Terms of service

By accessing or using koal.fun (the "Platform"), you agree to be bound by these Terms of Service and all applicable laws and regulations. If you do not agree with any of these terms, you are prohibited from using the Platform.

Koal is operated by LensARstore, Lyoner Str. 40, 60528 Frankfurt am Main, Germany. References to "Koal", "we", "us", or "our" refer to LensARstore.

You must be at least 18 years of age to use the Platform. By using Koal you represent and warrant that you meet this requirement and that you are not located in, or a citizen or resident of, any jurisdiction where use of the Platform would be prohibited by applicable law.

You are responsible for ensuring that your use of the Platform complies with all laws applicable in your jurisdiction, including but not limited to securities laws, tax laws, and financial regulations.

Koal is a decentralised token launchpad that enables users to deploy omnichain ERC-20 tokens across multiple EVM-compatible blockchains simultaneously using LayerZero OFT v2 infrastructure. Tokens trade on a virtual constant-product bonding curve until graduation to a decentralised exchange.

Koal is non-custodial. We do not hold, control, or have access to your digital assets at any time. All transactions are executed on public blockchains and are irreversible.

Using Koal involves significant financial risk. You acknowledge and accept that:

• Digital asset prices are highly volatile and you may lose your entire investment.
• Smart contracts may contain bugs or vulnerabilities despite audits.
• Blockchain transactions are irreversible once confirmed.
• Regulatory changes may affect the legality or utility of digital assets in your jurisdiction.
• Newly launched tokens are highly speculative and most will lose value.
• Cross-chain messaging via LayerZero introduces additional technical risk.

Nothing on this Platform constitutes financial, investment, legal, or tax advice.

You agree not to use the Platform to:

• Violate any applicable law or regulation.
• Engage in market manipulation, wash trading, or fraudulent activity.
• Launch tokens that impersonate existing projects, public figures, or entities without permission.
• Create tokens that facilitate scams, rug pulls, or other schemes intended to defraud users.
• Attempt to circumvent any security measures or rate limits of the Platform.
• Use the Platform if you are subject to sanctions imposed by Germany, the EU, the US, or the UN.

Koal charges a protocol fee on each trade on the bonding curve. The fee rate is dynamic and scales from 0.95% at low curve fill to 0.05% at high curve fill across four on-chain tiers. Creators may receive up to 25% of the protocol fee as configured at launch. A one-time graduation fee, currently 1% and capped on-chain at 5%, is taken from the migrating liquidity pool at the moment a token graduates to a decentralised exchange; the token-side portion of that fee is permanently burned, reducing total supply. All fees are deducted on-chain at the time of the transaction. Gas costs and any third-party fees (including LayerZero messaging fees on cross-chain operations) are separate and paid directly to the respective network or protocol. The complete fee schedule is available on the Fees page.

The Koal name, logo, interface, and underlying code (excluding third-party components) are the property of LensARstore. Tokens created by users are their own responsibility. By creating a token on the Platform you grant Koal a non-exclusive licence to display the token name, symbol, and image within the Platform interface.

The Platform is provided "as is" without warranties of any kind. To the fullest extent permitted by law, LensARstore disclaims all warranties, express or implied, including merchantability, fitness for a particular purpose, and non-infringement.

LensARstore shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits or digital assets, arising from your use of or inability to use the Platform.

These Terms are governed by the laws of the Federal Republic of Germany, excluding its conflict of law provisions. Any disputes shall be subject to the exclusive jurisdiction of the courts of Frankfurt am Main, Germany, unless mandatory consumer protection laws in your country of residence provide otherwise.

We reserve the right to modify these Terms at any time. We will notify users of material changes by updating the effective date and, where appropriate, by notice on the Platform. Continued use after changes constitutes acceptance of the revised Terms.

To use the Platform you must connect a self-custodial Web3 wallet. Wallets and the wallet-connection services Koal supports — including but not limited to MetaMask, WalletConnect, Rainbow, and Coinbase Wallet — are operated by independent third parties. Koal does not control these services, does not generate or hold your private keys, and cannot recover lost keys, seed phrases, or compromised wallets.

You are solely responsible for the security of your wallet, your device, and any credentials used to access them. We are not liable for losses arising from phishing, malware, fraudulent applications impersonating Koal, leaked seed phrases, or any failure or compromise of a third-party wallet service. We may add or remove supported wallets at our discretion.

