I'm about to try Defi platform now but i have no idea about it. All I really just see is that its going to give me more than 10% of APY. This is good enough for me but I just want to be aware of the risk if anything could happen. Any given situation, is this not going to be good?
Defi is the future of transactions, but not all platforms work well, although some are still very confident, but be aware that when you send money into the tunnel, it still has the potential to be hacked, carpet pulling... Runes, some on the polygon really make me lose sleep. Then I abandoned them and went to Defi on Rsk, Sovryn to be exact, a strong and bold mechanic. Most are interested in %APY from farm/yield but I prefer to bet. also, pay attention to the IL so as not to fall short. Lol