Terms of Service

RISK WARNING. Tokens launched on glow are memecoins. They have no utility, give no rights and carry no promise of value. Their prices can change sharply and can fall to zero. Because the Platform has no slippage limit, a trade can execute at a price very different from the one you were shown. Only use funds you can afford to lose completely. Nothing on the Platform is investment, financial, legal or tax advice. Read the Risk Disclosure before you use the Platform.

Summary of these Terms

This summary is only for convenience and is not part of the Terms. If it differs from the Terms, the Terms apply.

• glow is a website for launching and trading memecoins on Solana. It works through third-party smart contracts (Meteora) and our own on-chain program. We never hold your private keys.
• You must be 18 or older. You must not be in a sanctioned or restricted place, and you must not be on a sanctions list.
• Each launch costs a platform fee of 0.01 SOL plus the Solana network costs of creating the token (about 0.018 SOL for a Standard Launch and about 0.020 SOL for a Nominated Launch in total at current rates). Neither is refundable. After launch, no one can change a token's name, symbol, image or creator fee.
• You can nominate a social account, by username only, to receive a token's creator fee. The person behind that account was not asked, is not affiliated with the token and does not endorse it. We never contact nominees.
• If a nominee does not claim within the claim window, declines, or later stops receiving, the creator fee goes permanently to the fallback chosen at launch. The default fallback is buyback and burn; the other option is holder distributions. If a fallback stops running for a long time, anyone can switch it to the other option. Very small fallback balances, the fallback balance of a token whose graduated pool its operator has disabled, and funds sent to our program accounts by mistake may be recovered to our treasury.
• Every trade on the bonding curve pays a creator fee, a 1% platform fee and a share kept by the liquidity protocol. After graduation, the pool charges a fixed fee. There is no slippage setting, so you accept that the price can move a lot between the quote and the trade.
• We can hide tokens on our website, but we cannot change or delete anything on the blockchain.
• Disputes go to individual arbitration, and class actions are waived.

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1. About these Terms

1.1 These Terms of Service ("Terms") are an agreement between you and [Company Legal Name], whose registered address is [Registered Address] ("glow", "we", "us" or "our"). They govern your access to and use of the website at https://www.glowlink.fun, its interfaces and APIs, and any other service we provide that links to these Terms (together, the "Platform").

1.2 You agree to these Terms if you click to accept them or if you use the Platform in any way. Using the Platform includes connecting a wallet, signing in, launching a token, trading, claiming, declining or stopping a creator fee, and blocking nominations. By agreeing, you also accept the documents listed in Section 1.3 and confirm that you have read our Privacy Policy. If you do not agree, do not use the Platform.

1.3 The following documents are part of these Terms: (a) the Creator Claim Terms, which apply to anyone who signs in to claim, decline or stop receiving a creator fee, or to block nominations; (b) the Risk Disclosure and Fee Schedule, made up of the Risk Disclosure (Part 1) and the Fee Schedule (Part 2); (c) the Content & Nomination Policy; (d) the IP and Impersonation Complaints Policy; (e) the Sanctions and Restricted Jurisdictions Notice; and (f) the Security and Anti-Phishing Guide. If one of these documents conflicts with these Terms on the topic it covers, that document applies to that topic. In every other case these Terms apply. The Privacy Policy explains how we handle personal data.

1.4 When you accept these Terms, you confirm that you are at least 18 years old and that you meet all the other eligibility requirements in Section 3.

1.5 If you use the Platform for a company or other organisation, you accept these Terms on its behalf and confirm that you have authority to bind it. In that case, "you" also means that organisation.

2. Key terms

These words have the following meanings in these Terms.

• Account Owner: the person who controls a social account with a given username on a Supported Social Platform at a given time.
• Bonding Curve: the automated pricing curve on which a token trades after launch. It is run by Meteora's Dynamic Bonding Curve program.
• Claim Window: the period of 3 to 21 days, chosen by the Launcher, that starts when a Nominated Launch is created. During it, the Account Owner of the Nominated Username can claim or decline the Creator Fee.
• Creator Fee: the part of a token's trading fees set aside for the creator-fee recipient. On the Bonding Curve it is the rate the Launcher chose at launch. After Graduation it is the share of the Graduated Pool's fee earned by the locked liquidity position held for the creator-fee recipient.
• Escrow Program: the smart contract we deployed on Solana that controls the Creator Fees of Nominated Launches.
• Fallback: the permanent destination of a Nominated Launch's Creator Fees, chosen at launch. It is either Buyback & Burn or Holder Distributions (Section 10). It can switch from one to the other only under the liveness rule in Section 10.6.
• Graduation: the moment a token's Bonding Curve completes and its liquidity moves to a Graduated Pool.
• Graduated Pool: the Meteora DAMM v2 pool that a token's liquidity moves to at Graduation.
• Launcher: the person who launches a token through the Platform, including anyone acting for them or on their instructions.
• Nominated Launch: a launch in which the Launcher names a Nominated Username to receive the Creator Fee.
• Nominated Username: the username on a Supported Social Platform that the Launcher enters when creating a Nominated Launch.
• Official Sign-in: the sign-in flow on the Platform that uses a Supported Social Platform's authorisation service (OAuth).
• Platform Fee: our fee. On the Bonding Curve it is 1% of trade value. After Graduation it is the share of the Graduated Pool's fee earned by our locked liquidity position. We keep no Platform Fee on Buyback & Burn purchases (Fee Schedule, Section 22.6).
• Protocol: the third-party smart contracts the Platform uses (currently Meteora's Dynamic Bonding Curve and DAMM v2 programs) and the Solana network.
• Standard Launch: a launch in which the Launcher receives the Creator Fee.
• Supported Social Platforms: X, TikTok, Instagram, YouTube, Kick and GitHub, and any other platform we add and list on the Platform.
• Treasury: our platform wallet recorded in the Escrow Program, which receives the balances we recover under Section 10.7.
• User Content: anything you submit to the Platform, such as a token's name, symbol, image, description and links.
• Wallet: a Solana wallet you use with the Platform. It can be a third-party wallet you connect or an embedded wallet provided by Privy.

