⚠️Acknowledgments

While the core of Phase has been audited by the Omniscia team, there is no guarantee that Phase cannot be exploited. A few changes had to be made to a select few core contracts to make the protocol operate properly. These bugs weren't critical but included, for example, not depositing into underlying strategies. These changes can be found on the Github repo. More audits will be acquired in the future as the protocol starts to earn a profit.

While smart contracts automate transactions and enhance transparency, they can be vulnerable to sudden and immediate exploitation. Caution, research, and risk management are essential to navigate volatility and maximize benefits.

It's imperative for every user to acknowledge the inherent risks associated with smart contracts and their potential vulnerabilities. Balancing these risks with the benefits requires a well-informed approach. We firmly recommend always staying updated, understanding the implications of the changes, and ensuring that your decisions are made with a comprehensive understanding of potential outcomes.

While the Phase team puts all its efforts into building a secure and viable protocol and getting continuous audits, it cannot promise total safety. Interacting with Phase is an acknowledgment of these risks.