SCAMS IN DEFI

Crypto scams are devastating and can rob you of your hard-earned money and dreams of financial freedom

Here are some common Defi scams and how to avoid them

{A Thread 🧵, RT for Others} SOME POPULAR SCAMS

1) Phishing

Phishing is a scam whereby a fraudster creates malicious links, documents or websites that can steal your personal information such as passwords and seedphrase just from one click!

#Metalauncher just confirmed its airdrop!!

Follow these steps to qualify!

{A thread 🧵, RT for others}

#MTLAAirdrop #Metalauncher #Airdrops #BSC @meta_launcher is is a platform that aims to onboard businesses and customers into the metaverse and have 3D shopping experiences in the metaverse

IMPERMANENT LOSSES EXPLAINED

Are you familiar with impermanent losses?

In this thread, we'll explore what impermanent losses are, how they affect your profits & most importantly, strategies you can use to minimize them

{A thread 🧵, RT for others} What are impermanent losses?

Impermanent losses are losses that happens when the price of your crypto locked up in a liquidity pool changes. This creates an unrealized loss, versus if you had simply held the assets in your wallet.

⚡️#ZkSync Testnet Airdrop

The ZkSync testnet was recently announced and there is the likelihood of an airdrop.

Here is a step-by-step guide on how to interact with the #testnet

A Thread 🧵

#zkSync #crypto #Testnet #AirdropAlert 1) Create a wallet and get tokens

- visit : goerli.portal.zksync.io/faucet
- Connect Metamask
- Request funds from faucet

In less than 48 hours, we will be witnessing something that might change the crypto world forever.

Heres a few things you should know about the ETH Merge 👇🏻

A thread 🧵 🪡
#Ethereum #EthereumMerge #ETH WHY IS THE MERGE IMPORTANT?

The merge will eliminate the need for energy-intensive mining and instead secure the network using staked ETH. A truly exciting step in realizing the Ethereum vision – more scalability, security, and sustainability.

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