> For the complete documentation index, see [llms.txt](https://syrup.gitbook.io/syrup/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://syrup.gitbook.io/syrup/legal/risks.md). # Risks Use of the Syrup Protocol involves risks, including but not limited to Smart Contract Risk, Default Risk, and Risk of Loss. ### Admin Controls The Maple DAO has administrative controls over certain aspects of the protocol that are utilised by Syrup. ### Smart Contract Risk Smart contracts increase their risk profile with the amount of value they hold. The Maple team takes this threat very seriously and has audited the protocol code both internally and externally. The most recent version of the smart contracts has been audited by [Spearbit](https://spearbit.com/), [Three Sigma](https://threesigma.xyz/labs/code-audits) and [0xMacro](https://0xmacro.com/). More information can be found in the [Security](https://maplefinance.gitbook.io/maple/technical-resources/security) section of the Maple documentation. ### Default Risk Syrup provides access to loans originated to institutional counterparties. These loans are governed by Master Lending Agreements and collateral is posted to secure each of them. However, each loan is subject to the risk of default and could lead to potential losses for Lenders. ### Risk of Loss Holding, lending, or borrowing digital assets involves a substantial degree of risk, including the risk of complete loss of those assets. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://syrup.gitbook.io/syrup/legal/risks.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.