You can learn more about the possible risk here: https://docs.ousd.com/v/en/security-and-risks/risk However, we minimize possible risks by: - Only using DeFi protocols that are audited and have a lot of users. - Checking the code of DeFi protocols by ourselves before using. - Using a diversified set of yield-earning strategies, automatically rebalancing over time. - Hired many 3rd parties to audit for OUSD smart contract. - Having 3rd parties that provide insurance for OUSD. 👉Learn more about how Ousd works here: https://docs.ousd.com/
Thank you for that, much appreciate One more question I had. If someone had $1000 OUSD , what would be the process and cost of getting that into USD ? Is it subject to ETH gas fees(?)
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