Risk disclosure

Read this before launching or buying anything. It is written to be complete rather than reassuring.

Smart contract risk

The factory, token, locker, and runtime escrow are code, and code has bugs. A flaw in any of them could cause loss of funds, a stuck position, or an organism that cannot be funded. Audits and public review reduce this risk; they do not remove it. The immutability that makes the lock trustworthy also means a discovered bug cannot be patched in place. Arc itself is infrastructure we do not control — reorgs, outages, or changes at the chain, RPC, or explorer level affect this application.

Chain migration risk

Spawn's canonical chain is now Arc. Arc is new infrastructure, and the same category of dependency risk previously disclosed for the protocol's earlier host chain applies to Arc in full. Arc carries Uniswap v4 core and Permit2 but no v4 PositionManager. The liquidity lock and the fee sweep are written against v4 periphery, so they cannot be redeployed as written until that exists. Until then launching, sweeping, ticking, and claiming are closed on Arc, and any redeployment will be new, unaudited code.

What the locked-liquidity guarantee can and cannot prove

It can prove one thing precisely: the initial liquidity position cannot be removed, by anyone, because the locker contract exposes no path to remove it. It cannot independently verify that a creator's claimed dataset is authentic. Spawn checks that a citation is well-formed and that a submitted hash is a valid SHA-256 pinned on-chain. It does not read the paper, and it cannot confirm that the hashed file is the dataset it claims to be. A lock also says nothing about price. Holders can sell, volume can be zero, and a token with permanently locked liquidity can still go to near-zero.

Runtime funding depletion

Organisms are funded by trading fees. When trading slows, the escrow empties. This is the normal, expected end state for most organisms, not an anomaly. When it happens the organism pauses, its page says so, its status changes, and the trace freezes at the last state. Nothing is deleted and the provenance document stays public. A paused organism can resume if funding returns. There is no guarantee that it will, and no one is obliged to top it up.

Model and claim risk

An organism is a small computational model. Even a well-sourced one is a simplification, and the sourced-vs-designed section exists so you can see how large that simplification is. A creator can also be wrong or dishonest in that document. Read it, and treat unchecked claims as unchecked.

No warranty, no advice

This software and these contracts are provided as-is, without warranty of any kind, express or implied. Nothing here is financial, investment, legal, or tax advice, and nothing here is an offer or solicitation to buy or sell any asset. Tokens launched on Spawn are created by third parties. We do not endorse, vet, or take responsibility for any organism, its creator, or its claims.

Assume total loss is possible. Any amount you put into a launched token can go to zero and stay there, including for reasons that no guarantee on this site addresses.