🖤Smart contracts, DAO governance, code as law,
In reality, when a multi-signature migration, this "internal key" operation goes wrong, it directly turns into a hacker's ATM.
🖤Either the project team embezzles (the founder ran away before the governance token crashed)
Or the code + governance is so poor that they can't even manage basic permission controls.
🖤Anyway, user funds are always that ATM card that can be withdrawn at any time.
🖤DeFi has no regulation, no insurance, only two eternal exit mechanisms: "hackers to blame" and "code vulnerabilities".

🖤In a bear market, the least affected are always the hackers and the project teams.
"Decentralization" - removes all constraints on the project team, leaving only unlimited risks for users.

👉For retail investors, perhaps true decentralization has never been in DeFi, but in being able to take their money back anytime, anywhere.

#Drift协议遭黑客攻击