3. Eligibility

3.1 You may use the Platform only if all of the following are true: (a) you are at least 18 years old and have full legal capacity to accept these Terms; (b) you are not located in, ordinarily resident in, or organised under the laws of a country or territory under comprehensive sanctions, or any of the following restricted jurisdictions: [Restricted Jurisdictions] (together, "Restricted Jurisdictions"); (c) you are not named on, or subject to, a sanctions list kept by the United Nations, the United States, the European Union, the United Kingdom or [Governing Law Jurisdiction] ("Sanctions Lists"), and you do not act for, and are not owned or controlled by, anyone who is; (d) we have not previously suspended you or barred you from the Platform; and (e) the laws that apply to you allow you to use the Platform and to acquire, hold and trade digital assets.

3.2 You must not use a VPN, proxy, location-spoofing tool or any other method to hide where you are or to get around this Section.

3.3 We block access from some locations based on IP address, and we screen wallet addresses against sanctions and risk data. If our checks suggest that a person, Wallet or location is not eligible, we may do any of the following, even if the result later proves wrong: block access, refuse to prepare a transaction, or refuse to co-sign a claim or decline. A Wallet on the sanctions screening list we use is excluded from Holder Distributions; its share goes to the other eligible holders, and we do not keep it (Section 10.3). The Sanctions and Restricted Jurisdictions Notice explains these checks in more detail.

3.4 These eligibility rules also apply to Account Owners. An Account Owner must be at least 18 years old to claim a Creator Fee.

4. What the Platform is and is not

4.1 An interface. The Platform is a software interface. It helps you prepare transactions and send them to smart contracts on the Solana blockchain, including the Protocol and the Escrow Program. Those smart contracts and the Solana network carry out the transactions. We do not.

4.2 Non-custodial. We do not hold your private keys. We cannot access, move, freeze or recover the assets in your Wallet. You sign every transaction from your Wallet yourself. The Creator Fees of Nominated Launches build up inside the Protocol's pools and are controlled by the Escrow Program under its rules. They are not held in a wallet that we control.

4.3 What we are not. We are not a broker, dealer, exchange, trading venue, market maker, investment adviser, portfolio manager, custodian or bank. We do not place orders for you, make a market in any token, or match buyers with sellers. We do not offer or sell securities or any other financial instruments.

4.4 Tokens. Each token launched through the Platform is an SPL Token-2022 token created by its Launcher. It has a maximum supply of 1,000,000,000 (6 decimals); no more can ever be minted, and Buyback & Burn permanently reduces the supply. These tokens are memecoins. They have no utility and come with no promise of value. They give holders no rights of any kind, including no right to profits, revenue, governance or redemption and no claim against us, the Launcher or any Account Owner. We do not create, issue, review, vet or endorse tokens launched by users. A token's appearance on the Platform (in a list, ranking, search result, feature or anywhere else) is not a recommendation.

4.5 No advice. Nothing on the Platform, in our communications or from our staff is investment, financial, trading, legal, tax or other professional advice. You make your own decisions and are solely responsible for them. You should consider getting independent advice.

4.6 No fiduciary duty. To the fullest extent the law allows, we owe you no fiduciary or advisory duty.

4.7 Data and availability. The Platform may sometimes be unavailable, slow or wrong. The data we show (such as prices, market capitalisation, charts, holder lists and fee estimates) comes from on-chain records and third-party sources, and it may be delayed or inaccurate. The blockchain record is the authoritative source.

5. Platform controls

5.1 We keep some controls over the Escrow Program and the Platform. We need them so that the claim process works and so that we can respond to security incidents. You acknowledge the following: (a) Attester key. A claim or decline is valid only if our attester key co-signs it. Our systems co-sign only after Official Sign-in confirms that the person is signed in to the Nominated Username on the right Supported Social Platform. They also run the other checks in these Terms and the Creator Claim Terms, including eligibility and sanctions screening. (b) Administrative functions. A multisignature wallet holds the Escrow Program's administrative functions. Any change made with them takes effect only after a time delay (timelock). Only this multisignature wallet can lift a pause or appoint keys. (c) Emergency guardian. An emergency guardian key can, at once: pause new nominations; pause claims and declines; pause Fallbacks (Buyback & Burn and Holder Distributions); revoke the attester key; revoke the distributor key; and cancel a Holder Distribution round. It cannot lift a pause or appoint keys. We use it only to respond to suspected compromise, abuse, software faults or legal requirements. (d) Distributor key. For Holder Distributions, our off-chain systems (the distributor key) compute each round and choose the recipients from public data under the published rules (Section 10.3). Each round is public for a day before it can be paid. Anyone can check it during that day, and the guardian can cancel it. (e) Recovery. The multisignature wallet, and for dust and SOL sent to our program accounts by mistake also our automated keeper, can recover stuck balances (SOL to our Treasury; tokens to a token account the multisignature wallet controls), but only in the cases listed in Section 10.7. These functions can never take Creator Fees owed to an Account Owner who is receiving them.

