In the current situation, you should stay away from all wrapped assets, LST, LRT, bridge assets backed by chains or third parties, and lending and lending-like protocols that use these assets as collateral. If you find this too complicated, try to minimize your exposure to DeFi with large sums of money.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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