Fulcrom Finance
  • About Fulcrom
    • Fulcrom Finance
    • What is perpetual trading
    • Spread
    • Slippage
    • Fees
    • Revenue Share
    • Liquidation
    • Tokenomics
    • Roadmap
  • Core Modules
    • Trading Module
      • Trading Module Features
      • Trade Lifecycle
      • Price Oracle and Spread Mechanism
    • Fulcrom Liquidity Pool (FLP)
    • Liquidation Engine
    • Staking Module
      • $FLP
      • $FUL
      • $esFUL
      • Boost Points
      • Vesting $esFUL
      • Staking Parameters
  • Other Features
    • Referral Program
      • How to apply referral code?
      • How to generate my referral code?
      • How to claim my rebates?
      • How to check my membership tier and earnings?
      • FAQ
      • Terms of Use
    • Trade Square
    • Circuit Breaker
    • Notifications
      • How to start receiving notifications on Fulcrom?
      • How to start receiving notifications on Telegram?
      • How does the liquidation warning notification work?
    • Take Profit & Stop Loss Orders
      • How to set Take Profit/Stop Loss Orders when creating new positions?
      • How to set Take Profit/Stop Loss Orders after opening positions?
      • How to view the existing Take Profit/Stop Loss Orders?
    • Trading Competition (Cronos)
      • Aug 2023
      • Jun 2023
    • zkMania (zkSync Era)
      • zkMania Season 1
      • zkMania Season 2
    • croMania (Cronos Exclusive)
    • zkEVM Frenzy (Cronos zkEVM)
    • Fulcrom Mayhem
  • Additional
    • Get Started on Cronos zkEVM
      • Bridge Asset via Official Bridge
        • How to deposit CRO for zkCRO
        • How to deposit ETH for vETH
        • How to deposit USDC for vUSD
        • How to deposit USDT for vUSD
        • How to deposit DAI for vUSD
      • Swap via H2 Finance
    • FAQ
    • Team
    • Team Wallets
    • Socials and Partnerships
    • Smart Contracts
    • Supported Tokens
    • Security and Audits
    • RPC
    • Cronos Labs Incubation
    • Risk Disclosures
    • Usage Disclaimer
    • Terms of Use
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  1. Additional

Risk Disclosures

The Fulcrom Finance protocol (“Protocol”) is a set of smart contracts made available by Fulcrom Finance on a voluntary, “as-is” and “as available” basis. It is not a service of any kind and you should not rely on Fulcrom Finance to assist you to evaluate the Protocol, assess its fitness for any purpose or comply with any requirements. You assume all risks arising from interactions with the Protocol including without limitation all applicable legal and regulatory risks in connection with the use and interaction with the Protocol, including with respect to any transactions. Nothing stated relating to the Protocol is a prospectus nor a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. Nothing stated related to the Protocol constitutes a recommendation or advice of any kind. Fulcrom Finance is not liable for any claim, damages or other liability, whether in contract, tort or under any other theory of liability, arising from, out of or in connection with the Protocol.

There are several risks when using the Protocol. These risks include inherent risks associated with the use of a virtual platform, the decentralized nature of the Protocol, and participating in virtual asset transactions. Risks include, without limitation:

  • Partial or total loss of virtual assets, including any value attributed to virtual assets;

  • Collapse in liquidity with respect to virtual assets;

  • Changes in compatibility of a virtual asset with the Protocol;

  • Changes in the smart contracts;

  • Regulatory uncertainty and government action against virtual assets and persons involved in virtual asset activities;

  • Extreme volatility with respect to transaction parameters and value attributed to virtual assets;

  • Possibility of market misconduct by participants including for example market manipulation, trading on the basis of non-public information, and front running;

  • Delays in or complete failure of virtual asset transactions being confirmed;

  • Counterparty risk;

  • Faults, defects, hacks, exploits, errors or unforeseen circumstances occurring in respect of the platform or the technologies that the Protocol depends on;

  • Loss of private keys; and

  • Attacks on the Protocol or the failure of the technologies that the Platform depends on including for example distributed denial of service, sybil attacks, phishing, social engineering, hacking, smurfing, malware, double spending, majority-mining, consensus-based or other mining attacks, misinformation campaigns, forks, and spoofing.

This list of potential risks is not exhaustive and is not intended to capture the extent of all possible risks. In the event of any of the above occurring, you may lose your virtual assets entirely. Participants should consider all of the above and assess the nature of, and their own appetite for relevant risks independently and consult their own professional advisers before making any decisions to participate in the Protocol. PARTICIPANTS USE THE PROTOCOL AT THEIR OWN RISK.

*Native ETH needs to be wrapped into WETH before it can be used on Fulcrom Finance

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Last updated 1 year ago