Risks

We'd rather you read this page than find out the hard way.

Money risks

• You can lose what you bet. Fences are zero-sum: winners are paid by losers.
• Harvest is not guaranteed. The Harvest pool pays out what it holds. A week can be small; an animal that wasn't fed gets nothing that week.
• Bulls, bears and $SRANCH have no guaranteed price. The ranch never values them and there may be no buyer when you want to sell.
• Token prices can swing hard, especially right after launch.

Price risks

• Feeds can lag. A Chainlink feed updates on a 0.5% move or every 24 hours, so the price a fence settles on can be a few hours old and differ slightly from the live price. The ranch's price feed is final.
• Halts and splits. If the feed is paused, stale, or a stock splits during a fence, the fence is voided and refunded, not settled.
• Thin overnight data. Overnight and Monday's-open prices come from thinner markets; each fence has a cap while things settle in.

Chain and contract risks

• Single sequencer. Robinhood Chain runs one sequencer. If it stops, nobody can bet or settle; stale prices lead to a void and refund after the grace period.
• Smart-contract bugs. The contracts are tested and self-audited, but code can still have bugs. Contracts that hold money can't be upgraded, which also means a bug can't be patched in place.
• Pons dependency. Token trading fees depend on the Pons platform. See what you have to trust.
• The breed registry multisig can register next season's list with 4 weeks' notice. See the one permission.

Legal

• Stock Ranch is a game. It is not available in the US, Canada, the UK, Switzerland or the UAE. Don't use a VPN to get around this.
• Rules about games of chance differ by country. It's on you to know yours.
• Nothing here is financial advice.

What we do about it

Exits never pause, voids always refund in full, splits and rates can't change mid-season, and you can set your own limits that even you can't undo early.