Risk disclosure
Risk is explicit, not eliminated
MuseLend is experimental smart-contract infrastructure. Testnet operation is not evidence that mainnet use is safe or legally available.
Creator-token liquidity
Prices can move sharply and liquidity can disappear. Buybacks can fail, require top-up, or return fewer tokens under capped settlement.
Capped synthetic
The position is time-limited and covered only up to K. It is not guaranteed redemption, protected capital or an uncapped 1:1 claim.
Senior and junior risk
Senior lenders face smart-contract, USDC, Base, integration, liquidity and accounting risk. Junior underwriters can lose up to the capital allocated to an epoch.
Dependencies
The protocol depends on Base, native USDC, Zora token validation and allowlisted swap venues. A failure or change in any dependency may pause openings or leave settlement pending.
Administration
Emergency roles may pause new risk but cannot take protected reserves. Non-emergency parameter and adapter changes require the deployed one-day timelock.