How to recognize DeFi scams?

salvadormartin
2022-10-21 07:32:13
So in a first analysis, we should ask ourselves whether the project is not already in place, because if so it is often not worth the investment or at least it would take deeper research to understand if there are other weaknesses.there are many projects in this area, but if we analyze them more closely, we will see that most are copies of other more famous ones, such as the various DEXs that offer the possibility to trade tokens.more
anabellcortess
2022-10-21 07:37:03

 

Almost all project are copies except btc which is original and was created from scratch,  copying from another project is not the main problem, not able to add additional value to what you have copied is the problem, there are some project who have copied some part of a precious project but include some extra features which will make the project different in some ways from the original source, it is all about being creative.