The Balancer protocol was hacked for 120 million USD.

Yesterday, xusd directly decoupled.
All DeFi projects carry the risk of running away at the end of a bull market.
Because running away makes more money than the agreement itself.
This is what I mean by saying that one should never go all in.
defi is fine too
Whether it's an exchange
In short, your money
Should be distributed across countless wallets
I have 40 hot wallets and 7 cold wallets.
Any agreement with a maximum of 20,000 US dollars is my bottom line.
There are still a large portion of USDT that has not been in the protocol.
I'm afraid he will blow up the JLP.
All collateralized to borrow USDC.
The exchange's money is also distributed in various places.
No exchange is absolutely safe.
Never harbor any false hopes.
The blockchain is a dark forest that cannot be retrieved.
So you should never go all in because of high interest.
I also divide my investments into many parts.
Because the project is very likely to require your principal.
This is the reason I mentioned in May to try to conduct yt as much as possible.
If yt loses, it loses. There will always be someone asking me what to do if yt drops.
Sigh, I don't even know how to answer them.
If you don't understand the logic of yt, just go buy it.
It's safer than your deposit being stolen.
Some people say that buying Yt in DeFi projects will lead to losses.
I tell you yt is the easiest to use.
Because you only used a small amount of money.
Let others bear most of the losses.
How much is 1000 USDT equivalent to in terms of deposits?
If you lose, your limit will be $1000.
But if you choose stable stablecoins
Decoupling may cause you to lose tens of thousands of dollars.
You choose for yourself
History will prove that my Yt strategy has the highest returns with the lowest risk.
If you are not willing to bear the losses, you...
You will never be able to control the risks you can manage.

This article does not constitute any investment advice.
Profit and loss are solely the individual's responsibility.
Mainland users participate with caution