🔓Security & Transparency

Safety and security are our top priorities.

Although Sigil Pools are resistant to price manipulation, they do possess some unavoidable vulnerabilities. Sigil Pool managers can invest pool funds in any ERC20 token, which means they might knowingly or unknowingly invest in a honeypot or rug pull token. As Sigil Pools are still a work in progress, issues like these may arise. It is crucial to understand the risks associated with using Sigil Pools and how to protect yourself.

Since the risks of using a pool are linked to the risks of investing in ERC20 tokens, general crypto investment safety rules apply to our pools. The most effective way to protect yourself is by investing only in pools with a trustworthy manager.

Aside from these minor issues, Sigil Pools are resistant to various types of attacks, such as reentrancy and oracle manipulation. Investor funds are also secure while in a pool, as pool owners can swap assets within the pool but cannot withdraw any assets. This means that your deposit is safe and can only be withdrawn by you.