Brahma Docs
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  2. Risks

Other Risks

While Brahma offers advanced features and benefits, it's essential to be aware of potential risks. Please consider the following disclaimers:

  1. Smart Contract Risks: Smart contracts, including those used in the Brahma, may be subject to various risks, vulnerabilities, and exploits. Despite rigorous testing and audits, unforeseen vulnerabilities may still exist, leading to financial losses or unintended consequences.

  2. Third-Party Integration Risks: Brahma's functionality extends through integrations with third-party protocols and services for direct actions and automated processes. Although these integrations aim to bolster security and bypass the need for interacting with external frontends, they are not immune to potential third-party risks. Users are advised to diligently evaluate the security posture and dependability of these integrated services.

  3. Custody and Security: Your account operates within a non-custodial framework, allowing users to retain control of their assets in their Safe Wallets. However, users are responsible for their wallet security, private keys, and overall custody of their funds. It's imperative to exercise proper security measures and utilise trusted wallet solutions to protect against unauthorised access or potential losses.

  4. Regulatory Compliance: Users should ensure compliance with applicable laws, regulations, and guidelines when using Brahma. The regulatory landscape surrounding DeFi and cryptocurrencies is evolving, and it's essential to understand and adhere to the legal requirements of your jurisdiction.

  5. User Responsibility: While your account strives to provide accurate and reliable information, it is the responsibility of each user to conduct their research, due diligence, and risk assessment before engaging with the platform. Users should carefully evaluate the risks involved and make informed decisions based on their risk tolerance.

Disclaimer: The information provided here is for informational purposes only and should not be considered as financial, investment, or legal advice. The usage of Brahma and engagement with on-chain protocols involve inherent risks, and users should only participate with funds they can afford to lose. Brahma and its team cannot be held responsible for any financial losses, damages, or liabilities incurred while using the platform. Users are encouraged to seek independent professional advice when making financial decisions.

By acknowledging and understanding these risks and disclaimers, users can approach Brahma with informed caution and take appropriate measures to mitigate potential risks.

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Last updated 5 months ago