The arbitrage profits of Lista DAO are indeed tempting, but the traders who can truly sustain profits spend most of their time not researching how to make money, but how not to lose it.

The most critical risk is liquidation. If the collateral price suddenly plunges, your position may be forcibly liquidated. This is not a hypothetical scenario but a normal occurrence. Therefore, smart traders use conservative collateral ratios—around 50%-60%—instead of full leverage. Well-prepared traders also set price alerts, monitor the movement of collateral assets, and add collateral or repay early as the price approaches the liquidation line. In extreme market crashes, decisive action is even more necessary; relying on luck is not an option.

Secondly, do not overlook the risks inherent in the contracts themselves. Lista DAO and cross-chain bridge contracts may harbor undiscovered vulnerabilities. If exploited, your funds could be lost. The straightforward way to mitigate this threat is: do not stake your entire wealth; only invest funds you can afford to lose, and diversify operations to reduce the impact of a single point of failure. Choosing contracts that have undergone proper security audits can significantly reduce risk.

Another often overlooked aspect is that yields are not permanently fixed. DeFi yields fluctuate with market conditions, and the spread may tighten. Before entering, carefully calculate your "safety margin": even if the yield drops to 10%, will your arbitrage still be profitable? If you can't figure this out, don't act rashly.

Ultimately, DeFi is not gambling; it is a game of meticulous risk management.