#DeFiGetsGraded Imagine, if there were report cards in school, now DeFi projects also have report cards!
What is "DeFi Gets Graded"?
"DeFi Gets Graded" is an initiative from several institutions and crypto data platforms that have started to provide assessments or "report cards" for various DeFi projects. The goal is simple:
1. Eliminating the 'Smell' of Scam Projects: In the DeFi world filled with new projects, it's hard to distinguish which ones are legitimate and which are just "rug pulls". This rating system helps us filter out high-risk projects.
2. Helping Investors: With grades A, B, C, or even D, investors have a clearer guide to make decisions. It's like looking at star ratings on e-commerce before buying items.
3. Encouraging DeFi Projects to Improve: Projects that want to achieve good ratings will be encouraged to enhance their security, transparency, and governance.#Write2Earn
