Be very careful with Solana dAppe. Unlike Ethereum (where all code is public on the Blockchain) Solana dApps are mostly all closed source black boxes.
If you hold funds on any Solana dApp, you won’t know if the dev has coded in the ability to loot your deposit or not. Or if/when he will update the dApp to give himself that ability.
Be very careful with Solana dAppe. Unlike Ethereum (where all code is public on the Blockchain) Solana dApps are mostly all closed source black boxes.
If you hold funds on any Solana dApp, you won’t know if the dev has coded in the ability to loot your deposit or not. Or if/when he will update the dApp to give himself that ability.
Nobody with a brain is using DeFi on Solana.