What is Economic risk?

Silo relies on economic models and price feeds to derive parameters for our markets. If these inputs contain errors, this may result in output errors that could put user funds at risk.

What precautions has Silo taken to prevent this?

Economic Models

Silo's economic models, including our interest rate model, undergoes the same rigorous testing as our smart contracts.

This includes:

  • Auditing

  • Formal verification testing

  • Bug bounty programs

Read more about our processes in the Audit category.

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