Disclaimer
What you're signing up for. Read before you stake.
PNL is an experimental on-chain protocol. Participation involves real economic risk.
Cryptocurrency risk
Cryptocurrency values are volatile. SOL staked on PNL markets can decline in value or become worthless. Tokens launched through PNL may be illiquid, may have no market value, and may lose value to zero.
Prediction market risk
Every market is a binary bet. If your side loses, your stake is forfeited and redistributed to the winning side. Past market resolutions do not predict future ones.
Protocol risk
PNL is open-source software (MIT licensed). It has been audited only informally. Smart contracts may contain bugs that result in loss of funds. The Solana network itself may experience outages, congestion, or governance changes that affect market resolution.
No investment advice
Nothing on PNL constitutes financial, investment, legal, or tax advice. Markets are not securities. Decisions to stake are your own. If you are not prepared to lose 100% of your stake, do not participate.
Regulatory uncertainty
PNL operates in an evolving regulatory environment. The regulatory status of prediction markets, memecoin launches, and prediction-market-gated launches varies by jurisdiction. You are responsible for ensuring your participation complies with the laws of your country and state.
No recourse
Blockchain transactions are final. There is no refund mechanism, no chargeback, and no central authority that can reverse an action. Stake only what you can afford to lose.
By using PNL you acknowledge that you have read, understood, and accepted these risks.