5.2 While claims are paused, or while the attester or Official Sign-in is unavailable, Account Owners may not be able to claim or decline. While Fallbacks are paused, buybacks, new Holder Distribution rounds and Holder Distribution payments stop, the funds stay in the token's Fallback, no Fallback can be switched under Section 10.6, and no Fallback vault can be recovered as dust or as abandoned under Section 10.7. The time of the pause never counts toward the periods in those Sections.

6. Sign-in, wallets and security

6.1 Wallets. You need a Wallet to launch, trade or claim. You can connect a third-party Solana wallet that you control. You can also use an embedded wallet, created with a passkey or an email address and provided by Privy, a third party. Privy's own terms and privacy policy apply to embedded wallets. You can export the private key of an embedded wallet. We do not hold the private key of any Wallet.

6.2 Your responsibility. You alone are responsible for your Wallet, private keys, seed phrases, passkeys, email account and devices, and for every transaction signed with them. If you lose any of them or someone else gets access to them, we cannot recover your assets or reverse your transactions.

6.3 Official Sign-in. We use Official Sign-in only to confirm who controls a social account, for claims, declines, stopping and blocking nominations. When you sign in, we ask the Supported Social Platform only for your username, plus the display name and profile photo we show back to you. We revoke the access token as soon as we have read the username. We never post for you and never read your messages. Each Supported Social Platform's own terms still apply to your use of that platform. If you use Official Sign-in with YouTube, you also agree to be bound by the YouTube Terms of Service (https://www.youtube.com/t/terms). Google's handling of your data is covered by the Google Privacy Policy (https://policies.google.com/privacy). You can review or remove our access at https://security.google.com/settings/security/permissions, and Section 7 of the Privacy Policy explains how we use YouTube API Services.

6.4 Phishing. We never contact nominees and never send the first message about a nomination or a Creator Fee. We will never ask for your seed phrase, private key or social media password. If a message claiming to come from us asks you to claim, pay, connect a Wallet or share credentials, treat it as a scam. Use the Platform only at https://www.glowlink.fun. The Security and Anti-Phishing Guide explains how to check claim links and tokens.

6.5 Privacy. The Privacy Policy explains what personal data we process and why. Blockchain data is public and permanent. This includes your Wallet address and transactions, and each nomination record, which contains the Nominated Username. Neither we nor anyone else can delete blockchain data.

7. Launching a token

7.1 How a launch works. When you launch a token, the Platform prepares transactions that: (a) create the token with the name, symbol, image and other details you provide; (b) create its Bonding Curve on Meteora's Dynamic Bonding Curve program with the Creator Fee tier you choose; and (c) for a Nominated Launch, register the nomination with the Escrow Program. You review these transactions and sign them from your Wallet.

7.2 Graduation. A token's Bonding Curve completes when it reaches the graduation threshold: 85 SOL held by the curve, the same point at which a pump.fun curve completes. Its liquidity then moves to a Graduated Pool on Meteora DAMM v2 and is permanently locked, so no one can withdraw it. We do not guarantee that any token will graduate. Graduation does not mean that a token has value, has liquidity, or is endorsed by anyone.

7.3 Launch cost. Each launch costs a platform launch fee of 0.01 SOL, paid from your Wallet to us when you sign the launch. Your Wallet also pays the Solana network directly for the launch: the rent deposits for the token, its pool and their accounts (and, for a Nominated Launch, the nomination record), and the transaction fee. We show the total before you sign; at current network rates it is about 0.018 SOL for a Standard Launch and about 0.020 SOL for a Nominated Launch. These rent deposits stay locked in the token's accounts and cannot be recovered. Once the launch is confirmed on-chain, neither the launch fee nor the network costs are refundable, including when the token never trades, never graduates, or is hidden on the Platform, and including when the launch contains a mistake such as a misspelled username.

7.4 First buy. You may buy some of the token yourself as part of the launch (the "first buy"). The first buy cannot be larger than the Bonding Curve, meaning the amount of SOL needed to reach the graduation threshold. A first buy is a trade: it pays the same trading fees as any other trade, and Section 12 applies to it. A first buy at or near the limit may complete the Bonding Curve and make the token graduate straight away. The first buy is not part of the launch cost.

7.5 Your responsibilities as a Launcher. You are solely responsible for every token you launch and for all the information you provide. You confirm that: (a) the token's name, symbol, image, description, links and other details are accurate and not misleading, and do not infringe anyone's rights, including intellectual property, privacy and publicity (personality) rights; (b) you do not impersonate any person, brand, project or organisation, or falsely suggest a connection with one. This includes us, any Supported Social Platform, and the owner of any Nominated Username; (c) you will not present the token as an investment. You will not promise or suggest profits, returns, price rises, exchange listings or future development, and you will not describe Creator Fees, Buyback & Burn or Holder Distributions as a return for holders; (d) you will follow the Content & Nomination Policy and all applicable laws, including securities, consumer-protection, advertising and marketing laws; and (e) any side arrangement you make with anyone about a token or its Creator Fee is only between you and them, and we are not a party to it.

7.6 Settings you cannot change. After launch, you cannot change the token's name, symbol or image, its Creator Fee tier, or whether it is a Standard or Nominated Launch. For a Nominated Launch, you also cannot change the Supported Social Platform, the Nominated Username, the Claim Window or the Fallback. These settings are recorded on-chain, and the Platform gives neither you nor us any way to change them. The only exception is the liveness switch of the Fallback in Section 10.6, which can happen only after the Fallback has stopped running for the period stated there. Check everything carefully before you sign.

7.7 Standard Launch. In a Standard Launch, the Creator Fee is paid to the Launcher, or becomes claimable by the Launcher, under the Protocol's rules.

