# 10 DeFi commandments 


By [Eugene Nasyrov](https://paragraph.com/@eugene-nasyrov) · 2022-09-05

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1.  Don’t hold at CeFi
    
2.  Don’t hold non-algorithmic stable coins
    
3.  Understand DeFi revenue structure
    
4.  Protect against Impermanent Losses
    
5.  Don’t venture all for 20% APY
    
6.  Check swaps at DeFi aggregators
    
7.  Check audits and bug bounties
    
8.  Research Dapp/DEX behaviour in past crises
    
9.  Monitor other blockchains
    
10.  Watch Bitcoin halving

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*Originally published on [Eugene Nasyrov](https://paragraph.com/@eugene-nasyrov/10-defi-commandments)*