Risks
What can go wrong, said plainly.
If you own a pool
Repayment comes from your fees automatically. If your pool falls far behind schedule, a larger share of fees goes to repayment until it catches up. While an advance is open, the pool can't be handed to someone else.
If you lend
A pool's trading can slow or stop, so an advance can be repaid late or not in full. Offers are sized on a pool's weakest recent period to limit this, but lending always carries risk. You can lose money.
For everyone
An owner can launch a new pool and move traders. Liquidity providers can withdraw. Earnings can fall. The contracts are not upgradeable, so fixes ship as a new version and you choose whether to move.