risk disclosure.

Crypto assets can lose most or all of their value quickly. Only use money you can afford to lose.

Stock Tokens are tokenized debt securities issued by Robinhood Assets (Jersey) Limited. They track a share price but do not make you a shareholder and may not give you voting or other shareholder rights. They may not be available, or legal to hold, where you live. Check the issuer’s terms.

The issuer can pause Stock Token transfers, block addresses, burn tokens and change how the token contract works. While a Stock Token is paused, claims and refunds of drops in that token stop until it resumes. If an address is blocked, it cannot receive a gift or a refund in that token. These controls belong to the issuer, not to BagDrop, and BagDrop cannot undo them.

Anyone can create a token. Many are worthless, and some copy the names of real assets. BagDrop labels look-alike tickers as Unverified, but no label is a guarantee.

BagDrop runs on smart contracts. Even tested and reviewed code can contain bugs that lead to lost funds.

Robinhood Chain is a new network. It can slow down, stop, or change how it works, which can delay claims, refunds and prices.

If you lose access to your wallet, nobody can recover your funds. BagDrop will never ask for your seed phrase. Always check that you are on the official BagDrop site before you sign anything.

A verified bag proves that someone holds a token at a point in time. It does not make their call right, and they can sell at any moment.

Gifts, tips and trades can have tax consequences where you live. You are responsible for your own taxes.