Disclaimer
Last updated
Last updated
DeFi and smart-contracts inherently carry risks; no amount of audits or white-hat testing can guarantee absolute safety against yet-to-be-discovered vulnerabilities. If an unidentified exploit or hack occurs, you could lose your entire deposit, as there are no refunds. By using Inverse Finance's products such as FiRM and Frontier, you acknowledge and accept these risks, understanding that all protocols deployed by Inverse (however thoroughly tested or audited) inevitably carry a degree of smart-contract and market exposure. Inverse Finance is a decentralized, open-source protocol with no central authority or organization, and our products are provided “as is,” without warranties or guarantees of any kind. Inverse Finance does not endorse or recommend any particular use or implementation of its products, and is not responsible for any losses or damages that may result from their usage. Users of FiRM are to follow any local laws applicable when using FiRM and users are solely responsible for their own actions, and Inverse Finance will not be liable for any damages or losses that may result from the use of FiRM. By using FiRM, users acknowledge and agree to these terms and conditions.
Furthermore, articles provided herein are intended solely for informational purposes and do not constitute financial or investment advice. Readers are strongly encouraged to conduct their own thorough research, consult with qualified financial professionals, and carefully evaluate the associated risks before making any investment decisions. Inverse Finance and its affiliated parties shall not be held liable for any financial losses, damages, or consequences arising from the use of risk assessments or the implementation of proposed initiatives.
To help protect against potential losses, users can purchase one or more of three Nexus Mutual cover products, each tailored to different aspects of Inverse Finance’s ecosystem:
– Provides coverage against exploits or failures specifically impacting FiRM, including smart-contract hacks and governance attacks.
– Protects user funds involved in sDOLA, safeguarding against contract vulnerabilities and malicious liquidations.
– Offers coverage if DOLA loses its peg by a specified percentage for a defined duration, compensating for losses incurred by a prolonged depeg event.
All of these covers are discretionary, with final decisions on payouts determined by Nexus Mutual members. Users should review Nexus Mutual’s documentation and terms for details on eligibility, exclusions, claim processes, and limitations. Inverse Finance does not endorse or guarantee coverage from Nexus Mutual and will not be liable for disputes or decisions arising from any claim or policy.