Terms of service

1. Agreement

These terms are an agreement between you and Pear Launch ("Pear Launch", "we", "us"). They cover your use of pearlaunch.com and its related pages and services (the "Site"). By using the Site, connecting a wallet to it, or sending a transaction through it, you agree to these terms. If you don't agree, don't use the Site.

2. Eligibility

You may use the Site only if all of the following are true:

• You are at least 18 years old and able to enter a binding contract.
• You are not a person or entity named on a sanctions list maintained by the United States (including the OFAC Specially Designated Nationals list), the United Nations, the European Union or the United Kingdom.
• You are not located in, organized in, or ordinarily resident in a country or region subject to comprehensive U.S. sanctions.
• Using the Site, and holding or trading the assets involved, is legal where you are.

You are responsible for knowing and following the laws that apply to you. Some pair assets, including stock tokens, are not available to people in certain countries, and their issuers may restrict who can hold them.

3. What the Site is

The Site is a website that helps you interact with public blockchains. It lets you create tokens ("coins") and trade them through smart contracts: our launchpad contract on Robinhood Chain, and Raydium LaunchLab on Solana. After a coin's bonding curve sells out, trading moves to a public pool on Uniswap V2 or Raydium.

• Non-custodial. We never hold your funds, tokens or private keys. Transactions are created by the Site and signed by you in your own wallet. Only you control your wallet.
• Transactions are final. Blockchain transactions can't be reversed, cancelled or refunded by us once they are confirmed.
• We are not your broker. We are not a broker, dealer, exchange, investment adviser, custodian or fiduciary. We don't match orders, set prices or execute trades for you. Prices are set by the smart contracts and by other users.
• Other ways in. The smart contracts are public and can be used without the Site. These terms cover the Site, not the blockchains themselves.

4. Coins are created by users

Anyone can launch a coin. We don't create, review, endorse or vouch for any coin, its creator, or anything its creator says. A coin appearing on the Site, or trending, graduating or ranking there, is not a recommendation.

A coin paired with a stock is not that stock. A coin's pair asset is only what it trades against: buyers pay with it and sellers receive it. A coin paired with NVDA, for example, gives no ownership of NVIDIA, no claim on the company, and does not track its price. Stock tokens and other pair assets are issued by third parties who keep powers over them, such as pausing transfers. Each pair shows its issuer's powers before you trade, and they're explained in the docs.

5. Fees

• Trades on a bonding curve pay a 1% fee: 30% of it goes to the coin's creator and 70% to Pear Launch. On Solana, Raydium also charges its own protocol fee on curve trades.
• After graduation, the pool's own fees apply: 0.3% on Uniswap V2. On Raydium, 0.25%, plus a 1% pool-creator fee that goes to the coin's creator. We may change who receives this fee for coins that graduate in the future.
• Every transaction also pays a network fee to the blockchain, not to us.
• Fees for new launches may change. On Robinhood Chain, a coin keeps the fees it launched with. The current fees are shown before you sign and listed in the docs.

6. Creating a coin

If you launch a coin, you are its creator, and you are responsible for it and for everything you publish about it: its name, ticker, image, description and links. You confirm that you have the rights to that content and that it doesn't infringe anyone else's rights. You give us a worldwide, royalty-free license to store, display and distribute that content in order to run and promote the Site.

As a creator you must not:

• impersonate a person, company or brand, or suggest a coin is official, endorsed or issued by a company it is not;
• promise returns, profits, dividends or any other benefit to holders;
• make false or misleading claims about a coin, yourself, or a pair asset;
• present a coin as a share, security or investment in any company.

Creator rewards are paid from curve trading fees and can be claimed at any time. You are responsible for any taxes on them.

7. Prohibited conduct

You agree not to use the Site to:

• break any law, or evade sanctions or anti-money-laundering rules;
• defraud others, including through "rug pulls", pump-and-dump schemes or fake giveaways;
• manipulate markets, including wash trading, spoofing, or coordinated schemes to move prices;
• post content that is illegal, sexually explicit, violent, hateful or harassing, or that exploits minors;
• infringe intellectual property or privacy rights;
• attack, overload or interfere with the Site, including with malware, automated abuse, or attempts to get around rate limits or moderation;
• access parts of the Site you aren't authorized to use.

8. Moderation

We may hide any coin, image or comment from the Site, or restrict any user or wallet from using the Site's features, at any time and for any reason, including reports from other users. Hiding a coin from the Site doesn't affect it on the blockchain: holders keep their tokens and can still trade them elsewhere. Moderation is not a judgement that any coin that remains is safe or legitimate.

