⚠️Disclaimer: Risks of Using Protocol⚠️
Archimedes Finance is a decentralized lending and borrowing marketplace that allows users to deposit assets and use them as collateral to create leverage positions by borrowing the protocol’s native stablecoin, lvUSD, against them. The Archimedes marketplace is made up of both proprietary and free, public, and open-source software.
Your use of Archimedes involves various risks, including, but not limited to, losses while digital assets are deposited into Archimedes via smart contract or economic exploits, and losses due to liquidations, depegging and redemptions. Before borrowing, taking leverage, or liquidity providing, you should fully review the rest of our documentation to understand how the Archimedes marketplace works.
While our code has been thoroughly audited by multiple independent software security firms, there remains a risk that assets deposited into the protocol as well as the lvUSD and ARCH tokens may suffer complete and permanent economic loss should the protocol’s technical or economic mechanisms suffer catastrophic failure.
THE ARCHIMEDES FINANCE PROTOCOL IS PROVIDED “AS IS”, AT YOUR OWN RISK, AND WITHOUT WARRANTIES OF ANY KIND. No developer, personal or entity involved in creating Archimedes Finance will be liable for any claims or damages whatsoever associated with your use, inability to use, or your interaction with other users of Archimedes Finance, including any direct, indirect, incidental, special, exemplary, punitive or consequential damages, or loss of profits, cryptocurrencies, tokens, or anything else of value.