> For the complete documentation index, see [llms.txt](https://docs.union.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.union.finance/risk/in-progress.md).

# Types of Risk

 The main forms of risk are:

* **Credit Risk** — You are in control of who you trust in the protocol, and if they don't repay .
* **Contract Risk** — The union protocol is software, and while all efforts were taken to try and write safe software there is the risk of a bug in the code.
* **User Risk** — Unions smart contracts are permissionless and they're deployed on ethereum which is also permissionless, as such any loss of funds due to user error is likely irreversible.