The Dapps that run “DeFi” applications get hacked and robbed regularly. Here’s 3 recent ones:
https://bitcoinexchangeguide.com/bancor-ethereum-based-dapp-hacker-moves-25500-eth-into-mixer-service/
https://coingape.com/this-is-how-300k-in-eth-was-stolen-from-uniswap-a-defi-dapp/
And the big one, that caused the ETH/ETC fork: https://www.crypto-news-flash.com/what-is-ethereum-classic-etc-dao-hack-comparison-with-eth-roadmap/
High returns = high risk. There is nobody to cry to when your “DeFi” dapp gets hacked and robbed.
Wouldn’t touch these. Totally stupid.
DeFi - Decentralised finance, page-8
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