Risk Disclosure
Last updated: March 25, 2026 | Version: 1.0
Participating in Pyrapolis involves significant risks. You should only participate with funds you can afford to lose entirely.
1. Smart Contract Risks
- Code vulnerabilities: Despite testing and audits, smart contracts may contain undiscovered bugs that could lead to loss of funds
- Immutability: Deployed contracts cannot be modified. Critical bugs may require migration to new contracts
- Composability risks: Interactions with other DeFi protocols or contracts could introduce unexpected behavior
- Oracle risks: Any future price oracle integration could be subject to manipulation
- Admin key risks: Admin functions (pause, rate changes, emergency withdraw) are controlled by designated addresses. Compromise of these keys is a systemic risk
2. Blockchain & Network Risks
- Network congestion: BNB Smart Chain may experience high traffic, causing delayed or failed transactions
- Chain reorganization: Block reorganizations could temporarily affect transaction finality
- 51% attacks: While unlikely on BSC, a majority attack could compromise transaction integrity
- Hard forks: Network upgrades or forks could affect token and contract functionality
- RPC failures: Third-party RPC providers may experience downtime, temporarily preventing access
3. Economic Risks
- Death spiral: If new player influx stops, the P2E reward pool could be depleted, making earning impossible
- Deflationary pressure: The 15% burn rate reduces supply, which affects liquidity
- Liquidity risk: PYRA may have limited trading liquidity, making it difficult to buy or sell at desired prices
- Impermanent loss: Providing PYRA liquidity on DEXs exposes you to impermanent loss
- Game economy imbalance: Changes to game parameters could affect earning rates and token value
- Market sentiment: Broader cryptocurrency market conditions directly affect PYRA value
4. Regulatory Risks
- Changing regulations: Governments may introduce laws that restrict or prohibit blockchain gaming or token use
- Securities classification: PYRA could be classified as a security in certain jurisdictions, subjecting it to additional regulations
- Tax implications: Token earnings and transactions may be subject to taxation
- Geographic restrictions: The Service may become unavailable in certain countries due to regulatory requirements
5. Technology Risks
- Wallet security: Loss or compromise of wallet private keys results in permanent loss of all tokens and NFTs
- Phishing attacks: Malicious websites or communications may attempt to steal your credentials
- Frontend attacks: Compromised frontend code could redirect transactions to malicious addresses
- Browser extensions: Malicious browser extensions could interfere with transactions
6. Operational Risks
- Team risk: The project team may be unable to continue development due to unforeseen circumstances
- Third-party dependency: The Service depends on BNB Smart Chain, RPC providers, and other infrastructure
- Centralization risk: Admin control over contract parameters introduces centralization. Migration to decentralized governance is planned but not guaranteed
7. Mitigation Measures
While risks cannot be eliminated, Pyrapolis implements several safeguards:
- OpenZeppelin audited smart contract libraries
- ReentrancyGuard on all state-changing functions
- Ownable2Step for secure ownership transfers
- Emergency pause mechanism across all contracts
- 7-day timelock on P2E pool emergency withdrawals
- 2-day timelock on treasury withdrawals with 20% cap
- Spending opt-in mechanism (players must explicitly enable)
- Daily spending limits per wallet (200,000 PYRA)
- Comprehensive test suite (184+ automated tests)
- Continuous on-chain monitoring and alerting
8. Your Responsibilities
- Conduct your own research before participating
- Secure your wallet with strong passwords and 2FA where available
- Never share your private keys or seed phrase with anyone
- Verify you are using the official Pyrapolis website and contracts
- Only participate with funds you can afford to lose
- Consult financial and legal advisors for your specific situation
NOTICE: This risk disclosure is provided for informational purposes. It is not exhaustive — additional risks may exist that are not listed here. Have a qualified legal professional review this document before relying on it.