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What is the Major Risk Associated With Decentralized Finance

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Nomad

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Well, in my opinion, one of the biggest risks in Decentralized Finance or DeFi is related to irreversible transaction. Once you send funds over the network the transactions cannot be undone. If funds are sent to the wrong address or if you use the wrong network, your funds will be lost forever. Irreversible transaction can lead to significant financial losses for inexperienced users.
 
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