In an abject thread, Chef Nomi wrote, the SushiSwap project “has a lot of potential, don’t let my action alone fuck it up.”
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DeFi ‘will soon run out of victims to fleece’
Messari founder Ryan Selkis went on a twitter rampage yesterday, predicting that the decentralized finance ‘bubble’ will soon pop
Decrying Ponzi economics, yield hopping, 50% APY yields and “rug pulls”—in which a project’s founder runs off with investors’ funds—Selkis warned that “a good rule of thumb” is that if a project’s promised payout “looks too good to be true, it is.”
