Everyone loves DeFi — passive income, staking, yield farming. But too many people jump in without fully understanding the risks: smart contract bugs, rug pulls, impermanent loss. Just because it’s decentralised doesn’t mean it’s safe by default. Personally, I only use protocols with solid audits and track records. Curious — what’s your checklist before trusting a DeFi project?

Totally agree — DeFi isn’t some magical money machine. I’ve learned the hard way that flashy APYs mean nothing if the fundamentals aren’t there. I stick to projects with proper audits, active devs, and real utility. And when I do dive in, I treat it like any performance-based setup — the returns reflect your due diligence and timing. luxfi.io is a good example of where that mindset can actually pay off.