> For the complete documentation index, see [llms.txt](https://newbitcoin.gitbook.io/newbitcoin/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://newbitcoin.gitbook.io/newbitcoin/untitled/9.-no-guarantee-of-price-or-liquidity.md).

# 9. No Guarantee of Price or Liquidity

* NEWBTC is pegged to Bitcoin, but we do not guarantee its price or market performance.
* Token liquidity is managed based on available resources and market dynamics; therefore, liquidity is not guaranteed.

You understand and accept that market risks, including slippage and illiquidity, are part of crypto token usage.<br>