Possible risks

Before you start using the protocol, you should clearly understand all of the risks associated with the protocol. Asymetrix makes no guarantees, you use it at your own risk.

To minimize possible risks, Asymetrix code was audited by an independent third-party company. You can read about the results of the audit in the corresponding article. Besides, the protocol uses open-source code, and everybody can get more information about its technical aspects. Moreover - there is a bug bounty program with significant rewards. As was mentioned before - Asymetrix Protocol is a decentralized service that uses a DAO model to manage it. No individual or company is a beneficiary of the protocol's activity, and no one controls it.

In the current protocol mechanics, stETH deposited to the common pool will never leave the Asymetrix protocol to be invested in other platforms, which means that it will not be compromised due to the security of other protocols.

Smart contract risk In every Ethereum protocol, there is always a Smart contract risk, i.e., the risk of using protocols (lines of code) that can be hacked and exploited.

Counterparty risks: Asymetrix relies on a couple of services - Lido as an underlying token asset provider and Chainlink as a randomness provider. Asymetrix has no influence on these services and cannot predict/mitigate the risks associated with the use of these services.

User risk Asymetrix has no influence on the results of the user's mistake. A user can lose their deposit due to erroneous transfers of PST tokens to third parties. Since PST tokens reflect the user's participation in the pool, they are required to withdraw the deposited funds. Also, the user may lose access to his wallet, which will also lead to the loss of funds.

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