RE: DE-FI Hacks Are On The Rise
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I wasn't going to participate in DeFi if it wasn't for Leofinance, truth is, too much prospect for APR and ROI makes people blind to scams.
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I have been using uniswap but that was from ages ago cub is the only other one I’m using! I’m no yield chaser I didn’t put too much in it! When I got into Uni ETH was cheap and with cub the airdrop was enough to cover costs to get in
Otherwise I’m not really interested in these protocols yet m! I am looking at stuff on the liquid network but haven’t dived in
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Well many are yield chasers, those outrageous ROIs and well... this particular bull run came with a lot of DeFi opportunity imagine 120$ million lost.
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Yeah they dumping in, then pulling out the return and then harvesting into the next platform and they’ll continue to chase it until they get burned
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Hahaha the craze for these risky money keeps getting better and better
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People want quick profits and I think that is the problem.. People don't ask questions like will this project be on for the next 5 years? People don't ask about use case, they just look at APR and go in. Some go as far as using all their money to stake and then cry out in regret
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Lol that’s why I don’t mind the hacks, if they don’t get burned they never learn the only way to teach people is to hit them in their pockets
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