Risks

Anyone can create a token

Creating a token takes one transaction and no permission. Nobody reviews a token before it appears on this site. BLOCKZERO does not vet, verify, endorse, or recommend any token, creator, or link.

Names, tickers, images, descriptions, and social links are typed in by the creator and can be false. A token can copy the name and picture of a well known project and have nothing to do with it. There are no verified badges. The contract address shown on the token page is the only thing that identifies a token; check it before you buy.

Links on a token page lead to sites BLOCKZERO does not control. Treat them the way you would treat a link from a stranger.

How a token works here

Every token has a fixed supply of 1,000,000,000, minted once. 800,000,000 are sold on a bonding curve against the chain's native asset, so the price rises as people buy and falls as they sell. Every curve trade pays a 1% fee on the native side, shared between the protocol, the token's creator, and the referrer if there is one.

When a token has raised its target it graduates inside the buy that reached the target: a 2% graduation fee is taken, and the remaining 200,000,000 tokens and the raised native asset seed a constant-product pool. The liquidity tokens for that pool are sent to a dead address, so the liquidity cannot be withdrawn by anyone. Pool swaps pay 0.3%.

The tokens themselves have no owner key, no mint function, no pause, no transfer tax, and no blacklist. Those fees and numbers are the ones in use when this page was written; the figures on a token's own page are the ones that apply to it.

Price risk

Most tokens launched this way go to zero or close to it. Most never graduate. A token that has not graduated can only be sold back to the curve, at whatever price the curve gives at that moment, which may be far below what you paid.

Prices move fast and a single trade can move them a lot. The amount you receive can differ from the quote you saw; the slippage setting in the trade panel is the most you agree to give up, and a trade that would exceed it fails. Failed transactions still cost gas.

Creators and early buyers often hold a large share of the supply and can sell at any time. Burned liquidity stops the pool from being pulled. It does not stop holders from selling, and it does not put a floor under the price.

Market cap figures are the last price multiplied by the total supply. They are not an amount anyone could actually sell for.

Contract risk

The contracts are tested, including fuzz and invariant tests, but tested code can still have bugs. A bug could lead to a loss of some or all of the funds in a curve or a pool. The contracts were reviewed line by line by their developer before launch and the issues found were fixed. They have not been audited by an outside firm.

What the operator of the contracts can and cannot do: there is one kill switch and it pauses the creation of new tokens only. Trading, selling, graduation, and fee claims cannot be paused by anyone. The operator can change the fees, the graduation target, and the graduation router that apply to tokens created afterwards, within hard limits written into the contracts; a token that already exists keeps the terms it was created with, and a pool that already exists keeps its fees. The operator collects the protocol's share of fees. No admin key can mint tokens, freeze a wallet, or move tokens or native assets out of a curve or a pool.

The contracts cannot be upgraded. If something is wrong with them, it cannot be patched in place.

Chain, wallet, and site risk

BLOCKZERO never holds your funds or your keys. You trade from your own wallet, and every trade is a transaction you sign. Transactions cannot be reversed, by you or by anyone else. If you lose your keys or sign something malicious, nobody can recover your assets.

The chains this runs on are new. A chain can halt, reorganize, or behave in unexpected ways, and bridges to and from it carry risks of their own.

This website is a view onto the contracts. It can be down, slow, or show stale or wrong numbers, because the data comes from an indexer that can lag behind the chain. The contracts keep working when the site does not, and what the chain says is what counts.

The burner wallet offered on testnets keeps its key in your browser. It is for testing only. Do not put anything of value in it.

No advice, and your own responsibility

Nothing on this site is financial, investment, legal, or tax advice. A token being listed, trending, or graduated says nothing about whether it is worth buying.

Trading tokens may be restricted or taxed where you live. It is up to you to know the rules that apply to you and to follow them. Do not use BLOCKZERO where doing so is prohibited.