In the world of blockchain and cryptocurrencies, rekt is used to describe a severe financial loss. As a result of the exponential growth of DeFi, a whole range of “fast food” scam projects appeared. But this is not the only reason why a project can be wrecked, protocols can have vulnerabilities in their smart contracts. Some types of issues for being rekt can be:Exit Scam. Involves harmful actions planned by the development team, whose intention was to steal depositors and investors funds.Fla...