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Your use of the YearnTogether platform involves various risks, including, but not limited to, losses while digital assets are being supplied to the YearnTogether Platform. Before using the YearnTogether Platform, you should review the relevant documentation to make sure you understand how the YearnTogether Platform works.
The YearnTogether platform is a decentralized software operating on the blockchain. No individual or institution has control over it. There are many different websites and applications that provide access to the Platform; however, these websites simply provide an interface and do not control the Platform in any way.
AS DESCRIBED IN THE YEARNTOGETHER PLATFORM LICENSES, THE YEARNTOGETHER PLATFORM IS PROVIDED "AS IS", AT YOUR OWN RISK, AND WITHOUT WARRANTIES OF ANY KIND. No developer or entity involved in creating the YearnTogether Platform will be liable for any claims or damages whatsoever associated with your use, inability to use, or your interaction with other users of the YearnTogether Platform, including any direct, indirect, incidental, special, exemplary, punitive or consequential damages, or loss of profits, cryptocurrencies, tokens, or anything else of value.
This section will help you understand the types of risk you are taking, what has been done to mitigate them, and how to mitigate them further.
Dependency Risk: The YearnTogether Platform uses several other third party smart contracts. Therefore, the first type of risk is the risk that these other integrated smart contracts can fail. Specifically, by using YearnTogether, you are also taking on the risks of using the Polygon network, and winner selection from chainlink protocol.
To mitigate this risk, the platform is only integrated with highly reputable and well-secured protocols.
Smart Contract Exploit Risk: The second type of risk is specific to YearnTogether. The risk is that there could be some sort of bug or exploit in the smart contracts that run the YearnTogether Platform. This is a risk with any product on Polygon. Depending on what the bug or exploit is, a nefarious person may be able to take some or all of the funds stored in the YearnTogether Platform. Here’s what we’ve done to mitigate this risk.
Professional, third-party smart contract auditing. YearnTogether has hired companies to professionally review and audit the smart contract code for any bugs or exploits. These auditors have produced reports with their findings. As YearnTogether continues to grow, we’re committed to continuing to pay for audits. However, it should be understood that at any given time, 100% of the codebase has not been professionally audited.
Bug Bounty program. YearnTogether offers payment of up to $10,000 for reports of any bugs in the smart contracts. If someone was to discover a bug, this is a way for them to responsibly disclose it to us and be paid rather than exploit it.
Before we even give our code to auditors, we also do extensive internal testing.
Wallet Loss Risk: This risk doesn’t have anything to do with YearnTogether, but we wanted to mention it. Using YearnTogether requires you to use an Polygon wallet that supports Polygon apps. If you permanently lose access to this wallet, you will not be able to recover your funds. Different wallets have different recovery mechanisms. It’s important for you to know what those are and be