Yield farming is not the organic future of blockchain
High APY won’t last long, Defi + upgraded DAO is the true future
The farming mania
Have you enjoyed the yield farming in the last couple of days? The price of COMP has jumped from $30 to $340 in just a week. And by supplying token assets on Compound, the lenders(of some tokens) could earn 20%+ APY (not counting the incentives COMP yet).
On Saturday, June 20, Compound has overtaken MakerDAO to become the largest decentralized finance protocol by total value locked according to…