Ganaya: Jurnal Ilmu Sosial dan Humaniora
Vol 4 No 3 (2021)

Unleashing the Potential of DeFi: A Comprehensive Guide to Maximizing Rewards While Mitigating Risks

Multazam, Mochammad Tanzil (Unknown)



Article Info

Publish Date
18 Oct 2021

Abstract

This article discusses the potential rewards and risks of decentralized finance, or DeFi. While DeFi can offer high returns on investment, it's important to approach the industry with caution and understand the potential drawbacks and complexities. The risks involved include the potential for significant losses, and returns are not fixed, with potential for the depreciation of crypto assets. Understanding the industry is crucial to making informed investment decisions, and reading papers on tokenized assets and tokenomics can help investors gain a better understanding of the industry. DeFi is generated by venture capitalists and landing protocols also play a significant role in generating revenue for the industry. DeFi is different from traditional finance in that it is not regulated by the government and is an anonymous and independent industry. Mitigating risks is important, and investors should not put all their life savings into this field. Understanding the complexities and mitigating risks can help investors achieve high returns with minimal risks.

Copyrights © 2021






Journal Info

Abbrev

ganaya

Publisher

Subject

Religion Arts Humanities Economics, Econometrics & Finance Education Social Sciences Other

Description

Ganaya: Jurnal Ilmu Sosial dan Humaniora is a journal published by Jayapangus Press which contains the results of research in the field of social sciences and humanities. The purpose of this journal is to publish and disseminate writings in the social sciences and humanities that can contribute to ...