> For the complete documentation index, see [llms.txt](https://nexon-3.gitbook.io/nexon-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nexon-3.gitbook.io/nexon-docs/appendix/legal-disclaimer.md).

# Legal Disclaimer

The legal and risk boundaries that apply to this paper and to every economic calculation in it.

This paper describes a project under construction. It is not an offer, a solicitation, investment advice, a legal opinion or a tax opinion. Unless incorporated into separately binding product terms, it forms no contract.

**The two assets.** XO is the Value Anchor in narrative and the staking principal token in mechanism; EXON is the Circulation Engine in narrative and the core value token and spot instrument in mechanism. Neither represents equity, debt or a deposit.

**The numbers.** Per-settlement yield, reward, price, ROI and subscription-recovery figures are protocol parameters, or calculations made under the price assumption stated inside the sentence. Outcomes depend on price, liquidity, fees, rules and execution.

**Product status.** AI-Native PayFi is live; the Wallet, Marketplace and decentralized Social App are in development; the Stablecoin Card is a roadmap direction. Merchants, issuers, custodians, venues and third-party protocols operate under their own terms and risks. AI output can be wrong and does not replace user approval or professional advice.

**Irreversibility and recovery.** Digital asset transfers and market orders may be irreversible. Card or Marketplace recovery depends on the responsible issuer, payment service provider or supplier.

**Participation.** Participation may be restricted or unavailable. Anyone considering it should assess the applicable terms and obtain independent professional advice.

*Previous:* [*Glossary*](/nexon-docs/appendix/glossary.md) *· Next:* [*Open Parameters*](/nexon-docs/appendix/open-parameters.md)


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