Learning about DeFi
on
histre
kirubakaran
5 Upcoming DeFi Projects in 2021: A Review | Hacker Noon
hackernoon.com
Main risk called out is the locked cryptos going down in value. So E's solution to this is to use 2 stable coins.
Highlights
Yield farming is a high-return, high-risk strategy to reap crypto gains. Some of the risks are technical, including smart contract exploits or transaction mistakes. Funds locked in a yield farming protocol are not guaranteed. When the coin or token is in a highly volatile pair, the yield farmer may end up losing funds, and only hope for a market recovery to recoup the loss and return to profitability.
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