V God: DeFi yield farming is like the central bank printing money like crazy

V God: DeFi yield farming is like the central bank printing money like crazy

According to Decrypto news, Ethereum co-founder Vitalik Buterin believes that DeFi yield farming is unsustainable, just like the central bank's crazy printing of money to save the economy, and he is skeptical about the current DeFi market boom.

Vitalik Buterin also said that so far, the only strategy I see to generate long-term fees is some kind of weird financial attack, grabbing liquidity and stealing network effects from unswap transactions, and I am pessimistic about this strategy. Some people think that Vitalik Buterin's remarks may be hinting at Uniswap+yield farming tool Sushiswap. Vitalik Buterin suggested that it is better to get rid of yield farming completely until it gradually develops into a more sustainable industry.


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