> For the complete documentation index, see [llms.txt](https://degen-games-2.gitbook.io/degen-games-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://degen-games-2.gitbook.io/degen-games-docs/safety/risk-disclosures.md).

# Risk Disclosures

Read this before you play.

Coins launched on Degen Games are created by users and are experimental. Hype the game, never the gains.

* **You can lose everything.** Newly launched tokens are extremely volatile. Most never graduate, and many go to zero.
* **Anyone can launch anything.** Any name, ticker and image can be used, including ones that imitate other projects. Degen Games doesn't verify or endorse coins.
* **Check the contract address.** It's the only thing that can't be copied.
* **Check the creator tax.** Creators can add up to 10% per trade. It's shown before you trade.
* **Graduation isn't a quality signal.** It only means the curve sold out. It doesn't guarantee liquidity, price or an exit.
* **King of the Hill, High Scores and the Trophy Room are games.** They rank activity and market cap. They aren't recommendations.
* **Raise assets carry their own risk.** A coin raised in USDG or a tokenized stock rises and falls with that asset too. Tokenized stocks have their own eligibility rules.
* **Holder rewards aren't yield.** They depend entirely on trading volume and can be zero.
* **$MANYU burns don't guarantee a price.** A burn reduces supply. That's all it does.
* **Displayed numbers are estimates.** Quotes, market caps and USD values can differ from what a transaction settles at.
* **Software can fail.** Smart contracts, wallets, RPCs, bridges, indexers and front-ends can have bugs or outages.
* **Transactions are final.** On-chain transactions can't be reversed. Tokens sent to the wrong address are gone.
* **Rules differ by country.** You're responsible for complying with the laws that apply to you.

{% hint style="danger" %}
Degen Games is an interface to smart contracts. It's provided as is, without warranties. Nothing in these docs or on the platform is financial, investment, legal or tax advice. Only play with money you can afford to lose.
{% endhint %}


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