What can go wrong
Plain list. Snowmen can lose value.
| Risk | What it means for a holder |
|---|---|
| token goes to zero | the LP position becomes mostly token; the Snowman is worth its quote reserve |
| impermanent loss | market makers underperform holding when price moves a lot either way |
| Pons redirects the fee recipient | three-day warning via the timelock, then fees stop; surfaced on the site |
| Pons v2 unaudited, shared admin key | protocol-level risk outside our contracts |
| market hours | tokenized stocks gap at the open |
| permissionless harvest slippage | harvest takes a minimum-out and a standing floor; a TWAP feed is the real fix |
| stranded assets on merge | anything not in the sweep list is lost with the donor; the site lists everything it can see |
| our contracts are code | audited and open source is not the same as safe |
Pairs and prices: JENSEN/NVDA, APPLE/AAPL, TESLA/TSLA, HOOD/HOOD, PONS/USDG. None of this is investment advice.