Let's talk about smart contract risks:
Many protocols' contracts can be upgraded through proxy contracts, and the administrator keys that control upgrade permissions are themselves a risk.
An audit doesn't guarantee security: audits have limited scope and time, and can only reduce the likelihood of common vulnerabilities—they can't eliminate every issue.
$ETH 2538.16(+1.22%)
#ETH
Many protocols' contracts can be upgraded through proxy contracts, and the administrator keys that control upgrade permissions are themselves a risk.
An audit doesn't guarantee security: audits have limited scope and time, and can only reduce the likelihood of common vulnerabilities—they can't eliminate every issue.
$ETH 2538.16(+1.22%)
#ETH