This first version is for demonstration purposes.
We target user feedback, which we consider most valuable at this stage. We also go public to meet other teams that could integrate Fuji DAO in the future.
Considering our contracts are in the process of being audited, we added liquidity and user caps to limit loss exposure if any hacks or bugs occur during the demonstration.
The initial cap amount of users was set to 200, and initial deposit was limited to 2 ETH as collateral. However, after our first audit assessment (June 20 - July 1, 2021) from SecuRing, it was decided a low risk on extending the number of users. Check
limitUsersin contract 0x8A44888292C570F6ae414ca9Ca2D878F5eCED83b for latest update.
Some considerations before you use the Alpha:
Background operations are actually centralized and taken as operational costs. Refinancing and liquidations are centralized.
Also keep in mind high gas costs, which means the app shouldn't be used to achieve profit.