> For the complete documentation index, see [llms.txt](https://docs.ichi.org/ichi-docs-v3/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ichi.org/ichi-docs-v3/resources/risks.md).

# Risks

{% hint style="warning" %}
Providing liquidity on app.ichi.org is not without risks. Please don’t supply your life savings, or assets you can’t afford to lose, to app.ichi.org.
{% endhint %}

### **Minting**

1. Smart contract issues, bugs, or economic loopholes/exploits with the ichi.farm protocol
2. Risks with the digital assets used as collateral, typically stable coins:
   * USDC risks: <https://support.usdc.circle.com/hc/en-us/articles/360001314526-Circle-USDC-Risk-Factors>
   * USDT risks: <https://tether.to/legal/>
   * Maker Dao risks: <https://makerdao.com/en/whitepaper/#risk-parameters-controlled-by-maker-governance>
3. Market, trading, liquidity, and exchange risks associated with non-collateral, cryptocurrency assets
4. Governance risks: Governance could make poor decisions on treasury management or important stable coin parameters, such as minimum reserve percentage

### **Liquidity Provision and Deposits to Vaults**

When providing liquidity on app.ichi.org, you are exposed to many risks:

* Smart contract issues
* Impermanent loss: <https://cointelegraph.com/news/report-impermanent-loss-on-uniswap-and-other-amms-is-always-permanent>
* Market, trading, liquidity, and exchange risks

### **Farming**

When staking liquidity pool tokens to get ICHI, the governance token, you are exposed to many risks:

* Smart contract issues
* Market, trading, liquidity, and exchange risks