8. Nominated launches: rules for Launchers

8.1 What a nomination is. In a Nominated Launch, you do not receive the Creator Fee yourself. Instead, you name a social account on a Supported Social Platform, identified by its username only, to receive it. At launch you choose the Supported Social Platform, the Nominated Username, a Claim Window of 3 to 21 days, and a Fallback. The default Fallback is Buyback & Burn; the other option is Holder Distributions.

8.2 No Creator Fee for the Launcher. In a Nominated Launch, the Launcher receives no part of the Creator Fee. A Launcher must not claim the Creator Fee of a token they launched, or help anyone else claim it for them. This includes nominating an account the Launcher controls or later gains control of. We may refuse to co-sign a claim that we reasonably believe is made by the Launcher or for the Launcher.

8.3 Matching is by username only. A nomination is linked only to the exact username you type on the Supported Social Platform you choose. It is not linked to a particular person, to the account's history, to its display name or to any verification badge. You must enter the username exactly as it is. We cannot correct typos, and you cannot change the username after launch. Usernames can be changed, released, sold, reassigned or recovered. Whoever controls the username when they use Official Sign-in during the Claim Window can claim. You accept that the Creator Fee may go to someone other than the person you had in mind, or to the Fallback.

8.4 No affiliation and no endorsement. No one asked the Account Owner of a Nominated Username before the launch. The Account Owner is not affiliated with the token, and did not create, approve, sponsor or endorse it. You must not say or suggest otherwise, in the token's details or anywhere else. A nomination is not an endorsement by the Account Owner or by us. Claiming, declining or doing nothing is not an endorsement either. A claim does not oblige the Account Owner to promote, manage, support or hold the token.

8.5 We never contact nominees. We do not notify, message, tag or otherwise contact Account Owners about nominations. Each Nominated Launch has a public claim link, which the Launcher may share. If you share it, you must do so lawfully and within each Supported Social Platform's rules. You must not spam, harass or mislead the Account Owner or anyone else, and you must not suggest that the message comes from us.

8.6 The nominee's name stays visible. The Nominated Username and the Supported Social Platform are stored in the nomination record on the blockchain, where they are public and permanent. The Platform also shows them, and they stay visible after the Claim Window ends and after a decline. We may still hide a token on the Platform under Section 14.

8.7 Blocked accounts. An Account Owner can use Official Sign-in to block future nominations of their account. You cannot create a Nominated Launch for a blocked username. A block does not affect nominations made before it. We may also refuse a Nominated Launch for any username under the Content & Nomination Policy.

8.8 Your risk as a Launcher. You accept that the Creator Fee may never be claimed and may go to the Fallback.

9. Claims, declines and stopping (for Account Owners)

9.1 The Creator Claim Terms govern claims, declines, stopping and blocking nominations. Anyone who does any of these accepts the Creator Claim Terms. In summary: (a) Who can act. During the Claim Window, whoever signs in through Official Sign-in with exactly the Nominated Username can claim or decline. The Claim Window is measured by the time recorded on the blockchain. (b) Claim. The Account Owner gives a Wallet address. They then receive the Creator Fees held for the nomination and all future Creator Fees for that token, paid to that Wallet. (c) Decline. No Wallet is needed. The held Creator Fees and all future Creator Fees go permanently to the Fallback. (d) Stop receiving. After claiming, the Account Owner can choose to stop receiving at any time. Creator Fees owed up to that point, including fees earned by the locked liquidity position after Graduation, are paid to the Account Owner first, in the same transaction. All later Creator Fees go permanently to the Fallback. (e) Expiry. If no one claims or declines before the Claim Window ends, the held Creator Fees and all future Creator Fees go permanently to the Fallback. A late claim cannot reverse this. (f) Eligibility. To claim, the Account Owner must be at least 18 years old and meet the rest of Section 3.

9.2 An Account Owner has no duty to the token, its Launcher or its holders, whether they claim, decline or do nothing.

9.3 Claimed Creator Fees may be taxable (Section 20).

10. Fallbacks

10.1 When the Fallback applies. For a Nominated Launch, Creator Fees go permanently to the Fallback chosen at launch in any of these cases: (a) the Claim Window ends without a claim, in which case the held Creator Fees and all future Creator Fees go to the Fallback; (b) the Account Owner declines, in which case the held Creator Fees and all future Creator Fees go to the Fallback; or (c) the Account Owner stops receiving, in which case all Creator Fees after that point go to the Fallback. Once the Fallback applies, it cannot be reversed. This is true even if someone later tries to claim.

10.2 Buyback & Burn (default). Creator Fees are used to buy the token on the market, and every token bought is burned in the same transaction, which destroys it permanently. Purchases are made in batches of 0.01 to 2 SOL, at most about 2 SOL per hour per token on average, and each purchase may move the price only about 1% on average. Our keeper runs buybacks first, at random times. Anyone may run a buyback that has been due for 6 hours, so buybacks can continue if we stop operating. Buybacks may pause if the pool's fee is changed by its operator or while the token is graduating. The detailed parameters are published on the Platform. A buyback pays the venue's trading fee like any other trade, but we keep no Platform Fee on it (Fee Schedule, Section 22.6). No one keeps tokens bought this way. Buyback & Burn does not promise any effect on price, and it does not support, stabilise or guarantee the price of a token.

