Challenges of DeFi
- Training wheels are off, so the user is in direct control, which carries risk in the absence of education and effective DeFi utilities
- Users must understand how to secure their wallets and associated holdings
- Introduction of numerous low liquidity investment options. While these carry incredible risk/reward ratio, they can be extremely volatile particularly for those not understanding slippage and price impact
- Sharks in the space looking to take advantage of the inexperienced via front-running or chart manipulation
- Too many choices of trading platforms each with significant limitations, creating confusion and potential missed opportunities
Last modified 7mo ago