# FIP 56 - TrueFi AMO

**URL:** https://gov.frax.finance/t/fip-56-truefi-amo/1236
**Category:** AMOs
**Created:** [April 21, 2022, 2:36pm UTC](https://gov.frax.finance/t/fip-56-truefi-amo/1236 "2022-04-21T14:36:53Z")
**Posts on this page:** 1
**Showing post:** 11

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### Author: ![sparkes25](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/sparkes25/32/392_2.png) [@sparkes25](https://gov.frax.finance/u/sparkes25)
#### Post date: [April 29, 2022, 5:28am UTC](https://gov.frax.finance/t/fip-56-truefi-amo/1236/11 "2022-04-29T05:28:27Z")

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> [@sparkes25](#):
>
> lets say , Alamenda borrow the max, and then default. would it be FRAX taking all the risk or is it shared across all investors in the TrueFi protocol ?

please answer this question.

we need to know the risks we are taking.

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