What is Rug Pull? - Crypto Rug Pull Scam Explained скачать в хорошем качестве

What is Rug Pull? - Crypto Rug Pull Scam Explained

💹 FEE DISCOUNT ON HYPERLIQUID PLATFORM ➤ https://app.hyperliquid.xyz/join/CRYP... ➤SUBSCRIBE FOR MORE CONTENT ➤    / @universityofcrypto   This video answers the questions: What is Rug Pull in Crypto? How does Crypto Rug Pull Scam work? - Crypto Rug Pull Scam & How to avoid it will be explained. Timestamps: 0:00 Introduction 0:20 What is rug pull in crypto? 0:52 Difference between hard pulls and soft pulls? 1:36 How to avoid a rug pull? 2:30 Video end In the cryptocurrency sector, a rug pull occurs when a development team abruptly drops a project and sells or eliminates all of its liquidity. The expression "pull the rug out from under (someone)" is the origin of the word, which refers to abruptly ending support. The Decentralized Finance (DeFi) projects that offer liquidity to Decentralized Exchanges (DEXs) are most commonly linked to rug pulls. A DEX is the only source of liquidity for new projects' DeFi tokens because CEXs typically do not list them. A DeFi startup will typically produce its token and give a certain quantity as liquidity to a DEX. This can either be sold in an Initial DEX Offering (IDO) or directly added to a liquidity pool (combined with another token like ETH or BNB). Investors buy the coin in an IDO, and the money is often locked for a set amount of time to ensure a particular degree of liquidity. Not only in this video various crypto topics will be explained. Remember to leave a like, and subscribe to the channel for more materials like this.