I think the difference btw "we are 100% sure this mint runs this code" vs "we don't really know what it's doing but some checks make it look fine" is significant.
In terms of rugging it's the same I think. In fact it could be worse, the operator could use a cloud enclave to instil trust in the token holders (look you can attest the code) and then wait some time and rug the holders all the same. And every rug is 100% of the value of all your tokens gone, it doesn't matter how trustworthy things looked the split second before the rug.
But I think there are some benefits to enclaves, the biggest benefit being that a mint insurer can be 100% sure of the mint's outstanding assets. That's impossible without enclaves.
But I think there are some benefits to enclaves, the biggest benefit being that a mint insurer can be 100% sure of the mint's outstanding assets. That's impossible without enclaves.