Cryptocurrency News

Is education the key to curbing the rise of scammy, high APY projects?

06/04/2022

Less than a minute

2022.06.04 18:26

Is education the key to curbing the rise of scammy, high APY projects?

Most people who have dealt with cryptocurrencies in any capacity over the last couple of years are well aware that there are many projects out there offering eye-popping annual percentage yields (APY) these days.

In fact, many decentralized finance (DeFi) protocols that have been built using the proof-of-stake (PoS) consensus protocol offer ridiculous returns to their investors in return for them staking their native tokens.

06/04/2022

Less than a minute

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