> For the complete documentation index, see [llms.txt](https://docs.quantpad.company/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.quantpad.company/reference/safety.md).

# Safety

Custody, risk and the third parties every Quant Pad coin depends on.

## Your keys stay with you

Quant Pad never holds your keys. Every action is a transaction you review and sign in your own wallet. Quant Pad cannot reverse transactions.

## Risks

{% hint style="danger" %}
Memecoins are extremely volatile and most lose all value. Tokens launched on Quant Pad have no intrinsic value and no promise of returns. You can lose everything you spend.
{% endhint %}

* The Quantum Hooks program has not yet been independently audited. Smart contracts can contain bugs.
* Buybacks are market orders and can be front-run. Each burn is capped in size to limit that.

## Third parties

Coins are created and traded through Meteora's Dynamic Bonding Curve and DAMM v2, which are operated by third parties with their own fees, rules and admin powers.

* Meteora can upgrade its programs, and its operators can change or pause a migrated pool.
* Quantum Hooks depend on Meteora continuing to pay creator fees to the well.

See [Guarantees and risks](/quantum-hooks/guarantees-and-risks.md) for what the Quantum Hooks program does and doesn't guarantee.


---

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