Skip to content

Risks

MetFi DAO, its protocol, and ecosystem, is a radically innovative project built on an already revolutionary technology called a blockchain. The protocol and ecosystem have been built from the ground up and is already in unchartered territory seeing that a project like MetFi has never been previously deployed to the best of the writer’s knowledge. MetFi DAO has pushed the very limits of smart contract, DeFi, and on-chain execution to levels never seen before.

As with all new ideas and protocols, participation in the MetFi ecosystem comes with a high degree of risk. Never spend more than you are willing to lose and only proceed if you are prepared to bear all of the consequences that may come via your participation, which includes but is not limited to, losing 100% of your funds.

Hacks & Exploits

MetFi DAOs code was written by experts and security was and remains a top priority. Nevertheless, there is always a chance, as with any other organization and government in the world that MetFi may be the victim of a hack or exploit that could result in the loss of 100% of your funds.

MetFi DAO has taken all the necessary steps to prevent such an occurrence which includes not disclosing all of its smart contracts to the public.

An extensive audit, conducted by a leading independent auditing firm of all MetFi smart contracts should be concluded before the public disclosure of all smart contracts as withholding them, for now, makes it more difficult for a hack or exploit to occur.

Private Keys

Never share your private wallet keys or seed phrase with another person, including any MetFi representative, or any person claiming to represent MetFi. MetFi will never ask you for your private keys or seed phrase under any circumstances!

Team Members, Administrators, and Moderators

MetFi representatives will never initiate contact with you and you will never receive an email from MetFi DAO. You may be asked to send a private message to an administrator or moderator on a social channel to help you resolve your matter privately, but before you initiate contact always check to see that they have an official role on the social channels, such as that of an administrator or moderator.

Even then, never share your private keys with them and never click a link that they ask you to click as doing so could remove all assets from your wallet, including your MetFi NFT, MFI tokens, and all the associated benefits that the NFT receives in the future, and unfortunately there is nothing that MetFi can do to stop it or return your assets to your wallet.

MetFi is growing rapidly and while all efforts will be made to stop bad actors from gaining an official role some bad actors may slip through the cracks to deceive you and steal your assets so always be suspicious and always proceed with extreme caution.

If you see or experience unusual or suspicious behavior immediately alert the MetFi community in Discord or Telegram.

MetFi DAOs official channels can be found at metf.io.

Announcements

Do not believe anything you hear or are told about MetFi DAO outside of official MetFi channels and only then if the information comes from an official MetFi team member. Even then proceed cautiously in case a bad actor has slipped in unawares.

MFI Token Value

The market determines the price of the MFI token. MetFi DAO makes no guarantees on the price of the MFI token at any moment in time, now and forever.

Code Bugs

MetFi DAOs code was written by experts and thoroughly tested before its deployment on May 21, 2022. Not a single bug has been discovered since deployment. Nevertheless, there is always a possibility that a bug or error will be found in the code at a future date. If the bug is not critical MetFi DAO will vote on whether to correct it. If it is critical and cannot wait for the 3-day voting period to pass the MetFi DTF should fix the bug or error at the earliest possible opportunity.