Post
Topic
Board Altcoin Discussion
Re: DeFi project, the easiest scam gateway
by
tabas
on 05/03/2021, 16:48:12 UTC
if failure comes it's the code, if hacks happens it's the code to be blamed, this is just the way it is, so tell me why won't devs rug pulled themselves? There will be no one to be blame anyways
Basically, there's no perfect code dude but the problem is people lack of knowledge about how to analyze the possibility for the creator of smartcontract to put the rugpull or selfdestruct function on its smartcontract.
That's why i was seeing the smartcontract before try to invest in a new project. This must be done by everyone to decrease the possibility for the scam project doing rug pull to the funds in the pool.
people should at least a small knowledge about the basic function of rugpull.
That means that devs can't fix that or they actually did that in a purpose? it's hard to trust defi project these days. A normal investor won't have this type of knowledge that you have shared.
This is devs taking advantage of the majority.