A lot of #DeFi projects aren't sustainable, but I'm quite skeptical of these in particular because of the big promises.
I'd also love to hear some counterarguments from #DeFi people I respect like @takegreenpill and @TheCoffeeBlock who have experience with these projects.
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Q. How likely is it that these yield farming strategies will be banned when regulation comes?
A. My thoughts on this below 👇
[1/x]
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• #crypto - and #DeFi in particular - is bound to see more regulation. There is too much uncertainty around regulation currently, causing problems for investors and regulators.
• Regulation varies by jurisdiction - so it's hard to say exactly what will be allowed / not.
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• Regulation is also slow to catch up. Things move very fast in #DeFi. New projects and models are coming up all the time, which are hard to classify by TradFi frameworks.