Risk Disclosure

Cryptocurrency values can fluctuate dramatically. The value of STX (Stacks tokens) used on SNOZCOIN may increase or decrease significantly within short periods. Past performance is not indicative of future results.

All blockchain transactions are irreversible. Once a transaction is confirmed on the Stacks blockchain, it cannot be undone, reversed, or refunded. Sending funds to the wrong address or interacting with a malicious contract can result in permanent loss.

During periods of high network activity, transactions may be delayed or fail. Transaction fees may increase significantly during congestion. SNOZCOIN has no control over blockchain network conditions.

Blockchain technology is relatively new and evolving. There may be undiscovered vulnerabilities in the underlying protocols (Bitcoin, Stacks) that could affect all applications built on them.

If you lose your private key or recovery phrase, you lose access to your assets permanently. There is no "forgot password" recovery mechanism. SNOZCOIN cannot recover lost keys under any circumstances.

Malicious actors may attempt to steal your private keys through phishing websites, fake wallet applications, or social engineering. Always verify URLs and never share your private keys or recovery phrase with anyone, including SNOZCOIN team members.

Malware, keyloggers, or compromised devices can expose your wallet credentials. Ensure your devices are secure, use reputable antivirus software, and consider hardware wallets for significant holdings.

Smart contracts may contain bugs or vulnerabilities that could be exploited. While our contracts are open source and written in Clarity (a safer, non-Turing complete language), no code is guaranteed to be 100% secure.

As of this writing, SNOZCOIN contracts have not been audited by a third-party security firm. While we have conducted internal testing and code review, professional audits provide an additional layer of verification.

Once deployed, smart contracts cannot be easily modified. If a critical bug is discovered, it may require deploying new contracts and migrating users, which could cause disruption or potential loss of data.

Cryptocurrency regulation varies by jurisdiction and is rapidly evolving. Future laws or regulations may affect your ability to use SNOZCOIN, the legality of certain features, or the tax treatment of your activities.

Cryptocurrency transactions may be taxable events in your jurisdiction. You are solely responsible for reporting and paying any taxes owed on your cryptocurrency activities, including tips received, content payments, and SNOZ rewards.

Some jurisdictions prohibit or restrict cryptocurrency usage. Using SNOZCOIN from a restricted jurisdiction may violate local laws. It is your responsibility to ensure compliance with local regulations.

The SNOZCOIN website or API may experience downtime due to maintenance, technical issues, or cyberattacks. While we strive for high availability, we cannot guarantee uninterrupted service.

SNOZCOIN relies on third-party services including wallet providers (Leather, Xverse), the Stacks blockchain, and web hosting services. Issues with these services may affect your ability to use the platform.

Like any project, SNOZCOIN may discontinue operations in the future. However, because your assets are stored on-chain in a non-custodial manner, you maintain control of your cryptocurrency regardless of the platform's status.