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RE: Earning passive income through DeFi protocols - A simple understanding guide

in LeoFinance4 years ago

I like to add some things - research on timelock and rug pull. Evidently, you have to check if the protocal has its smart contracts audited and timelocked where they you know can't sell off the tokens you invested, which is a rug pull, sort of scam, its becoming commen.

I read that Leofinance is TImelocking soon, getting smart contract audited, once its done, its satisfies basic standards of safety for people to invest.

Although I am tried of DEFI, I hear about it and mostly get outrun...but its ok.

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