@bkiepuszewski
DeFi has always been a game of uninformed people taking risks they do not fully understand. That's the entire premise of it.
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TVL of Blast over 1B$, Manta with STONE over 0.5B$. Think what is going to happen once restaking is finally enabled. How much ETH will chase highest yield aping into riskiest operators ?
Terra/UST collapse was dramatic but isolated. We need risk-first culture for real.
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@julianhzhu
@bkiepuszewski
I mean that’s just a market in a democratic society. No different than stocks
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@mrstego1
@bkiepuszewski
Not really. Stocks are highly regulated securities products. So are most things made available to retail investors. Crypto and DeFi are out of the norm.
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