Risk disclosures

This draft summarizes risks specific to Stan and to creator coins generally. It is not legal, financial or tax advice, and it does not assert any regulatory approval, registration, or exemption — those determinations require jurisdiction-specific legal review that has not yet happened for this build.

Coins can go to zero

Every coin’s price is set only by its own market and trading activity: its pons bonding curve, and after graduation its pons pool. There is no backing asset, no guaranteed liquidity beyond the coin’s own ETH in the curve (or, after graduation, in its pool), and no mechanism that prevents a coin’s value from falling to zero.

Stan depends on pons, which is unaudited

Every coin on Stan is created and traded on pons, an independent launchpad that Stan builds on. Stan is not partnered with pons, and pons’ contracts have not been audited. A bug in pons, or a decision by pons, can affect every coin on Stan. In particular the people who run pons can, among other things, close new launches, change pons’ own fees, and (after a 3-day delay) propose moving where a coin’s pons fee is paid. Stan watches for these actions and shows a warning on affected coins, but cannot stop them.

Graduation pauses trading and changes the market

When a coin’s curve holds 4.2 ETH it sells out and pons moves the coin to its own pool. Buying and selling are paused for a moment while that happens. Right after graduation the pool can be thinner than the curve was, so the same trade can move the price more. Anyone can create other pools or markets for the same token elsewhere, and those do not pay Stan’s fees. Uniswap’s governance could also switch on a protocol fee on pools like this one, which Stan cannot change or block.

Fees outside Stan

Trades made on pons or through an aggregator pay only pons' 1% fee. Stan's 2% applies to trades made in Stan, so fees paid to the creator only come from trades made here.

New coins are sniped for 3 seconds

For the first 3 seconds after a coin is launched pons taxes buys by up to 99%. Stan blocks buying during that window. If you buy through another app you could pay that tax.

Anyone can launch a coin for anyone

A coin referencing a creator does not mean that creator created it, endorses it, or is even aware of it. Look for an explicit endorsement marker, not just a "claimed" badge — claiming only means the real account holder can receive accrued fees.

Smart contract risk

Stan’s own contracts are immutable once deployed (no upgrade path, no admin fee changes, no mint, no transfer tax). That limits some attack surfaces but also means any undiscovered defect cannot be patched after deployment. Stan’s contracts have not completed an external audit, and they depend on pons’ unaudited contracts. Review the published source before relying on them with meaningful funds.

Transactions are irreversible

Once a transaction confirms on-chain, Stan cannot reverse it, refund it, or recover funds sent to the wrong address. Double-check addresses, amounts, and network before signing.

No FDIC/SIPC protection, no guaranteed returns

Coins launched on Stan are not bank deposits or brokerage securities accounts and carry no deposit insurance. Nothing on Stan promises a return, yield, dividend, or buyback.

Claims and wallet-recovery limitations

Claiming creator fees relies on a public post (or bio) from the named account plus a server-side check, not a trustless cryptographic proof of account ownership. A 24-hour delay on the first claim, a 48-hour delay on moving to a new wallet, and a public “claim pending” notice on every affected coin reduce, but do not eliminate, the risk of a wrongful claim during that window. Unclaimed fees can be swept to Stan’s treasury at any time. There is no recovery path for a lost payout wallet beyond the documented flows.

Regulatory uncertainty

The legal treatment of creator coins and bonding-curve tokens varies by jurisdiction and is unsettled in many. Nothing on Stan should be read as a representation that any coin is, or is not, a regulated financial instrument in your jurisdiction.