Total-loss risk
Any token launched through STOCKTRESS can go to zero. You may lose everything you put in, including any amount you expected to be offset by rewards.
Documentation
Risk disclosures
These are not footnotes. Read them before you launch, trade or hold anything on STOCKTRESS.
- Tokenized stock instruments are issued by third parties.
- They are not direct company shares.
- They do not provide shareholder voting rights.
- The underlying company has not necessarily endorsed the instrument or STOCKTRESS.
- Rewards depend on eligible trading fees, successful conversion routes and regulatory eligibility.
- Rewards are never guaranteed.
- The launched token itself remains speculative and may lose all value.
Token volatility
Bonding-curve tokens can move violently within seconds. Prices shown anywhere in this interface may already be stale by the time a transaction lands.
Low or zero trading volume
If a launch is not traded, no fees accrue, no reward vault is funded and no tokenized stock is ever purchased. Most launches will fall into this category.
No guaranteed rewards
Rewards are a downstream consequence of trading fees actually being earned, claimed, converted and distributed. Every one of those steps can fail or never occur.
Failed or unavailable conversion routes
If no safe route exists to acquire the selected tokenized instrument, earmarked value remains in the vault as SOL and is shown as waiting for conversion. No substitute asset is bought.
Tokenized-instrument issuer risk
The instruments are liabilities of a third-party issuer. Issuer insolvency, operational failure or programme termination can impair or eliminate their value.
Custodian risk
The issuer's arrangements depend on custodians holding the underlying reference assets. Custodian failure is outside STOCKTRESS's control.
Smart-contract risk
Meteora's programs, the tokenized-asset token programs and any STOCKTRESS reward program can contain defects. An audit reduces but does not remove this risk.
Upgrade-authority risk
Upgradeable programs can be changed by their upgrade authority. Review the published upgrade-authority policy and multisig arrangements before depositing value.
Off-chain indexer and root-publisher trust
Holder allocations are computed by an off-chain indexer and published as a Merkle root by a multisig. This is not trustless. The on-chain program only prevents claims beyond the published cumulative allocation.
Token-2022 extension risk
Tokenized equity instruments on Solana use Token-2022 extensions. Extensions can alter transferability, fees and displayed balances in ways ordinary SPL tokens do not.
Rebasing or multiplier behaviour
Scaled UI multipliers change the displayed balance without changing raw units. Corporate actions on the reference asset can change the multiplier.
Freeze or halt risk
Issuers can halt an instrument, and token accounts may be freezable. A halted instrument cannot be purchased or, in some cases, transferred.
Liquidity risk
Both the launched token and the tokenized instrument may be thinly traded. Exiting a position at a quoted price is not guaranteed.
Regulatory restrictions
Tokenized equity instruments are restricted in many jurisdictions, currently including the United States, the United Kingdom, Canada and Australia. Eligibility checks fail closed.
Tax obligations
Receiving, holding or disposing of tokens and tokenized instruments may create taxable events. STOCKTRESS provides no tax advice and no tax reporting.
No underlying-company endorsement
No company referenced by an instrument has necessarily reviewed, approved or endorsed the instrument or STOCKTRESS.
Nothing on STOCKTRESS is investment, legal or tax advice. No company referenced by a tokenized instrument has necessarily reviewed, approved or endorsed the instrument or STOCKTRESS.