Token disclaimer — $FIRMA and $DPROP

Not yet reviewed by a lawyer. This document is published in draft so you can read it before you commit money, not because it is finished. No operating company has been formed and no governing law has been set, so parts of it name gaps rather than answers. It will be reissued once counsel has been through it. Questions: info@decentralprop.com

DecentralProp involves two distinct tokens with different purposes, different supply mechanics, and different launch status. Read both sections — they are not interchangeable, and a claim about one is not a claim about the other.

1. $FIRMA — per-firm payout token

Every firm on the protocol mints its own, independent token at launch. A firm's $FIRMA is not fungible with, backed by, or related to any other firm's $FIRMA — "$FIRMA" is a token standard the protocol uses, not a single shared asset.

What it is. The mechanism a firm uses to pay a funded trader's profit. When you pass an evaluation and request a payout, the firm's smart contract buys $FIRMA on that firm's own using the firm's treasury and sends it to you. $FIRMA is not itself a promise of future income, dividend, or protocol revenue share.

Supply. Fixed at 1,000,000,000 per firm at deployment. Mint authority is revoked immediately after distribution — no firm, including DecentralProp, can mint additional supply afterward. 70% seeds the tradeable bonding curve, 10% vests to the firm's owner over 24 months, and 20% is held in reserve to guarantee payout liquidity.

Trading and price. $FIRMA trades on a bonding curve local to its firm before the firm "graduates" to a public Solana DEX (Raydium) at a target market cap. Price is a mechanical function of the curve's reserves, not a promise or projection by DecentralProp or the firm operator. Price can go to zero. A firm's $FIRMA has no guaranteed liquidity, no guaranteed listing, and no buyback commitment beyond the specific on-chain mechanisms described in the published fee schedule.

This is not an investment offering. $FIRMA exists to fund payouts, not to be marketed or sold as an appreciating asset. Nothing here or on the platform should be read as a recommendation to acquire, hold, or trade any firm's $FIRMA for profit.

2. $DPROP — protocol token (not yet launched)

does not exist yet. Everything below describes a planned design, not a live token, and nothing here is an offer or solicitation to buy $DPROP.

Planned purpose. A protocol-level token intended to capture value from platform-wide fee flows (via a buy-and-burn mechanism funded by evaluation and deployment fees) and to pay staking yield sourced from a share of evaluation fees.

Planned supply and allocation (subject to change before launch): 1,000,000,000 fixed supply, [proposed] allocated 20% airdrop, 15% ecosystem, 16% DAO treasury, 10% liquidity, 6% insurance/backstop, 18% team (12-month cliff, 36-month linear vest), 3% advisors, and 12% across a seed/private/public raise. Community-directed allocation (airdrop + ecosystem + DAO + liquidity + insurance) is the majority of supply; team and advisors are a minority; the raise is a small fraction of total supply.

Planned raise. A capital raise (currently modeled as a Fjord Foundry-style structured sale across seed, private, and public rounds) is under consideration to fund development ahead of $DPROP's launch. No raise has occurred, no round is open, and none will open before securities counsel has reviewed the structure and jurisdictional exposure. If and when a raise opens, participation terms will be published separately and will not be governed by this document.

Status today. None of the mechanisms above are live on-chain. The buy-and-burn and staking legs of the protocol's fee splits accrue value toward $DPROP's eventual launch, but that value is locked in-contract and inaccessible to anyone — including DecentralProp — until $DPROP's mint is bound.

3. Risk factors that apply to both tokens

No guarantee of value. Neither token has a guaranteed price, guaranteed liquidity, or guaranteed exchange listing. You may lose the entire value of any amount you acquire.
Regulatory uncertainty. Whether either token is a security, commodity, or other regulated instrument under the law of any given jurisdiction has not been finally determined. DecentralProp's own framing of these tokens as utility instruments is not a legal conclusion and is not binding on any regulator.
Simulated trading, not real markets. Evaluations run on DecentralProp's engine are simulated — traders never place a real order in a real market. A $FIRMA payout represents a real transfer of value, but the trading activity that earns it does not touch external markets.
Jurisdictional restrictions. Neither token is offered to persons in a jurisdiction where such an offer would be unlawful, including any jurisdiction subject to comprehensive U.S., EU, or UN sanctions. See the Geo/AML Decision Memo for the platform's access-restriction posture.
No advice. Nothing in this document, on the platform, or in any DecentralProp communication is financial, legal, or tax advice regarding either token.

4. Where the underlying facts live

This disclaimer summarizes mechanics documented in full in the published fee schedule (§9 for $DPROP, §16 for $FIRMA). If those documents and this one ever conflict on a factual mechanism, the published fee schedule is the source of truth and this document should be corrected to match — not the other way around.

Open items for counsel: final utility-vs-security positioning for both tokens (an open decision), whether the $DPROP raise structure requires registration or an exemption in target jurisdictions, and jurisdiction-specific offering restrictions before any public token-facing marketing.