against the risks using the smart yield in community premium if anything would happen (e.g. hack, impermanent loss, other) and how the process would be if anything would happen to get the lost funds back?
There's a safety net progran but it doesnt cover all your funds. You can read about it in the Smart Yield report
“The previous 25% allocation of yield earnings to the Safety Net has been reallocated to the yields themselves, resulting in a yield boost for our users.” Hmmm so that means they there is kess coverage now but more yield for the users..
I think they realised that it wasn't needed...
Lets see… until we have like something like the first mount gox like defi hacks that no-one expects 🙈
Means the Safety Net is static now, yes
Every month some defi get hacked thats why SB only use Bluechips Plattforms you can read the monthly report beside this SB split the money in different plattforms that means if one of them get hacked there are only 25 or 30% of your money in not the 100% like you would invest by yourself. And sure there is risk like in every Investment else on this wiäoeld thats why you get money back.
No risk no fun
No pain no gain
Nothing ventured, nothing gained
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