Risk disclosure

What Virtuallock is, and isn't

Virtuallock is a non-custodial interface to the TokenLock smart contract. We never hold your keys or your tokens, and the contract has no owner, no admin, no pause switch and no upgrade path. Nobody, including us, can move a locked token except the wallet that deposited it, after the unlock time.

We are not a broker, exchange, bank, investment adviser or custodian. We charge a flat fee in ETH per lock or vesting schedule (currently 0.0025 ETH), shown before you confirm and fixed in the contract when it is deployed. We offer no yield, no rewards and no revenue share. We do not guarantee any outcome from using Virtuallock.

Locks are irreversible

Once a lock is created it cannot be cancelled, and its unlock time can never be shortened. Blockchain transactions are final: we cannot reverse, refund or cancel them. You can only extend it to a later date. There is no early exit, no support override and no recovery process, because the contract has no one who could run one.

• Check the token, amount, unlock date and wallet before you confirm. A mistake cannot be undone.
• Only the depositing wallet can withdraw. If you lose access to that wallet, the tokens stay locked forever.
• Do not lock anything you may need before the unlock date.

Burning is permanent

If you choose a burn percentage, that share of the tokens is sent to an unspendable address when you withdraw. Burned tokens are destroyed and cannot be recovered by anyone. Burning a tokenized stock would destroy your claim and benefit no one, so Virtuallock's interface does not offer burn-on-exit for the stock tokens it recognises.

The standalone burn service (BurnRouter) is not part of the mainnet launch and will not be offered on mainnet until it has been independently audited. We describe burning as supply reduction only and make no statement about its effect on any token's price.

Smart-contract and network risk

Smart contracts can contain bugs. Virtuallock's contracts (TokenLock, VestingVault for vesting schedules, and AirdropEscrow for airdrops) are small, tested and have public source, but they have not been audited by a third party. Automated analysis and our own tests do not find every flaw. A flaw could lead to the permanent loss of locked tokens, and because nobody has admin powers, nobody could step in to fix it. Lock only an amount you can afford to lose.

Your lock also depends on things outside our control: the blockchain network, its sequencer and RPC providers, your wallet software and the token contract itself. Outages or failures in any of them can delay or prevent a withdrawal.

Testnet versus mainnet

Virtuallock runs on Robinhood Chain mainnet (chain 4663), where tokens have real value and every lock is real and irreversible. Its test environment runs on Robinhood Chain testnet, where tokens have no monetary value, test deployments can be reset or replaced, and data shown there may be incomplete. Do not treat anything on testnet as a record of real assets. Check the network chip in the top bar to see which network you are using.

No guarantees about tokens or projects

A lock shows that tokens were committed in the contract until a date. It does not show that a token or its team is legitimate, that the token has any value, or that the project will succeed. Tokens can lose all of their value. Virtuallock does not vet, endorse or monitor the tokens or projects that use it.

Airdrops

Airdropped tokens are deposited by the project running the drop, not by Virtuallock. A funded drop shows that the full amount sits in the AirdropEscrow contract; it does not show that the project or token is legitimate. Virtuallock doesn't vet projects or tokens and makes no promise about their value, safety or legality.

Wallet lookups on Virtuallock are screened against sanctions lists, but the escrow contract has no admin and cannot block addresses. Unclaimed tokens go back to the project after the claim deadline. Tokens claimed into a lock or vesting schedule can only be released by the recipient's wallet, on that schedule.

You use Virtuallock at your own risk

By locking tokens you accept the risks described on this page, including bugs, network failures, issuer actions, loss of wallet access, changes in law and total loss of the tokens you lock. Wallet, key and phishing risks are yours to manage. Virtuallock will never ask for your seed phrase.

No investment advice

Nothing on Virtuallock is investment, legal, tax or financial advice, or a recommendation to buy, sell, hold or lock any token. Lock pages, rankings and conviction tiers describe how long tokens are committed, never performance. Any price shown is informational only, comes from the source named next to it and may be delayed or wrong.

Tokenized stocks

Tokenized stocks on Robinhood Chain are securities issued by a third party, currently Robinhood Assets (Jersey) Ltd. They are debt instruments that track a share price. They are not shares and give no shareholder rights such as voting.

The issuer restricts who may hold them. Under the issuer's terms they are not available to persons in or from the United States, Canada, the United Kingdom, Switzerland or the United Arab Emirates, among other places, and the issuer's list can change. It is your responsibility to check that you are eligible before you acquire or lock them. Virtuallock does not sell, route or arrange transactions in them, and does not verify where you are or who you are. Do not use the Stocks pages if you are in a restricted region.

The issuer keeps powers that Virtuallock does not have and cannot override. The token contract can be paused, upgraded, or have balances frozen, and those powers can apply to tokens held inside the Virtuallock contract. If the issuer freezes or pauses a token, your withdrawal may fail until they lift it. Corporate actions such as splits change the token's multiplier rather than your raw balance.

Not affiliated with Robinhood

Virtuallock is not affiliated with, endorsed by or sponsored by Robinhood. “Robinhood Chain” is used only to describe the network Virtuallock runs on.