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How to ensure my deposited money is safe and not rug pulled?
Working on a project where users can stake their USDC in the system. However, I am concerned about the safety of the user's deposited money. How can I ensure that the money is not rug pulled by anyone?
I also want to know if the co-founders or anyone else has the power to take money from the pool that users stake. Can they access the collateral provided by the borrower?
Furthermore, I would like to know about the risks associated with staking USDC in the system. Are there any other potential issues that I should be aware of?
- Aave Protocol
Відповіді
1Here are the risk mentioned and here
You lend and borrow not stake, so you deposit a supported token and someone can borrow this token too. If there is enough liquidity (not everything borrowed like for e.g ampl) you can withdraw your deposited tokens anytime.
Ви знаєте відповідь?
Будь ласка, увійдіть та поділіться нею.
Aave is a decentralized non-custodial liquidity protocol where users can participate as depositors or borrowers.
Зароби свою частку з 1000 Sui
Заробляй бали репутації та отримуй винагороди за допомогу в розвитку спільноти Sui.
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