Risks
1) Qist Smart Contract Risk
Risk: vulnerability within our smart contract architecture.
Mitigation: $250k TVL cap on closed beta until external smart contract audits are completed.
2) DEX Smart Contract risk
Risk: smart contract vulnerabilities within the DEXs we market-make on.
Mitigation: these DEXs have been multi-audited. More info:
3) Stablecoin Depeg risk
Risk: stablecoin token deviates from its pegged value of $1.
Mitigation: only market-making stablecoins issued by companies backed by cash, cash equivalents and T-bills, with regular audits and reserve reports: USDC, USDT, PYUSD, FDUSD, USDG.
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