Risk Disclosure

You can lose everything

Memecoins are extremely volatile. The price of any coin can go to zero and stay there.

Smart contract risk

The Heirloom contracts are not audited and cannot be upgraded: a bug cannot be fixed, only replaced by a new factory. They depend on WHYPE, which is an upgradeable proxy controlled by Kinetiq, and on the Elysium network itself.

Network risk

Elysium runs a single sequencer. If it stops, trading, voting and claims stop with it; if HyperEVM stops, Elysium stops too. Timers keep running on the block clock, so a long outage can change the outcome of a round.

Bridging takes days

Withdrawing HYPE from Elysium back to HyperEVM through the official bridge takes about six days (a challenge period). Third-party fast bridges are a separate trust decision.

Liquidity and fees

Every heir’s pool charges a 50% fee at launch that decays to 1.25% over ten minutes, then 1.25% on every swap. Large trades move the price. Aggregators may not route to these pools, so trading depends on this site’s router or direct calls to the pool.

The genesis coin depends on Montra

$LOOM trades on Montra (Uniswap v4). Its creator fees sit in Montra’s hook until someone calls pullFees on the $LOOM treasury, and only that treasury can claim them. The hook has an owner: we checked on mainnet that it cannot redirect or take those fees, but the hook’s source is not published and it has not been audited as far as we know. Montra’s own buy and sell tax and holder rewards apply to $LOOM. Heirs trade on their own pools and do not depend on Montra.

Wallets

Phantom does not support Elysium and sends HYPE to HyperEVM instead. Use MetaMask, Rabby or OKX Wallet, and check that your wallet shows chain 99901 before you sign.

Inheritance is not guaranteed

Shares follow your time-weighted average balance and are published as a holder list that the guardian can veto within 24 hours. Lists can be delayed, vetoed or never published. Smart-contract wallets (Safe and similar) are excluded; EIP-7702 wallets are included. Claims expire after 30 days and unclaimed tokens are burned.

Votes lock tokens

Tokens locked in a council cannot be sold until the round ends. Proposal fees are burned and never come back.

More detail: trust assumptions.