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Yield, Risk and Portfolio Construction·Lesson 27 of 31·26 min

On-Chain Risk Frameworks

This lesson is for enrolled learners

The concept Evaluating a DeFi protocol's risk requires a structured framework, not a vague sense of "this seems legit" — and the same five axes apply whether you're assessing an AMM, a lending market, or a stablecoin. Smart contract risk: has the code been audited, by how many reputable firms, how long ago, and what was the severity of unresolved……

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