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RE: Time to invest

in LeoFinance4 years ago

"Earlier this month, Buterin cautioned investors against yield farming. “You do NOT have to participate in ‘the latest hot DeFi thing’ to be in Ethereum. In fact, unless you really understand what's going on, it's likely best to sit out or participate only with very small amounts,” Buterin warned.

“Seriously, the sheer volume of coins that needs to be printed nonstop to pay liquidity providers in these 50-100%/year yield farming regimes makes major national central banks look like they're all run by Ron Paul,” he tweeted today, with reference to the former libertarian-minded Republican Congressman who famously called for the end of the Federal Reserve during his run for president."

https://decrypt.co/40318/vitalik-buterin-ethereum-defi-yield-farmers-central-banks

Also, eth gas fees hit all time high today

https://ecency.com/hive-167922/@jrcornel/fees-fees-fees-ethereum-gas-fees-hit-highest-levels-ever-today