Terms of Use

1. About these terms

These Terms of Use apply to onchainbaskt.com, its subpages, the app at app.onchainbaskt.com and the Genesis campaign site at genesis.onchainbaskt.com (together, the "Site"), operated by the BASKT project ("BASKT", "we", "us"). By using the Site you accept them. If you do not accept them, do not use the Site. We will update these Terms to name the legal entity that operates the Site once it is formed.

2. What the Site is

The Site gives information about the BASKT protocol, a set of smart contracts for baskets of tokens on Robinhood Chain. It is not an offer to sell anything, not a solicitation, and not financial, legal or tax advice. Nothing on the Site is a recommendation to buy or sell any token.

3. The protocol is non-custodial software

The protocol runs on a public blockchain. We never hold your assets or your keys. When you interact with the contracts you do it from your own wallet, at your own decision and risk, and transactions cannot be reversed. You are responsible for your wallet, your keys and every transaction you sign.

4. Eligibility

You must be at least 18 years old and legally able to accept these Terms. The Site and the protocol are not intended for people in jurisdictions where using them is restricted or prohibited. You are responsible for complying with the laws that apply to you, including tax laws.

5. Risks

Baskets hold volatile tokens and can lose all of their value. Read the Risk Disclosure before using the protocol.

6. Tokenized stocks

A basket may hold tokenized stocks issued by Robinhood. We do not issue, tokenize, custody, redeem or underwrite them, we are not affiliated with or endorsed by their issuer, and we have no agreement with the issuer of any kind. The protocol treats them as what they are on chain: ERC-20 tokens with a pool.

A tokenized stock is a token, not a share. Holding one, directly or through a basket, gives you no shareholding, no voting rights, no dividend entitlement from us and no claim against the issuer, the referenced company or any exchange through us. Whatever rights the token carries are defined by its issuer, in the issuer's own terms, and you should read them.

The issuer keeps control of its own token. Robinhood retains administrative powers over the tokens it issues, which on the contracts we have examined include pausing transfers, blocking addresses, and minting and burning supply. If the issuer pauses a token or blocks an address, transactions that involve that token can fail, including buying or selling a basket that holds it. We cannot prevent, reverse or work around any of that, and it is not a pause by us. Our own commitment is unchanged and stated elsewhere on this Site: we do not pause withdrawals, and withdrawing the underlying tokens of a basket does not depend on us.

The price the protocol uses is the token's pool price, read from a decentralized exchange on chain, not the price of the underlying stock on any exchange. The two can differ, sometimes materially, and the pool can trade at any hour while the referenced market is closed.

How a stock gets listed. There is no on-chain registry of Robinhood's tokenized assets that a contract can query, so eligibility is not automatic for this class. Each token is listed individually by governance, with a written reason recorded on chain, and only if its pool meets a minimum liquidity threshold measured at the time of listing. That threshold is not re-measured afterwards and liquidity can fall. Listing an asset is not a recommendation, an endorsement, or any statement about it.

Availability is not eligibility. That a token can be traded through the protocol says nothing about whether you may lawfully acquire or hold it where you live. Restrictions on tokenized securities vary by jurisdiction and are yours to comply with, as set out in section 4.

7. No warranties

The Site and the protocol are provided "as is" and "as available", without warranties of any kind, express or implied, including merchantability, fitness for a particular purpose and non-infringement. We do not warrant that the Site or the contracts are free of errors, bugs or interruptions, or that any information on the Site is complete or current.

8. Limitation of liability

To the maximum extent permitted by law, BASKT and its contributors are not liable for any indirect, incidental, special, consequential or punitive damages, or for any loss of profits, tokens, data or goodwill, arising from your use of the Site or the protocol, including losses caused by market movements, smart-contract bugs, third-party pools or oracles, or your own mistakes.

9. Your conduct

Do not use the Site to break any law, to attack or disrupt the Site or the protocol, or to impersonate BASKT. Baskets are created by independent curators; we do not endorse any basket, curator or token.

10. Tips to curators

The interface can help you send a tip in ETH directly from your wallet to the wallet address of a curator. A tip is a voluntary gift. It is not a payment for a service, not an investment, and it buys nothing: no shares of any basket, no fee discount, no priority, no influence over a basket and no promise of any return. BASKT never receives, holds or routes the funds and takes no fee from a tip. The interface only prepares the transaction; you sign it and send it yourself, the transfer happens on the blockchain between the two wallets, and it is final and cannot be reversed or refunded by us or by anyone else. Always check the recipient address shown before you sign: we cannot recover funds sent to a wrong or unreachable address. Any tax or reporting obligation arising from sending or receiving a tip is yours, not ours.

You can attach an optional short message to a tip. The message is not part of the transaction and is not written to the blockchain. BASKT stores it together with the transaction hash, your wallet address, the recipient's address and the amount, and shows it only to the recipient. Sending a message does not oblige the recipient to read it or to reply, and it buys nothing more than the tip does. You or the recipient can delete the text at any time. Deleting a message does not undo or refund the tip, and if a message cannot be saved after the tip was sent, the tip is still final. A recipient can stop receiving messages from a wallet, and we may remove messages that are abusive, unlawful or spam. Do not put personal or sensitive information in a message, and do not use messages to harass, threaten, deceive or advertise. A tip sent without a message leaves no record with us.

11. Third parties

The Site uses or links to services we do not control, such as X, Telegram, Google Forms, Pons, block explorers, Cloudflare for hosting the Site and the Turnstile anti-bot check, Vercel for hosting the app, Alchemy and the chain's public endpoint for reading Robinhood Chain, Supabase for the campaign database and for the profiles and tip messages of the interface, Pinata for the profile images you upload, and WalletConnect, operated by Reown, and Coinbase, which relay your wallet connection. Their own terms and policies apply.

12. Intellectual property

The BASKT name, logo and Site design belong to BASKT. The protocol's core contracts are licensed under the Business Source License 1.1, which converts to the GNU General Public License v2.0 or later on October 1, 2028. Their interfaces, and the shared types and errors those interfaces use, are licensed under MIT, and one library derived from Uniswap keeps its GPL-2.0-or-later license. Each contract file states its own license. Everything else, including the web interface, the indexer, the tools, this Site and its documentation, is not licensed to you, and all rights in it are reserved. The Geist fonts are licensed under the SIL Open Font License.

13. Changes

We may change the Site, the information on it and these Terms at any time. The date at the top shows the latest version.

14. Contact

contact@onchainbaskt.com