1. Smart Contract Risk
Smart contracts are immutable code. Bugs, exploits, oracle manipulation, or unforeseen behavior may result in partial or total loss of staked tokens. VAYLA contracts are audited but no audit guarantees absence of defects.
2. Creator Performance Risk
Yield depends on the creator earning revenue. A creator may earn nothing in a given period. In that case your stake earns no yield. Your principal is unaffected by creator performance, but you may exit later than planned.
3. Market Risk
The market price of $VAYLA and other tokens fluctuates. The dollar value of your position may decline below your entry price. Past performance does not predict future results.
4. Liquidity Risk
If you opted into a lockup, you cannot exit until the lockup expires unless you list your position on the secondary marketplace. Marketplace liquidity is not guaranteed.
5. Regulatory Risk
Crypto regulation is evolving and varies by jurisdiction. Future regulation may restrict, tax, or prohibit activities you currently engage in via the Services. You are responsible for compliance in your jurisdiction.
6. Tax Responsibility
Earnings from staking may be taxable as ordinary income, capital gains, or another category depending on your jurisdiction. VAYLA does not provide tax advice or 1099 forms. Consult a qualified tax professional.
7. Custody & Key Risk
You are solely responsible for your wallet keys. Loss, theft, or compromise of keys leads to loss of funds. VAYLA cannot recover your keys or funds.
8. Network Risk
Blockchain networks may experience congestion, fork events, or downtime. Transactions may be delayed, fail, or be front run.
9. No Insurance
Funds in vaults are not FDIC insured, SIPC protected, or covered by any government program.
10. Acknowledgment
By using the Services, you acknowledge you have read and understood these risks and accept full responsibility for any losses.