Velor

Pre-launch. Velor is in development. These docs describe the protocol as it will operate at mainnet launch: contract addresses, audit reports, execution-quality data, and live track records will be published here the moment they exist.

Part II · For Depositors

Risks, honestly

We'd rather lose a deposit than surprise a depositor. The full list:

RiskWhat it meansWhat softens it
Market riskStocks fall; your basket falls with themDiversification, risk labels, drawdown brakes, but never eliminated
Strategy riskA strategist's judgment can be wrongPosition caps, turnover limits, full transparency of every move
Issuer riskThe stock tokens are issued by a Robinhood-affiliated entity (RHJ); if that issuer failed, tokens could lose value regardless of the stocksDisclosed on every basket; this is a structural property of tokenized stocks today
Smart-contract riskBugs in vault codeIndependent audits, bug bounty, deliberately minimal code, capped protocol-wide exposure in early months
Liquidity riskThin markets can make large trades expensiveBasket capacity caps sized to real market depth; we close baskets to new money rather than degrade execution
Chain riskRobinhood Chain could halt or censorIn-kind exit resumes with the chain; funds are never dependent on Velor's own infrastructure
Weekend gap riskStocks reprice at Monday open after weekend newsWeekend orders queue to Monday's window; the gap belongs to the market, not to a hidden counterparty

What you will never see on Velor: projected returns, backtests presented as performance, or an APY in a headline. Live track records only.