[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 65 KB, 972x776, 1606111513779.jpg [View same] [iqdb] [saucenao] [google]
28618012 No.28618012 [Reply] [Original]

I get if you are just trading their shitcoins but why do people still use them as DeFi platforms, and champion their brand?
They both have had multiple catastrophic failures that led to loss of user funds.
The only way they repaid these users is through inflation of their shitcoins
It's basically guaranteed that the same exact exploit will be used on both Maker and Compound once volatility starts to pick up again during a big dump because its free money for the attackers.
So why do people still use them over AAVE who has survived every big volatility spike including the march crash?
Is it just because normies are dumb and twitter man say compound good so they use?
Or can any anon tell me what the benefit would be because I couldn't sleep at night knowing my money wasn't safe.
I mean the people running those projects basically said that they don't care about user funds...