9. Risks

Using the Site involves serious risks. Read the risks page before trading. In short:

• most coins lose all or nearly all of their value;
• prices can move sharply in seconds;
• smart contracts, blockchains, wallets and pair assets can fail, be exploited, be paused or be changed by their issuers;
• you can lose everything you put in.

You accept these risks. Only use what you can afford to lose entirely.

10. Our controls over the smart contracts

Pear Launch holds limited administrative controls over its launchpad contract and Solana platform settings. They are described in safety and moderation. They include:

• pausing new launches and buys on Robinhood Chain. Selling is never paused.
• choosing which assets new coins can pair with;
• setting fees for new launches.

We will use these controls as we see fit to operate and protect the platform. They do not let us move your tokens or funds.

11. Third-party services

The Site depends on services we don't control. These include:

• blockchains and their validators and sequencers;
• your wallet provider, and WalletConnect;
• Uniswap and Raydium;
• issuers of pair assets;
• data and price providers;
• hosting.

Your use of them is governed by their own terms. We aren't responsible for their actions, failures or content.

12. No advice

Nothing on the Site is financial, investment, legal or tax advice, or an offer or solicitation to buy or sell anything. You make your own decisions, and you should consult your own advisers.

13. Taxes

You are solely responsible for working out, reporting and paying any taxes that apply to your transactions and creator rewards.

14. Privacy

We collect as little as we can to run the Site:

• From the blockchains: wallet addresses and transactions, which are public on-chain anyway.
• What you post: comments, reports, and the content of coins you launch.
• Technical data: things like IP addresses and request logs, used for security and rate limiting.

We don't sell personal information. On-chain data can't be deleted by anyone, including us.

15. Our intellectual property

The Site, its design and the Pear Launch name and logo belong to us. You may not copy or use them to suggest an affiliation with us without our permission. Content posted by users belongs to them.

16. Disclaimers, limitation of liability and indemnity

The Site is provided "as is" and "as available", without warranties of any kind, express or implied. This includes warranties of merchantability, fitness for a particular purpose, title and non-infringement. We don't promise that the Site will be available, accurate, secure or error-free, or that information shown on it (including prices, balances, estimates and charts) is correct or current.

To the maximum extent the law allows:

• we won't be liable for any indirect, incidental, special, consequential or punitive damages, or for any loss of profits, tokens, funds, data or goodwill arising from the Site or these terms;
• our total liability for all claims is limited to the greater of US$100 and the fees you paid to Pear Launch in the 12 months before the claim.

You agree to indemnify and hold harmless Pear Launch and the people who operate it from claims, losses and costs (including reasonable legal fees) that arise from your use of the Site, your content or coins, or your breach of these terms or the law.

17. Disputes, arbitration and class action waiver

Governing law. These terms are governed by the laws of the State of Florida and applicable U.S. federal law, without regard to conflict-of-law rules.

Talk to us first. Before starting a formal dispute, email legal@pearlaunch.com describing it. Both sides will try in good faith to resolve it within 60 days.

Binding arbitration. If it isn't resolved, any dispute arising from the Site or these terms will be settled by binding individual arbitration, not in court. The arbitration is run by the American Arbitration Association under its Consumer Arbitration Rules, before a single arbitrator, and held in Florida or online. Either side may instead bring an individual claim in small-claims court, and either side may seek court relief to stop infringement of intellectual property.

No class actions. You and we may bring claims only individually, not as a plaintiff or class member in any class, collective or representative proceeding. There are no jury trials.

Opting out. You can opt out of arbitration and the class action waiver within 30 days of first using the Site. To do so, email legal@pearlaunch.com with your name, your wallet address, and a statement that you opt out. If you opt out, or arbitration is found not to apply, disputes will be heard only in the state or federal courts located in Florida, and both sides consent to their jurisdiction.

18. Changes and termination

We may change these terms by posting a new version here with a new effective date. Continuing to use the Site after that means you accept the changes. We may change, suspend or stop the Site, or your access to it, at any time.

19. General

If any part of these terms is found unenforceable, the rest still applies. If we don't enforce a right, we haven't waived it. You may not transfer these terms. We may transfer them, for example to a company that takes over the Site. These terms, with the pages they link to, are the entire agreement between you and us about the Site.

Questions and legal notices: legal@pearlaunch.com. Security issues: security@pearlaunch.com.