Risk Disclosures
This Risk Disclosure Statement ("Statement") provides a general overview of the risks associated with the services offered by Shield Layer. This Statement is for informational purposes only and does not constitute investment or legal advice. We do not guarantee the reliability, accuracy, or completeness of the information contained herein, nor do we assume any liability regarding financial results based on the use of our Services.
The risks outlined in this Statement are not exhaustive. Users should conduct their own assessment of the suitability of using crypto assets and our Services based on their own investigations, research, experience, financial resources, and goals. You should not engage with crypto assets unless you understand their nature and the extent of your exposure to risk.
Key Risks:
Legal Status of Crypto Assets: Most crypto assets are not legal tender in most jurisdictions and are not backed by any central government. Even though some countries are actively legislating regarding crypto assets, it is still extremely rare for nations to recognize them as legal tender.
Volatility and Uncertainty: Crypto assets have historically shown high price volatility relative to fiat currencies.
Liquidity Risk: It may be difficult to sell or exit a position in crypto assets when desired, especially during periods of high volatility.
Market Manipulation: The crypto market may be susceptible to irrational market forces, manipulation, scams, and fraud.
Cybersecurity Risks: The digital nature of crypto assets makes them susceptible to various forms of cyber attacks and financial crime.
Irreversibility of Transactions: Most crypto transactions are irreversible, making recovery of lost funds due to fraud or error transactions.
Regulatory Uncertainty: The regulatory landscape for crypto assets is evolving and uncertain, which may impact Shield Layer's operations or the legality of user participation in certain jurisdictions.
Third-Party Risks: Shield Layer may rely on third-party services such as payment providers, custodians and exchanges, exposing users to additional risks beyond our direct control.
Tax Implications: Users are responsible for determining and paying any applicable taxes on their crypto transactions.
No Investment Advice: Shield Layer does not provide investment, financial, trading, or any other form of advice. Users are solely responsible for their investment decisions.
Availability of Services: We do not guarantee uninterrupted availability of our Services.
Governance Risks: Decisions made through Shield Layer's governance process may not align with individual users' interests.
By using Shield Layer's Services, you acknowledge that you have read, understood, and accepted these risks. We strongly encourage users to conduct their own research and seek professional advice before participating in our protocol.
Shield Layer is committed to transparency and will strive to update these risk disclosures as the protocol evolves. However, users should remain vigilant and stay informed about the latest developments in the DeFi space.
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