> For the complete documentation index, see [llms.txt](https://ovro.gitbook.io/ovro-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ovro.gitbook.io/ovro-docs/resources/risks.md).

# Risks & disclaimer

OVRO is an on-chain protocol. Participation involves risk and may be subject to local laws and regulations. Crypto assets can lose value. No outcome or return is guaranteed.

## Main risks

* **Chance.** A raffle is a game of chance. Most tickets do not win.
* **Smart contracts.** The contracts are tested but **not yet audited**. Bugs can lead to loss of funds.
* **Token.** $OVRO trades freely and its price can fall to zero. Holding $OVRO grants access to raffles, not a claim on revenue, profits or assets of the protocol.
* **Third parties.** OVRO depends on Robinhood Chain, Pons V2, Uniswap v4 and the drand network. Failures or changes in those systems can affect OVRO.
* **Regulation.** Games of chance and crypto assets are regulated or restricted in many jurisdictions. You are responsible for making sure your participation is lawful where you live.

## Disclaimer

Nothing in this documentation is financial, investment, legal or tax advice, or an offer or solicitation to buy any asset. OVRO makes no claim of regulatory compliance in any jurisdiction. Terms of use will be published after legal review.


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# Agent Instructions
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## Querying This Documentation
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