> For the complete documentation index, see [llms.txt](https://docs.phoenix.win/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.phoenix.win/extra/disclaimer.md).

# Disclaimer

**Disclaimer:**

* **No Central Authority:**\
  There is no **central actor**, **authority**, **individual**, **group**, or **company** involved in running Phoenix.\
  Everything is **fully decentralized**.
* **Who Runs Phoenix:**\
  Phoenix is owned and operated by the users who interact with the smart contracts. These contracts are deployed on the globally decentralized network called **Ethereum**.
* **No Financial Guarantees:**\
  Phoenix offers **no promises or guarantees** regarding your financial success.\
  There are no **guarantees** for any claims made in content.
* **Content Disclaimer:**\
  All information is **anecdotal** and/or **hypothetical**.\
  It should be viewed as **entertainment only**.