What are the risks associated with DeFi?

6 months ago
23

Before you dive into DeFi, it's essential to know the risks! 🚨 Here are a few:
1. Smart Contract Bugs – Since DeFi relies heavily on smart contracts, any bugs or vulnerabilities could lead to significant losses.
2. Market Volatility – Crypto markets can be unpredictable, and DeFi is no exception. Be prepared for wild price swings!
3. Regulatory Uncertainty – As DeFi continues to grow, regulators are still figuring out how to handle it. Stay informed about potential legal issues! Remember, knowledge is power! 💡

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