Risks

General Risks

All DeFi protocols, including Blueberry, come with risks, which are important to understand before depositing significant amounts of crypto. Some of the main risks involved in using Blueberry are outlined here.

Smart Contract and UI Risk

There is a risk that the smart contract or UI has a bug or exploit for unexpected behavior resulting in loss of funds. This risk is inherent to all smart contracts and relies upon the discipline of the development community, core contributors, and auditors.

Blockchain Risk

The Ethereum blockchain remains under development, which creates technological, uncertain, and security risks that Blueberry has no control over. The cost of transacting on the Ethereum blockchain is variable and may increase or decrease at any time causing an impact on any activities taking place on the Ethereum blockchain, which may result in losses, price fluctuations, or increased costs.