❗Risks
Potential Risks to Lenders
Bad Debt:
Timing of Asset Return:
Smart Contract Risks
While our smart contracts have been audited by third-party firms, they could theoretically have vulnerabilities. Integrated 3rd-party platforms like the AMMs we build on can also carry smart contract risk.
Having smart contracts audited by multiple professional third-party firms decreases the chance of vulnerabilities. You can find audit reports here.
We also run a bug bounty program to provide incentives for people to look for vulnerabilities in our live code as an extra layer to filter out any potential issues. More on that here.
We carefully screen any platforms we integrate with, only working with those that have been audited and shown a track record of good security.
While we do our best to eliminate all the possible risks, DeFi is an industry where events that no one predicted can occur(the dreaded black swans). So please don’t invest your life savings, or risk assets you can’t afford to lose. Try to be as careful with your funds as we are with our code. 😊
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