zlacker

[return to "YC W22 Stablegains is being sued for losing $42M in funds from 4878 customers"]
1. KingOf+05[view] [source] 2022-05-19 06:59:02
>>donsup+(OP)
"Stablegains makes earning with DeFi simple and safe for consumers and businesses alike."
◧◩
2. chii+ua[view] [source] 2022-05-19 07:48:33
>>KingOf+05
There's no such thing as a free lunch, and you cannot earn above inflation returns without taking on risk.

Even money market funds, which is what stablecoins are similar to for fiat currencies, are not without risk.

◧◩◪
3. nikanj+QU[view] [source] 2022-05-19 13:59:45
>>chii+ua
But there is such a thing as a lunch paid by suckers, and many people have eaten their fill
[go to top]