Offshift (XFT) is a platform token for private derivatives. The features of the project are the provision of 1:1 collateral, zero slippage and zero liquidation.

Offshift news today, XFT crypto latest news of token ticker

Offshift

And so it continues.

More KYC Reqs ➡️ More #CeFi

More CeFi ➡️ Off-chain Collateral

Off-Chain Collateral ➡️ Bankruptcies

Bankruptcies ➡️ Court Hearings

Court Hearings  ➡️ Data Dumps

Lessons:
1) Choose #DeFi
2) Choose #PriFi https://t.co/C5a16yIObE

Prepare your online presence. If FTX goes into bankruptcy, there is a good chance that full names and crypto balances of all users will be made public. It will be a privacy nightmare, and many will be blackmailed/harmed. Consider this an eventuality and take preemptive measures.

Twitter

And so it continues.

More KYC Reqs ➡️ More #CeFi

More CeFi ➡️ Off-chain Collateral

Off-Chain Collateral ➡️ Bankruptcies

Bankruptcies ➡️ Court Hearings

Court Hearings  ➡️ Data Dumps

Lessons:
1) Choose #DeFi
2) Choose #PriFi https://t.co/C5a16yIObE

Prepare your online presence. If FTX goes into bankruptcy, there is a good chance that full names and crypto balances of all users will be made public. It will be a privacy nightmare, and many will be blackmailed/harmed. Consider this an eventuality and take preemptive measures.

And so it continues. More KYC Reqs More #CeFi. More CeFi Off-chain Collateral. Off-Chain Collateral Bankruptcies.