LEGAL DISCLAIMERS

SOLOMON Token Legal Disclaimer & Risk Disclosure

Important information about risks associated with SOLOMON Tokens

General Disclaimer

The information contained in this and linked docs is provided for general informational purposes only. Nothing here or mentioned constitutes financial advice, purchase advice, legal advice, or a recommendation to purchase, sell, or hold any digital asset. Users should conduct their own independent research and consult professional advisors before making any financial or purchase decisions.

SOLOMON Tokens are digital tokens designed to represent the value of more regulated tokens that have either a regulated ETF, other gold-backed stocks, or physical gold held in secure vault facilities. Ownership of SOLOMON Tokens does not constitute ownership of shares in the issuing company, nor does it grant any equity, voting rights, or ownership interest in any corporate entity.

The issuer makes no guarantees regarding future market performance, liquidity, or price stability of SOLOMON Tokens.

Redeemability of SOLOMON for other tokens is fulfilled through the automated market makers, not Tetra Grids.

Gold Backing Disclosure

Each SOLOMON Token is designed to represent an amount of other gold-backed tokens centering around 1/60th of a Talent of gold per SOLOMON.

Gold prices fluctuate due to global market conditions, and the value of SOLOMON Tokens may change accordingly.

Digital Asset Risk

Digital assets involve a high degree of risk. Users should carefully consider the risks associated with blockchain-based tokens before acquiring SOLOMON Tokens.

Risks include, but are not limited to:

The issuer does not guarantee uninterrupted operation of blockchain networks, exchanges, or digital wallets used in connection with SOLOMON Tokens.

Cryptocurrency Market Volatility

The market value of SOLOMON Tokens may fluctuate significantly over short periods of time. SOLOMON Tokens represent digital units whose value is linked to the market value of physical gold. While gold has historically served as a store of value, the price of gold may fluctuate due to global economic conditions, interest rates, currency movements, geopolitical developments, and market demand. As a result, the value of SOLOMON Tokens may rise or fall in line with the underlying gold price, and token holders may experience gains or losses.

Although SOLOMON Tokens are linked to the value of physical gold, their market price on digital asset exchanges may differ from the underlying gold value due to supply and demand dynamics, liquidity conditions, and trading activity.

Users should be aware that digital asset markets are highly volatile and speculative.

Exchange Risk

SOLOMON Tokens may be traded on third-party digital asset exchanges. The issuer does not operate, control, or guarantee the operations of any exchange platform.

Trading on digital asset exchanges involves risks including:

Users assume full responsibility for selecting and interacting with any exchange platform.

Smart Contract Risk

SOLOMON Tokens are issued using blockchain-based smart contracts. While security measures and audits may be implemented, smart contracts are subject to potential coding vulnerabilities, software bugs, or exploits.

Such vulnerabilities could result in loss of tokens, unintended transfers, or disruptions to token functionality.

Users acknowledge and accept these risks when interacting with blockchain technology.

Custody Risk

The physical gold supporting SOLOMON Tokens is stored with professional vault and custody providers. However, custody arrangements may be exposed to risks including:

In addition, token holders managing their own digital wallets must safeguard private keys; loss or compromise of private keys may result in permanent loss of access to SOLOMON Tokens.

While safeguards and insurance may be in place, no custody system is completely risk-free.

Regulatory Risk

Digital asset regulations continue to evolve globally. Changes in laws or regulatory policies may impact the issuance, trading, custody, or redemption of SOLOMON Tokens.

Regulatory actions in certain jurisdictions may restrict or prohibit the use, ownership, or transfer of digital assets. The issuer does not guarantee that SOLOMON Tokens will remain available in all jurisdictions.

Users are responsible for ensuring compliance with the laws and regulations applicable in their jurisdiction.

No Guarantee of Liquidity

The issuer does not guarantee that a secondary market for SOLOMON Tokens will exist or continue to exist. The availability of buyers or sellers on exchanges may vary, and users may not be able to sell their tokens at desired prices or timeframes.

We encourage you to inspect the state of the locked pools before purchasing SOLOMON.

Redemption Disclaimer

Redemption of SOLOMON Tokens for physical gold is via the underlying assets (like PAXG, XAUT) and may be subject to:

Redemption processes may change at the discretion of the third party issuers or due to regulatory or operational requirements.

Jurisdictional Restrictions

SOLOMON Tokens are not offered to individuals or entities located in jurisdictions where the purchase, holding, or trading of digital assets is prohibited or restricted by law.

Users are solely responsible for ensuring that their acquisition or use of SOLOMON Tokens complies with applicable laws in their jurisdiction.

Counterparty Risk

The SOLOMON ecosystem may involve multiple third-party service providers, including custodians, vault operators, digital liquidity pools, auditors, exchanges, liquidity providers, and technology partners, and all underlying assets. Failure, insolvency, or operational disruptions involving any such counterparties may impact the functionality, liquidity, or settlement of SOLOMON Tokens.

Force Majeure and Market Disruption Risk

Extraordinary events such as geopolitical conflicts, financial market disruptions, government interventions, or force majeure circumstances may affect gold markets, custody arrangements, trading infrastructure, or blockchain networks. Such events may temporarily or permanently impact the issuance, redemption, or trading of SOLOMON Tokens through various partners.

Limitation of Liability

To the fullest extent permitted by law, the issuer, its affiliates, partners, and service providers shall not be liable for any direct, indirect, incidental, consequential, or special damages arising from the use of SOLOMON Tokens or reliance on information provided on this website.