Union Protocol (v2)
  • Introduction
  • Important Links
  • 🌐Protocol Overview
    • How Union Works
    • Plain English (Detailed)
    • Use Cases
    • v1->v2 changelog
    • FAQ
  • ⚖️Governance
    • UNION DAO
      • Community Delegates
      • Gaurdians & Multisigs
    • UNION Token
    • Governance Process
      • Technical Implementations
    • Glossary of Terms
  • 🔨Developers
    • Union Contracts Overview
    • Contract ABIs & Addresses
    • Core Components
      • UserManager
        • UserManagerERC20
        • UserManagerDAI
      • uToken
        • UDai
        • UErc20
      • AssetManager
      • Comptroller
      • MarketRegistry
      • InterestRateModel
      • PureTokenAdapter
      • AaveV3Adapter
    • Governance
      • UnionToken
        • ArbUnionWrapper
        • ArbUnion
        • OpUnion
      • Governor
      • Timelock
    • Union SDK
    • Union Data
      • Documentation
    • Peripheral & Fun Contracts
    • GraphQL Endpoints
  • 🚴User Guides
    • Becoming a Member
    • How Bridging Tokens Works
      • Bridge UNION token from Arbitrum to Ethereum
    • Voting & Delegation
      • Delegation from Gnosis
    • Vouching & Lending
  • 👩‍💻Developer Guides
    • In Progress
  • ⚠️Risk
    • Types of Risk
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  1. Risk

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.

PreviousIn Progress

Last updated 10 months ago

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