Watch This BEFORE You Invest in DeFi Projects… (Hacks & Exploits)

There are way too many DeFi hacks and exploits these days where regular investors lose a lot of money. So I dove into 5 recent cases of DeFi projects getting hacked and came away with 10 lessons learned to share with you. Hopefully these can help us all become savvier investors so we can minimize the risk of losing money from these hacks and exploits of projects/protocols that we may use or invest in.

Check out DeSo: https://www.deso.org
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Timestamps:
0:00 Intro
0:39 Varying Hacks / Exploits
3:11 Manage Risk
3:54 No Bailouts
4:32 Diversify Risk
5:12 Safer/better assets
6:15 DeSo shout out
7:06 DeFi insurance
7:53 What DeFi projects can do
8:45 Audits aren’t everything
9:23 White hat hackers
10:33 ReDeFi

#DeFi #Hacks #Exploits #Safety #Security #Tips