I personally wouldn’t do the majority of DeFi - especially if I don’t individually know the people behind the Projects/Pools. It is extremely risky as you are willingly Bonding your crypto hodlings with no contract. You are saying you have faith in the Actors - not only will they follow through consistently for you and the purported yields but you trust their Security. This being said, I am very familiar with several of the Devs and CEOs in the Cosmos Ecosystem. They realize, now, The Gravity Dex was a mistake in the Cosmos Hub. The Osmosis Lab is awesome. Sunny was a key player at Tendermint for 4-5 years. I have a Trust factor with the community I don’t have elsewhere. It is still risky, yes, but I don’t play with all my Hodlings just a portion. The risk in Bonding to a Liquidity Pool ‘shouldn’t’ be losing your crypto. The risk is the devaluation depending on your fixed bonding period. AND, the risk could be you’ll end up with more of a coin you don’t necessarily want to Hodl if the other in the pair rises in value commensurate to the other. Howver, you can hedge this, by pairing with Stablecoins (to a large extent - it isn’t full proof but it is pretty good). Hopefully that answers your questions.