Post
Topic
Board Announcements (Altcoins)
Re: [ANN] STABLE - Stabilizing Digital Tokens
by
Stable Project
on 11/08/2017, 08:15:48 UTC
When trading there are always losses. Could you estimate potential losses ?

Sorry for the delayed answer:

The losses can come from several sources:
- the strategies and trading performed by the project team,
- activities in control of cryptocurrency exchanges,
- activities related to ethereum protocol,
- other unexpected events.

Concerning the activities in control of the project's team, they are aimed at delivering relatively low risk as compared to other tokens, so the expected interim losses (that may occur from time to time) are also much smaller than that of bitcoin, ethereum, etc.

However, please note that a substantial portion of project's assets will be kept at cryptocurrency exchanges, which have, in the past been subject to hacking and theft. Also, the ethereum protocol is new and may be subject to bugs or security weaknesses, which are beyond project's team (or anyone's) control.

Please refer to the section dealing with risks in the legal document, as posted on the project's website:
https://stable.foundation/legal-info/