Koal is built on smart contracts deployed across multiple blockchains and on cross-chain messaging infrastructure provided by LayerZero. Smart contracts are experimental software. Even after audits, contracts may contain bugs, vulnerabilities, or unintended behaviours that result in loss of funds. Using the Platform you accept this risk.

Cross-chain operations introduce additional risks that are inherent to the underlying protocol and not within Koal's control, including:

• Failure or compromise of LayerZero DVNs (decentralised verifier networks) or executors.
• Delays in message verification or relay.
• Chain reorganisations on the source or destination chain.
• Failure of public RPC endpoints.
• Slippage or price changes between transaction submission and execution.
• Liquidity migration failures during graduation to a decentralised exchange.

Once a transaction is broadcast it cannot be cancelled by Koal. Recovery of funds lost to smart contract failure, cross-chain message failure, or third-party protocol failure is governed by the protocols involved and may not be possible.

When you launch a token on Koal, you may configure a creator fee taken as a portion of the protocol fee on each trade of that token. The maximum creator share is 25% of the protocol fee. Creator fees can be split across up to ten wallet addresses with custom percentages, configured at launch and enforced on-chain by the KoalVault contract.

You acknowledge and agree that:

• Creator fees are routed by the KoalVault smart contract on-chain at the time of each trade. Koal does not custody, hold, or transmit these fees.
• If you opt in to a creator fee but fail to register recipient wallets, the creator share is forfeited and rolls into Koal's portion of the protocol fee. Koal does not reimburse or back-pay creator shares that are forfeited in this way.
• How creator fees are shared between team members, contributors, promoters, referrers, or other recipients is a matter solely between you and those parties. Koal records the split on-chain but does not police, enforce, advise on, or guarantee any underlying arrangement.
• You are solely responsible for determining and meeting any tax, reporting, or regulatory obligations arising from creator fees you receive. Koal does not withhold tax, issue tax forms, or provide tax advice in any jurisdiction.
• You will not use creator fees in connection with money laundering, sanctions evasion, terrorist financing, fraud, or any other illegal activity, and you will represent the existence and configuration of creator fees accurately in any public communication about your token.

Creator fees may fail to be collected or distributed in any individual transaction due to network conditions, smart contract behaviour, or third-party infrastructure failures. Koal is not liable for such failures.

Koal does not pre-screen tokens before launch. The token name, symbol, image, description, social links, and any other metadata associated with a token are supplied by its creator and are the creator's sole responsibility. Koal makes no representation about the accuracy, legality, or appropriateness of user-supplied content.

We reserve the right, but not the obligation, to delist, hide, or restrict tokens from the Platform interface where, in our reasonable judgement, the token or its associated content:

• Violates these Terms, our Copyright policy, or our Trademark policy.
• Impersonates a real project, company, or public figure in a way likely to mislead an ordinary buyer.
• Promotes violence, hatred, exploitation, or illegal activity.
• Has been the subject of credible reports of fraud against buyers.
• Exposes Koal or its users to legal or regulatory risk.

Delisting from the Platform interface does not remove the token from the underlying blockchain. The smart contract remains accessible through any other interface or directly on-chain. Koal cannot pause, alter, or remove tokens once deployed and does not represent that delisting will affect the token's tradeability outside the Platform.

To the extent permitted by applicable law, you agree to indemnify and hold harmless LensARstore, its affiliates, contractors, and contributors from and against any claims, demands, losses, liabilities, damages, costs, and reasonable legal fees arising out of or in connection with:

• Your use of the Platform.
• Tokens you create, configure, promote, or hold using the Platform.
• Creator fee arrangements you configure or distributions you make to third parties.
• Your breach of these Terms or any policy referenced in them.
• Your violation of any applicable law or the rights of any third party, including intellectual property rights.
• Content, communications, or representations you make in connection with a token or the Platform.

This obligation survives termination of your access to the Platform. Nothing in this section limits any rights you have under mandatory consumer protection law.

Koal is software infrastructure. Your use of the Platform does not create any broker-dealer, custodian, investment advisor, fiduciary, agency, partnership, or joint venture relationship between you and Koal. We do not provide investment, legal, tax, or accounting advice, and nothing displayed on the Platform — including charts, market caps, fee estimates, graduation thresholds, or token information — should be interpreted as a recommendation to buy, hold, or sell any digital asset. You are solely responsible for your own decisions and for seeking independent professional advice where appropriate.