Terms and Conditions
Terms and Conditions
1. Introduction
These Terms and Conditions govern your access to and use of Gochu.fun (the "Platform"). By connecting your wallet to the Platform, you agree to comply with these terms. If you do not agree with these terms, please do not use the Platform.
1.1. Definitions
"User" refers to any individual or entity accessing or using the Platform by connecting their wallet.
"Creator" refers to users who create tokens on the Platform.
"Gochu Token Holders" refers to users holding and staking Gochu tokens.
"LP Rewards" refers to liquidity pool rewards distributed to creators and Gochu token holders.
2. Wallet Connection and Use of the Platform
2.1. Wallet Connection
To use certain features of the Platform, you must connect your wallet (e.g., Solana wallet) to the Platform. By doing so, you acknowledge that you are solely responsible for the security and management of your wallet and associated private keys.
2.2. Use of the Platform
You agree to use the Platform solely for lawful purposes and in accordance with the Terms and Conditions. You may not:
Violate any local, national, or international laws.
Engage in fraud, spamming, or any form of abusive behavior.
Use the Platform for any unauthorized commercial purposes.
2.3. User Responsibility & Disclaimer
Users are solely responsible for their own investment decisions. Gochu.fun does not provide financial advice, and all transactions are made at the user’s own risk.
Gochu.fun is a neutral platform and does not endorse, verify, or affiliate with any project launched on the site. Participation in any token is at the discretion of the user.
2.4. Restrictions
You may not:
Copy, modify, or distribute any content or material from the Platform without permission.
Reverse engineer or decompile the Platform’s software.
3. Token Launch and Transactions
3.1. Token Launch
Launching a token on Gochu.fun is free of charge, except for the associated Solana transaction fees. You may opt to pre-purchase tokens to avoid front-running by other users. All token purchases and sales are subject to the Platform's fee structure.
3.2. Transaction Fees
A 1% fee is applied to both buy and sell transactions.
If Anti-PVP is enabled, a 30% fee is applied to sell transactions until the token graduates.
A 6 SOL fee is charged upon token graduation and migration to Raydium.
3.3. Commenting Fee
A 1,000 Gochu fee is required per comment to prevent spam and bot activity. This ensures fair engagement, particularly for the Hype Lord feature. The fee is subject to change based on the Gochu token price.
4. Creator Rewards
4.1. LP Rewards
Creators are entitled to 50% of LP rewards generated by their token’s liquidity pool. This reward is distributed regularly to incentivize creators to grow their projects and sustain the liquidity of their tokens.
4.2. Incentives for Long-Term Commitment
Creators who successfully migrate their tokens to Raydium will receive a 1 SOL reward as an incentive for long-term commitment. The remaining 50% of LP rewards will be distributed to Gochu Token Holders who are staking.
4.3. Reinvesting and Revenue Generation
Creators can reinvest their rewards to generate further revenue, grow their project, and reward their efforts in expanding their token's reach.
5. Privacy and Data Security
By using the Platform, you agree to our Privacy Policy, which outlines how we collect, use, and protect your data. You are responsible for safeguarding your wallet and private keys.
6. Platform Limitations and Liability
6.1. No Warranty
The Platform is provided "as is" without any warranties, either express or implied. We do not guarantee uninterrupted access, security, or accuracy of data on the Platform.
6.2. Limitation of Liability
We shall not be liable for any loss or damage resulting from:
Unauthorized access to your wallet or data.
Any issues related to token transactions or platform downtime.
The behavior of other users or third-party services.
7. Termination
We may suspend or terminate your access to the Platform at our sole discretion if we believe you have violated any terms of this agreement.
8. Changes to Terms and Conditions
We may update these Terms and Conditions from time to time. When we make changes, we will post the updated terms on the Platform. Your continued use of the Platform after any changes constitutes your acceptance of the new terms.
9. Governing Law
These Terms and Conditions are governed by the laws of Sydney, Australia. Any disputes related to these terms will be resolved in the appropriate courts of Sydney, Australia.
Terms & Conditions: CTO Takeover
Eligibility & Application
Any community member or group can apply for a CTO takeover.
The application requires a 1.5 SOL non-refundable fee.
Verification Process
All applications undergo a strict manual review to confirm the project’s abandonment.
The verification process is completed within 48 hours, but timing may vary.
Final Decision & Transfers
If approved, the new CTO team receives full access to the project's reward pool.
The original creator is permanently removed from future claims.
Fee Distribution
~80% of the application fee is added to the Gochu staking rewards pool.
A small processing fee covers administrative and verification costs.
Liability & Disputes
The platform is not liable for any project mismanagement by the new CTO team.
All takeover decisions are final, and there is no appeals process.
By applying for a CTO position, users agree to these Terms & Conditions and acknowledge the finality of decisions made by the verification team.
Last updated