Top 5 Lies in DeFi you should know (before aping in!)

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The advent of Cronos, MM Finance and VVS have brought in a wave of new DeFi investors from the Crypto.com app, as well as from other ecosystems.

Today, we debunk some of the top misconceptions we see in DeFi and within project communities. This includes the usual excuses we see in Discord or Telegram servers, or hopium such as ‘WAGMI’ or token burns. We also attempt to answer the age old question: Is DeFi a Ponzi scheme?

As always, Investing in cryptocurrencies carries risk. The value of your investment can go down as well as up. Videos are for education and entertainment purposes only, and none of it constitutes financial or tax advice – always do your own research and consider your own financial needs and local regulations before investing!

Chapters:
0:00 Intro & Premier Baking Launch Shill
1:00 Lie #1
4:30 Lie #2
7:28 Lie #3
8:38 Lie #4
9:25 Lie #5

#cryptocurrency #defi #tokenomics