Ignas | DeFi Research

Ignas | DeFi Research

Share this post

Ignas | DeFi Research
Ignas | DeFi Research
How to Stay Safe in DeFi: My Personal Guide
Copy link
Facebook
Email
Notes
More

How to Stay Safe in DeFi: My Personal Guide

My guide on how to evaluate DeFi project safety & 5 tips to avoid stupid human error mistakes. All from personal experience.

Ignas | DeFi Research's avatar
Ignas | DeFi Research
Apr 27, 2023
∙ Paid
25

Share this post

Ignas | DeFi Research
Ignas | DeFi Research
How to Stay Safe in DeFi: My Personal Guide
Copy link
Facebook
Email
Notes
More
4
3
Share

Self-custody and being your own bank are the future of finance, they say.

But even crypto veterans are losing millions due to an obscure exploit that empties wallets of crypto wallets.

It's easy to lose money in DeFi if you're not careful due to the presence of many exploits, rug pulls, and contract bugs. Just yesterday, Merlin DEX rug pulled users of ~$2M USD.

What’s more, even more money has been lost due to avoidable, human mistakes. To prevent yourself from becoming the next victim, it's essential to have a strategy in place to minimize these errors.

That’s why I want to share my guidebook to staying safe in crypto & DeFi. All from personal experience. There are two parts to this blog:

  1. How to evaluate DeFi project safety to avoid rugs & hacks

  2. 5 tips to avoid stupid human error mistakes.

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Ignas | DeFi Research
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More