> For the complete documentation index, see [llms.txt](https://blocksmithlabs-1.gitbook.io/zelo-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://blocksmithlabs-1.gitbook.io/zelo-docs/risks.md).

# Risks

Although we try to minimise risk, any DeFi protocol carries risk. Here are some potential risks involved with Zelo.

### Contract Risk

Despite multiple security measures, smart contracts might contain vulnerabilities or logic errors undiscovered during the development and testing phases.

### Oracle Manipulation Risk

The protocol's reliance on external oracles (e.g., Pyth, Switchboard) for price feeds introduces a risk if these oracles are manipulated or provide inaccurate data. This could affect the fairness in determining winners or the correct allocation of staking yields.

### Regulatory Risk

The regulatory environment for DeFi and cryptocurrency is evolving. Changes in regulation could impact the operation or legality of the Zelo Protocol in different regions of the world.

### Market Risk

The value of SOL and jitoSOL could be highly volatile, affecting the staked value and rewards. Extreme market movements could impact the protocol.