Risks
Market risk
Section titled “Market risk”- Coin price. Set by the curve and by other traders. Creators and early wallets can sell into you. Check Launch transparency before buying.
- Q2 price. Q2 tracks GOOGL and NVDA. Stock prices move, and they do not trade on weekends while Solana does, so on-chain prices can gap when markets reopen.
- Liquidity. GOOGLx and NVDAx have far less on-chain liquidity than SOL. Large mints and redeems can move their prices.
Technical risk
Section titled “Technical risk”- Unaudited code. QuantArk’s program and its cryptography have not been audited.
- Third-party programs. Trading depends on Meteora’s DBC and DAMM v2. The canary depends on Qanary’s account. Q2 depends on the xStock issuer.
- Q-day protection is partial. See the Security model. The recovery claim does not exist yet.
- Lost Lifeboat file. If you lose it, QuantArk cannot restore it.
Legal and regulatory risk
Section titled “Legal and regulatory risk”- xStocks are tracker certificates, which are securities issued under a prospectus. Q2 wraps them. The status of a basket like Q2 differs by country and has not been settled.
- US persons will be excluded, as they are by the xStock issuer.
- Nothing in these docs is financial, legal or tax advice.
Status
Section titled “Status”QuantArk is on devnet. Devnet tokens have no value and devnet can be reset. Mainnet is not live.