Risks and disclosures.

Mosaic pays real assets from real fees, and every part of that chain can fail. Read this before you hold.

Nothing is guaranteed.

Dividends depend entirely on trading volume in the official MOS markets. If nobody trades, the pot is zero. The jackpot and runner-up layer is chance-based; holding MOS gives you a weighted ticket, not a prize. Past pots say nothing about future pots.

Operator trust.

Mosaic is run by one operator. The checkpoints, the manifests, the swaps and the deliveries are produced by that operator's systems, journaled in hash-chained ledgers and reconciled against two independent RPC providers per chain. Those controls reduce mistakes; they do not make the system trustless. A holder relies on the operator to run the checkpoint honestly and keep the signing keys safe.

The routing percentages, the catalogue, the cycle length and the reserve policy are operating rules. They can be changed by the operator. Changes are published here and in the economics feed on the site before they take effect.

Reward-asset risks.

• Issuer controls. Tokenized stocks and pre-IPO tokens are issued by third parties who may pause transfers, freeze accounts, impose jurisdictional restrictions or change their token's rules. That can delay or block a delivery.
• Eligibility. A catalogue asset being deliverable does not mean you are legally entitled to hold it where you live. Check your own rules.
• Memecoins. ANSEM, CATE and STONK are community tokens with no underlying asset. Their price and liquidity can go to zero. ANSEM is in the default basket; opt out by saving a mix.
• Conversion. Your dividend is swapped from USDC or USDG into your mix at the time of purchase. The value you receive depends on market depth and price at that moment. Mosaic enforces slippage limits and will delay a purchase rather than fill it badly, but it cannot guarantee any price.
• Display multipliers. Some tokens apply a UI multiplier; the number your wallet shows may differ from raw units. Raw units are what you own.

Market and bridge risks.

• The Meteora pool's principal is permanently locked, which guarantees the liquidity exists, not that it is deep enough or that MOS holds value.
• The Robinhood pool is protocol-owned and shallow relative to the Solana market. Large trades move it.
• rhMOS is route-restricted. Selling it through venues other than the official pool fails by design.
• Bridging relies on Wormhole guardians and the NTT contracts. Robinhood Chain has no automatic relayer, so a bridge transfer may require a redeem step to complete. Rate limits can delay large transfers up to 24 hours.
• The Robinhood contracts have not been externally audited.

What Mosaic cannot do.

• Mint MOS. The mint authority is revoked.
• Freeze your MOS. The freeze authority is revoked.
• Withdraw the locked Meteora liquidity.
• Take custody of your MOS. Eligibility is measured, never deposited.
• Redirect a dividend. Deliveries go to the wallet that held the MOS, or its linked wallet on the paying chain.