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Author Topic: DeFi chains and exploits  (Read 2948 times)

Offline ridertiger

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DeFi chains and exploits
« on: May 23, 2020, 01:56:39 PM »
I have suffered from the ETH chain oracle exploit and I still want to be in the DeFi space by lending.
Does anyone know a good platform that is resilient to such attacks?
I mean I can test it by borrowing a small amount first but I am more inclined to use my crypto to gain interest, and I would like to have something very decentralized.
So, I know all about binance stuff but like I said I do not want to depend on a company, it should be completely decentralized.
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DeFi chains and exploits
« on: May 23, 2020, 01:56:39 PM »

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Offline Gabi1986

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Re: DeFi chains and exploits
« Reply #1 on: May 25, 2020, 04:45:27 AM »
I have suffered from the ETH chain oracle exploit and I still want to be in the DeFi space by lending.
Does anyone know a good platform that is resilient to such attacks?
I mean I can test it by borrowing a small amount first but I am more inclined to use my crypto to gain interest, and I would like to have something very decentralized.
So, I know all about binance stuff but like I said I do not want to depend on a company, it should be completely decentralized.
oh well, ETH has not been behaving lately, but I am sure they will fix their act soon.

Offline Munaj168

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Re: DeFi chains and exploits
« Reply #2 on: May 25, 2020, 12:39:48 PM »
I am looking for other chains also, ETH had enough chances

Offline coinliker

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Re: DeFi chains and exploits
« Reply #3 on: May 25, 2020, 12:44:34 PM »
The ETH chain uses smart contracts so they are open to exploits.
Waykichain.com has a solid defi system.
It is very secure and it is resilient to exploits and hacks because it uses the base layer, as opposed to second layer.
It is a different chain and defi is woven into the core layer programming.

Offline Nicola D'Angelo

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Re: DeFi chains and exploits
« Reply #4 on: May 25, 2020, 12:48:30 PM »
I have suffered from the ETH chain oracle exploit and I still want to be in the DeFi space by lending.
Does anyone know a good platform that is resilient to such attacks?
I mean I can test it by borrowing a small amount first but I am more inclined to use my crypto to gain interest, and I would like to have something very decentralized.
So, I know all about binance stuff but like I said I do not want to depend on a company, it should be completely decentralized.

oh I have come across that chain and I hear their new WGRT is getting into a huge exchange. Lets see if WGRT will be as good as MKR

Offline marphine28

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Re: DeFi chains and exploits
« Reply #5 on: May 25, 2020, 01:17:46 PM »
Hmm.. Well, I have never heard of waykichain or DeFi related to them.   ;)

Offline n7788

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Re: DeFi chains and exploits
« Reply #6 on: May 25, 2020, 01:23:19 PM »
Yeah, I never heard it before too, but They are very famous in Asia, especially in China, and I have been using their waykitimes app to open and close CDP, to borrow WUSD, their stable coin. I use WICC as collateral which is in Huobi, Bittrex global recently

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Re: DeFi chains and exploits
« Reply #6 on: May 25, 2020, 01:23:19 PM »


Offline realbabo

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Re: DeFi chains and exploits
« Reply #7 on: May 26, 2020, 02:15:12 PM »
Yeah, I never heard it before too, but They are very famous in Asia, especially in China, and I have been using their waykitimes app to open and close CDP, to borrow WUSD, their stable coin. I use WICC as collateral which is in Huobi, Bittrex global recently

Is it possible to purchase WGRT from dex [dot] waykichain [dot] com or using the waykitimes app in google play? I found the whitepaper for WGRT at waykichain [dot] com [slash] WGRTWhitepaper [dot] pdf

 

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