# Risks There are no completely risk-free protocols in the blockchain industry. Smart Contract risks and liquidation risks are just two examples of the protocol's potential concerns. By conducting audits and maintaining an open-source, public protocol, the team has taken the required precautions to reduce these risks as much as feasible. ### Liquidation Risks Any asset that is provided to or borrowed from the protocol is subject to price fluctuations and market volatility. Due to that nature, liquidations are possible. ### Smart Contracts Risks The IGNIS Protocol will be interacting with a multitude of smart contracts. All smart contracts are subject to risk regardless of code or quality which can lead to vulnerabilities, exploits or failure within the smart contracts. In turn, this can potentially cause assets to be forfeited. --- # Agent Instructions: 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: ``` GET https://docs-ignis-fi.gitbook.io/ignis-finance/risks.md?ask= ``` The question should be specific, self-contained, and written in natural language. 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.