Legal
Risk disclosures
Last updated [DATE]
Placeholder, not legal text. This page outlines the expected structure only. Final wording must be drafted and approved by qualified counsel before launch.
No asset is entirely free from risk. Zend is designed to reduce exposure to the volatility of any single currency, not to remove risk altogether.
1. Currency and reserve risk
[Residual volatility of the basket; reserve asset and counterparty risk; custody risk]
2. Redemption and liquidity risk
[Redemption terms, timing, conditions and possible suspension]
3. Technology and network risk
[Blockchain, smart-contract, network congestion and cyber-security risks]
4. Regulatory risk
[Changing rules by jurisdiction; possible restriction of access]
5. Operational risk
[Service availability, errors, third-party providers]