The world of Decentralised Finance (DeFi) has brought about a new era of financial freedom, allowing people to invest and earn profits without the need for intermediaries. However, as with any rapidly growing industry, DeFi has attracted its fair share of scams and fraudulent activities. One such scheme that has plagued the DeFi space is the Ponzi scheme, a fraudulent investment scheme that promises high returns to early investors using the money of new investors.
In this episode, we delve into the world of Ponzi schemes in DeFi, exploring the 10 mechanisms of Ponzinomics and two case studies of Ponzi scams. We will also discuss how you can protect yourself from these scams and ensure that you are making informed investment decisions. Join us as we uncover the secrets of Ponzinomics and the dangers of Ponzi schemes in DeFi.
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