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.
yes, that's true, indeed Defi projects by providing very large APY will have the potential for a ponzi scheme,
of course we have to avoid it even though it is very attractive to buy, there are still defi projects that are good and provide not much APY,
I think APY at least 20% or 50% is very good than 1000%.