> For the complete documentation index, see [llms.txt](https://docs.viridus.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.viridus.fi/governance-and-security.md).

# Risks and control

How the portfolio is controlled and the risks of investing.

vUSDG is a share of a portfolio that can lose value. Trading fees do not guarantee a profit or protect your deposit.

## What can go wrong?

Stock-price losses can exceed trading fees. USDG can lose value against the dollar, and stock tokens depend on their issuers and transfer rules. Pool prices also determine portfolio value, so distorted prices can affect what depositors and withdrawing holders receive. Holding vUSDG does not give you direct shareholder rights in those companies. Contract bugs can put assets at risk.

## Who makes the decisions?

The vault and strategy contracts hold the portfolio. The manager chooses permitted trades and supplies external price references. Contract limits restrict those actions, but cannot guarantee good decisions or accurate inputs.

**Governance is secured by a Gnosis Safe.** It controls authorised settings, roles and limits. Ordinary changes require a delay; emergency pausing can happen immediately.

## Can I always exit?

Withdrawals depend on cash becoming available. A queue can mean an indefinite wait, and manager or network outages can add delays.