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CodeX

Risk disclosure

Draft for legal review

This document is incomplete and has not been reviewed by a lawyer. It is not an offer of services.

Price and liquidity

Crypto-asset prices can fall to zero. At the time of writing, no executable on-chain liquidity exists for CDX, so it may not be possible to sell it.

Issuer controls

The CDX token contract lets its administrators pause transfers, freeze or blacklist addresses, and upgrade the contract. Such actions could prevent you from moving or selling CDX.

Stablecoin claims

Public descriptions refer to CDX as euro-backed. This platform has not verified any reserve or redemption right and does not value CDX at one euro.

Custody

A custodial account means the operator controls the keys. Losses from operator failure, security incidents or insolvency are possible.