Risks & Audits
Smart Contract Risks
Interactions with various smart contracts inherently carry risks, both known and unforeseen, that could potentially compromise the integrity of the contracts. These risks might result in the irretrievable loss or locking of assets.
Liquidation Risks
The value of assets supplied to or borrowed from the protocol may fluctuate significantly due to systemic risks from the issuing platforms or general market volatility. This includes risks from assets losing their peg, potentially triggering the liquidation or closure of a user's position.
Risk Assessment & Management
NEIQW collaborates with Chaos Labs to meticulously assess and manage risks associated with the NEIQW Liquidity Market (NLM), aiming to optimize capital efficiency safely. Continuous risk monitoring is displayed on the NEIQW Chaos Labs Dashboard to maintain transparency and security.
Audit Efforts
NEIQW is committed to the ongoing security of its protocols and regularly seeks comprehensive audits. It's important to note that while security audits aim to reduce risk, they do not eliminate it entirely. Users are advised to only supply assets that they can afford to lose.
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