Risk Disclosure
This Risk Disclosure outlines the potential risks associated with using the OnsFinance platform, participating in presales, trading tGOLD, staking ONSFI, and other related activities.
1. Introduction
Participation in decentralized finance (“DeFi”) protocols, including OnsFinance, involves significant risk. This Risk Disclosure does not cover all possible risks but highlights the most common and material risks that may affect users. By using OnsFinance, you acknowledge and accept these risks in full.
2. Market Risks
Price Volatility: Digital assets such as ONSFI and tGOLD are highly volatile. Prices may fluctuate dramatically within short time periods.
Liquidity Risk: There is no guarantee of sufficient market liquidity to buy or sell tokens at desired prices.
Valuation Risk: Token prices are determined by open markets and may not reflect intrinsic value or backing.
Presale Risk: Participation in token presales carries no guarantee of future exchange listing, liquidity, or profitability.
3. Technical Risks
Smart Contract Vulnerabilities: Despite audits and best practices, smart contracts may contain bugs, errors, or vulnerabilities that could lead to partial or total loss of funds.
Blockchain Network Risks: The BNB Smart Chain may experience congestion, downtime, or reorganization events, delaying or invalidating transactions.
Integration Risks: Wallet providers, oracles, and third-party services integrated into OnsFinance may fail, malfunction, or be exploited.
Gas Fee Risks: Transactions require BNB for gas. Network spikes may significantly increase costs.
4. Custody & Security Risks
OnsFinance is non-custodial. Users are solely responsible for safeguarding private keys, wallets, and recovery phrases.
Phishing Risks: Fake websites or malicious dApps may mimic OnsFinance to steal credentials.
User Error: Sending tokens to incorrect addresses, interacting with unofficial contracts, or failing to back up wallets can result in permanent fund loss.
Scam Tokens: Users may see unauthorized or scam tokens appear in their wallets. Interacting with them can compromise security.
5. Regulatory Risks
Laws governing digital assets are rapidly evolving. Regulatory changes may impact the availability, legality, or tax treatment of ONSFI, tGOLD, or related services.
OnsFinance does not provide legal or tax advice. Users are responsible for compliance in their jurisdictions.
Certain jurisdictions prohibit participation in presales or DeFi protocols. Users must verify eligibility before using the platform.
6. Staking & Referral Risks
Staking Rewards: Rates are not guaranteed and may fluctuate. Reward distribution may be delayed or impacted by network conditions.
Lock Periods: If lock mechanisms apply, users may be unable to withdraw tokens until the end of the staking period.
Referral Rewards: Referral earnings are based solely on actual purchases tracked by smart contracts. They are not guaranteed or fixed. Abuse of the referral system may lead to disqualification.
7. Operational Risks
Third-Party Providers: OnsFinance relies on external services such as wallets, blockchain explorers, and fiat on-ramps. Failures in these services are outside OnsFinance’s control.
Technology Failures: Hardware, software, or internet issues on the user’s side may disrupt transactions.
Project Evolution: Features, smart contracts, or tokenomics may evolve over time. Participation today may differ from future platform operations.
8. Limitation of Liability
OnsFinance, its team, affiliates, and partners disclaim liability for any losses arising from:
Market volatility
Smart contract bugs or exploits
Regulatory changes
User mistakes
Third-party failures
Users engage with OnsFinance entirely at their own risk.
9. Acknowledgment
By accessing OnsFinance, participating in the ONSFI presale, trading tGOLD, staking tokens, or using referral programs, you:
Acknowledge that digital asset investment carries a risk of total loss.
Accept full responsibility for all transactions and outcomes.
Agree that OnsFinance bears no liability for any financial or technical losses.
10. Contact
For further information, visit the official website: https://onsfinance.io.
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