Risk Summary
A non-promotional summary of key risks before using HomePot or digital assets.
Document details
Last updated: July 1, 2026
Risk summary version: 2026-06-v1
Cryptoasset value risk
Cryptoassets are high risk and can fall in value. You could lose money. Market prices can change quickly and may be affected by liquidity, market, technology, and network risks.
Stablecoin risk
USDC may not always maintain its intended value. Stablecoins can be affected by depegging, issuer risk, counterparty risk, reserve risk, and market disruption.
Blockchain transaction risk
Blockchain transactions are generally irreversible. Sending USDC to the wrong address or on the wrong network can result in permanent loss.
Polygon network dependency
HomePot is designed for native USDC on Polygon. Receiving or sending USDC depends on the Polygon network, configured Polygon RPC access, and the availability of the native USDC contract on Polygon.
POL gas requirements
You do not need POL to receive USDC, but you need POL for Polygon network fees when sending USDC or interacting with blockchain transactions from this wallet.
Self-custody responsibilities
HomePot is self-custodial. You are responsible for protecting your password, device, recovery phrase, private key, and encrypted backup. Loss or compromise of wallet access or recovery material can result in permanent loss of access to the wallet.
Third-party purchase services
If independent third-party purchase services are activated later, those services are responsible for their own identity checks, payment processing, eligibility decisions, pricing, transaction approval, and availability. Availability may change or be unavailable.
No custody by HomePot
HomePot does not hold customer fiat, payment credentials, or cryptoassets. All wallet transactions are initiated by the user and signed client-side.
No compensation scheme assumption
No Financial Services Compensation Scheme protection should be assumed for cryptoasset losses.