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⚠️ Critical Warning

LaserSell is a high-frequency trading automation tool designed for experienced cryptocurrency users. By using this software, you acknowledge that you are interacting with the Solana blockchain, a permissionless and highly volatile environment. You are solely responsible for the custody of your private keys and the financial outcomes of your trades.

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1. Operational & Software Risks

LaserSell is engineered for speed, but it operates within a complex stack of dependencies.
  • Network Latency & RPC Failure: LaserSell relies on third-party RPC providers (e.g., Helius) and the Solana network status. Network congestion or RPC downtime can result in failed sell orders, meaning you may be stuck in a position longer than intended.
  • Execution Slippage: High-frequency trading often involves “slippage,” where the execution price differs from the trigger price. While LaserSell includes a slippage_pad_bps setting to help mitigate this, extreme volatility can still result in unexpected fill prices.
  • “As Is” Software: This software is provided “as is” without warranty of any kind. While rigorous testing is performed, undetected bugs or compatibility issues with future Solana protocol updates could impact performance.

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2. Market Risks

The specific niche LaserSell targets (new token deployments) is the riskiest sector of the cryptocurrency market.
  • Liquidity Risk: New tokens often have shallow liquidity. It is possible to hold a token that becomes impossible to sell because the liquidity pool has been withdrawn (“rugged”) or the bonding curve has stalled.
  • Total Loss: In the memecoin market, it is common for asset values to drop to zero within minutes. Never deploy capital you cannot afford to lose entirely.
  • Scams & Exploits: LaserSell’s detection filters verify the creator match, but it cannot predict if a developer will dump their own supply or if the token metadata contains malicious content.

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3. Security & Wallet Custody

Your private keys are your identity and your bank vault. LaserSell creates a “hot wallet” environment on your machine.
  • Keystore Encryption: LaserSell uses industry-standard Argon2id hashing and XChaCha20-Poly1305 encryption to secure your keystore files. However, this security depends entirely on the strength of your chosen passphrase.
  • Local Security: If your computer is compromised (malware, screen loggers), your encrypted keystore and passphrase can be stolen.
    • Recommendation: Run LaserSell on a dedicated, clean machine or a secure VPS.
    • Recommendation: Do not keep your life savings in the “hot wallet” used for trading. Regularly sweep profits to a hardware wallet (Cold Storage).

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4. Responsible Configuration

Using the software responsibly means configuring “Safety Gates” that protect you from emotional decision-making.
  • Mandatory Stop Losses: A responsible configuration always includes a stop_loss. Relying on manual intervention is too slow for this ecosystem.
    • Example: Set stop_loss: "30%" to automatically exit if a trade turns against you.
  • Timeout Safeguards: Markets can stagnate. Use the sell_all_timeout_sec feature to enforce a “time limit” on exposure. If a trade hasn’t worked out in 120 seconds, it is often safer to exit and preserve capital.
  • Start Small: When first using LaserSell, configure your target_profit and stop_loss with minimal amounts. Verify that the tool executes trades as you expect before increasing your position sizes.

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5. Regulatory Compliance

  • Jurisdiction: You are responsible for ensuring your trading activities comply with the laws and regulations of your local jurisdiction.
  • Taxes: High-frequency trading generates a large volume of taxable events. You are solely responsible for tracking and reporting your transaction history for tax purposes.
By running the LaserSell executable, you affirm that you have read this disclosure and accept these risks.