Risk Disclosure

This disclosure summarizes material risks of using the VOVO Money interface and VOVO Earn. It cannot identify every risk or predict how risks may combine. Read it with the Terms of Use and make your own informed assessment before authorizing a transaction.

1. You can lose all of your assets

Digital assets and decentralized-finance positions are speculative and can lose some or all of their value. A technical failure, economic event, malicious action, user mistake, legal change, or combination of events could cause partial or total, permanent loss. Neither principal nor yield is insured or guaranteed by VOVO. Only transact with assets you can afford to lose.

2. Non-custodial does not mean risk-free

You retain control of your wallet and authorize transactions yourself. VOVO does not hold your private keys or custody your Earn assets, and the current Earn flow has no VOVO-owned smart contract controlling those funds. This structure reduces certain custody risks but does not eliminate smart-contract, stablecoin, market, wallet, interface, network, or other risks. VOVO generally cannot stop, reverse, or recover a blockchain transaction.

3. Smart-contract and third-party protocol risk

VOVO Earn interacts with external Morpho infrastructure and a Steakhouse-curated USDG vault. Smart contracts may contain bugs, vulnerabilities, unexpected behavior, or design flaws. They may be exploited, upgraded, paused, deprecated, governed, or configured in ways that cause loss or make assets unavailable. Audits, reviews, curation, simulations, or past operation—where they exist—cannot prove that code is safe.

VOVO does not control third-party protocol governance, borrowers, collateral markets, liquidations, vault allocation, risk parameters, caps, fees, or emergency actions. Configuration or curation changes can alter exposure and risk without a corresponding change to the VOVO Interface.

4. USDG and stablecoin risk

USDG is intended to track a reference value, but stablecoins are not cash deposits and are not inherently risk-free. USDG could trade above or below its intended value, including because of reserve, redemption, issuer, custody, counterparty, liquidity, market, operational, technical, banking, or regulatory events. A loss of confidence or “depeg” may be sudden and may reduce both the value of your deposit and the amount you can recover.

5. Variable APY and yield risk

APY is variable and not guaranteed. Current or historical APY does not guarantee future rates or returns. Borrowing demand, utilization, liquidity, incentives, vault allocation, fees, losses, and protocol changes can reduce yield, potentially to zero or below the economic effect of costs, inflation, taxes, or asset-price changes. Displayed APY may be delayed, estimated, or calculated differently from your realized return.

6. Liquidity and withdrawal risk

A displayed balance is not a promise that the full amount can be withdrawn immediately. Available liquidity may be reduced by borrowing, market stress, protocol limits, paused contracts, network conditions, queued or failed transactions, or other users’ actions. Withdrawals may be delayed, partially available, unavailable, or worth less than expected. Attempting to withdraw may also incur gas or other third-party costs.

7. Oracle, pricing, and data risk

Protocols may rely on price oracles, market feeds, indexers, APIs, and accounting logic. Data can be stale, delayed, unavailable, manipulated, incorrectly configured, or wrong. Oracle or pricing failures can contribute to bad debt, incorrect liquidations, mispriced collateral, distorted APY, or loss. Figures displayed by VOVO may lag the authoritative onchain state.

8. Robinhood Chain and blockchain risk

VOVO Earn currently relies on Robinhood Chain. Blockchains can experience congestion, outages, reorganization, consensus or validator failures, forks, upgrades, attacks, unexpected finality behavior, or changes to fees and rules. Transactions can remain pending, fail, be replaced, or confirm later than expected. Assets bridged to or issued on a network may also depend on systems outside that network.

9. Gas and transaction risk

You need the applicable network asset to pay gas. Gas prices fluctuate, and fees may be paid even for a failed or reverted transaction. Incorrect amounts, addresses, networks, slippage settings, token contracts, or transaction data may cause loss. Blockchain transactions are generally irreversible once confirmed, and VOVO cannot guarantee inclusion, order, execution price, or successful completion.

10. Wallet, signing, and approval risk

Anyone with your private key, seed phrase, device access, or wallet authorization may be able to transfer your assets. Malware, phishing, impersonation, compromised extensions, unsafe devices, and lost recovery information can cause permanent loss. Token approvals or other signatures may grant contracts permission over assets and can remain effective beyond a single interaction.

Review every wallet prompt before signing. Verify the website, network, transaction destination, asset, amount, spending permission, and other details. Do not sign messages or transactions you do not understand, and never share your seed phrase or private key.

11. Frontend, RPC, and infrastructure risk

The VOVO website, its dependencies, domain infrastructure, APIs, hosting, RPC connections, wallet-connectivity services, or your local browser may fail, be unavailable, provide inaccurate information, or be compromised. A malicious or defective interface could present incorrect transaction details; your own review of the wallet prompt remains important. RPC or API disagreement, downtime, censorship, latency, or stale data may prevent the Interface from showing the latest state or submitting a transaction.

12. Cybersecurity risk

VOVO and third-party systems may be affected by software vulnerabilities, supply-chain compromise, denial-of-service attacks, credential theft, malicious governance, social engineering, or other cyber incidents. Security controls reduce but do not eliminate risk. A non-custodial design does not prevent loss caused by a malicious authorization, vulnerable contract, compromised device, or deceptive interface.

13. External services, configuration, and availability

Wallet providers, Reown/WalletConnect, Morpho, Steakhouse-curated infrastructure, USDG systems, Robinhood Chain, RPC services, or other dependencies may change terms, fees, interfaces, configurations, access, or availability. They may cease operating or restrict users or regions. VOVO cannot ensure continued compatibility or access and may modify, suspend, or discontinue the Interface.

14. Regulatory, legal, and tax risk

Laws and regulatory treatment of digital assets, stablecoins, decentralized protocols, and interfaces are uncertain and can change. A change may affect access, transferability, value, reporting, taxation, or legality, and may occur with little notice. Your transactions may create tax, reporting, sanctions, or other obligations. VOVO does not provide legal or tax advice; seek advice appropriate to your circumstances.

15. No advice; your decision

Information, labels, rates, and risk controls shown by VOVO are not investment, financial, legal, or tax advice and do not establish that a transaction is suitable or safe for you. They are not a substitute for reviewing onchain details, third-party documentation, and your own financial circumstances. By using the Interface, you acknowledge that you understand these risks and decide independently whether to proceed, subject to rights that applicable law does not permit you to waive.