The whole arrangement, without the legalese fog.
SPIN is a utility token for recognizing scholars and licensing their work. It is not an investment, and we make no promises about its value. Use the site, read everything, verify on-chain — that is the whole arrangement.
SPIN (0x4c972afefa2e4552307b87cf944e53136c361ba3) is an ERC-20 token on Base. Its purpose is recognition: honoring scholars for manuscripts and datasets, and letting readers license that work directly. Amounts are counted in SPIN, never in dollars.
There is a different, unrelated token with the same ticker on Solana. Ours has only ever lived on Base, at the contract above. Verify before you trust.
SPIN is not an investment, a security offering, or a promise of profit. We make no promises about its value, and nothing on this site is financial advice. Recognition balances are pending until Phase 1 — counted, not paid, and not withdrawable, transferable, or spendable until then.
Live: the token contract, the Uniswap V4 pool position, and this trust layer. Not yet live: the repository itself — scholar uploads, review, and reader licensing arrive in Phases 1 and 2. The mechanism page describes the frozen spec: what is decided, not what is shipped.
The pool has seen no trades since deployment. Until a market forms, there is no price.
You are responsible for your own wallet and keys. Never share a seed phrase — with us or anyone. Transactions on Base are irreversible. If you interact with the token, you accept the risks of smart contracts, liquidity, and regulation in your jurisdiction.
Glenride operates SpinWave, and changes to the mechanism go through the larger Glenride body — no single party moves the rules alone. These terms may be updated as the repository is built; material changes will be dated below.
Last updated: October 12, 2026.