10.3 Holder Distributions. Creator Fees are paid in SOL, in rounds, to eligible holders of the token. No distribution is made before the Claim Window ends, even if the Account Owner declines or stops receiving early. In summary: (a) each round covers the period since the previous round ended (the first round covers the period from launch, from the moment the Account Owner stopped receiving or, after a switch under Section 10.6, from the switch); (b) each holder's share is based on their balance multiplied by the time they held it during that period, computed from public transaction history; (c) only wallets that held an average of at least 100,000 tokens over the period are eligible; (d) pools and vaults, our own accounts and keys, the Launcher and wallets it funded, listed exchanges, wallets on the sanctions screening list we use, and wallets that cannot receive SOL are excluded; the share an excluded wallet would have received goes to the other eligible holders and is not kept by us; and the reason for each exclusion is published; (e) payouts are at least 0.001 SOL; smaller amounts, and amounts of rounds or batches that could not be paid, carry over as credit to the same holder in later rounds, and credits expire after 90 days and return to the pot; (f) a round normally runs when at least 0.25 SOL of new fees is waiting (or, if no round has run for 30 days, when at least 0.05 SOL is waiting); its dataset is published and its hash recorded on-chain, and it becomes payable 24 hours later; and (g) once a round is payable, anyone may execute its payment. Section 13 of the Risk Disclosure sets out these rules in more detail, and the parameters are published on the Platform. We apply the eligibility rules as published. They may exclude any wallet, including a wallet that is excluded by mistake. You must not split holdings across wallets or use any other technique to increase your share.

10.4 Holder Distributions are not dividends. Holder Distributions are not dividends, interest, yield, profit sharing or a return on investment. No holder has a right to receive them. The amount depends entirely on trading activity and may be zero. Do not buy or hold a token in order to receive Holder Distributions.

10.5

10.6 Liveness switch. So that Fallback funds do not stay stuck, the Escrow Program has a dedicated function that anyone can use to switch a Fallback that has stopped running to the other one: (a) if the Fallback is Holder Distributions, no round has run for 90 days (counted from the end of the Claim Window at the earliest) and none is open, the token can be switched permanently to Buyback & Burn; and (b) if the Fallback is Buyback & Burn, the Creator Fees collected into the token's Fallback vault have reached a batch of 0.1 SOL, and no buyback has followed for 30 days (which means buybacks are failing, for example because the pool's operator disabled the pool or changed its fee outside the normal range), the token can be switched permanently to Holder Distributions, and the first round then covers the period from the switch. The period in (a) runs from when the Fallback began to apply or, if later, from the last buyback or round. Time while Fallbacks are paused never counts toward either period. A switch is recorded on-chain and cannot be undone. The token keeps the new Fallback unless that Fallback in turn stops running for the period that applies to it. Creator Fees never go back to the Account Owner. Section 12.5 of the Risk Disclosure gives the details.

10.7 Recovery of stuck balances. So that no balance stays locked for good, the Escrow Program lets us recover the following to our Treasury, and we may use what we recover, for example to run the Platform: (a) dust: the whole balance of a token's Fallback vault (including its rent-exempt minimum) when it holds 0.01 SOL or less, no round is open, and no Fallback has run and no Creator Fees have arrived for 30 days; (b) abandoned vaults: the whole balance of a token's Fallback vault, but only when the operator of the token's Graduated Pool has disabled that pool (so that no buyback can run), no round is open, and no Fallback has run and no Creator Fees have arrived for 180 days; a token that can still be traded on its Bonding Curve or Graduated Pool is never treated as abandoned; and (c) mistaken transfers: SOL sent by mistake to a token's escrow account, to our program's records (a token's nomination record or the Escrow Program's settings account), or to a token's Fallback vault while that token's Creator Fees do not go to the Fallback (while the Claim Window is still open, or while an Account Owner is receiving them); and tokens sent by mistake to a token account held by a token's escrow account, a token's Fallback vault or our Treasury, which go to a token account controlled by our multisignature wallet rather than to the Treasury. SOL sent to a Fallback vault once the Fallback applies becomes part of that token's Fallback. Time while Fallbacks are paused never counts toward the periods in (a) and (b). These functions can never take a liquidity position held for a nominated token (including the NFT that represents it), the tokens held by a Buyback & Burn vault (the next buyback burns them), the balance of an open distribution round, or Creator Fees owed to an Account Owner who is receiving them. Do not send SOL or tokens to our program accounts. Section 12.6 of the Risk Disclosure gives the details.

11. Fees

11.1 Fee Schedule. The Fee Schedule lists every fee. If this Section and the Fee Schedule differ, the Fee Schedule applies.

11.2 Launch fee. 0.01 SOL per launch, plus the network costs of the launch (Section 7.3).

11.3 Trading fees on the Bonding Curve. Each trade pays: (a) the Creator Fee, at the tier the Launcher chose at launch: 0.5%, 1%, 2% or 3% of trade value; (b) the Platform Fee of 1% of trade value (on Buyback & Burn purchases we pay it back to the token's Fallback; Fee Schedule, Section 22.6); and (c) the liquidity protocol's share, since Meteora keeps 20% of the total fee.

11.4 Fees after Graduation. The Graduated Pool charges a fixed fee according to the tier: 188, 250, 375 or 500 basis points of trade value. The locked liquidity positions created at Graduation earn their shares of this fee, and those shares provide the Creator Fee and the Platform Fee after Graduation. Anyone can add liquidity to a Graduated Pool. People who do so earn part of the pool fee, which reduces the amount earned by the locked positions. The Fee Schedule shows any share kept by the Protocol.

11.5 Fixed for each token. A token's Creator Fee tier and its Graduated Pool fee are fixed for the life of the token. We may change the launch fee and the Platform Fee for future launches by updating the Fee Schedule. Such a change does not affect the on-chain fee settings of tokens that have already launched.

11.6 Other pools. We get no share of fees from pools other than a token's Bonding Curve and its Graduated Pool. No Creator Fee is collected through the Platform on trades in those other pools.

