Risk Disclosure
Interacting with Emerald carries real risk of total loss. Read this before you trade or launch anything. It is written plainly on purpose.
You can lose everything
Coins launched on Emerald can go to zero. Prices are volatile and there is no floor. Only commit funds you are prepared to lose entirely.
Units are references, not backing
A luxury unit is named after an object and references its publicly observable secondary market price. It is not the object, it is not a claim on the object, and it is not redeemable for the object. Until the price feed is live and published, a unit is only named after its item.
Oracle and feed risk
Once live, unit references depend on aggregated market data and a permissioned publisher. Data can be wrong, delayed, or paused by a circuit breaker. A reference is a best effort, not a guarantee.
Smart contract and liquidity risk
The contracts have inherent technical risk. Liquidity can be thin, especially early, and large trades can move price sharply or fail. Every coin's LP is locked in the PositionLocker forever, which means liquidity cannot be pulled but also cannot be topped up or withdrawn by a founder.
Regulatory risk
The legal treatment of tokens like these is unsettled and varies by jurisdiction. Rules may change in ways that affect access or value.
This page mirrors the on-site legal notice. See also the risk disclosure.