Exploring Solutions of Financial Risks in DeFi | HackerNoon

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Three common ways to solve defi financial risk: Risk Dashboards, Simulations, & Credit Rating. - defi cryptocurrency

Web3 security vulnerabilities pose a significant threat, with smart contract security issues accounting for $3.8 billiond in losses, according to Chainalysis.

DeFi encompasses various risk categories, including: financial risks, off-chain security risks, and smart contract upgrades. Three primary research areas include: Risk Dashboards, Simulations, and Credit Rating.

 

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