Quote from: kzkazu on December 14, 2022, 08:31:43 AM

Quote from: Teraboy on July 01, 2022, 12:02:06 AM

Defi can't always be trusted by so many bad stories happened with the defi these days. I meant if we must aware with the fact that if defi can't sustain due to the various reason. Celcius has been giving us a very good lesson even a big defi can't even survive when it was coming to the margin call and low liquidity caused by being drained by someone who has been borrowing bunch of liquidity from the defi itself. I can say that if defi can't fully be trusted but trusting defi is still good for now.

No exchange can be trusted. DeFi cannot be trusted, it does not have complete security guarantees. Although the defi project provides anonymity, it is still risky and vulnerable to hackers.

Yes, of course defi can get hacked and lose money, so what about cefi? you will go there and crash like FTX. And Cefi has no hacking/manipulation problems...? lol, I think Defi is still in an important niche for finance going forward and its adoption is still on free market demand that will be decided by the user or over time and other characteristics it will also be changed the way it is applied but it will exist in its own way.