Audits, Security, Privacy,
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Stabilize protocol code audited by:
Auditing varies. Always do your own research.
For you general benefit listed below are security and privacy guidelines
Always have VPN 👁🗨👁🗨
Never just give away your personal information we don't want it anyway.🆗
Practice laws applicable to your localities ✔
Stay vigilant and be safe .
Security
The development team takes security very seriously. The team continually dedicates a portion of its funds for smart contract reviews and audits. The Stabilize development team has relinquished direct control over minting the Stabilize reward tokens. The operator contract controls the minting rate and the only thing the development team can do is decreasing it. In addition, all governance functions are controlled by a 24 hour time-lock. This gives depositors enough time to make a decision to stay in the protocol or not. Stabilize uses on-chain decentralized price oracles powered by Chainlink and Aave to access data. These price oracles are resistant to flash crashes and manipulation.
Risks
Stabilize protocol incurs risk just like all token protocols do. If one of the pooled tokens collapse and won`t recover, you may realize losses.
Further, if you supply liquidity to the STBZ/ETH, STOL/ETH or STBB/BNB pool, you are exposed to the risk of impermanent loss (IL)
soon to be risk calculators and help on how to understand what your getting into! make sure to always bring a paddle if your getting into your kayak or canoe.
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