Terms and risks
Last updated 1 October 2026
Read this before you use greenshoe.xyz or hold Greenshoe tokens. By using the site, connecting a wallet to it or signing a transaction it prepares, you agree to what follows. If you don't, don't use it.
What Greenshoe is
Greenshoe is an on-chain reserve on Robinhood Chain and the website around it, built and run by the Greenshoe team. It is not a company, a broker, an exchange, a bank, a fund or an adviser. The site is software: it reads public blockchains and prepares transactions that you review and sign in your own wallet. We never hold your funds or your keys, and we can't reverse, cancel or recover a transaction once you sign it.
No advice, no promises
Nothing on the site, in our posts or from our bots is financial, investment, legal or tax advice, or an offer to buy or sell anything. Greenshoe tokens give you no rights: they are not shares, debt, a claim on any company or a promise of profit, income or value. Their one on-chain feature is the one the code describes: the reserve contract lets any holder burn tokens for a pro-rata share of what it holds, minus 2%. The reserve is not a price floor, and it can be worth far less than the token trades for. You can lose everything you put in.
What the founder does
The founder receives 60% of the reserve contract's fee income, chooses which Stock Token the reserve buys and the most it may pay for it (each choice is public for 3 days before any purchase, so holders can redeem first), and runs this site, the keeper and the bots. The founder can stop running them at any time. The contracts keep working without them: anyone can trigger their functions, and holders can always redeem.
Who can't use it
You may not use the site to transact, or hold or trade Greenshoe tokens or Stock Tokens through it, if you are in, a resident or citizen of, or acting for someone in the United States and its territories (Puerto Rico, Guam, the US Virgin Islands, American Samoa, the Northern Mariana Islands); Canada; the United Kingdom; Switzerland; Cuba, Iran, North Korea, Syria, Russia, Belarus, Ukraine’s occupied regions, Myanmar, Sudan, South Sudan and Venezuela, or anywhere else Robinhood restricts Stock Tokens or where using this would break the law that applies to you. Don't use a VPN or anything else to get around the regional block. You are responsible for knowing and following the laws and taxes that apply to you.
Stock Tokens and other third parties
Stock Tokens are issued by Robinhood, not by us. We are not affiliated with, endorsed by or connected to Robinhood or any company named on the site; names and logos are used only to identify assets. Trades and bridges run through services we don't control (KyberSwap, Relay, the launchpad, Uniswap pools, your wallet, public RPC providers). They can fail, change, charge their own fees, pause or be attacked. Prices on the site are indicative and can be late or wrong; your wallet shows what you actually sign.
Fees
Trades made through the site pay a 0.3% fee on their Robinhood Chain leg, shown before you sign. It goes to the flywheel wallet, which uses it to buy Greenshoe tokens for the reserve to burn. Network gas, bridge fees and the token's own trading tax are separate and paid to others.
Risks
- Smart contracts. The contracts have had internal reviews and tests, not a third-party audit. They can't be changed after deployment, so a bug can't be fixed and could lose funds.
- Price and liquidity. The token and Stock Tokens can fall sharply or become impossible to sell at a fair price. New listings are thin and volatile.
- Bridges. Cross-chain transfers can be delayed, refunded or lost if a bridge fails.
- Issuers. Robinhood can pause Stock Tokens, and USDG's issuer can pause or freeze USDG. A paused asset is skipped when you redeem.
- Manipulation. Pools can be pushed by others. The reserve's purchases are bounded by a time-averaged price, an hourly cap and the founder's public price ceiling, but not immune to it.
- Regulation. Laws can change and may make the token, Stock Tokens or this site unavailable where you are.
- Scams. The only official places are greenshoe.xyz, @greenshoexyz on X and t.me/greenshoexyz. We will never message you first, ask for your seed phrase or ask you to send funds.
- Continuity. The site, keeper and bots may stop at any time.
Privacy
There are no accounts and no tracking cookies. Our server sees your IP address and the country Cloudflare reports, uses them to apply the regional block and to limit request rates, and keeps them only briefly in memory; it keeps no visitor log. Cloudflare, which serves the site, processes requests under its own policy. Wallet addresses are public on-chain; when you open the token picker, the server looks up the public balances of the address you connected. Your choices (such as accepting these terms) stay in your browser.
As is
The site, the contracts, the bots and everything else are provided as is, without warranties of any kind. To the fullest extent the law allows, no one involved in Greenshoe is liable for any loss, including lost funds, that comes from using them or from not being able to use them.
Changes
These terms can change by updating this page; the date above is the latest version. Questions: @greenshoexyz.