THE SLOP MACHINE

TERMS OF USE — THE SLOP MACHINE

Last updated: 2026-08-08

The Slop Machine ("the Project") is an experimental on-chain art project: a fixed

collection of 5,000 ERC-721 artworks and a companion ERC-20 token, $SLOP,

deployed to the Ethereum mainnet. By connecting a wallet, minting, or otherwise

interacting with the Project's smart contracts or website, you agree to these Terms.

If you do not agree, do not use the Project.

1. Nature of the Project — no investment, no promises

The Project is a work of art and a software experiment. It is not an investment

product, a security, a fund, or a financial instrument, and nothing about it is an

offer to sell or a solicitation to buy any security. **$SLOP has no intrinsic value,

no promised utility, and no expectation of profit.** Apart from the fee below, the dev takes

no cut of mint proceeds — each mint gives the minter a fixed 100 $SLOP (the same for every

minter), and the mint's ETH separately buys $SLOP from the pool and burns it. The pool is seeded

flat, so 100 $SLOP is worth approximately the 0.01 ETH mint price for every mint, first to last;

over the run roughly half of the total supply is burned and the paid ETH ends locked as pool

liquidity. A **1% fee, taken in ETH, applies to every $SLOP

swap — including the buys each mint performs — and is routed to the deploying wallet** as the

dev's only revenue (see "Fees" below). Do not mint, hold, or trade with any expectation of

financial return. You may lose the entire value of anything you spend.

1a. Fees

The only fee in the Project is a 1% fee on every $SLOP swap, taken in ETH by the Uniswap

v4 hook and sent to the wallet that deployed the contracts. It applies to all buys and sells,

including the buys each mint performs — so it is charged from the very first mint, not only

after the market opens at mint-out. There is no separate mint fee and no other rake. The fee

rate and its routing are fixed in the deployed contracts and are disclosed here so no one is

surprised by them.

2. Immutable, autonomous contracts

Once deployed, the Project's smart contracts are immutable and autonomous. They

cannot be paused, upgraded, reversed, or refunded by anyone, including the dev.

In particular, by design and permanently in code:

contract. **When all 5,000 pieces mint out, external buying opens automatically and

permanently** — triggered in code by the final mint, not by any switch the dev controls.

never be added or removed by anyone.

mint order and worth approximately the mint price throughout; the mint's ETH separately buys

$SLOP from the pool and burns it (roughly half of supply is burned over the run). **Selling $SLOP

back to the pool is always open** — there is no lock or gate on selling at any time, before or

after mint-out.

You are solely responsible for understanding these mechanics before interacting.

3. Eligibility and your responsibility

You are responsible for ensuring your use of the Project is lawful in your

jurisdiction, including securities, tax, and consumer-protection law. Do not use the

Project if it is prohibited where you are, or if you are a sanctioned person or in a

sanctioned jurisdiction. You are responsible for your own taxes. You are

responsible for the security of your wallet, keys, and transactions. Blockchain

transactions are irreversible; a transaction sent to the wrong place or at the wrong

time cannot be undone.

4. No warranty

The Project, its contracts, its website, and all associated content are provided

"as is" and "as available," without warranty of any kind, express or implied,

including merchantability, fitness for a particular purpose, and non-infringement.

Smart contracts may contain bugs. The website, IPFS gateways, RPC providers, and the

Ethereum network may fail, stall, or be unavailable. No uptime, liquidity, price, or

resale market is guaranteed for the NFTs or $SLOP.

5. Limitation of liability

To the maximum extent permitted by law, the dev and any contributors are **not

liable** for any loss or damage of any kind arising from your use of the Project,

including loss of funds, tokens, or NFTs; gas spent; smart-contract or network

failure; price movements; or third-party services (wallets, exchanges, gateways,

RPCs). Your sole remedy for dissatisfaction is to stop using the Project.

6. Intellectual property

Each NFT is a token on Ethereum pointing to an artwork and its caption stored on

IPFS. Owning an NFT gives you ownership of that token and a personal, non-exclusive

license to display the associated artwork for personal, non-commercial purposes. The

dev retains copyright in the underlying artworks and captions except as expressly

granted here. The $SLOP name and token are part of the artwork.

7. No affiliation

The Project is not affiliated with, endorsed by, or sponsored by Ethereum, Uniswap,

IPFS, Pinata, any wallet provider, or any other third party whose technology it uses.

References to those technologies are descriptive only.

8. Changes

These Terms may be updated; the website version with its "Last updated" date is

controlling. The contracts themselves cannot change — only this document and the

website may. Continued use after an update constitutes acceptance.

9. Public data

All on-chain activity — mints, transfers, swaps, burns, and wallet addresses — is

public and permanent by the nature of a public blockchain. See the Privacy Policy.

10. Assumption of risk

By using the Project you acknowledge and accept all risks of interacting with experimental

smart contracts and public blockchains, including but not limited to: bugs or vulnerabilities

in the contracts; failure, congestion, or reorganization of the Ethereum network; failure or

unavailability of wallets, RPC providers, IPFS gateways, or the website; volatility or total

loss of value of the NFTs or $SLOP; the absence of any resale market or liquidity; regulatory

or tax developments; and the irreversibility of blockchain transactions. **You use the Project

entirely at your own risk.**

11. Binding arbitration; waiver of court trial and class actions

Please read this section carefully — it affects your legal rights. By using the Project you

agree that any dispute, controversy, or claim arising out of or relating to these Terms, the

Project, $SLOP, the NFTs, or your use of the website or the contracts **shall be resolved

exclusively and finally by binding individual arbitration, rather than in court.** You and the

dev each waive the right to a trial by jury and **waive the right to participate in a class,

collective, consolidated, private attorney general, or representative action.** Any arbitration

or proceeding shall be conducted solely on an individual basis. These Terms and your use of

the Project are governed by the laws of the State of Delaware, without regard to

conflict-of-law principles.

12. Limitation of liability (cap)

To the maximum extent permitted by law, the dev and any contributors shall not be liable for any

indirect, consequential, incidental, special, or punitive damages, and **in no event shall the

dev's aggregate liability exceed the lesser of (a) USD $100 or (b) the amount you paid in

connection with the claim.** This is in addition to the limitations in Section 5.