It’s hard to feel sorry for those caught up in this. You’d have to be monumentally stupid to put your life savings in an unregulated and uninsured system.<br><br>The reason people do this is either pure speculation that their returns will follow the trends of the explosion of Bitcoin over that last decade or they love the idea of a banking and investment system that is free from control “of the man”. <br><br>How’s that working out for you?,(reply>), The decentralized system is working just fine for some folks. It's all this hyped up VC fake defi (cefi) that's polluting the space bringing their traditional finance games into the arena. There are legit defi projects not everything is a scam some even let you purchase insurance against smart contract hacks.