My biggest fears about memecoin lending is the security risks involved
History has showed us what could become of lending protocols whose systems are not secure enough
Hackers like the lazarous group can exploit the vulnerability in these systems and ruin it for everyone
I think what fascinates me more about Memecoin lending is the fact that i do copy trade memcoins using bots
And i know how annoying it is to not have liquidity when you need it most
Walk with me🧵
Introduction of memecoin lending stress tested the blockchain defi systems and their ability to deal with volatile assets like memecoins
This is fascinating beacuse these new sets of defi protocols will serve as foundation to build other financial systems in the future
Phase 02: Credit Score is now Live!
Head to: https://t.co/8H0YWDL4ni
Reveal your credit score out of 100
Share on X & drop below.
Your score is pulled from your on-chain history and places you into one of five tiers.
Better tier = better 👀