TERMS OF USE

1. who we are

onlybags.wtf ("onlybags", "we") is a web interface operated by [OPERATING ENTITY — to be confirmed by counsel]. It lets you interact with smart contracts on the Arc blockchain to launch and trade user-created tokens ("coins") on a bonding curve. By using the site you agree to these terms. If you don't agree, don't use the site.

2. eligibility

• You must be at least 18 years old and legally able to enter into these terms.
• You must not be a resident of, located in, or incorporated in a restricted jurisdiction, and you must not be a sanctioned person or act for one.
• Restricted jurisdictions currently include: Cuba, Iran, North Korea, Syria, Russia, Crimea, Sevastopol, Donetsk region, Luhansk region. This list can change at any time.
• You must not use a VPN or other tools to get around these restrictions.

3. no investment advice

Nothing on onlybags is investment, financial, legal or tax advice, or an offer or solicitation to buy or sell anything. Coins are created by users. We don't create, review, endorse or vouch for any coin, creator or comment. Labels like "king of the curve", "trending" or the rug meter are automated heuristics, not recommendations.

4. risk of total loss

Memecoins are highly speculative. Most lose all of their value, often within minutes. Prices are set by a bonding curve and later by a Uniswap pool, and can move against you instantly. Only use money you can afford to lose entirely. Read the risk disclosure.

5. fees

• On the bonding curve every buy and sell pays a trade fee of 1.25%: 0.30% goes to the coin's creator and 0.95% to the protocol.
• Right after a coin launches, an additional anti-sniping fee may apply that decays to the normal fee within seconds; it goes to the protocol. The exact fee is shown before you confirm.
• After a coin graduates, it trades in a Uniswap V4 pool with a 1% pool fee, of which 30% goes to the coin's creator and 70% to the protocol.
• Network (gas) fees are paid to the Arc network, in USDC, and are not refundable, also when a transaction fails.
• Launching a coin has no onlybags fee (network fees apply). Fee parameters are set in the smart contracts and may change for new coins.

6. no custody, your wallet, your responsibility

onlybags never holds your funds or private keys. All transactions are signed by you in your own wallet and executed by smart contracts on Arc. Transactions are final and can't be reversed by us. Optional embedded (email / social) wallets are provided by a third-party wallet provider under its own terms. You are responsible for your wallet, keys and devices.

7. user-generated content

When you launch a coin or post a comment you are solely responsible for its name, ticker, image, description, links and text. You must not post content that:

• is illegal, including child sexual abuse material (reported to authorities), terrorist content or content that incites violence or hatred;
• impersonates a real person, company or brand, or infringes trademarks, copyright or other rights;
• is a scam, phishing, or misleading about who is behind a coin or what it is;
• harasses others, doxxes anyone, or is sexually explicit;
• promotes coordinated pump-and-dump schemes or market manipulation.

We may hide or remove any coin's name, image, description or comments from the interface, restrict addresses from commenting, and block access to the site, at any time and without notice. Hiding content in our interface doesn't change the smart contracts or anyone's on-chain tokens.

8. reporting content and contact

Use the "report" button on any coin or comment, or email legal@onlybags.wtf (also for copyright / DMCA notices and as our point of contact for authorities and users). We review reports and act on illegal content quickly.

9. prohibited use

No use of the site in breach of sanctions or law, no market manipulation, wash trading or exploitation of bugs, no attacks on the site or the indexer, no scraping that degrades the service, and no automated access that gets around rate limits.

10. the software is provided as is

The interface and the smart contracts are provided "as is" without warranties. Smart contracts can have bugs; the blockchain, RPC providers, wallets, the data indexer and USDC itself can fail, be delayed or be restricted. To the maximum extent permitted by law we are not liable for any indirect or consequential loss, lost profits, or losses from trading, and our total liability is limited to [AMOUNT — counsel].

11. governing law and disputes

[Governing law, arbitration clause and class-action waiver — to be drafted by counsel.]

12. changes

We may update these terms. The date at the top shows the latest version; we'll ask you to accept material changes again.