top | item 31898157

(no title)

christopherbalz | 3 years ago

Not your keys, not your coins.

discuss

order

dropnerd|3 years ago

defi/spot is in a much healthier place than cefi.

when you're hodling, there's nothing that can liquidate you.

when you're using a defi protocol, you capture all the upside for the risk you're taking.

when you're using a cefi "bank", the bank keeps some of the spread when they're up, and goes insolvent when they're down. heads they win tails you lose.