and is subject to change. Tokens launched on the protocol may, in some jurisdictions, be deemed securities, commodities, or other regulated instruments. Regulators may take enforcement action against issuers, traders, or users. You are responsible for understanding and complying with the laws in your jurisdiction.

11. Tax

Trading, swapping, and receiving tokens may have tax consequences including capital gains and income tax. We do not provide tax advice or tax reporting. You are responsible for tracking your activity and reporting it to your tax authority.

12. Operator risk

The website, indexer, relayer, and supporting infrastructure are operated by humans. They can fail, be misconfigured, be targeted by attacks, or be taken offline. The smart contracts remain accessible directly on-chain regardless, but useful interaction may degrade if the operator-run infrastructure is unavailable.

13. Counterparty and bridge risk

If you bridge funds onto Base or use third-party services to acquire ETH, you take on the risk of those bridges and services. We do not endorse any specific provider.

14. No insurance, no recourse

There is no investor protection scheme, FDIC insurance, deposit guarantee, or fund-of-last-resort backing the protocol. If you lose funds for any reason — bug, scam, your own error, market movement — there is no party to make you whole.

Summary

  • You can lose everything you put in.
  • Tokens have no rights and no guaranteed value.
  • Smart contracts are immutable; bugs are unrecoverable.
  • Regulators may act in your jurisdiction.
  • You are responsible for your wallet, your taxes, and your due diligence.

By using GitFun you acknowledge that you have read and understood these risks.

This page is a draft. It has not been reviewed by counsel. The protocol operator should engage a lawyer with experience in crypto markets and consumer protection in their target jurisdictions before public mainnet launch.