💵Lending Borrowing
Last updated
Last updated
The composability of the DeFi ecosystem implies that risks from an individual component flow into all dependent systems. Liquidity stands as the lifeblood of the Degen Wallet, fueling its operations and enhancing user experiences.
This documentation unfolds a framework tailored to assess token risk for V3 of the Degen Wallet. The risk methodology takes into account market, counter-party, and smart contract risks associated with the tokens selected for the Degen Protocol. Its goal is to contribute to elevated risk standards within the dynamic landscape of DeFi.
In the realm of professional cryptocurrency investment, understanding and mitigating these risks are crucial for navigating the ever-evolving terrain of decentralized finance. As a seasoned crypto investor, it's imperative to stay informed and adopt robust risk management practices to thrive in the world of digital assets.