In the previous part, we explained the borrowing risk in DeFi and how few people understand it well. The idea is not just to understand it, but actually, protect yourself from that risk. In simple words, while the fire burns the house, ensure you have a safe home that you can go to when the time arrives! But, before that let’s understand why is managing risk is so difficult.
Protecting yourself from DeFi Risk 🛡 (Part 2)
Protecting yourself from DeFi Risk 🛡 (Part…
Protecting yourself from DeFi Risk 🛡 (Part 2)
In the previous part, we explained the borrowing risk in DeFi and how few people understand it well. The idea is not just to understand it, but actually, protect yourself from that risk. In simple words, while the fire burns the house, ensure you have a safe home that you can go to when the time arrives! But, before that let’s understand why is managing risk is so difficult.