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Re:FTX to file for U.S. bankruptcy, CEO resigns by zeroclip on Friday November 11, 2022 @05:12PM (#33567581)
These things already exist. Uniswap, Aave. Both pretty easy to use and can not just go insolvent on you.
Re:FTX to file for U.S. bankruptcy, CEO resigns by sdiacom on Friday November 11, 2022 @05:48PM (#33567889)
The only currently existing purpose of those things is to trade scam tokens for other scam tokens, which makes them effectively meta-scams. What I mean is that, like Ethereum, they're not scams in itself, but their only real-world use-case is to provide a decentralised platform on which to run scams.
Re:FTX to file for U.S. bankruptcy, CEO resigns by zeroclip on Friday November 11, 2022 @06:08PM (#33568038)
Lazy and shallow take. But at least those using the “scam” DeFi protocols still have custody of their assets, which is not the case with FTX depositors.