Lecture 4: The Risks in DeFi (Don’t Ignore This!)

Biggest #DeFi Risks:

1⃣ Smart contract bugs (code errors that hackers can exploit)

2⃣ Impermanent loss (losing money while providing liquidity)

3⃣ Rug pulls (scammers create fake projects and steal users' funds)

Example:
Imagine you put $1,000 into a new DeFi app.
If hackers find a bug in the smart contract, you could lose your money instantly.

Pro tip:

▶️ Stick to trusted projects (Uniswap, Aave, Maker)

▶️ Always DYOR (Do Your Own Research)

#CryptoPatelDeFi $BTC $ETH #LearningTogether