Dissecting Risk in Defi Projects

Raymond Yeh
Coinmonks
Published in
11 min readOct 16, 2020

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Do you know the risk?

Yield farming is the newest kid around the block in the decentralized finance (Defi) space right now. With interest rates (or yield, or APY) over 100% on every other projects, one might overlook the level of risk associated with investing in Defi projects.

In fact, that was how I lost $5000 a couple of weeks ago

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Raymond Yeh
Coinmonks

CTO @ Bluejay Finance. Writes about personal finance, risk management & decentralized finance.