*οΈRisks
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Although we try to minimise risk, any DeFi protocol carries risk. Here are some potential risks involved with Zelo.
Despite multiple security measures, smart contracts might contain vulnerabilities or logic errors undiscovered during the development and testing phases.
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.
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.
The value of SOL and jitoSOL could be highly volatile, affecting the staked value and rewards. Extreme market movements could impact the protocol.
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