# Risk and Security

### Risk Management

Hover is engaging with the experienced team at [Ledger Works](https://www.lworks.io/) to assess market risk and manage protocol parameters to increase capital efficiency while keeping user funds secure. Their team provides real-time continuous market surveillance and uses deterministic financial models, stochastic modeling, and network-wide simulations to assist with minimizing Hover's exposure to market risks.

### Audits

Hover has had the following smart contract audit completed by WatchPug in August 2023. 

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