fomoprep: Buy it. Thesis it. Perp it.

Risk disclosure

fomoprep is an independent interface for Lighter, a perpetual futures exchange on Robinhood Chain. Read this page before you trade. If anything here is unclear, do not trade.

Perpetual futures can lose everything you put in

Leverage multiplies gains and losses. At 10x, a 10% move against you can wipe out your margin.
Positions can be liquidated automatically, and liquidation can happen during fast moves before you can react.
Funding payments are charged or paid every hour while a position is open.
Market orders can fill worse than the displayed price. fomoprep bounds each order at a worst price, but thin markets still slip.
Take-profit and stop-loss orders are triggers, not guarantees. In a gap they may fill far from the level you set, or not at all.

Custody: your keys, your funds

Your USDG sits in your own Lighter account. fomoprep never receives, holds or moves your funds.
Orders are signed in your browser with a trading key created from your wallet signature. The key is stored in your browser, encrypted, and never sent to fomoprep servers.
Anyone with access to your unlocked device and browser profile could use that key to trade. Forget the key when you use a shared device.
Deposits and withdrawals happen on Lighter or in Robinhood Wallet, not on fomoprep.

Armed templates

An armed template is an order you set up in advance. It runs in your browser, once, when your Prep Pass unlocks while the fomoprep tab is open. It skips itself when ETH moved further than your limit since you armed it, or when it expired. A closed tab, a sleeping laptop or a lost connection means it does not run.

Regions

Lighter restricts perpetuals in several regions. fomoprep keeps the terminal read-only when your connection appears to come from one of them, and asks every wallet to confirm it is not located in one. Using a VPN or other tools to get around this is not allowed. Currently restricted: Belarus, Canada, China, Cuba, Iran, Myanmar (Burma), North Korea, Russia, Singapore, South Sudan, Sudan, Switzerland, Syria, Ukraine, United Arab Emirates, United Kingdom, United States, Venezuela.

IP geolocation by DB-IP, licensed under CC BY 4.0.

The token and the pass

$FOMOPREP is a speculative token launched on pons. It can lose most or all of its value.
A Prep Pass only unlocks this interface. It is not an investment product and carries no right to profits, fees or any payment.
Pass rules, thresholds and reviews can change to fight farming. A pass can pause or be revoked.

Third parties

fomoprep depends on services it does not control: Lighter, Robinhood Chain, fomo, FomoScan, pons and public price feeds. Outages, bugs or changes on any of them can stop fomoprep from working, delay a pass or affect an order.

No advice

Nothing on fomoprep is financial, investment, legal or tax advice. Theses on the wall are the opinions of their authors. Only trade what you can afford to lose.