It's all fun and games until you read first-hand experiences from actual manufacturers... The situation is slowly getting out of hand for sure.
As for DeFi, you are on to something here. Even though I do my best to educate people on how to use it, I'm gonna need to drop a few truth bombs soon that portray the bigger picture.
Right now most protocols are very obvious ponzi schemes driven by pure speculation. People will need to wake up or we are all going to end up with a lot of heavy bags no one will be able to carry.
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The yields need to come from “somewhere”
It does come from somewhere but that somewhere is infinite token emissions which make no sense in the long run.
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Which protocols are the Shakey ones?
I'm not in on anything on Hive engine, really.
I'm talking Eth mostly.
Every protocol on ETH has basically the same tokenomics model and most yield comes from emissions.
Don't want to point fingers because it all makes sense for now. It always comes down to your research and conviction. If it makes sense to you go for it.
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