UNO
  • Introduction to UnoFarm
    • Aggregation within unified interface
    • Analytics
    • Better than manual farming
  • Where UnoFarm generate yield from?
  • UNO Ecosystem
    • Supported chains
    • Community channels
    • Fees
  • 🎓Tutorials
    • FAQ
    • Using UNO
      • Wallet creation and configuration
      • Wallet top up
      • Staking on UNO
        • Choosing a pool for investment
        • Providing of liquidity
          • Tokens exchange in DeFi
        • Withdrawal
    • Yield farming risks
  • 🗂️More
    • Brand book & guidelines
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  1. Tutorials

Yield farming risks

Yield Farming contains risk as any financial instrument. DeFi risks differes from classic types of risks in traditional finances. Meaning that you must educate yourself about it and be as aware of those as possible. Main DeFi risks are:

  • Loosing of your private keys or getting hacked equals to loss of all funds

  • Any protocol could get attacked and hacked

  • Impermanent Loss.

  • Rug-pulls and scams.

  • A stablecoin could lose it's peg.

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Last updated 3 years ago

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