what are the risks of this? apart from the obvious... @yearnfinance

Asked 1118 days ago
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what are the risks of this? apart from the obvious Smartcontract risks

asked 1118 days ago

1 Answers

The risks of using a Curve Finance pool are mainly related to the Smartcontracts used to manage the pool. As with any Smartcontracts, there is the potential for errors or bugs that could lead to a loss of funds. Additionally, as more people deposit into the pool, the liquidity of the pool will go down, meaning that it may become more difficult to withdraw funds. Finally, the pool may be subject to bribery from protocols looking for CRV allocations to their pools, which could lead to unfair distribution of the pool’s funds. It is therefore important to ensure that the pool is managed by an experienced team who can mitigate these risks.
answered 1118 days ago
0
they'll go down as more people deposit and it totally depends on the bribes received from protocols looking for CRV allocations to their pools
answered 1118 days ago

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