Quote from: GreekCoiner on February 15, 2021, 06:44:58 PM

The so called DeFis are such scams. I can't understand how people keep putting their money in such buggy smart contracts which most of them are copy/paste of other smart contracts without any audit and no insurance fund.

Almost all of these defi shitcoins created only for speculation. They won't solve any problem. Guys just avoid locking your saving there. These high APY returns don't worth the risk.

And I believe most of these hacking incidents are inside job. A gentle way to abandon the project along with the investors' money. Seems that the list is going to be longer than centralized crypto-exchanges hacking incidents.

Won't trust my savings to defi platform, unless, it is a very reputable one in the community. The high APY is usually the bait here, but you will never get that profit because they will be dead not even a year of existence.