By entering Power Mango, each user should be aware that there are some risks connected to the service.
- Risks of a technical nature
Power Mango utilizes the ‘Compound’ protocol to connect your assets to borrowers in a secure way that brings interest. So far, Compound has proven to be stable and extensively tested, but the software behind it might contain bugs or security vulnerabilities.
- Risk of borrowing
By using Power Mango services, your assets are collected in a pool and then landed by borrowers. Borrowers have to over-collateralize each lending amount, providing security to the lender, but specific events, like a rapid drop of collateralised funds might lead to partial investment loss.