Hi All,
I couldn't find any other suitable category to post this except this one.
I've been seeing a lot of information online about DeFi decentralized finance but so far I haven't seen any info on how to avoid the security risks. Maybe, at this point in the development of DeFi the risks will persist for sometime. So does anyone know theoretically or by personal experience, how to profit safely from the DeFi industry? Thanks.
DeFi explained: The guide to decentralized finance
https://forkast.news/explainer-decentra ... efi-guide/
What Is DeFi?
https://www.coindesk.com/tech/2020/09/18/what-is-defi/
Defining DeFi (Decentralized Finance)
https://www.fool.com/investing/stock-ma ... d-finance/
Re: DeFi explained: The guide to decentralized finance
2Thanks for sharing such informative articles!global wrote: Tue Sep 07, 2021 11:52 pm Hi All,
I couldn't find any other suitable category to post this except this one.
I've been seeing a lot of information online about DeFi decentralized finance but so far I haven't seen any info on how to avoid the security risks. Maybe, at this point in the development of DeFi the risks will persist for sometime. So does anyone know theoretically or by personal experience, how to profit safely from the DeFi industry? Thanks.
DeFi explained: The guide to decentralized finance
https://forkast.news/explainer-decentra ... efi-guide/
What Is DeFi?
https://www.coindesk.com/tech/2020/09/18/what-is-defi/
Defining DeFi (Decentralized Finance)
https://www.fool.com/investing/stock-ma ... d-finance/
Re: DeFi explained: The guide to decentralized finance
3I think one should be careful when dealing with DeFi projects. They have a lot of potential, yes, but at the same time, DeFi exchanges have contributed up to 21% of the total volume of cryptocurrency related crime in 2020 – the staggering $99.2 million worth of assets have been stolen or laundered.
Re: DeFi explained: The guide to decentralized finance
4Comes with some risks but there are some great projects out there to research.