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RE: What should we do about all this DeFi stuff?

in Project HOPE11 months ago (edited)

As I can see there are still some security worries, as, at the end of the story, it is a computer code... and codes can be hacked...

On the other side, I'm using compound.finance supplying my spare BAT... But it was more for a test, and I'm aware that I would be probably in negative, because of the high ETH gas fees :)



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it is a computer code... and codes can be hacked...

And code can have bugs :-). Even though these smart contracts may work perfectly in normal conditions, it's only after a real stress test that you see whether they are really working in all conditions.

For the moment I leave my hands from DeFi on Ethereum because I simply can't afford to pay the gas fees...lol.

Thanks a lot for your comment!