The olympusDao and the many clones where you stake a shittoken for 80000% APY and everybody was convinced they cant lose money and had (3,3) in their twitter handle. That’s why Defi has a bad rep - greedy people don’t understand deeply the algorithms and game theory and yolo to ponzi based on an APY that rarely if ever beats the token inflation. submitted by /u/zed-b [link] [comments]