Welcome to Lending Risk Management
Your ultimate guide to navigating risks in decentralized finance lending. 🐸
Understanding the Risks
Decentralized Finance (DeFi) platforms offer lucrative opportunities, but they come with their own set of risks. It's crucial to be aware of potential pitfalls such as smart contract bugs, platform insolvency, and price volatility.
- Smart Contract Bugs: Review the code for potential vulnerabilities.
- Platform Insolvency: Check the platform's track record and financial audits.
- Price Volatility: Use stablecoins or hedge assets to mitigate risks.