Disclaimer
Pike is a decentralized finance (DeFi) platform that offers innovative financial products and services. While we strive to provide a secure and reliable environment, interacting with the protocol involves certain risks and responsibilities. This disclaimer outlines important considerations for users of the dApp.
General Considerations
Not Financial Advice: The information provided on Pike Protocol, including documentation and user interfaces, is for informational purposes only and should not be considered financial, investment or legal advice.
Self-Custody and Responsibility: Users are responsible for their own assets, including safeguarding private keys and ensuring the security of their wallet and transactions.
Key Risks to Consider
Smart Contract Risk: Smart contracts are immutable and operate as programmed. While the Pike Protocol undergoes rigorous security audits, vulnerabilities may still exist, including potential exploits or hacks.
Market Risk: Digital assets can be volatile and market conditions can impact your holdings and collateralization levels.
Liquidation Risk: If the value of your collateral falls below the required thresholds, your position may be subject to liquidation.
Oracle Risk: The protocol relies on external price oracles. Incorrect or delayed price feeds may lead to unintended outcomes.
User Responsibility
By using Pike, you acknowledge and accept all risks involved. You are solely responsible for managing your assets and making informed decisions. The protocol assumes no liability for losses incurred as a result of using the platform.
For more detailed information on risk management and best practices, please refer to the appropriate documentation and resources provided by Pike Protocol.
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