Terms of Policy

1. What Arclight is

Arclight is a non-custodialtoken launchpad on Arc (Circle’s USDC-native L1). It lets anyone open a token on a bonding curve and trade it peer-to-contract. Arclight never takes custody of your funds or tokens — every action is a transaction you sign with your own wallet.

2. No financial advice · your own risk

Nothing on Arclight is financial, investment, legal, or tax advice. Tokens launched here can lose all value. You are solely responsible for your decisions and for complying with the laws that apply to you. During the testnet phase, tokens and balances have no real value.

3. Fees

Trades on the bonding curve carry a 1% fee — 0.5% to the protocol and 0.5% to the token’s creator (creators may route their share to burn, a build fund, charity, or a custom address). After a token graduates to a DEX, standard swap fees apply within the locked pool. Network gas is paid in USDC on Arc.

4. Fair-launch guarantees

• No presale and no team allocation — everyone buys on the same curve.
• Liquidity is locked at launch and the LP is burned on graduation — it cannot be pulled.
• Mint authority is renounced — supply cannot change.

These are enforced by the contract, not promised by us.

5. User content & moderation

Artwork, names, descriptions, links, and posts you submit are public and, where applicable, permanent on-chain or on IPFS. Artwork is reviewed before publishing. You confirm you have the right to use anything you upload. We may remove content or restrict accounts that are illegal, deceptive, infringing, or abusive. You keep ownership of your content and grant Arclight a licence to display it.

6. Prohibited use

• Impersonation, fraud, or deceptive tokens designed to mislead buyers.
• Infringing intellectual property or uploading unlawful content.
• Market manipulation, exploiting contracts, or attacking the platform.
• Using Arclight where it is prohibited by the laws that apply to you.

7. No warranty · limitation of liability

Arclight is provided “as is,” without warranties of any kind. Smart contracts, RPCs, and third-party wallets can fail. To the maximum extent permitted by law, Arclight and its contributors are not liable for any losses arising from use of the platform.

8. Privacy

Arclight is wallet-based. We do not ask for names, emails, or documents to use the core product. Your public wallet address and on-chain activity are, by nature, public. Any social profile details you add (name, bio, picture) are ones you choose to make public. See how data flows in the API section.

9. Changes

These terms will evolve as Arclight moves from testnet to mainnet. Material changes will be posted here.

Note: this is a working draft for the testnet phase and should be reviewed by legal counsel before mainnet.