Risk

Smart contract risk

Status of the code and the choices that raise or lower risk.

Status

Surface

BarrierCore, BarrierLegs, oracle and calendar, the token engine, the Backstop, Omni and Credit wrappers.

Design choices that reduce risk

  • No leverage, so no liquidation engine.
  • Immutable struck series.
  • Read-only crank inputs.

Design choices that add risk

  • Upgradeable modules behind timelocks.
  • Cross-chain messaging for Omni.
  • External Morpho market for Credit.

Recommendations

Start small, read the Security pages, and verify addresses before you sign.

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