Crypto world is quite weird to an average person but a happening place 24x7x365. Strange things, drama, tragedy...everything keeps going on at an accelerated pace on a daily basis here :)
RE: BlurtSnap - 幣圈一日, 人間一年
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BlurtSnap - 幣圈一日, 人間一年
The recent developments in the defi space are pretty much embarrassing. We have all this amazing technology end it seems that over half the time it is re-purposed for a novel scam.
Consider things very carefully before investing your money, or your time for that matter.
The above event just told us how people who are not managed their portfolios well by going all out. Plus those DeFi projects, wether legit or not, it is their own responsibility to do their own research by earning such unreal APY returns. I guess that Darwin's "Survival of the fittest" also can be applied to DeFi.
It is strange because it still got no regulations, but that is also the charm of Crypto world. As people always said when there is a crisis, there is opportunity. People who can surf on that wave, are most likely to make a fortune with it, at a, like you said, an accelerated pace on a daily basis. :)