11.7 Network and third-party fees. Besides the launch costs in Section 7.3, you pay the Solana network fees (including any priority fees) for your transactions. Wallet providers and other third parties may charge their own fees.

11.8 Estimates and rounding. Fees shown before a transaction are estimates. The on-chain programs decide the actual amounts, which may differ slightly from the rounded percentages shown in these Terms and on the Platform.

11.9 No refunds. Fees are not refundable, except where the law requires a refund.

11.10 Recovered balances. Besides the fees above, we may receive the recovered balances described in Section 10.7 (dust, abandoned Fallback vaults and mistaken transfers). The Fee Schedule (Section 24.5) lists them.

12. Trading, prices and slippage

12.1 How trades work. The Protocol carries out trades made through the Platform. The Bonding Curve or Graduated Pool formula and other people's trades set the price. We do not set prices.

12.2 No slippage setting. The Platform does not offer a slippage limit. The price you pay or receive may be very different from the quote you saw, for example because other trades are processed before yours or because the network is busy. Other market participants, including automated programs, may see your transaction before it is confirmed and trade around it. The Platform does not restrict automated or early buying at launch. By trading, you accept high slippage, including prices far from the one shown.

12.3 Final and irreversible. Once you sign and submit a transaction, it cannot be cancelled. Once it is confirmed on-chain, it cannot be reversed. We cannot cancel, reverse or void any transaction.

12.4 Failed transactions. A transaction can fail or expire, for example because of network conditions. You may still pay network fees when it does.

12.5 Other venues. Anyone can trade tokens on other interfaces, pools and venues that we do not operate or control. These Terms do not apply to those venues, and we are not responsible for them.

13. Prohibited conduct

You must not do, try to do, or help anyone else do any of the following, whether on or off the Platform, where it concerns the Platform or tokens launched through it: (a) manipulate a market, for example through pump-and-dump schemes, coordinated buying or selling to mislead others, or spreading false or misleading information; (b) wash trade or trade with yourself to inflate volume, price, rankings or holder counts, or use multiple wallets, split holdings or sybil techniques to gain an unfair share of Holder Distributions; (c) run scams or fraud, including rug-pull schemes, fake claim links, phishing, or impersonating glow, its staff or its official accounts; (d) impersonate any person or organisation, falsely claim or imply an affiliation or endorsement, or create a nomination designed to mislead; (e) as a Launcher, claim or try to claim the Creator Fee of a token you launched, directly or through someone else; (f) gain control of a social account by hacking, fraud or any method that breaks the rules of the Supported Social Platform, in order to claim, decline or block; (g) harass, threaten, abuse, dox or target any person, including Account Owners; (h) submit illegal content, including child sexual abuse material, sexual content involving minors, terrorist content and content that incites violence or hatred, or anything else the Content & Nomination Policy prohibits; (i) infringe intellectual property, privacy or publicity rights; (j) use the Platform from a Restricted Jurisdiction, get around geoblocking or sanctions screening, or use someone else's Wallet or account to avoid a restriction; (k) launder money, finance terrorism or evade sanctions; (l) use a token or the Platform to raise capital, offer securities or run a pooled investment, or promise or suggest returns to holders; (m) interfere with the Platform, for example by hacking, exploiting a bug instead of reporting it, overloading our systems, reverse engineering our non-public code, or scraping or automating access to our website or APIs beyond any published limits; or (n) break any law or any third party's rights or rules, including the rules of a Supported Social Platform.

14. Your content, our licence and moderation

14.1 Ownership. You keep ownership of your User Content. You give us a worldwide, non-exclusive, royalty-free, transferable and sub-licensable licence to host, store, copy, display, adapt (for example resize or reformat) and distribute your User Content to operate, improve and promote the Platform. Token details may be stored on the blockchain or in permanent storage and may never be removable, so this licence continues for as long as the content exists.

14.2 Moderation. At our discretion, we may review User Content, refuse a launch or nomination, and hide or remove any token, User Content or nomination from the Platform's website and interfaces. This includes acting on reports of impersonation, involvement of minors, intellectual property infringement, illegal content or breaches of these Terms. We have no duty to monitor User Content.

14.3 Limits of moderation. Hiding something affects only our website and interfaces. We cannot delete or change tokens, pools, nomination records or any other on-chain data. A hidden token can still be traded through other interfaces and directly through the Protocol. Hiding a token does not change who receives its Creator Fee or its Fallback.

14.4 Reports. Anyone can report a token or User Content through the Platform's reporting tool or by emailing [Legal Email]. The Content & Nomination Policy explains how we review reports and handle appeals, and the IP and Impersonation Complaints Policy explains how intellectual property, impersonation and publicity complaints work.

14.5 Feedback. If you send us ideas or feedback, we may use them freely and owe you nothing for them.

15. Third-party services and smart-contract risk

15.1 Third-party services. The Platform relies on services that we do not control. These include the Protocol, the Solana network, RPC providers, Privy (for embedded wallets and sign-in), the Supported Social Platforms' sign-in services, hosting providers and a sanctions-screening provider. Their own terms apply to your use of their services. We are not responsible for their availability, performance, security or conduct. Mentioning a third party does not mean it has partnered with us or endorses us.

15.2 Smart-contract risk. Smart contracts, including the Protocol and the Escrow Program, may contain bugs or vulnerabilities, may be exploited, and may be changed by the people who control them. The Solana network may be congested, halt, fork or behave in unexpected ways. Any of these can cause delays, failed transactions, wrong outcomes or loss of assets, including Creator Fees.

