The mystery yield of DeFi

Discussion in 'Crypto Assets' started by Pekelo, Jul 5, 2021.

  1. Pekelo

    Pekelo

     
  2. lwlee

    lwlee

    Yeah google Cuban and DeFi. Dude took the brunt of a DeFi scam recently. And I think Cuban is one smart dude but in this case, he got taken in by the hype.
     
    jys78 likes this.
  3. 2rosy

    2rosy

    Seems like these yield farming smart contracts are crypto version of structured products. WMDs
     
  4. johnarb

    johnarb

    Not all DeFi are the same. Some are riskier and provides higher yields

    The reddit post was disingenuous asking did he miss anything and not discussing the most popular and highly rated ones like AAVE (which I explained to you is the simplest form of defi, a bank, deposit/lend_

    Did he mention Compound, Maker DAO, Curve? How about you do research on those projects and you tell us how they produce yields?
     
  5. traider

    traider

    What about the mystery yield of pension funds?
    mystery printing of the FED?
     
    johnarb and Clubber Lang like this.
  6. What about the mystery of one of England’s largest banks telling people where they can and cannot send THEIR OWN MONEY (hint- Not to Binance).
     
    johnarb likes this.
  7. Pekelo

    Pekelo

    So your logic goes, just because you are a thief I can steal too? Here is a Earth shaking idea, why don't you start about those?

    For extra credit, your logical fallacy is called whataboutism. The more you know....
     
  8. Any of these assumptions can be true or false for Defi yieldings. They all are assumptions at the end of day.
     
  9. Pekelo

    Pekelo

    Sure, but when it goes to crypto we should default on the side of fraud. :)