The activities of this desk include Industry & Market research, Protocols & Tokenomics analysis, and Interviews with leaders & leading firms.
Adapt 2022 Competition
Compete for up to €450 worth of prices analysing the NEAR DeFi protocol
Properties of DeFi
DeFi knowledge repository
Defi security tips
Before interacting with any Defi protocol, make sure you understand what cryptocurrencies and crypto-wallets are.
NEVER share your seed phrase (private keys) with anyone. Customer service does NOT exist in Defi. Anyone spontaneously reaching out to you is by 99,9% a scammer.
When making the very first Defi operations, use tiny amounts.
Interact with trusted and audited protocols ONLY (check Defi services).
When interacting with a Defi protocol, make sure you are on the right web page or bookmark the valid links.
Do NOT sign transactions you did not want to make in the first place. Your wallet can be compromised.
Signing transactions via a hardware wallet is recommended.
Defi requires decent risk management skills. Allocate your funds responsibly.
Also in Defi the famous principle of finance applies: "High rewards come along with high risks."
If you have any doubts, reach out to us in the UFS Defi Whatsapp group.