Risks

Third-Party Risk

When you provide liquidity through our smart contracts, they interact with platforms like DeDust and StonFi. DeDust operates on closed-source code, meaning the code isn't publicly available for review, while StonFi is open-source, allowing anyone to inspect it. However, vulnerabilities could still exist on either platform.

Since our smart contracts depend on these platforms, any vulnerabilities in their code could put your funds at risk. If there’s an issue with DeDust's closed-source code, it might go unnoticed until it’s too late. Even with StonFi being open-source, bugs or exploits can still be found.

Be mindful of the risks when providing liquidity through our smart contracts, especially considering the platforms we depend on

Impermanent Loss

When you provide liquidity in DeFi, the value of your assets can change due to price fluctuations between the tokens. This difference is what’s called impermanent loss. If the price of the tokens SettleTON supplied to DEXes changes significantly, you might end up with less value than if you had just held onto your tokens. This can happen even if the total value in the pool increases.

Smart Contract Risk

Be careful before our smart contracts have been officially audited. There’s always a chance that someone could find a vulnerability and exploit it, especially before our smart contracts have been officially audited. If a vulnerability gets exploited, your funds could be at risk.

Don’t put all your assets into one place. Keep an eye on our official Telegram channel for updates from the SettleTON team about security, so you can act quickly if needed.

Asset Risk

Crypto assets can be pretty unpredictable. Their value can jump up and down because of market hype, tech issues, or just general volatility. Keep an eye on what's happening in the market.

Do Your Own Research.