Bavala Finance core team and community have put and made every effort to ensure the security of funds as there are significant risks of losing some or all of your funds by using this protocol. Going through this section will assist you in understanding the types of risk you are taking, as well as what has been done to mitigate them and how to mitigate them further.
Protocol Dependency Risk
Several other protocols are used in Bavala Finance Protocol. As a result, the first type of risk is the risk that these other integrated protocols can fail.
By using Bavala Finance, you are accepting the risks associated with the BSC network, the collateral you are depositing, and the yield service .
The protocol only integrates with well-known and secure protocols in order to reduce this risk.