Risk Disclosure

This Risk Disclosure describes some of the material risks of using DegensQuest and of acquiring, holding, or using QUEST, the platform’s utility token on Base. It is not exhaustive. Crypto-assets and blockchain-based gaming involve significant risk, and you should not participate with funds you cannot afford to lose entirely.

By using the Services, you acknowledge and accept these risks. This document should be read together with our Terms of Service and Privacy Policy.

The value of crypto-assets, including QUEST, can be extremely volatile and may fluctuate substantially over short periods. The price of QUEST may decline significantly or fall to zero. You may lose some or all of the value of any QUEST or other crypto-assets you hold or use in connection with the Services.

Past performance is not indicative of future results, and no aspect of the Services should be relied upon as a source of income or financial return.

QUEST is a utility token intended for use within the platform — for example, to access features, earn and spend in-game rewards, stake, and participate in governance. QUEST is not a security, share, deposit, equity, debt instrument, fund interest, or other regulated financial instrument, and it does not represent any ownership interest, claim, or entitlement to profits, dividends, or distributions from DegensQuest.

You should not acquire QUEST with the expectation of profit or as an investment. Acquiring QUEST for speculative purposes is done entirely at your own risk.

We make no promise or guarantee that QUEST will have or maintain any particular value, that a market or liquidity for QUEST will exist or continue, or that you will be able to sell, exchange, or use QUEST at any time or at a price you find acceptable. Rewards are funded by recycling swap fees through the Uniswap v4 Hook; the size of reward pools depends on real protocol activity and is not fixed or guaranteed.

The Services rely on smart contracts. While DegensQuest follows an audit-first process — including Slither static analysis and fork tests as a deploy gate, and treating the token contract as immutable once shipped — no audit or process can eliminate risk. Smart contracts may contain bugs, vulnerabilities, or unexpected behavior that could result in loss of funds or rewards.

Because the QUEST token and certain parameters (such as the swap-fee hard cap) are immutable, errors or undesired behavior in those components may not be fixable after deployment. Blockchain transactions are irreversible; mistakes, exploits, or losses generally cannot be undone, reversed, or refunded.

Laws and regulations applicable to crypto-assets, blockchain gaming, and token-based rewards are evolving, uncertain, and vary by jurisdiction. Future legal or regulatory changes, interpretations, or enforcement actions could adversely affect DegensQuest, QUEST, the Services, or your ability to access or use them — potentially without notice. You are responsible for understanding and complying with the laws that apply to you, and access may be restricted in certain jurisdictions.

DegensQuest is a competitive gaming platform provided for entertainment. Outcomes depend on skill, timing, and elements of chance, and you may lose any QUEST you stake or wager in games. Reward parameters, game availability, seasons, and reward splits may be added, changed, suspended, or removed at any time, including through on-chain governance. Do not play with value you cannot afford to lose.

The Services depend on third parties and infrastructure we do not control, and disruptions, failures, or changes to any of them could affect availability, security, or your assets, including:

• the Base network and underlying Ethereum infrastructure (downtime, congestion, reorgs, or fee spikes);
• Telegram and other client platforms through which you access the Services;
• wallets, bridges, and exchanges you use to hold, transfer, or trade QUEST;
• decentralized protocols such as the Uniswap v4 Hook and associated liquidity that fund and settle rewards.

Your use of these third parties is governed by their own terms, and we are not responsible for their availability, security, fees, or actions.

DegensQuest is non-custodial with respect to your wallet. You are solely responsible for securing your wallet, private keys, and seed phrases, and for every transaction you sign. We cannot recover lost keys, reverse transactions, or refund assets sent in error, lost to scams, or stolen through phishing or compromised devices. Beware impersonators — we will never DM you a contract address; always verify against the official app and docs.

Nothing on this site or in the Services constitutes financial, investment, legal, accounting, or tax advice, and nothing here is a recommendation, solicitation, or offer to buy, sell, or hold any crypto-asset. Content is provided for general information only.

You should conduct your own research and consult qualified, independent professional advisors before making any decision involving QUEST or the Services. You are solely responsible for your decisions and for any resulting gains or losses.

We may update this Risk Disclosure from time to time. When we do, we will revise the “last updated” date above. Your continued use of the Services after changes take effect constitutes acceptance of the updated disclosure.

Questions about this Risk Disclosure can be sent to legal@degensquest.xyz.