Someone got tired of 1 $YFI hovering around 1 $BTC.
~$3m ape wicks it to 55k, books really thin up there.pic.twitter.com/0LlyG6Y0VE
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Yea I think its preemptive in some cases but maybe their own attorneys think these tokens pass the test
Yield farming is a great institutional target for their precious focus on APY
Definitely, but big institutions won't touch until the aml/kyc coast is clear. I really think the parallel between defi and btc is good one. 2017bitcoin burst on the scene and it was muh institutions but that took time. Defi will get there in due course
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