Risk disclosure
Pace is non-custodial software for trading on Robinhood Chain. Your funds stay in your wallet and every action is a transaction you sign. This page sets out what that means, in full.
The contracts are unaudited
The swap router and the recurring-buy scheduler are deployed, source-verified, and non-upgradeable, but they have not been reviewed by an independent security auditor. Smart contracts can contain defects that testing does not find. Do not commit funds you cannot afford to lose.
Nothing can be paused or reversed
The scheduler is non-upgradeable and has no administrative stop. If a defect is found, existing schedules keep running, and the only remedy available to you is to cancel your own schedule and revoke its spending permission. Transactions on a blockchain cannot be reversed.
Anyone can execute a recurring buy
Recurring buys are filled by whoever calls the contract first, which is what lets your schedule keep running whether or not we are online. Whoever fills it is reimbursed for gas and paid a small tip out of the same pull.
Because the caller is not trusted, the contract enforces a floor on what each fill must return, and rejects the fill otherwise. The floor comes from the pool’s own time-weighted average price where the pool keeps price history, and from a minimum you set yourself where it does not. Some venues, including Uniswap V4, keep no price history, so a schedule on those pools requires you to set that minimum when you create it.
A minimum you set is a fixed number. It does not follow the market, so it protects you by the same absolute amount regardless of how the price moves afterwards, and fills stop if the market moves past it. A time-weighted floor tracks the market instead. You choose which pool a schedule uses, and therefore which applies.
Spending permissions
Trading uses Permit2. You grant it a standard token approval once, then authorise a specific, expiring amount for each use. A recurring buy needs an authorisation covering the whole schedule, so it is larger and longer-lived than one for a single swap.
If that authorisation runs out or expires, the schedule pauses. It is not cancelled and your funds are untouched, but no further buys happen until you renew it. Cancelling a schedule does not revoke the authorisation; you can revoke it separately at any time.
Stock tokens
The tokenised equities on this chain are issued by Robinhood, not by us. They are ERC-20 tokens whose price tracks a share; they are not shares. They carry no ownership, no dividend and no voting right.
Every one of them is an upgradeable contract sharing a single implementation that the issuer can pause. If that happens, transfers and swaps of all of them revert until the issuer unpauses them, and recurring buys stop filling for as long as it lasts.
Stock tokens are restricted in some regions, including the United States. Determining whether you may hold or trade them is your responsibility.
Prices, liquidity and slippage
Prices come from on-chain liquidity pools, not from an exchange. A thin pool moves more on a given trade size, and the price you are quoted can change between quoting and confirming. Your slippage setting bounds how far, and the transaction reverts rather than filling worse — you keep your funds and pay only gas.
Fees
A protocol fee is taken from the output of each swap, and shown to you before you confirm. Recurring buys additionally pay the executor a gas reimbursement and a tip out of each pull; the contract rejects any fill whose total cost would exceed 10% of the amount being bought.
No advice
Nothing here is financial, investment, legal or tax advice. Recurring buying does not protect against loss and does not guarantee a better average price. You are responsible for your own decisions and for any tax arising from them.
Contract addresses and deployment records are public and verifiable on Blockscout. Back to trading.
