TheBlock
2020-06-26 11:00:12

Farming yield: when the crops go bad

Quick TakeLiquidity mining has become the latest trend in the digital asset sector, where users have been coming in droves to protocols looking to “farm” yield.The potential for profit has attracted speculators that have remnants of the 2017 ICO bubble, where we have seen a significant appreciation toward DeFi tokens.“Farming yield” will likely not end well for many participants, where they will either get left holding the bag or even worse, lose it all due to a smart contract vulnerability. 

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