FriendFi
  • 1. Introduction
  • 2. FriendFi's Vision: A New Form of Finance Based on Credit
  • 3. How FriendFi Works
  • 4. Integration with Virtuals Protocol
  • 5. Utilization of G.A.M.E Framework
  • 6. Tokenomics
  • 7. Roadmap
  • 8. Risks and Mitigation
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8. Risks and Mitigation

  • Regulatory Risk: The trends in cryptocurrency and DeFi regulations in each country may impact FriendFi's business development.

    • Mitigation: We will closely monitor the trends of regulatory authorities in each country and operate our business in compliance with legal requirements. We will also work with experts to minimize legal risks.

  • Security Risk: Vulnerabilities in smart contracts and cyberattacks such as hacking may impact the security of the platform and user assets.

    • Mitigation: We will conduct security audits by third-party organizations to ensure the security of smart contracts. We will also constantly update security measures to address the latest threats.

  • Market Risk: Price fluctuations in the overall cryptocurrency market may impact the prices of the $FRIEND token and credit tokens.

    • Mitigation: We will strive to improve the intrinsic value of the $FRIEND token and credit tokens through the development of a sound token economy and continuous improvement of the platform. We will also introduce mechanisms to curb excessive speculation.

Previous7. Roadmap

Last updated 1 month ago