RISK POLICY
Welcome to HOBIC. This Risk Policy outlines the potential risks associated with participating in the HOBIC ecosystem, including token purchases, staking, and trading activities. By engaging with HOBIC, you acknowledge and accept these risks.
1. General Risk Disclaimer
- Cryptocurrencies, including HOBIC, are highly volatile and may experience rapid price fluctuations.
- Your participation in HOBIC is at your own risk, and there are no guarantees of returns or profits.
- HOBIC should be considered a speculative investment, and you should only invest what you can afford to lose.
2. Market Risks
- The value of HOBIC tokens is determined by market demand and supply, which can change unpredictably.
- External factors such as government regulations, global market conditions, and technological advancements may impact token value.
- Liquidity risks may arise if there is insufficient market demand for HOBIC tokens.
3. Security Risks
- Cryptocurrency transactions are irreversible. If you send tokens to the wrong address, they cannot be recovered.
- HOBIC is not responsible for security breaches, phishing attacks, or personal wallet mismanagement.
- You are responsible for safeguarding your wallet private keys and seed phrases.
4. Regulatory Risks
- Laws and regulations regarding cryptocurrencies differ across jurisdictions and may change over time.
- HOBIC does not guarantee compliance with any specific country’s legal framework.
- Participants should conduct their own due diligence regarding the legal implications of holding HOBIC.
5. Smart Contract Risks
- HOBIC operates on BSC blockchain, which is dependent on its underlying technology and network stability.
- While HOBIC undergoes security audits, smart contracts are subject to potential vulnerabilities and attacks.
- Users acknowledge that no smart contract is 100% secure, and exploits may occur.
6. Liquidity & Trading Risks
- HOBIC token liquidity may be limited in early stages, which may lead to price volatility.
- Sudden price swings may result in losses for traders and investors.
- Delays in exchange listings or market developments may impact liquidity.
7. Staking Risks
- Staking HOBIC tokens involves locking them for a fixed period, which may limit liquidity.
- The APY rewards are subject to change based on market conditions and ecosystem sustainability.
- Premature unstaking, if applicable, may result in penalties or loss of rewards.
8. Force Majeure
- HOBIC is not responsible for events beyond its control, including but not limited to network failures, hacks, legal actions, or unforeseen technical issues.
- In cases of extreme circumstances, services may be temporarily or permanently disrupted.
9. No Financial Advice
- HOBIC does not provide financial, tax, or investment advice.
- Users should consult professional advisors before making any investment decisions.
- Participation in HOBIC does not imply any legal or financial obligation from the project team.
By participating in the HOBIC ecosystem, you acknowledge and accept the risks outlined in this document.
Stay informed and invest responsibly!
