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Legal documentRequired for platform useLast updated: August 17, 2026

Risk Disclosure

Risks of ElyxS draws, user-created content, prize custody, external organizers, wallets, smart contracts, asset metadata, and automation.

ElyxS is experimental blockchain software. Understand these risks before connecting a wallet, creating or joining a draw, or claiming a prize or refund.

1. Beta software risk

The beta may contain bugs, incorrect displays, unavailable services, broken integrations, or behavior that changes during testing.

Some features and conditions may depend on current platform configuration and the access available to the account. ElyxS shows current availability and cost before confirmation.

Do not rely on beta access for financial, legal, tax, operational, or time-sensitive decisions.

2. Testnet and no real value risk

The public beta uses Supra Testnet assets. Testnet tokens, tickets, prizes, payouts, fungible assets, NFTs, and balances have no real monetary value.

They are not redeemable for money or Mainnet assets. A third party that promises resale value or future conversion is not speaking for ElyxS.

3. Wallet risk

ElyxS does not store wallet keys or control assets that remain in your wallet. Losing the wallet used for a ticket, draw request, prize, refund, or revenue claim may make the related right unusable.

Prizes placed under contract custody are different: the smart contract holds the disclosed prize until a successful winner claim or an allowed pre-result return.

Wallet prompts can be confusing. Malicious sites or extensions may try to obtain signatures or secrets.

Never share a seed phrase or private key.

4. Blockchain finality and transaction risk

Blockchain transactions are usually irreversible. A mistaken amount, asset address, network, function, or signature may not be repairable.

A network interruption can leave the result unknown even when the transaction reached Supra.

Do not resubmit blindly. Check the ElyxS attempt status, wallet history, and SupraScan before signing the same action again.

5. Smart contract risk

Smart contracts may contain code, access-control, economic, upgrade, or integration defects.

A request for a user-created draw may remain pending, be completed later, be rejected, or be canceled before sales.

After completion, sales, dVRF, settlement, cancellation, claims, refunds, and revenue each have separate conditions. A UI estimate does not guarantee success.

Prize modes do not offer the same protection:

  • contract-custodied SUPRA, fungible assets, and NFTs are locked before an active draw and transferred by the smart contract after the winning wallet submits a successful claim;
  • an organizer-managed prize is not placed in contract custody.

For organizer-managed draws, the contract proves the participant set, randomness, and winners. It does not prove that the external prize exists or will be delivered.

Token and NFT issuers also control facts outside ElyxS. Metadata may be misleading, media can change or disappear, and an asset can have issuer controls or transfer restrictions.

For a user-created draw, the creation fee is credited toward the fee charged on successful sales. Estimates based on a ticket limit do not promise sales or organizer revenue.

6. Supra dVRF, Supra Oracle, and automation risk

ElyxS depends on Supra dVRF, Oracle data, RPC services, automation, data processing, and operational services.

These dependencies may lag or fail. A draw may be delayed, paused, canceled, or moved into a refund state when its lifecycle cannot complete safely.

Supra dVRF proves verifiable randomness. It does not prove delivery of an organizer-managed prize or the truth of external content.

7. Interface and displayed-data risk

The interface and supporting data may lag, miss recent events, or temporarily disagree with a wallet or explorer.

Review wallet prompts and use the correct deployment address. Treat the chain record as the source for final on-chain state.

8. Availability and security risk

ElyxS, wallets, RPC endpoints, browsers, storage, asset media, and blockchain infrastructure may be interrupted or attacked.

User-created titles, links, covers, and statements about prizes may be inaccurate, harmful, infringing, or fraudulent.

ElyxS can hide content from its interface but cannot rewrite an immutable on-chain commitment or guarantee that third-party copies disappear.

Do not follow unsafe links or treat platform visibility as an endorsement.

9. Regulatory and jurisdiction risk

Draws, paid entries, prizes, tokens, NFTs, and chance-based experiences may be restricted or regulated differently by jurisdiction.

Users and organizers are responsible for legality, licensing, prize restrictions, and other local requirements.

The ElyxS public beta is not offered for real-money gambling.

10. Sanctions and restricted-access risk

ElyxS may restrict access for users, wallets, regions, or traffic patterns that appear sanctioned, abusive, or legally uncertain.

Using technical tools to bypass those controls may violate the Terms of Use and applicable law.

11. Tax and reporting risk

Users and organizers are responsible for taxes and reporting that may apply to a future deployment or campaign with real-value assets.

ElyxS does not provide tax advice.

12. No advice and no guarantee

ElyxS does not provide legal, financial, tax, investment, security, or technical advice.

ElyxS does not guarantee availability, winning, asset value, organizer performance, refund eligibility, or future conversion of beta activity.

Use the platform only if you understand and accept these risks.

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