i had some savings in a stablecoin on a platform that got a huge interest rate and then i realized that was a bad idea. the interest rate was too good to be true but the last straw was when i tried to move the stablecoin funds one time during a bear panic and the platform wouldn't let me move the money. so i exchanged it to USD and put it in a bank then used the cash for the down payment on some land. exchanging the value from crypto to a hard asset was one of the best financial decisions i've made, because a year or two later i would've never been able to access the funds again due to a hack on the defi stablecoin website.
sorry for the snark on your launch, just being an HN caricature.
genuinely, how do y'all protect the consumer from your smart contracts having a bug or security vulnerability? will you ever freeze funds in the event of a crypto bank run?
dunno how this shit is legal.