# Risks

When you use Pool Party, you do so **at your own risk**. The protocol has not been audited yet and the use of the protocol ought to be considered experimental and high risk due to the nature of the early stage defi market and smart contract technologies.\
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The team, developers and the DAO participants have no responsibility for your funds used in the pools. You deposit entirely at your own risk. Always make sure to do proper due diligence before you enter funds into any DeFi protocol.\
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Pool Party pools are governed by smart contracts and the Pool Party team does not have any custody of the funds used, in other words, it is fully self-custodial. <br>