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Known Risks

No user funds are deposited to the contract. The contract only holds the 0.50% affiliate fee collected from swaps. User swap outputs go directly to the user's wallet - user funds never touch the contract.

Smart Contract

  • Contract bug - A bug in the contract could lock or misdirect staked ATOM. The contract has been audited through multiple rounds, but no audit provides absolute guarantees.
  • CosmWasm on Cosmos Hub - A chain-level bug in the CosmWasm runtime could affect all contracts on the Hub.

Operational

  • Processing downtime - If the automated fee processing cycle stops, fees accumulate but do not get staked. This is a delay, not a loss. Once ATOM has been delivered to the staking contract, all remaining operations (delegation, compounding, rebalancing) can be triggered by anyone directly on the contract. The operations cut from staking rewards covers gas costs, making the bot self-sustaining.

External Dependencies

  • Skip Go API - If Skip Go goes down or changes their API, new swaps stop working. Already-staked ATOM is unaffected and continues earning staking rewards.
  • Skip fee changes - Skip Go takes a revenue share from the 0.50% swap fee. If Skip increases their share, less ATOM flows to validators. The user always pays the same 0.50% fee regardless.