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Yearn.finance (YFI) yields are plunging: is this a risk for the Ethereum DeFi darling? Yearn.finance (YFI) yields are plunging: is this a risk for the Ethereum DeFi darling?
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Yearn.finance (YFI) yields are plunging: is this a risk for the Ethereum DeFi darling?

It’s fair to say that it’s been a slow past few weeks for the decentralized finance space.

Yearn.finance (YFI) yields are plunging: is this a risk for the Ethereum DeFi darling?

Photo by Artem Verbo on Unsplash

It’s fair to say that it’s been a slow past few weeks for the decentralized finance space.

Due to a confluence of trends including but not limited to DeFi becoming crowded, venture capital firms launching “industrial-scale farms,” and Ethereum-based coins dropping, the yields offered through the top “farms”ย  have plunged.

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