Risk Disclaimer
The specific ways you can lose money here. Read this one properly.
Early termination: the exact terms
You can close a vault before its target at any time. The penalty slides with progress toward your target: 30% of the position at 0% progress, decreasing linearly to 5% as you approach the target.
Whenever a vault closes — sealed at target or terminated early, at any progress — the MV-Shares minted against it are burned. Dividends already earned stay claimable; only the claim on future distributions ends with the position. An early termination also pays the same 20% performance fee a seal pays on any realised gain.
Termination is a two-step action with a 10-minute delay between request and settlement. This is an anti-manipulation measure, not a withdrawal restriction.
These terms are enforced by the vault contract, not by policy — the same numbers are shown in the mint confirmation before you sign.
The most common outcome: your target never hits
At high targets, never reaching the target is the MODAL outcome, not the edge case. Be clear about what that means: your asset sits in the vault indefinitely. It earns no MOONX emissions (those go only to MOONX stakers), and the USDC dividend on its MV-Shares pays only when OTHER vaults realise profit, which in a prolonged drawdown can be little or nothing.
A vault is a commitment device, not a guarantee that your target is reachable. Pick targets you would defend to a sober version of yourself.
You can lose everything
Only commit what you can afford to lose entirely. Not "would rather not lose" — can afford to lose, completely, with no effect on your life.
Vault risk
A vault sells when it hits your target. If the target is never reached, the vault stays open and your tokens stay locked in it.
Terminating a vault early costs a penalty, on a sliding scale.
The token you vault can fall in value while the vault is open. Reaching a percentage target is meaningless if the token collapsed first.
Staking and emission risk
APR is not a promise. It is a fixed annual emission budget divided by however many tokens are staked. If more people stake, your rate falls. That is the design, and it is the reason the programme can be funded at all.
Emissions decay every year by schedule. The rate you see today will be lower next year.
LP staking carries impermanent loss. If MOONX moves sharply against its pair, you can end up worse off than if you had simply held.
Unstaking LP requires a 48-hour cooldown during which the position earns nothing and cannot be withdrawn early. LP positions carry no exit penalty.
Single-sided MOONX staking has a 20% early-exit penalty. If you unstake before your chosen lock ends, one fifth of your principal is burned — permanently destroyed, not returned and not paid to anyone. A 1-month lock carries the same 20% as a 36-month one. Do not lock tokens you may need back.
Token risk
$MOONX liquidity is thin. Large sells move the price hard, and there may be no buyer at the price you want.
The buy-and-burn is funded by protocol revenue. If revenue falls, the burn falls with it.
Tokens launched by other people through MoonShot are not vetted by us. Most new tokens go to zero.
Referral risk
Referral commission depends on what the people you refer actually do. Referring people who never mint or trade pays nothing.
Rewards vest over 90 days after you claim them. Their value can fall during that period.
Commission can be suspended where we detect wash-farming.
Technical risk
Smart contracts can contain bugs, including in code that has been audited.
The keeper that seals vaults at target depends on infrastructure that can fail or be delayed. A vault may not seal at the exact moment its target is reached.
Blockchain networks can congest, fork, or halt. Transactions can fail while still costing gas.
Front-running and sandwich attacks exist on public networks. Our MEV protections reduce exposure; they do not eliminate it.
Operator risk
Administrators can throttle emissions, trigger buybacks from the reserve, and suspend referral commission. These powers are documented, but they are real, and they are exercised by people.
Treasury and reserve funds move under rules set at deployment. They are not frozen, and we do not claim they are.
Regulatory risk
The rules governing tokens and DeFi are unsettled and change. A change could restrict or end your ability to use this interface.
No advice
Nothing here is financial, legal or tax advice. If you need advice, get it from someone qualified and independent who is accountable to you.