Previously Farming is introduce in the Ethereum network which attracts some attention and it became popular. Due to Ethereum high gas fees. Some individual like CZ and Justin made their own chain for this kind of technology. Binance have launched their Binance Smart Chain (BSC) which attract a lot of projects and users because it is fast and low fees I guess that is natural because there are only a few users. Now Pancakeswap (CAKE) has been leading the DEX and Farming on this platform, by the look of it, it is looking good for me and their contract is already audited but still, this high yield farming is always risky and I don't think it will survive in the long term unless they reduce the yield slowly. What are your thoughts about it?
you can find some of BSC tokens here:
https://bscscan.com/tokens-volumeDon't worry, in the beginning, every defi platform will give high returns to the investors in order to attract the customers, but when the supply is increasing we might see the downfall of the reward and their burning will increase in order to reduce the supply. Soon we might see the inflammation from this coin and the reward will get reduced due to supply of the CAKE coin is unlimited. The burning strategy will keep on going on a daily basis.