APY.Finance
  • APY.Finance
  • Getting Started
    • APY Tokens
    • User Guide
    • Reserve Pool Safeguard
  • Whitepaper
    • Litepaper
    • The Convex Index
  • Roadmap
    • 2022 Roadmap
  • Smart Contract Integration
    • Liquidity Mining Pool
    • APY.Finance Security
  • Token Utility
    • Boost-Locking
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  1. Getting Started

Reserve Pool Safeguard

PreviousUser GuideNextLitepaper

Last updated 3 years ago

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The platform has a reserve-pool safeguard which prevents the pools and user’s funds from being drained in the rare black-swan event of a system-wide hack or exploit.

With the safeguard in place, account holders that own a large portion of the TVL will not be able to instantaneously make large withdrawals of ~10% or more of the TVL at the time of withdrawing.

To avoid the necessity of making large withdrawals over a longer period of time, contact prior to withdrawing to ensure these withdrawals don’t activate these safeguards.

reservepool@apy.finance