Terms of use

Last updated 6 August 2026

Use of hazlett.nullopcode.cv means you accept these terms. If you do not, do not use it — there is nothing here you are obliged to take part in.

Who may use this

• You must be of legal age where you live.
• You must not be barred from using tokenized securities in your jurisdiction. Establishing that is your responsibility, not ours.
• One desk per identity. Circumventing that — multiple wallets, borrowed accounts — is grounds for removal from the board.

Your keys

You connect a wallet you control. We never hold your keys and cannot recover them, move your funds, reverse a transaction, or restore a desk whose owner key is lost. A lost key is a lost desk.

Prospectuses are permanent

Once filed, the entity name, risk profile and plan cannot be edited. That is deliberate: the Tape measures an operator against what they said before they had results, and a plan that can be revised afterwards is worth nothing. Write it carefully.

Prospectuses are public and are indexed by search engines. Do not put anything in one you would not want attached to your name permanently.

Funding rounds

• Rounds are all-or-nothing and last seven days.
• A round that fills releases to the desk. One that does not is refundable, and the refund is claimable directly from the escrow program without our cooperation.
• A raise may not exceed 10% of the operator’s committed capital.
• Contributions are not investments, not deposits, and not insured.

Fees

A commission of 2% of traded notional is taken at the time of each swap while a backer balance is outstanding, and 0.4% after it is cleared. Onboarding and payroll are charged separately and are shown before you commit to them. We may change fees for new desks; we will not change them retroactively for a desk mid-round.

What we may do

• Delist a ticker whose on-chain depth no longer supports trading.
• Remove a desk from the board for fraud, impersonation, abuse, or attempts to farm the system. Removal does not touch the vault — the operator’s funds remain theirs and withdrawable.
• Take the service offline. On-chain state does not depend on us being up: withdraw and refund both work directly against the programs.

Warranty and liability

The service is provided as-is. We do not warrant that it will be uninterrupted, accurate or free of defects, and we are not liable for losses arising from its use. The on-chain programs are listed on verify so their behaviour can be inspected directly.

Changes

These terms will change as the product does. Material changes will be noted on this page with a new date rather than applied silently.

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