Risk

Regulatory and token risk

Legal uncertainty around structured notes and the BERRIER token.

Jurisdictions

The interface is not offered to US persons or where Stock Tokens are unavailable.

Characterisation

Regulators may treat notes or legs as securities or derivatives. That could restrict access.

Changes

Rules may change after launch and the interface may be restricted in response.

BERRIER token

BERRIER carries no rights to profits, governance aside from veBERRIER voting, or claims on escrow. Its price can go to zero.

Tax

Coupons, deliveries and redemptions may be taxable events. Seek local advice.

Stock Tokens are not offered to US persons. A barrier note can lose value: if the final close sits below the barrier, CARRY holders are paid in stock valued at S0, which can be worth less than what they put in. Nothing on this site is investment advice.

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