TechFlow News — Ethereum co-founder Vitalik Buterin believes central banks appear conservative in printing money to save the economy when compared to DeFi yield farming, and he remains skeptical about the current DeFi market frenzy. Vitalik Buterin also stated, "So far, the only strategy I’ve seen that generates long-term fees is some strange financial attack—grabbing liquidity and stealing network effects from non-swapped trades. I’m pessimistic about this approach." Some speculate that his remarks might be hinting at Uniswap and the yield farming tool Sushiswap. Vitalik Buterin suggests it would be better to completely move away from yield farming until the sector gradually evolves into something more sustainable. (Decrypto)
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号




