Disclaimer & Risks
Important Disclaimer
Get Rich Quick™ is an experimental protocol with significant risks. This document outlines some, but not all, of the risks associated with participating in the protocol. By using GRQ, you acknowledge and accept these risks.
No Responsibility for Losses
The GRQ team and contributors hold NO RESPONSIBILITY for any losses incurred through the use of this protocol. All interactions with GRQ are done at your own risk. No compensation will be provided for any losses, technical issues, or protocol failures.
Tomb Fork Risks
GRQ is based on the "tomb fork" model of algorithmic stablecoins, which carries inherent risks:
- Peg Instability: The $GRQ token aims to maintain a soft peg to $BERA, but this peg can break down, potentially leading to significant price volatility and permanent loss of value.
- Death Spirals: Algorithmic stablecoins can enter "death spirals" where declining prices trigger further selling, leading to a collapse in token value that may be unrecoverable.
- No Collateral Backing: Unlike traditional stablecoins, $GRQ is not backed by external collateral. Its value is maintained solely through protocol mechanics and market incentives.
- Historical Failures: Many tomb fork projects have failed to maintain their pegs long-term. Past performance of similar protocols suggests a high risk of failure.
Historical Context
The tomb fork model has a history of projects that have failed to maintain their pegs, resulting in significant or total loss of value for participants. While GRQ incorporates some improvements and unique features, the fundamental risks remain. Users should be aware that total loss of invested capital is a real possibility.
Final Warning
Get Rich Quick™ is a high-risk protocol with a playful name that should not be taken as financial advice or a promise of returns. The protocol is experimental, and participation should be limited to funds you can afford to lose entirely.
By using the GRQ Protocol:
- •You acknowledge that you have read and understood these risks
- •You accept full responsibility for your actions and any resulting losses
- •You agree that the GRQ team and contributors are not liable for any losses
- •You confirm you are not relying on any representations not contained in the official documentation
© 2025 Get Rich Quick Institute. All Rights Reserved.
*Results may vary. By "may vary" we mean "won't happen."