Algofi
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Risks
Using the Algofi protocol is not without risk.
Users who interact with the Algofi protocol are not without risk. It is important for users to be aware of all risks before using the protocol.
  1. 1.
    Smart contract failure - Despite undergoing a full audit and rigorous internal quality assurance, there is a chance of smart contract failure.
  2. 2.
    Liquidity Risk - Users who fail to maintain their collateral must be liquidated, these processes must run smoothly for the protocol to remain solvent.
  3. 3.
    Oracle Risk - There is the risk that the oracles used by the Algofi protocol provide incorrect or stale data.
For further information, please read the terms of service and protocol disclaimer.
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