The biggest fear in playing DeFi is encountering meme token projects! Many scammers will say "the code has been audited," but it actually doesn't exist. Be sure to rely on the audit reports from well-known auditing firms; projects in the CoinUp ecosystem will clearly label their audit information. Remember: a smart contract that hasn't undergone strict auditing is like food that hasn't passed quality inspection; consuming it may cause diarrhea. #CoinUp#
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The biggest fear in playing DeFi is encountering meme token projects! Many scammers will say "the code has been audited," but it actually doesn't exist. Be sure to rely on the audit reports from well-known auditing firms; projects in the CoinUp ecosystem will clearly label their audit information. Remember: a smart contract that hasn't undergone strict auditing is like food that hasn't passed quality inspection; consuming it may cause diarrhea. #CoinUp#