Signal Additional Terms

1. What Signal is

Signal is an experimental tool that lets creators launch an SPL token on Solana for a media project and lets anyone trade it through a Meteora liquidity pool. Signal, and the Etch service that performs the on-chain steps, are operated by Automaton Limited (film.fun). Signal is software, not an exchange, broker, adviser or custodian.

Signal currently runs against Solana devnet unless the page says otherwise. Devnet tokens have no value and can disappear when the network is reset.

2. What happens when you launch

• A new token is minted with the supply you chose. Mint authority is revoked, so nobody can mint more.
• Instant pool: the pool share you chose is paired with 0.1 SOL in a Meteora Dynamic AMM pool. That sets the starting price; it is not a valuation of your project. All of the pool's liquidity is locked permanently: the LP tokens are placed in Meteora lock escrows and cannot be withdrawn by you, by us, or by anyone else. Trading fees earned by the locked liquidity are split 90% to your wallet and 10% to the platform. Optional vesting is created on Streamflow.
• You claim your fee share yourself from your project page; we never hold it for you.
• Optional governance is created on Realms with the parameters you set.
• Launches are performed by an automated hot wallet. If it runs low on SOL your launch waits; nothing is charged.

3. Creator responsibilities

• You own the rights to the name, image and description you attach to a token.
• You are responsible for anything you promise holders, on Signal, on Studio or anywhere else.
• You are responsible for tax, reporting and any licences required where you live.
• Do not launch a token to deceive, to raise money you intend to keep, or for anything illegal.

4. No guarantee of value

A Signal token is not a share, security, loan, deposit or promise of anything. It may trade at zero. We do not promote, price or make markets in any token. Nothing on Signal is financial advice. Read the risk disclosure before you launch or trade.

5. Governance limits

A DAO created through Signal is a Realms realm with a token treasury. Proposals can only move treasury tokens; they cannot force a creator to deliver content, unlock liquidity, or change the token. Milestones reported by Studio are informational. The DAO decides whether to release a tranche, and Signal only surfaces the vote. Passed proposals wait 24 hours before they run, and the creator (or the council-token holder named at launch) can veto community proposals.

6. Our limits

Signal is provided as-is. Blockchains, wallets, RPC providers, Meteora, Streamflow and Realms are outside our control and can fail, pause or change. To the fullest extent the law allows, we are not liable for lost tokens, lost SOL, failed launches, price movements, or anything a third-party service does. We may change or withdraw Signal at any time; on-chain state stays on-chain.

7. Contact

Questions about these terms: hello@film.fun.