Safety: Are My Funds Secure?

Yes. We prioritize the security of your funds through on-chain transparency. You are always in control.

Our Security Model

• On-Chain Transparency: Every transaction is recorded on the Base blockchain, creating a permanent and verifiable record. You can independently verify all market activities, from staking to settlement, using a block explorer.
• You Hold the Keys: Your funds are secured by your wallet's private key. Only you can authorize transactions. Always keep your private key and seed phrase safe and never share them.

Understanding Inherent Risks

While we have built a secure platform, it's important to understand the inherent risks of any DeFi application. Our "no-loss" model means your principal is intended to be returned under normal operation, but this is not a guarantee.

Potential risks include (but are not limited to):

• Smart Contract Risk: The risk of bugs, exploits, or errors in our code or the code of third-party protocols.
• Third-Party Protocol Risk: The risk of failure or exploit in the protocols we integrate with, such as Aave.
• Stablecoin Risk: The risk that USDC could lose its 1:1 peg to the US dollar.
• Network Risk: The risk of chain halts, reorgs, or other blockchain-level issues.

Important Disclaimers

• Legend Stake is not a bank and your funds are not FDIC or SIPC insured.
• All final payouts are determined by the on-chain smart contract logic at the time of resolution.
• Please see our Terms of Service for a complete overview of risks, eligibility, and jurisdiction rules.