15.3 Supported Social Platforms. A Supported Social Platform may change, restrict or end our access to its sign-in service, or may return incorrect data. If that happens, Account Owners on that platform may be unable to claim or decline, and Creator Fees may go to the Fallback when the Claim Window ends.

15.4 Links. The Platform may link to third-party websites and content. We do not control or endorse them and are not responsible for them.

16. Intellectual property

16.1 Our IP. We and our licensors own the Platform, including its software, design, text and graphics, and the glow name and logos. This does not include User Content or third parties' marks and content. As long as you follow these Terms, we give you a limited, personal, revocable, non-exclusive and non-transferable licence to use the Platform for its intended purpose.

16.2 Using our brand. You must not use our name or logos in a way that suggests a token, a person or a project is official, affiliated with us or endorsed by us, unless we have agreed in writing.

16.3 Third-party marks. X, TikTok, Instagram, YouTube, Kick, GitHub, Meteora, Solana, Privy and the other third-party names shown on the Platform belong to their owners. We use them only to identify the services concerned. None of those owners sponsors, endorses or is affiliated with glow or any token launched through the Platform.

16.4 Open-source code.

16.5 Complaints. The IP and Impersonation Complaints Policy sets out how to report infringement of intellectual property or publicity rights.

17. Disclaimers

17.1 TO THE FULLEST EXTENT THE LAW ALLOWS, THE PLATFORM, THE ESCROW PROGRAM AND ALL CONTENT AND DATA ARE PROVIDED "AS IS" AND "AS AVAILABLE", WITHOUT ANY WARRANTY OF ANY KIND, WHETHER EXPRESS, IMPLIED OR STATUTORY. THIS INCLUDES ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY OR UNINTERRUPTED OR ERROR-FREE OPERATION.

17.2 IN PARTICULAR, WE DO NOT PROMISE OR GUARANTEE: (a) THE VALUE, LIQUIDITY OR PERFORMANCE OF ANY TOKEN, OR THAT ANY TOKEN WILL GRADUATE; (b) THAT ANY CREATOR FEE, PLATFORM FEE, BUYBACK & BURN OR HOLDER DISTRIBUTION WILL BE CHARGED, PAID OR CARRIED OUT IN ANY AMOUNT, AT ANY TIME OR AT ANY PRICE; (c) THAT OFFICIAL SIGN-IN, OUR SCREENING OR OUR IDENTIFICATION OF EXCLUDED WALLETS WILL BE ACCURATE; OR (d) THAT ANY INFORMATION ON THE PLATFORM IS COMPLETE, ACCURATE OR UP TO DATE.

17.3 Risks you accept. You understand and accept the risks described in these Terms and in the Risk Disclosure. They include: extreme price volatility and total loss; lack of liquidity; high slippage and front-running; smart-contract failures and exploits; changes to the Protocol or the Solana network; network outages; loss or theft of keys; phishing and impersonation; transfers of usernames between people; outages or restrictions of Supported Social Platforms; changes in law or regulation; and tax consequences.

17.4 Some jurisdictions do not allow certain warranties to be excluded. In those jurisdictions, the exclusions in this Section apply to the fullest extent the law allows.

18. Limitation of liability

18.1 TO THE FULLEST EXTENT THE LAW ALLOWS, [COMPANY LEGAL NAME], ITS AFFILIATES AND ITS AND THEIR DIRECTORS, OFFICERS, EMPLOYEES, CONTRACTORS AND AGENTS (THE "GLOW PARTIES") WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, DATA, GOODWILL OR DIGITAL ASSETS, ARISING OUT OF OR RELATING TO THE PLATFORM OR THESE TERMS. THIS APPLIES EVEN IF WE WERE TOLD SUCH DAMAGES WERE POSSIBLE.

18.2 TO THE FULLEST EXTENT THE LAW ALLOWS, THE GLOW PARTIES WILL NOT BE LIABLE FOR LOSSES CAUSED BY: (a) THE PROTOCOL, THE SOLANA NETWORK, WALLET PROVIDERS, SUPPORTED SOCIAL PLATFORMS OR ANY OTHER THIRD PARTY; (b) THE ACTIONS OR OMISSIONS OF LAUNCHERS, ACCOUNT OWNERS, TOKEN HOLDERS OR OTHER USERS; (c) TRANSACTIONS YOU SIGN, INCLUDING THOSE AFFECTED BY SLIPPAGE OR FRONT-RUNNING; OR (d) ANY EVENT OUTSIDE OUR REASONABLE CONTROL.

18.3 TO THE FULLEST EXTENT THE LAW ALLOWS, THE TOTAL LIABILITY OF THE GLOW PARTIES FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THE PLATFORM OR THESE TERMS IS LIMITED TO THE GREATER OF (A) US$100 AND (B) THE TOTAL LAUNCH FEES AND PLATFORM FEES YOU PAID IN THE [12] MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM.

18.4 Nothing in these Terms limits liability that the law does not allow to be limited, such as liability for fraud, or for death or personal injury caused by negligence.

18.5 You must bring any claim within [one year] after it arises, unless the law does not allow this limit.

19. Indemnity

19.1 To the fullest extent the law allows, you will indemnify and hold harmless the glow Parties against all claims, losses, liabilities, damages, costs and expenses (including reasonable legal fees) arising out of or relating to: (a) your use of the Platform; (b) your User Content; (c) any token you launch or any nomination you make; (d) your breach of these Terms; or (e) your breach of any law or of any third party's rights, including those of an Account Owner.

20. Taxes

20.1 You alone are responsible for working out, reporting and paying any taxes on your activity. This includes launching, trading, claiming Creator Fees and receiving Holder Distributions. Claimed Creator Fees and Holder Distributions may be taxable. We do not give tax advice.

