The answer is no. The risk is high. Many believe that DeFi Development is the future of finance, and early investment in technology that is disruptive can be very profitable.
However, it is difficult for newcomers to distinguish between good and bad projects. And there are many bad projects.
With DeFi booming and growing in popularity in 2020, many DeFi applications, such as Meemcoin's YAM, whose market capitalization went from $ 60 million to zero in just 35 minutes, have failed.
Other DeFi projects, such as Hotdog and Pizza, have followed the same fate, with many investors suffering significant losses.
In addition, DeFi bugs are unfortunately still quite common. Smart contracts are powerful, but once a rule is set on a protocol, they cannot be changed, and bugs are often permanent and increase the risk. Checkout more [url]DeFi Development Company[/url]