Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Hometown on March 20, 2021, 02:30:18 AM
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1. Impermanent Loss
2. Transactions Can Fail in DeFi
3. Uniswap Is Not The Only DEX
4. IFOs Are The New IDOs
5. Code Is Never Complete in DeFi
If you read whole details then you should read:click (https://cryptonews.net/492448/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
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Thanks for the brief but helpful information. A few things about DeFi and some not. Now I will be guided by all these things when using Defi.
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1. Impermanent Loss
2. Transactions Can Fail in DeFi
3. Uniswap Is Not The Only DEX
4. IFOs Are The New IDOs
5. Code Is Never Complete in DeFi
If you read whole details then you should read:click (https://cryptonews.net/492448/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
1. If anyone want to get profit without any risk, than defi isn't for those. Also, everyone should invest only those funds which he/she can afford to lose.
2. It's totally depend on the slippage and fee rate as low slippage can make any transections failed one. So, everyone should set a perfect slippage rate so that transection can be failed.
3. Yes, but it's become the first priority for any new projects to list on that exchange just like try to list on binance.
4. IFOs are the next evolution on fund rising. First there was ICO, than IEO and IDO was the last hype of it. Now, IFOs are becoming more famous , but in early stage right now.
5. Main contract of any Defi is audited , but other contract address which is used for farming or other products isn't audited. That's the reason of it.
I try to explain everything for those who can't get the full meaning of this and way to findout other solutions on DeFi. ;)