Emission tokens depreciate
Reward tokens are continuously minted and continuously sold — by us and by everyone else farming them. Persistent sell pressure means they usually trend down. The agent’s answer is to convert harvests promptly rather than hold reward-token inventory, but between claim and conversion there is always some exposure, and a reward token collapsing faster than it can be harvested reduces realised yield.Programs end
Emissions are allocated by vote, by schedule, or by a team’s runway — all of which change. A pool paying handsomely today can pay nothing next epoch. This is the risk rotation exists to manage: the screen tracks sustained yield and moves on when a program fades. Rotation follows decay; it cannot front-run a governance vote.Venues can fail
A venue can be exploited, abandoned, or simply bleed liquidity until exits become expensive. Vetting is deliberately conservative — behaviour verified against source, routing probed with real transactions before real size — and thin or unproven venues stay off the allowlist even when their advertised yield is tempting. What vetting cannot do is make a third-party contract our code.Chain risk
All of this lives on Robinhood Chain, which is young. Sequencer downtime pauses everyone, us included; RPC and indexing infrastructure is thinner than on mature chains. The vault’s safety posture (exits independent of our infrastructure, suspension over silent failure) is designed with that youth in mind.The strategy-level mitigation for everything on this page is the same: no loyalty. Pools, venues and reward programs are continuously re-scored, and capital follows the evidence. See How pools are chosen.