Risks

Technical Vulnerabilities

Just as with any protocol, there are inherent technical vulnerabilities like smart contract and network attacks and unforeseen bugs. We have taken and will continuously audit our protocol and infra to try our best to mitigate these risks.

Governance Risks

Decentralized governance, while empowering users, may lead to issues such as slower decision-making processes or disagreements over protocol upgrades. If governance mechanisms are not effectively implemented, it can affect the stability and development of the protocol.

Cross-Chain Risks

The interaction between multiple chains, such as bridging assets across different networks, can introduce vulnerabilities. Issues with third-party bridges, for example, could lead to loss of funds or delays in asset transfers.

Regulatory Risks

Like many blockchain projects, Side Chain could be subject to regulatory changes that may impact its operation or require compliance with new laws