Legal
Terms of Service
By using GreenDildo you agree to these terms.
The service
GreenDildo is a non custodial interface for creating and trading tokens on the Solana blockchain using Raydium LaunchLab. We never hold your funds or your private keys. Every transaction is signed by you in your own wallet.
Eligibility
You must be of legal age where you live and you must not use the service where doing so is prohibited by law. You are responsible for knowing and following the rules that apply to you.
Tokens are created by users
Tokens on GreenDildo are created by independent users. We do not create, review, endorse or vouch for any token, its creator, or anything said about it. Token names, images and descriptions are the responsibility of their creators.
Fees and the holder tax
Every token carries a 3% transfer tax. Most of it is used to buy the reward token chosen by the creator and is sent to eligible holders. The rest funds the platform, with 0.1% of each trade paid to the coin creator and 0.1% to the referrer if the coin was launched through a referral link. Launching is free apart from Solana network costs. Rewards depend on trading activity and may be delayed, reduced or never paid.
Reward payouts
Holder rewards pay out when the pot for a coin reaches its payout target, set by market cap ($60 under $100K, $100 up to $1M, $250 up to $5M and $500 above), at most once every 30 minutes. If the target is not reached, the pot pays after 48 hours once $10 has built up, and after 7 days otherwise. Only wallets holding $10 or more of a coin at payout time are eligible. If a coin has no eligible holders for 30 days, its unpaid reward pot is released to the platform.
No advice
Nothing on GreenDildo is financial, investment, legal or tax advice. Tokens are highly speculative and can lose all of their value.
Prohibited use
You must not use the service to impersonate others, infringe intellectual property, launch tokens designed to defraud buyers, launder funds, or break any law. We may hide any token from our interface at our discretion.
No warranty
The service is provided as is, without warranties of any kind. Blockchain networks, third party programs and services we rely on can fail, and we are not responsible for losses caused by them.
Limitation of liability
To the fullest extent allowed by law, we are not liable for any loss arising from your use of the service, including trading losses, failed transactions or rewards not being paid.
Changes
We may update these terms at any time. Continuing to use the service means you accept the current version.