Risk Disclosure — Kiubit

Plain-language summary

DeFi products carry real risks: smart contract bugs, market crashes, oracle failures, regulatory changes. Deposits are not insured. Only use funds you can afford to lose.

1. General Risk Warning

Cryptocurrency and DeFi involve significant risk of financial loss. Past performance does not guarantee future results.

2. Smart Contract Risk

Despite audits, smart contracts may contain undiscovered vulnerabilities that could result in loss of funds.

3. Market Risk

Crypto prices are highly volatile. Collateral can drop rapidly, triggering liquidations with a 5% penalty.

4. Oracle Risk

Price feeds rely on Chainlink with CoinGecko fallback. Failures could trigger incorrect liquidations.

5. Yield Source Risk

Yield comes from treasury strategies which carry their own risks. Projected APY is not guaranteed.

6. Liquidity Risk

Fixed-term vaults lock funds until maturity. Standard withdrawals batch every 24 hours.

7. Regulatory Risk

DeFi regulation is evolving. Changes could restrict operations or require KYC.

8. No Insurance

Deposits are not insured by any government scheme. The treasury buffer is not insurance.

9. Tax Implications

DeFi participation may create taxable events. Consult a qualified tax advisor.

10. Acknowledgment

By using the Platform, you acknowledge these risks and agree to bear full responsibility.