Risk Disclosure

ENNI smart contracts are provided under the UNLICENSED license and are fully public. The smart contracts are the only agreement. There are no warranties, no guarantees. Any loss is on you. Use at your own risk.

Dependencies

ENNI contracts use battle-tested libraries from OpenZeppelin and rely on third-party dependencies including:

  • Chainlink and RedStone oracle feeds for ETH pricing
  • USDC (Circle), USDT (Tether), and ZCHF (Frankencoin) as backing stablecoins
  • The Ethereum network itself

These dependencies carry their own risks outside the protocol’s control. Oracle feeds can go stale, stablecoins can depeg, and the Ethereum network can experience congestion or reorganizations.

Audits

The protocol has been audited by Hashlock and Blockbite. No audit eliminates all risk. Audits are a point-in-time review and do not guarantee the absence of bugs or vulnerabilities.

Immutability

All core contracts are immutable. There are no admin keys, no governance, no upgrade mechanisms, and no pause functions. Once deployed, the protocol cannot be changed, fixed, or stopped by anyone. This is a feature, not a limitation - but it means that any bug that survives deployment is permanent.

No Guarantees

The 5% savings APR is funded by the protocol’s reserve surplus. There is no external revenue, no token emissions, and no speculative yield strategy backing it. The rate is fixed at the contract level and cannot be adjusted. If market conditions change significantly, the protocol cannot adapt.

Disclaimer

This is not legal or financial advice. Do your own research.

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