Risks & Security
Backd has been designed and built with security in mind. The core team continues to test both new and existing components of the protocol on an ongoing basis as the protocol continues to evolve. However, please keep in mind that DeFi comes with its own inherent risks and that Backd integrates with various other protocols. While the core team tries to provide sufficient documentation on all Backd components, please reach out on Discord if there are any questions regarding risks on Backd.
Please note that strategies may expose liquidity providers to external risk from protocols they integrate with. Please read the individual strategies' descriptions to better understand how these strategies are designed and what risks liquidity providers may be exposed to.

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Code4Rena
April 2022
Code4Rena
May 2022
Pending
Last modified 6h ago
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