It depends on what do you compare this with. PKCS/OpenPGP smartcard is protected by a PIN (6 digits min, 3 tries and it locks itself out) and then touch on each use (with Yubikey).
U2F on the other hand it just protected by touch so anyone having the token can authorize themselves. (Sites usually use it in conjunction with username/password that is "something you know").
On the yet another hand I didn't review the implementation and would welcome corrections here.