Identifying Safe DeFi Protocols: Avoiding Scams
Navigating the decentralized finance (DeFi) landscape can be daunting, with numerous protocols vying for attention. Amidst the excitement, it's crucial to prioritize safety and avoid falling prey to scams. This prompt provides guidance on identifying legitimate DeFi protocols, empowering you with the knowledge to make informed decisions and safeguard your financial assets. By following the steps outlined, you can navigate the DeFi ecosystem with confidence, maximizing its benefits while mitigating potential risks.
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