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Risks and restrictions
This page is not legal advice. Read the full Terms and risk notice before you hold KILN or burn anything.
Kiln is independent
Kiln is an independent software project built on Robinhood Chain. It is not affiliated with, operated by, or endorsed by Robinhood Markets, Robinhood Assets (Jersey) Limited, The Index, fomo or Pons.
Your wallet stays yours
- Kiln never holds, moves or approves your KILN.
- Connecting or signing in identifies a wallet. It never authorizes a transfer.
- Reforge reads balances only. Every burn is a transfer you sign yourself.
- Kiln never sends a transaction on your behalf.
Where Stock Tokens are restricted
Stock Tokens may not be offered, sold or delivered in the United States or to U.S. persons, and are restricted in other jurisdictions including Canada, the United Kingdom and Switzerland. Holding KILN with the intention of receiving Stock Token rewards is your representation that you may hold them where you live. Kiln may withhold, pause or redirect a delivery where it would be unlawful; a withheld allocation is recorded and disclosed.
Risks
| Risk | What it means for you |
|---|---|
| Smart contracts | Contracts may contain bugs. Reviews reduce this risk; they do not remove it. |
| Market | KILN and Stock Tokens are volatile and can be illiquid. Either can go to zero. |
| Operations | Indexing, conversion or delivery can fail or be delayed. The site shows the precise state rather than hiding it. |
| Regulation | Rules for tokens and tokenized securities change. Kiln may have to change or stop the program. |
| Burning | A burn is irreversible. Selecting the wrong token cannot be undone. |
| Pricing | Burn value comes from DexScreener at record time. Thin or manipulated markets are priced as observed, or as $0 when there is no usable market. |
| Delivery | A recorded entitlement is not a payment. Only a confirmed transfer is. |
What we do not claim
- Kiln does not redirect all Robinhood Chain fees. Only confirmed fees actually received from the KILN market fund rewards.
- Burned dust does not buy stocks. It changes reward weight.
- A Stock Token is economic exposure, not ownership, equity or dividends.
- Kiln is not a token auditor. Its controls cover only the assets and accounting paths it explicitly supports.
Incident rule
Stop at the earliest unsafe state. Missing data is never turned into zero, an estimate into received funds, a proposal into a published root, or an allocation into a delivery. A correction after publication is additive and documented, never an in-place rewrite.
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