Stay away from projects with insanely high APY, 100,000% to 500,000% APY, you knew what I'm talking about, Titano, Safuu and others, invest but learn to back your initial investment first, all these defi projects are practising ponzinomic scheme. The latest is Safutinano, just know what you are doing.
Don't say 'all these' rather say some of these, because by saying all these it means you are generalising all the defi projects we have in blockchain which is wrong. In fact, it is only greed that will lead anyone to invest in such pointless projects that have nothing to offer than just high apy.
How does those who are jumping into this ridiculousness think the team can sustain the project by giving such huge apy? It is very obvious these are money grabbing projects.