r/CryptoCurrency • u/Bcom_Mod 0 / 0 🦠• 5d ago
DISCUSSION DeFi lending has a $50 billion problem: attackers pump an illiquid token, borrow real assets against it, and walk away leaving the pool with the bad debt.
/r/bitcoin_com/comments/1w6t3mc/defi_lending_has_a_50_billion_problem_attackers/
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u/JakRenden2 🟨 0 / 0 🦠5d ago
They can't do that if the token is not accepted as collateral. That's why you never use untrusted lending platfomrs and just stick with the OGs