RE: Spread the wealth and the risk
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Maybe a stupid question but still:
Is it possible to transfer coins, which are managed with a hardware wallet, into these pools (e.g. Celsius) via smart contract or similar or do you always have to transfer them to a 3rd party to participate?
To be honest, I would be a bit nervous. In principle I don't trust that at all.
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you can transfer coins to celsius but not delegate like we do here on hive. So in theory you are not the owner of your coins anymore
It is currently not possible through smart contracts. I am not really that technical that I can handle those true defi protocols and am not that versed to be able to read the smart contracts and check they are ok.
Hence the middle solution of CEFI for me. I kind of trust that they have people that know what they are doing and I cannot mess that up
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Okay I see, thank you for the execution. I almost suspected that.
But then the whole thing is uninteresting for me. Do I get pimples again, when I press my funds into the hand of a 3rd party.
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