Recent Defi Exploits and my investment in Cub Finance

in LeoFinance4 years ago (edited)

I have been at least slightly affected by three different Defi exploits. GeckoSwap's Hack, Mozart Finance's Piano Minting exploit, and Pancake's Syrup Minting exploit. All three of these Projects were or claimed to have been Audited. Mozart by Immunity Bytes and Pancake by CertiK. Like many others, I thought passive income through Defi was going to be my path to financial freedom. These Exploits broke my diamond paws. I had been holding Cub Finance's Cub tokens in their farms since the price was $8 and I was able to buy nearly 10% of the BNB-CUB LP. I am standing ready to buy back into Cub Finance because I love the Project and I think it could have a great future. I think the Leaders in the Cub Finance are trustworthy but as we have seen Rugpulls are not the only danger in Defi Projects and some of these exploits did not come from the project leaders themselves. Cub Finance please openly and honestly discuss these recent developments in your section of the Cryptocurrency space. Thank You.

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