Terms of use

1. What you are agreeing to

These terms cover ponbond.app, anything served from it, and the smart contracts the interface points at. By using any of it you accept these terms. If you do not accept them, do not use Ponbond.

We may change these terms. When we do, the date at the top changes with them. Continuing to use Ponbond after a change means you accept the updated version.

2. What Ponbond is, and what it is not

Ponbond is a website that helps you interact with smart contracts on Robinhood Chain. It is software. It is not a broker, a bank, an exchange, a fund, a trustee, or an adviser, and it is not registered as any of those anywhere.

We do not accept deposits, we do not manage money on your behalf, and we do not execute anything for you. Every action happens because you signed a transaction from your own wallet.

3. Nothing here is investment advice

The app, the journal, the historical illustration, the profile descriptions, and anything we post elsewhere are general information about how the software works. None of it is investment, legal, tax, or accounting advice, and none of it is a recommendation to buy, hold, or sell anything.

We do not know your income, your obligations, your other holdings, or how much you can afford to lose, so we are in no position to tell you what to do with your money. If you want advice, get it from someone licensed to give it in your country.

4. Your wallet and your keys are yours

Ponbond is non-custodial. We never take custody of your assets and we never have access to your private keys, your seed phrase, or your wallet's recovery material. That has consequences in both directions:

• We cannot move, freeze, reverse, or recover your funds, and neither can anyone claiming to work for us.
• If you lose your keys, your funds are gone. There is no reset link and no support queue that can help.
• We will never ask you for a private key or a seed phrase. Anyone who does is trying to rob you.
• Securing your device, your wallet software, and your backups is your responsibility.

You are responsible for what you sign. Read the transaction your wallet shows you before approving it, and verify contract addresses in the app against the block explorer. Tokens with copied names and symbols exist on every chain, including this one.

5. Tokenised exposure is not share ownership

This is the most misunderstood point on the page, so it gets stated flatly. When a Ponbond position tracks a ticker such as SPY, QQQ, SGOV or SLV, you are getting exposure to a price. You are not buying shares of that fund, and you are not acquiring the underlying securities or metal.

What you hold is better described as a debt claim against the arrangement that issued it, priced off a reference asset. That means:

• You are not a shareholder or a unitholder of the referenced fund.
• You have no voting rights and no entitlement to distributions, except where the app explicitly states that a distribution is passed through.
• You have no direct claim on the referenced fund's assets.
• You are exposed to the issuer and to the collateral behind the claim, not only to the reference price. If that arrangement fails, the position can be worth far less than the reference price suggests, up to and including nothing.
• Investor compensation schemes that cover brokerage accounts, such as deposit or securities protection funds, do not apply here.

6. Value can fall

Every asset reachable through Ponbond can lose value, including all of it. Stock indexes fall. Silver falls. Short dated treasuries carry less price risk but are not risk free. Cash is not immune either, because a stablecoin can lose its peg or become unredeemable.

Any historical figure shown in the app is arithmetic on published past returns for illustration. It is not a forecast, not a target, and not a promise. Past performance tells you what happened, never what will.

Only commit funds you can afford to lose entirely.

7. Smart contract and technical risk

The contracts are unaudited at launch. They were written and tested by the team and have not been reviewed by an independent security firm. Unaudited code can contain bugs that drain funds, lock funds permanently, or behave in ways nobody intended. Sophisticated code has failed this way before, and ours can too.

Beyond bugs, the design itself can fail. Liquidations can be late in a fast market, price feeds can lag or stop, a collateral ratio can be breached faster than it can be enforced, and a chain can halt or reorganise. Robinhood Chain, the block explorer, your wallet provider, and the price sources are all third parties we do not control.

As of the date at the top of this page, no Ponbond contract has been deployed. There is no vault, no synthetic index market and no token address, so nothing described in the app can be used yet and no funds can be at risk in it. Until a contract is actually deployed the app says so on every surface and shows no address. If you ever see an address in the app that you cannot match on the block explorer, stop and do not send funds.

8. Fees

The app shows the fee that applies before you commit to anything. The management fee the app publishes is 0.35 percent a year, charged against the position rather than billed to you separately. Since no vault is deployed yet, that is the figure the vaults are configured to launch with rather than a rate anything is charging today. Network gas is paid to the chain, not to us, and it applies to every transaction you sign.

Fees can change. A change takes effect when it is live in the contract, and the app shows the current figure rather than a historical one. The vault contract does hold one limit on this: its maximum management fee is fixed at 1 percent a year as a constant in the code, so no governance call can raise the fee above that without deploying a different contract.

9. Availability

There is no uptime guarantee. The site, the read proxy it uses to reach the chain, the chain itself, your wallet, and your network connection can each be unavailable at any moment, sometimes at the same moment and usually at the worst one.

We may change, suspend, or withdraw any part of Ponbond at any time, with or without notice. Nothing here promises that you will be able to open, adjust, or exit a position at a particular time or at a particular price. Because the contracts are onchain, they may remain usable directly even if this website is not.

10. Eligibility and your local law

Whether you are allowed to use Ponbond is your question to answer, not ours. By using it you confirm that:

• You are old enough to enter a binding contract where you live.
• You are not subject to sanctions, and you are not acting for anyone who is.
• Using a product like this is lawful in your jurisdiction, and you are not evading a restriction that applies to you.
• You are responsible for reporting and paying any tax that arises from what you do here.

We do not screen users, and nothing in the app should be read as an opinion that your use of it is permitted where you are.

11. Acceptable use

Do not use Ponbond to break the law, to launder funds, or to defraud anyone. Do not attack the contracts or the site, do not attempt to interfere with other users' positions, and do not hammer the read proxy with automated traffic that degrades it for everyone else. We may rate limit or block traffic that does.

12. Provided as is, with no warranty

Ponbond is provided as is and as available, with no warranty of any kind, whether express or implied. To the fullest extent the law allows, we disclaim any implied warranty of merchantability, fitness for a particular purpose, title, and non-infringement.

We do not warrant that the app will be accurate, uninterrupted, timely, secure, or error free, that defects will be fixed, or that any figure displayed is correct. Prices, balances and historical returns are shown for information and can be wrong, stale, or incomplete.

13. Limitation of liability

To the fullest extent the law allows, neither Ponbond nor anyone who contributed to it is liable for lost funds, lost profits, lost opportunity, or any indirect, incidental, special, or consequential loss arising from your use of the app or the contracts, including losses caused by contract bugs, liquidations, price feed failures, chain outages, wallet compromise, or your own mistakes.

Some jurisdictions do not allow limits like this one. Where that is the case, the limit applies only as far as it legally can, and nothing here is intended to exclude liability for fraud or for anything else that cannot lawfully be excluded.

14. Contact

Questions about these terms can go to Ponbond on X (opens in a new tab). We read messages, and we cannot recover funds, reverse transactions, or unlock a wallet, whatever the message says.