If one of the most important figures in the DeFi space makes an announcement...people should listen. By far, I don't feel qualified talking about YFI, YFFI or YAM. But from what I know, the recent high gas prices and price movements for some tokens are the result of YAM. YAM is pretty much the next big Defi project from the Yield farming scene - or should I say WAS the latest project.
That was an hour ago or so. I reckon there will be plenty of articles soon what has happened. Yield farmers put in a crazy amount of dollars into this neglecting all safety concerns. I am pretty curious to read what happened. Hopefully, none of you has lost their investment and your funds are safe.
Stay safe, leave me a comment if you like.
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