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| DeFi is Cool, But Do You Actually Understand the Risks? https://arwen-undomiel.com/forum/viewtopic.php?f=26&t=341325 |
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| Author: | mertosfaram [ April 29th, 2025, 6:09 pm ] |
| Post subject: | DeFi is Cool, But Do You Actually Understand the Risks? |
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? |
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| Author: | yisox [ April 30th, 2025, 8:11 am ] |
| Post subject: | Re: DeFi is Cool, But Do You Actually Understand the Risks? |
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. |
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