Legal & risk
Risk disclosure
User-created experimental tokens, volatility, thin liquidity, graduation, smart-contract and infrastructure risk, pump.fun launches on Solana, pons launches on Robinhood Chain, and what SER is not.
Last updated Oct 6, 2026
Read before you trade, launch or join a campaign
Tokens are user-created and experimental. Prices can move quickly, liquidity can be thin, and tokens can lose all value. Graduation is a protocol state, not a quality signal. Nothing on SER is investment advice.
SER is software that helps you launch, trade and earn around user-created tokens. Today it works with pump.fun on Solana and pons on Robinhood Chain; not every feature exists on each. Using it involves real assets and irreversible transactions. This page explains the main risks in plain language; it is not a complete list.
User-created, experimental tokens
- Anyone can create a token on a launchpad. SER lists launches it indexes; a listing is not a review, endorsement or recommendation.
- Names, tickers, logos and descriptions are chosen by creators and can imitate other projects.
- Many tokens have no product, team or roadmap. Most lose most or all of their value.
- Always confirm a coin’s address before trading — its mint address on Solana, its contract address on Robinhood Chain. SER shows it on every coin’s page.
Volatility and thin liquidity
- Prices can move sharply within seconds. Both Solana and Robinhood Chain confirm transactions in well under a second.
- Pools can be shallow: a single trade can move the price a lot, and you may not be able to sell at the price you see.
- Quotes change between review and confirmation. Your slippage setting limits how far the price can move before the transaction reverts — a high setting means you accept a worse price.
- Displayed market caps are price × supply (excluding burned tokens). They don’t mean that value could actually be realized.
- SOL and ETH amounts are shown in their own units. SER does not convert one into the other or add them together.
Graduation is a protocol state
Launchpads use “graduation” for a coin that has reached a liquidity threshold. It is a mechanical state change, not a signal of quality, legitimacy or future price. Graduated coins can and do lose value. The coin’s page shows its current state as read from chain.
On Solana (pump.fun)
SOLA pump.fun coin graduates when its bonding curve completes — a threshold set by pump.fun, in the coin’s pair token. Trading then moves from the curve to pump.fun’s own pool, where fee rates follow pump.fun’s schedule.
On Robinhood Chain (pons)
ETHA pons token graduates when the ETH paired in its pool reaches a threshold set by pons. Depending on the pons generation, graduation can change where the token trades.
Smart-contract risk
- On Solana, transactions interact with pump.fun’s programs; SER has no program of its own there. On Robinhood Chain they interact with pons contracts, Uniswap pools and SER’s own contracts (reward distributor, fee routers, campaign escrows). Any contract or program can contain bugs, even when tested or audited.
- On Robinhood Chain, SER’s contracts can be paused by an administrator multisig in an emergency, which can delay claims or campaign actions. On Solana, SER can pause reward payouts.
- Onchain transactions are final. SER can’t reverse a trade, a transfer or a mistaken claim.
- Wallet software, browser extensions and devices can be compromised. Keep your seed phrase offline; SER will never ask for it.
RPC and indexer risk
- SER’s figures come from its own indexers reading Solana and Robinhood Chain through RPC providers. Indexing can fall behind, and SER marks data as stale when it does — but stale or missing data can still affect a decision.
- Short chain reorganizations are handled by waiting for confirmations; very recent activity may appear late.
- Wallet balances, quotes and simulations are read at a moment in time and can change before your transaction is included.
- Social data depends on third-party platforms and their APIs, which can be delayed, limited or withdrawn.
Rewards can vary
- Rewards depend on funded pools, your qualified activity relative to others, trust review and campaign rules. Scores and tiers can go down as well as up.
- Reward assets can be volatile. SOL, ETH and project tokens can all change in value before you receive or claim them.
- Platform rules can change what activity is reward-eligible. For example, X activity is not used for reward allocation unless X has granted written permission.
On Solana (pump.fun)
SOL- Rewards on Solana are allocated to sers, but payouts are not live yet. An allocation is not a payment.
- Payouts are transfers signed by SER’s operator from a reward wallet SER operates — not a claim contract. You rely on SER’s operations and key handling for them.
- Only a Solana payout wallet you linked and proved is paid. If you unlink or change it, allocations wait.
On Robinhood Chain (pons)
ETH- Rewards exist only once an epoch’s Merkle root is published onchain for a funded pool.
- Each epoch has a claim deadline. Unclaimed rewards can be swept after it.
- You pay gas in ETH to claim. A small allocation can be worth less than the gas to claim it.
pump.fun launches on Solana
Where SER offers launches on pump.fun, the creator-fee split is not enforced by a SER contract. It is set through pump.fun’s own fee sharing in the launch transaction, and it holds against everyone except pump.fun itself.
- pump.fun’s admin can reassign a coin’s creator or reset its fee split without notice. Neither the creator nor SER can prevent it. SER watches for it, pauses that coin’s rewards and says so.
- Creator fee rates are set by pump.fun and can change. pump.fun’s programs can be upgraded by pump.fun.
- Rewards on Solana are allocated to sers, but payouts are not live yet. An allocation is not a payment, and nothing here promises when payouts start.
- A fee split is set once per coin. A coin launched with a wrong recipient cannot be corrected.
- Launching with no wallet connection means SER operates a one-time launch address for you until the launch is sent. Send only the quoted amount of SOL.
- Trading from a coin’s page on SER builds a pump.fun transaction that your own Solana wallet signs. It is simulated first, but prices move, and a trade can still fail or fill at your slippage limit.
- SER is an independent application and is not affiliated with pump.fun. Links to pump.fun lead to a third-party site.
pons launches on Robinhood Chain
Where SER offers launches on pons, the creator-fee split is enforced by the token’s SER fee router. Where pons pays the creator side is controlled by pons.
- For pons v2 tokens, the pons owner can override a token’s creator-fee recipient after a 3-day timelock. Neither the creator nor SER can prevent it. SER shows a notice on the token page while an override is pending.
- pons sets its launch fee, base trading fee and the limit for the optional creator fee, and can change them or close launches.
- Creator-side fees reach the router when pons sweeps them, so reward pools can fill later than the trades that paid for them.
- Launching with no wallet connection means SER operates a one-time launch address for you until the launch is sent. Send only the quoted amount of ETH.
- SER is an independent application and is not affiliated with pons. Links to pons lead to a third-party site.
Nothing on SER — including social scores, velocity, rankings, tiers, analytics or campaign listings — is investment, financial, legal or tax advice, or a recommendation to buy, sell or hold any token. Social metrics describe activity, not value. Do your own research and only use funds you can afford to lose.
SER is an independent application. It is not operated, endorsed or sponsored by Robinhood, pons, pump.fun or Solana. “Solana” and “Robinhood Chain” are used only to identify the networks. pons is written in lowercase in line with its attribution terms. Naming a launchpad or a network implies no partnership.