20.2 We may collect information, report it to authorities or withhold amounts where the law requires.

21. Suspension and termination

21.1 You may stop using the Platform at any time.

21.2 We may suspend, restrict or end your access to the Platform at any time, without notice where the law allows. We may also refuse to prepare transactions, refuse to co-sign claims or declines, block Wallets, and hide tokens or User Content. We may do any of these if we reasonably believe you have broken these Terms, if the law or a sanctions rule requires it, to protect security or prevent fraud, or to protect other users or third parties.

21.3 We cannot freeze the assets in your Wallet or reverse on-chain transactions. The smart contracts keep running under their own rules even if the Platform is unavailable. Claims and declines, however, need our attester to co-sign them, and Holder Distribution rounds need our distributor key to open them (Section 5). Anyone may run a buyback that has been due for 6 hours, so Buyback & Burn can continue without us (Section 10.2). If no Holder Distribution round runs for 90 days, anyone can switch the token permanently to Buyback & Burn (Section 10.6), so Fallback funds do not stay stuck if we stop operating.

21.4 Sections 4, 7.5, 8.2 to 8.4, 10.4, 11.9, 12.3, and 13 to 25, and any other provision that by its nature should survive, continue to apply after these Terms end.

22. Dispute resolution, arbitration and class-action waiver

Please read this Section carefully. It affects your legal rights, including your right to go to court and to take part in a class action.

22.1 Informal resolution first. Before starting arbitration, you must email a written notice to [Legal Email] describing the dispute and the remedy you want. We will do the same before starting arbitration against you. The parties will try in good faith to resolve the dispute for [30] days after the notice is received.

22.2 Binding arbitration. Any dispute not resolved informally will be finally resolved by binding individual arbitration. This includes any dispute about these Terms, the Platform or the Escrow Program, and any dispute about whether this Section applies or is valid. The arbitration will be: (a) seated in [Arbitration Venue]; (b) run under the [Arbitration Rules] in force at the time; (c) decided by one arbitrator; and (d) conducted in English. Judgment on the award may be entered in any court with jurisdiction. The arbitration and its outcome are confidential unless the law requires otherwise.

22.3 Exceptions. Either party may bring an individual claim in a small-claims court with jurisdiction. Either party may also seek an urgent injunction in court to protect intellectual property or confidential information, or to stop a security threat.

22.4 Class-action waiver. You and we may bring claims against each other only in an individual capacity. Neither party may bring claims as a claimant or class member in any class, collective, consolidated or representative action. The arbitrator may not combine claims from more than one person without everyone's consent. If this class-action waiver is found unenforceable for a particular claim, that claim must go to court and not to class arbitration.

22.5 Mass claims. If [25] or more similar claims are filed by or with the help of the same law firm or organisation, the claims will be handled in staged batches. A small number of test cases will go first, and the other claims will wait until those are decided.

22.6 Opt-out. You may opt out of this arbitration agreement by emailing [Legal Email] within [30] days of first accepting these Terms. The email must include your name, your Wallet address(es) and a clear statement that you are opting out.

22.7 Mandatory consumer rights. Nothing in this Section removes any right that consumer-protection law in your place of residence gives you and that cannot be excluded by agreement.

23. Governing law

23.1 These Terms, and any dispute arising out of or relating to them or to the Platform, are governed by the laws of [Governing Law Jurisdiction]. Its conflict-of-laws rules do not apply. Subject to Section 22, the courts of [Governing Law Jurisdiction] have exclusive jurisdiction.

24. Changes

24.1 Changes to these Terms. We may change these Terms. When we do, we will publish the new version on the Platform and update the "Last updated" date. For material changes, we will give reasonable advance notice on the Platform where we reasonably can, at least [14] days before the change takes effect. If you keep using the Platform after a change takes effect, you accept the changed Terms. A change cannot alter the on-chain settings of tokens that have already launched.

24.2 Changes to the Platform. We may change, suspend or stop any part of the Platform at any time. This includes adding or removing features or Supported Social Platforms, and changing the fees for future launches through the Fee Schedule.

25. General

25.1 Entire agreement. These Terms, including the documents listed in Section 1.3, are the entire agreement between you and us about the Platform.

25.2 Severability. If a court or arbitrator finds part of these Terms invalid or unenforceable, that part will apply to the smallest extent needed, and the rest of the Terms will remain in force.

25.3 No waiver. If we do not enforce a right, or delay enforcing it, we have not waived it.

25.4 Assignment. You may not transfer your rights or obligations under these Terms without our written consent. We may transfer ours to an affiliate or to a successor in a merger, acquisition or sale of assets.

25.5 Force majeure. We are not responsible for delays or failures caused by events outside our reasonable control. These include network failures, failures of third-party services, attacks, changes in law and actions of authorities.

25.6 No third-party rights. Except for the glow Parties under Sections 18 and 19, no one else has rights under these Terms.

25.7 Relationship. These Terms do not create a partnership, joint venture, agency or employment relationship.

25.8 Notices and communications. We may send you notices through the Platform, by email if you have given us an address, or through our official social media accounts. You agree to receive communications electronically. You must send legal notices to [Legal Email].

25.9 Language. These Terms are written in English. If we provide a translation and it differs from the English version, the English version applies, unless the law requires otherwise.

26. Contact

[Company Legal Name] [Registered Address]

• General support: [Contact Email]
• Legal notices, intellectual property reports and requests from authorities: [Legal Email]
• Website: https://www.glowlink.fun

We will never ask for your seed phrase, private key or social media password, and we never contact nominees first.