security and risks

the honest list

Coins fail. A new coin can lose nearly all of its value within minutes.
Smart contract risk. Contracts can have bugs, including after an audit. Audit status is TBD, and none has been published.
A new chain. Elysium is just launching. Sequencer downtime, bridge issues and unexpected behaviour are possible.
Bridge risk. Moving assets across chains adds its own failure modes.
MEV. Your trade can be front-run or sandwiched. See fairness and safety.
Offerings are not a promise. An offering only burns a god if the worshipping coin keeps trading. When volume stops, offerings stop.
A god can die. See offerings.
Impersonation. Anyone can launch a coin with any name, including the name of something you trust. Check the address.
Regulation. Crypto assets may be restricted where you live. You are responsible for following your local law.