> For the complete documentation index, see [llms.txt](https://docs.gpu-fi.uk/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.gpu-fi.uk/risks/smart-contract-risk.md).

# Smart Contract Risk

Explains the implementation and audit status of the mining contract.

{% hint style="warning" %}
Mining contract status: Drafted, not yet audited.
{% endhint %}

### Current contract status

The mining contract design has been drafted. The draft is referenced under `riset/archive/contracts/`.

The contract has not been audited. An audit is planned before mainnet.

### Why this matters

The mining mechanism depends on smart-contract logic for:

* Token commitment
* Mining power
* Reward accounting
* Gradual unlock
* Emergency exit

A bug or unexpected contract behavior could affect these mechanisms or user funds.

### Audit limitation

An audit is intended to identify implementation issues before mainnet. It does not guarantee that every bug will be found. Audit coverage depends on the scope that is reviewed.

### Before mainnet

The mining contract is planned to be audited before mainnet.

Until the contract has been audited and deployed, its implementation should be treated as a work in progress.

Next, [Centralization & Admin Risk](/risks/centralization-and-admin-risk.md) explains the trade-off between current administrative control and future renouncement.


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