Dissecting Risk in Defi Projects
Published in
11 min readOct 16, 2020
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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 …