> For the complete documentation index, see [llms.txt](https://docs.vapinetwork.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.vapinetwork.ai/legal/risk-statement-and-disclaimer.md).

# Risk Statement & Disclaimer

{% hint style="warning" %}
Using vAPI involves smart-contract, service-provider, credential, blockchain-finality, and digital-asset risks. Review service metadata and provider terms before authorizing a payment.
{% endhint %}

**Not an investment.** vAPI is a network token used within the vAPI Network. It is not offered as an investment, and nothing published by vAPI Network or the vAPI Foundation is an offer to sell or a solicitation to buy a security or any other financial instrument. Do not acquire vAPI with an expectation of profit.

**The network is not live yet.** vAPI Call and vAPI Tasks are not open to the public. Contracts are deployed with test parameters and the platform runs in staging. Compute and Stake are not live. The token is launching before the products it is designed to serve. See Roadmap & status for what is operational today.

**No guarantees.** Nobody guarantees the price of vAPI, its liquidity, or that a market for it will continue to exist. Supply is fixed at 100,000,000 and can only decrease through burns. Price is set by the market and can go to zero.

**What the token does not confer.** Holding vAPI does not confer ownership, equity, a claim on revenue, or a right to profits or dividends. Token governance is not active. Staking, rewards, reviewer eligibility, and buyback-and-burn are described on Network economics as design documentation, not as commitments. Those mechanics are in development, require a third-party security audit, and may change or not ship at all.

**Contract risk.** The token contract has no mint function, no owner, and no admin keys. An audit by Hacken is finished and the report will soon be published. Publication or deployment of contract code does not establish that it has been audited. Onchain transactions are final and cannot be reversed.

**Regulatory uncertainty.** The legal treatment of digital assets and tokens varies by jurisdiction and is changing. Acquiring, holding, or using vAPI may be restricted or unlawful where you are located. You are responsible for determining whether your activity is lawful in your jurisdiction.

**No advice.** Nothing on the vAPI website, console, or documentation is financial, investment, legal, or tax advice. Do your own research and consult your own advisers before acquiring vAPI.

**No warranties.** The vAPI website, console, documentation, and network interfaces are provided "as is" and "as available", without warranties of any kind, express or implied. Information published about the roadmap, technology, or token mechanics is provided for information only and may change without notice.

**Forward-looking statements.** Statements about future development, features, mechanics, or timelines reflect current intentions and are not commitments. They may change or may not be delivered.

**Limitation of liability.** To the maximum extent permitted by law, the vAPI Foundation and its directors, officers, employees, and affiliates disclaim all liability for any loss arising from the acquisition, holding, use, or disposal of vAPI tokens, from reliance on any information published, or from the use or unavailability of the website, console, or network interfaces.

**Operator.** vAPI Network is operated by the vAPI Foundation.

**Acceptance.** By acquiring vAPI tokens you confirm that you have read and understood this statement.

Contact: <founders@vapinetwork.ai>


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