> For the complete documentation index, see [llms.txt](https://ton-ls-protocol.gitbook.io/ton-liquid-staking-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ton-ls-protocol.gitbook.io/ton-liquid-staking-protocol/protocol-concepts/potential-risks.md). # Potential Risks ### Overview The TON Liquid Staking protocol is sometimes susceptible to specific risks during operation, including: * Protocol logic and implementation issues * Misbehaving Validator slashing * Misbehaving Validator voting * TON Network errors (delayed election issues). ### Handling Bootstrapping and Centralization Risks Initial protocol bootstrapping, in the particular deployment of new contracts, figuring out the optimal interest rates discovery mechanisms, way of governance token distribution, and desired approvement steps for validators which ensure safety, geographic decentralization, and profitability may be a tricky long-term task. Besides, in a rapidly changing ecosystem landscape, it may be necessary to adjust over time the incentives of external actors to maximize adoption. To solve this problem, instead of relying on promises of future upgrades, we have adopted the approach of modular structure and role allocation with proper privileges assignment. In particular, in TON LSt we have Governor, Interest Manager, Approver, Halter and Sudoer roles. The last two can be (and should be in the long run) unset. It is important, that after the protocol is set down is possible to forever switch off setting Sudoer or Halter or transfer Governance. One of the ways is to include corresponding actions to [dao-decisions-filter](https://github.com/EmelyanenkoK/jetton_dao/blob/embedded-subcontracts/contracts/dao-decisions-filter.func). --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://ton-ls-protocol.gitbook.io/ton-liquid-staking-protocol/protocol-concepts/potential-risks.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.