12. Risk & Mitigation

12.1 Commodity Price Risk

• Gold/nickel prices are volatile.

• Mitigation: diversification, hedging, reserve buffers.

12.2 Regulatory Risks

• Token is a security, subject to law changes.

• Mitigation: dual-entity structure, legal consultation, KYC/AML, regular audits.

12.3 Technology Risks

• Smart contract bugs, hacks, oracle failures.

• Mitigation: audits, multi-sig wallets, bug bounty, redundant oracles.

12.4 Mining Operational Risks

• Exploration failure, cost spikes, ESG issues, disasters.

• Mitigation: transparency, insurance, ESG compliance, diversified locations.

12.5 Insurance & Risk Committee

• Mining asset insurance.

• Legal reserve fund.

• DAO risk committee for oversight.