Legal

Terms and risks

Status

Vellum is in pre-launch. The on-chain program is not deployed to Solana mainnet. This site lets you explore the design, run the simulator and prepare a launch draft. It does not create, sell or trade any token.

Not financial advice

Nothing on this site is financial, investment, legal or tax advice. Example coins are illustrations. Their prices, trades, holders and payouts are simulated and have no market value.

Risks

Tokens launched through protocols of this kind are highly speculative and can lose all of their value. Smart contracts can contain bugs. A charter is not a promise of price, and a bond is not insurance: it can be far smaller than what a holder loses when a promise is broken, and it can be close to zero when there is little trading and no up-front bond. A kept promise says nothing about the quality of what was delivered.

Witnesses

Some promises are judged by a witness wallet the creator names at launch. Vellum does not choose, vet or vouch for witnesses. A witness can be wrong, careless or close to the creator. Read who the witness is before you rely on such a promise.

Names, images and promises

Creators are responsible for the names, images and promises in their charters. Vellum does not write, review or endorse them.

Wallets and data

Connecting a wallet shares your public address with this site. The site never asks for a seed phrase or a private key. Launch drafts are stored in your browser only, and images you pick are previewed locally without being uploaded.

Eligibility

You are responsible for complying with the laws that apply where you live.