Terms and disclosures

Payout is an independent product. It is not affiliated with, endorsed by, or connected to X Corp., X Payments LLC, Robinhood Markets, Robinhood Chain, or Pons Labs, LLC.

Directing a token's creator fees to the Payout treasury constitutes acceptance of these terms by the deployer. The direction is permanent.

A named recipient is not a party to these terms. Receiving a payment does not make them a customer of Payout or an endorser of any token. A token can name any X account without that account's knowledge or consent; the opt-out page stops payments.

X Money availability, eligibility, claim windows and limits are determined by X. Payments to handles that cannot claim expire under X's policy and pass to the protocol treasury.

Tokens are high risk and most go to zero. Payout does not vet, endorse, or represent that any token is legitimate, safe, or worth anything.

Payouts may be taxable to the recipient. Payout does not issue tax documents and nothing here is tax advice. Where the law requires information before paying, the payout waits as a held balance.

Any protocol token, if one exists, is not a security, confers no rights, and gates nothing.