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kugusha 🦋
@kugusha.eth
If you have some idle crypto, why are you not using it for lending/borrowing/staking/LPing, etc? question to individuals, but also projects with treasuries, daos, group chats * replies are anon
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Samuel
@samuellhuber.eth
1) know being pushed an ad or blogpost or cast by someone that breaks it down simply in on 100$ of <Coin> you recieve <p>% each <timeframe> by <depositing here in frame / doing step 1,2,3> the easier the by <> becomes the more likely I am to do it. That's why the morpho frame has me so excited once more wallets become available 2) I just don't care about earning that much in DEFI. I just wanna write code and not be bothered so if it's anything active I am unlikely to do anything 3) what's in my cold storage is cold for a reason. Don't wanna touch it. If that means not earning yield, that's my price of percieved security in not touching. Like gold in a bank vault. You pay the bank vault 4) DEFI to me is attached with gambling + hacks. so see what horselegend said about security
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kugusha 🦋
@kugusha.eth
that’s quite insightful! Ty for writing this down. I have a general feeling that defi needs some crisis PR to go from casino to transparent and efficient financial system.
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Adam
@adam-
When things go well it’s as if it doesn’t exist, it’s only when chaos ensues do people hear about it. In fairness there’s an askew ratio of Rekt to successful stories around defi I don’t know if it can ever truly rise above. People still have to know the landscape and understand the risks, and you really only get that experience after you’ve been burned. +1 to the point about smart contracts being audited on the regular to gain the right amount of trust from me.
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