Quote from: akwfleaspirit on August 30, 2020, 02:22:38 PM

The y series have become a trending topic on most social media.

Haha! You know it's going to be pumped and be dumped whenever you see a new project promoted excessively.

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Yffarm (Yearn Finance Farm) I see this last one, as a big scam.

Can you tell us why?

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My concern is, with the high rate of pump in all these ys, what happens to investors, if it dumps terribly back.. Or glitches like yam. It's scary seeing so much campaign on ys. Who knows how long this will go for.

The collapse for most of these "Y series" or other DeFi projects will be catastrophic. A lot of speculators who is riding this train will undoubtedly complain and cry.

I don't know how long it will last but I think it will be shorter than the days of the initial coin offerings. I won't be surprised if regulators starts clamping down on these decentralized lending and investments. Once they do, many of these projects will run away.