RISK DISCLOSURE

Perpetual Competition Risk Disclosure

Please read this entire page carefully before participating in Perpetual competitions.

By participating in Perpetual competitions, locking tokens, or engaging with the badge system, you acknowledge that you have read, understood, and accept all risks and disclaimers outlined below.

1. Token Locking Is NOT an Investment

You lock tokens ONLY to verify eligibility for competitions.

Perpetual Does NOT Provide:
  • • Compensation or rewards for locking tokens
  • • Interest, yield, APR, or APY
  • • Staking or passive income opportunities
  • • Financial returns or guarantees
  • • Investment advice or financial planning

Token locking is a non-financial commitment verification mechanism designed solely to grant access to skill-based competitions. It is NOT an investment product, financial service, or income-generating activity.

2. No Guarantee of Reward

Rewards depend solely on competitive performance.

Critical Understanding
  • • Locking PERP does NOT guarantee any reward
  • • Holding PERP does NOT guarantee any reward
  • • Only top 3 performers per tier win prizes each month
  • • Prizes are based on skill and leaderboard position only
  • • Token holdings do NOT influence prize distribution

Most participants will NOT win prizes. Prizes are awarded exclusively to top performers.

3. User Maintains Control

Locked tokens remain in your custody at all times.

Your Control & Custody:
  • • Tokens remain in a non-custodial smart contract YOU own
  • • Perpetual NEVER holds, accesses, or controls your tokens
  • • You maintain full ownership and private key control
  • • Time-lock contracts are user-initiated and user-managed
  • • Perpetual only verifies that a lock exists for badge access

Important: While you maintain custody, locked tokens cannot be moved or sold until the time-lock period expires. This is a feature of the smart contract you control, not a restriction imposed by Perpetual.

4. Not Staking / Not Yield Farming

Token locking is NOT staking, yield farming, or DeFi.

What This Is NOT:
  • NOT staking: No rewards for locking
  • NOT yield farming: No passive income
  • NOT DeFi protocol: No liquidity pools or farming
  • NOT deposit program: No interest or returns
  • NOT investment vehicle: No APR/APY or guarantees

This is a commitment verification system for competitive eligibility. No APR. No APY. No interest. No passive return.

5. No User-Funded Pools

Prize pools are sponsor-funded only.

Prize Pool Funding:
  • • All prizes come from third-party sponsors
  • • Users NEVER fund prize pools
  • • Locked tokens DO NOT go into prize pools
  • • Badge holders CANNOT contribute to their own tier's pool
  • • Prize distribution is NOT based on user deposits

This structure ensures competitions remain skill-based and regulatory-compliant. User funds are never pooled or redistributed.

6. Regulatory Alignment

This system is designed to function as:

What This System IS:
  • • A competition access system
  • • A commitment-verification method
  • • A skill-based reward competition
  • • A sponsor-funded prize system
What This System is NOT:
  • • An investment program
  • • A staking service
  • • A lottery, sweepstakes, or gambling activity
  • • A pool-based reward program
  • • A securities offering

7. Third-Party Systems

Perpetual is NOT affiliated with Streamflow or any third-party lock/staking service.

Important Disclaimer

Any external reward features (e.g., from Streamflow or other time-lock services) are outside Perpetual's control and unrelated to competition eligibility.

We do NOT promote, endorse, or benefit from third-party staking/lock rewards. These features (if they exist) are provided by separate entities and are not part of Perpetual's competition system.

Your Responsibility: Research any third-party services independently. Perpetual is not responsible for third-party terms, security, or functionality.

8. General Cryptocurrency Risks

By participating, you acknowledge these risks:

Total Loss of Capital

Cryptocurrency prices can drop to zero. You may lose 100% of your token value. Locked tokens are subject to market volatility.

Extreme Volatility

Token prices can change dramatically. Rapid swings of 50%+ in a day are common. Past performance does not predict future results.

Liquidity Risk

Locked tokens cannot be sold until the time-lock expires. You may not be able to exit positions when desired.

Smart Contract Risk

Time-lock contracts may contain bugs or vulnerabilities. Blockchain networks can experience downtime or failures.

Regulatory Risk

Cryptocurrency regulations are evolving. Future regulatory changes may impact token utility, value, or legality.

9. No Financial Advice

Participation is voluntary and NOT financial advice.

Perpetual Does NOT Provide:
  • • Financial, investment, tax, or legal advice
  • • Promises of return or profitability
  • • Investment guarantees or assurances
  • • Recommendations to buy, hold, or sell tokens
  • • Financial planning or portfolio advice

Your Responsibility: Consult qualified financial, tax, and legal advisors before participating. You are solely responsible for your financial decisions.

If you cannot afford to lose your entire investment, DO NOT PARTICIPATE.

Final Acknowledgment

By participating in Perpetual competitions, you acknowledge that your participation is based on gameplay, performance, and community involvement — not financial expectation.

This is competitive gaming, NOT an investment program.