SotN#9 (PART 1) - PROPAGATING (WTF ARE YAMS, DEX VOLUME INSANE)
Bankless
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Navigating Risks and Innovations in DeFi
This chapter explores the inherent risks of decentralized finance (DeFi) protocols, warning users about potential un audited projects and the significance of time value locked in contracts. It highlights Uniswap's prominence as a decentralized exchange, its impressive trading volume, and its role in attracting new users to the DeFi ecosystem. The conversation also reflects on the rapid evolution of DeFi, urging listeners to engage in personal research and due diligence in this fast-paced landscape.
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Transcript
