Terms of Participation & Risk Disclaimers

1. Nature of the Protocol

Equilibrium Protocol is an experimental, open-source smart contract deployed on the Solana blockchain by Cryptoes LLC, a Pennsylvania limited liability company. It is not a security, investment contract, or financial product. EQL tokens do not represent equity, ownership, debt, or any claim against Cryptoes LLC or any other person or entity. They are programmable digital tokens governed solely by the immutable on-chain code of the protocol.

No person, company, or organization controls, manages, or operates the Equilibrium Protocol after the authority burn event. Cryptoes LLC's role is limited to the initial deployment and authority burn. After that event, there is no issuer, no management team, and no ongoing obligations owed to participants by Cryptoes LLC or anyone else.

2. No Investment Advice or Solicitation

Nothing on this website or in the whitepaper constitutes investment advice, financial advice, legal advice, or a solicitation to purchase any security or financial instrument. The information provided is for educational and informational purposes only.

You should consult your own legal, financial, and tax advisors before making any decision to participate. No representation is made that participation in this protocol will result in any financial gain, and past performance of any cryptocurrency or token is not indicative of future results.

3. Assumption of Risk

By participating in the Equilibrium Protocol, you expressly acknowledge and assume the following risks:

1. Smart contract risk. The protocol has not undergone a formal third-party security audit. Undiscovered vulnerabilities, bugs, or exploits may exist in the code. Such defects could result in the partial or total loss of deposited SOL or EQL tokens, with no possibility of recovery.
2. Immutability risk. After the authority burn, no party can modify, upgrade, patch, or fix the protocol for any reason, including to address discovered vulnerabilities. This is by design, but it means that errors are permanent.
3. Platform risk. The protocol depends on the Solana blockchain, the Solana runtime, the SPL Token program, and the Anchor framework. Bugs, outages, forks, or changes in any of these could affect the protocol in ways not anticipated at deployment.
4. Economic risk. EQL tokens may have no monetary value. There is no guarantee that any secondary market will develop. Token prices, if any, may be highly volatile and may decline to zero.
5. Regulatory risk. The regulatory status of digital tokens varies by jurisdiction and is evolving. Participation may be restricted or prohibited in your jurisdiction. You are solely responsible for determining whether your participation complies with applicable law.
6. Loss of access. If you lose your private keys, wallet credentials, or nonce used in the commit phase, your tokens and deposited SOL may be permanently unrecoverable. No party can restore access on your behalf.
7. Sybil and game-theoretic risk. While the protocol includes anti-Sybil measures (minimum deposit requirement), determined actors with sufficient capital could create multiple identities to receive disproportionate allocations.
8. Concentration decay is opt-in. The anti-whale mechanism requires token holders to delegate to the protocol. Wallets that do not delegate are not subject to decay, which may limit the mechanism's effectiveness.

4. No Warranties

The protocol is provided "as is" and "as available," without warranty of any kind, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, and non-infringement. No representation or warranty is made regarding the accuracy, completeness, reliability, or security of the protocol or any related materials.

5. Limitation of Liability

To the fullest extent permitted by applicable law, Cryptoes LLC, its members, managers, employees, contractors, and any associated persons or entities shall not be liable for any direct, indirect, incidental, special, consequential, or exemplary damages arising out of or in connection with your use of or inability to use the protocol, including but not limited to loss of tokens, loss of deposited SOL, loss of profits, or loss of data, regardless of the theory of liability and even if advised of the possibility of such damages.

6. Participation Requirements

By participating, you represent and warrant that:

1. You are of legal age in your jurisdiction to enter into binding agreements.
2. You are not a resident of, or located in, any jurisdiction where participation in decentralized token protocols is prohibited by law.
3. You are not on any sanctions list maintained by the United States (OFAC), the European Union, the United Kingdom, or any other applicable jurisdiction.
4. You have sufficient technical knowledge to understand the risks of interacting with blockchain-based smart contracts, or you have consulted with someone who does.
5. You are participating on your own behalf and not as an agent or nominee for any other party, unless you have disclosed this to your principal and they have accepted these terms.

7. Forfeiture of Unrevealed Commitments

If you commit during the commit phase and fail to reveal during the reveal phase, your deposited SOL will be forfeited to the protocol and cannot be recovered. It is your sole responsibility to return and complete the reveal within the designated timeframe. No reminders, notifications, or extensions will be provided.

8. Open Source and Verification

The protocol source code is publicly available for review. You are encouraged to review the code, have it reviewed by qualified professionals, and verify the on-chain deployment before participating. The availability of source code does not constitute a warranty that the code is free of defects.

9. No Fiduciary Relationship

No fiduciary relationship, partnership, joint venture, employment, or agency relationship exists between you and Cryptoes LLC, its members, or any other participant by virtue of your interaction with the protocol.

10. Tax Obligations

You are solely responsible for determining and fulfilling any tax obligations arising from your participation in the protocol, including but not limited to the receipt, holding, staking, or transfer of EQL tokens. Cryptoes LLC does not provide tax advice and makes no representations regarding the tax treatment of EQL tokens in any jurisdiction.

11. Governing Law and Dispute Resolution

These terms shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania, without regard to its conflict of laws principles. Any dispute arising out of or relating to these terms or the protocol shall be resolved through binding arbitration in Bucks County, Pennsylvania, in accordance with the rules of the American Arbitration Association. Each party shall bear its own costs and attorneys' fees.

12. Modifications

These terms may be updated prior to the protocol launch. After the authority burn, the protocol itself cannot be modified, but these website terms may be revised to reflect changes in applicable law or to clarify existing provisions. Continued interaction with the protocol after any revision constitutes acceptance of the revised terms.

13. Severability

If any provision of these terms is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.

Cryptoes LLC · Pennsylvania, USA · Last updated: March 2026. These terms are provided for informational purposes and have not been reviewed by regulatory counsel. Participants are encouraged to seek independent legal advice.