Farcaster

Underexplored business model:

Earn money buy using funds held during some period in DeFi to earn every block (all 2s on Base now for example)

Why?
-> user and customer have it free
-> you earn anyway
-> able to leverage DEFI for yield and no bank fees yourself

Great strategy, To mitigate the risks of this business model, several strategies can be employed:

DeFi Insurance Protocols: Platforms like Nexus Mutual and Armor.Fi offer insurance products that protect against losses from smart contract exploits, economic design failures, or governance attacks.

Use of Multi-Signature Wallets: Implementing multi-sig wallets adds an extra layer of security, requiring multiple approvals for transactions and reducing the risk of unauthorized access.