Terms (v1)
DRIP is software that lets people launch and trade coins on Raydium LaunchLab. Holders of a coin may be able to claim stock-token rewards: tokenized-stock tokens (for example NVDAx, issued by Backed / xStocks) bought with a share of that coin's trading fees. Rewards are not dividends and are not paid by, or connected to, any company. Coins are not shares and give no rights in any company. No returns are promised. Rewards depend on trading volume, can be zero, and can stop at any time, including if a stock-token issuer pauses its token. Unclaimed rewards expire after 30 days. Stock tokens are issued by third parties who can pause, freeze or move them. Not available to US persons or to people in the US, Canada, the UK, Australia, or sanctioned or prohibited jurisdictions. Coins are highly speculative and most lose value. DRIP isn't affiliated with or endorsed by any company whose stock token is used.
Attestation
Signing in to claim means signing this statement with your wallet:
Sign in to DRIP. I confirm I am not a US person and not located in the United States, Canada, the United Kingdom, Australia, or a sanctioned jurisdiction, and that I may lawfully receive tokenized-stock tokens. I understand rewards are not dividends, no returns are promised, and unclaimed rewards expire after 30 days.
Restricted
DRIP is not available to US persons or to anyone in the United States, Canada, the United Kingdom, Australia, or a sanctioned or prohibited jurisdiction. Access from those regions is blocked for launching, signing in and claiming.
No advice, no promises
Nothing on DRIP is investment advice. Rewards depend on trading volume and can be zero. Stock tokens are issued by Backed / xStocks, who can pause, freeze or move them.