Read this before you trade.

You can lose everything you put in.

Thesis tokens are speculative. Most will go to zero. A written thesis is an opinion, not a promise, and nobody is obliged to deliver it.

The contracts are unaudited.

They are tested, fuzzed and open source, but no third party has audited them. A bug could lose funds.

Prices move on thin liquidity.

Curves and young pools are shallow. Large trades move the price a lot, and so can other people's trades between your quote and your transaction.

The buyback is not a price floor.

Vault tranches are small by design and only happen when the price is close to its recent average. They reduce supply over time; they do not stop the price falling.

Creators are anonymous.

Anyone can launch a thesis. Links shown on a thesis page come from its creator and are not verified. Thesiq does not vet claims, people or projects.

Onchain is permanent.

Transactions cannot be reversed. Theses cannot be edited or removed. Send to the wrong address and it is gone.

Infrastructure can fail.

The site, the indexer and RPC providers can go down or show stale data. The contracts keep working; check the chain when it matters.

Rules differ where you live.

Holding or trading tokens may be restricted in your jurisdiction. You are responsible for following the law that applies to you.