Yield farmers dreaming of 1,000% APY pour millions into latest DeFi token YFI

[Riya143]

With $150M of deposits coming in virtually overnight, the YFI token itself has soared by more than 80x to as high as $2,500. Here's why.
This is the state of DeFi right now: a token called “valueless” by its issuers drove $150M of deposits, while the token itself soared by more than 80x to as high as $2,500 practically overnight. And “farming it” has yielded annual returns of 1,000% for some traders.
Read More: https://decrypt.co/36271/yield-farmers-dreaming-of-1000-apy-pour-millions-into-latest-defi-token-yfi

[TomPluz]

DeFi projects can be considered as the new ICO of 2017. I know that this can be another insane run but for those who are making hefty money out  of the DeFi popularity this can be the blessing coming from the heavens. Let's hope nobody will be crying when the DeFi light will dimmer a bit. YFI is another interesting player in this expanding and exciting market.