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Author Topic: A Must Read For Those Looking To Make A Profit From DeFi  (Read 399 times)

Offline robelneo

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A Must Read For Those Looking To Make A Profit From DeFi
« on: May 18, 2021, 10:43:56 AM »
A Must Read For Those Looking To Make A Profit From DeFi
The YIELD App Beginner's Guide to DeFi demystifies decentralized finance
https://www.yield.app/post/the-yield-app-beginners-guide-to-defi-demystifies-decentralized-finance

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A Must Read For Those Looking To Make A Profit From DeFi
« on: May 18, 2021, 10:43:56 AM »

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Offline TomPluz

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Re: A Must Read For Those Looking To Make A Profit From DeFi
« Reply #1 on: May 18, 2021, 11:59:13 AM »


DeFi is littered with a lot of exciting opportunities as we are putting more power in the hands of the people to presumably become their own banks. However, with opportunities come risks as there will always be evil players and there will be failed programs along the way. With DeFi, one can be able to earn a lot of money but can also be losing them in an instant, in a blink of an eye. Right now, DeFi can still be categorized as a "Wild Wild West" where strong regulations are not yet applied. We have to educate people on this aspect as even the most lovely paradise can also be the green home for snakes which can bite anytime and anybody that comes its way.

 

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