> For the complete documentation index, see [llms.txt](https://docs.earn.polynomial.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.earn.polynomial.fi/risk.md).

# Risk

### Market Risk

Vault Strategies are subject to market risks that might adversely affect the user, these are discussed in detail in the [Vault strategies](/vault-strategies/call-selling.md).

### Smart Contract Risk

Smart contracts are nascent technology and are subject to risks associated with code. The vaults are peer-reviewed smart contracts with an audit from :

* [Peckshield](https://peckshield.com/)

Audits and peer reviews don't nullify the possibility of an exploit or hack, and we advise the users to only risk the amount of money they can afford to lose.