This reminds me of Luna and UST. Ever since the Luna incident, I’ve rarely participated in DeFi unless it’s something heavily promoted by top exchanges. Otherwise, I’d rather be cautious. Sure, I might miss out on some interest, but at least my principal stays stable. Recently, I’ve gone back to arbitraging between USDT and USDC, making a few hundred dollars a day. It’s not much, but at least the safety is guaranteed. The last time I joined Zerobase’s large fund was because Binance’s Booster recommended it. If it were purely on-chain, I’d definitely be more hesitant. But that said, it also shows the market’s demand for compounding returns on capital. I believe there will be more quant or market-making projects packaged as financial products, and I’m actually looking forward to those kinds of projects.