Risks
The Kairos team makes every effort to ensure maximum security, whether from a technical or user point of view. As with all applications, risks must be taken into account, here are the main ones identified (non-exhaustive list):
Technical risks:
- smart contract risk
- phishing risk
Risks associated with use:
- Backing a loan on an NFT that loses its value below the price of the loan resulting in a capital loss.
- Not repaid loan and loss of an NFT
It is advisable to do your research before using the Kairos Loan protocol and to understand how it works. By using the protocol you agree to take the risks involved.
Last modified 3mo ago