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Beefy Finance
Yield Aggregator
Overall Safety Score
72
This protocol demonstrates good safety standards with manageable risks. It has solid security measures in place.
Risk Assessment Breakdown
Smart Contract Risk
75%
This protocol has undergone multiple security audits and has been live for over 2 years without major security incidents.
Impermanent Loss
60%
Moderate risk of impermanent loss due to the volatility of paired assets in liquidity pools.
Market Risk
50%
Market conditions can impact yields and token valuations. The protocol has shown resilience in various market conditions.
Liquidation Risk
45%
The protocol has conservative liquidation parameters that help protect users from unexpected liquidations.
Tokenomic Design Risk
65%
The token distribution and emission schedule are designed to align incentives for long-term sustainability.
Security Audits & Practices
Certik Security Audit
January 2023
PeckShield Security Assessment
October 2022
Risk Mitigation Recommendations
- Diversify investments across multiple protocols to minimize exposure
- Start with smaller amounts to test the protocol's functionality
- Stay informed about market conditions that may affect yields
- Regularly check protocol updates and governance decisions
- Be cautious of unusually high APYs that might not be sustainable