Risk Disclosure
Qwakk makes swapping simple, but the risks underneath stay real. Please read these before you trade.
You can lose everything you put in
Crypto asset prices move fast and can fall to zero. Only trade what you can afford to lose completely.
Transactions are final
Once a transaction is on QoreChain it cannot be cancelled, reversed or refunded. A mistake in the token, amount or address is permanent.
Prices move while you swap
Thin pools and large trades move the price. Price protection cancels a swap that would move too far, but you can still receive less than the price you first saw.
Anyone can open a pool
Pools on QoreChain can be created by anyone, for any token on the network. A token's name or symbol does not prove who issued it. Always check the exact token before you trade.
Your wallet may not show every detail
Your wallet's approval screen may list only the types of action in a transaction, not every amount. The Qwakk interface fee, for example, may not show there. Check the amounts, fees and minimum received in Qwakk before you approve.
Liquidity has its own risks
Providing liquidity can return less value than simply holding the two tokens, because the pool rebalances as prices change (impermanent loss).
Technology can fail
QoreChain, its AMM module, wallets such as QoreX and this website are software. Bugs, upgrades, outages or attacks can delay, block or break transactions.
Data can be wrong or late
Prices, charts and rankings come from the blockchain, our indexer and third parties such as CoinGecko. They can be delayed or inaccurate.
Rules can change
Laws and regulations on crypto assets differ by country and change often. Access to some features may become restricted where you live.
Test tokens have no value
On a QoreChain test network, such as QoreChain Diana, tokens are for testing only and have no value. A test network can be paused, changed or reset at any time.
Taxes are your responsibility
Swaps and liquidity may create tax obligations. Ask a tax adviser where you live.