«I feel each DeFi protocol and every DeFi mission has a distinct stage of threat and a distinct degree of reward,» mentioned Demirors. But, «it is important to understand the explanation the reward is excessive is because the danger is larger. The rationale we see high yield is there is threat here.»

Part 2.6.25 is TON’s promise of decentralisation. It explicitly contrasts TON with Bitcoin and Ethereum, which run Proof-of-Work, https://gusevblog.ru/ which – other than being a horrifying and reprehensible waste of power and CO2 generator – has centralised resulting from economies of scale: the bigger you’re, the more effectively you can mine Bitcoin or Ethereum. TON makes use of a nominator system:

Quite the opposite to its perks, all trades, together with yield farming, comes with a set of risks. That’s especially when smart contracts will be riddled with bugs. That was exactly the case with the token YAM in August 2020. There’s over $four hundred million locked into YAM on Uniswap, but there was a bug after it transpired. Subsequently, its price crashed spectacularly from over $100 to around the $1 mark.