There is a new version of yam. The yam2 and its price is higher, we cant do anything about these defi release even the yfi has a lot of copy paste projects that turns out to be expensive projects. I think we should be careful on every project that launches defi. Most of them are money grabber and not trusted at all.

it looks like those sites were getting paid. In my opinion, if the def has already taken a lot of money and they can do that. The product that issued by yam is not a solid product and there were so many products that much better than the one that has already created by yam

Yam is going to launch the second version of its platform. Would you trust them? I think they already lose their credibility when they released DeFi platform with full of bugs. 

People have now become greedy and wherever they see the word DeFi, they think that it is easy money and they invest, but the problem here is that the developers are also rushing with their projects and due to this rush most of the developers aren't running stress tests on their contracts and due to which the bugs still remain and for a project like YAM which holds millions in cryptocurrencies it is a risky move to have even a single bug in the contract as we have already seen lots of exploits to a smart contract because of an unrecognised bug that the team wasn't able to find.

If there is any bug in the system, then the team should be blamed for not properly doing their work and detecting the bug even before they launched the project. There are some people who just wants to quickly make money out of every opportunity and they can launch projects and be looking for ways to make money with it. They should have checked their project very well and paid expert programmers to do the job and not look for cheap work.

I have seen people who are talking about launching a project when it’s clear that they don’t have enough funds and what it takes to do proper work on the project before launch.

It turned out that Oikos is doing good today. We usually ride on what on the hype or what other may have say against a certain project or thing that we don't have any knowledge with. Fraud/scam are inevitible in crytpo that is why we must make DYOR before putting our money into investments.

In fact the news was sad for me because i invested in this project. However, it did not come from my idea because i invested in the YAM project on the advice of my friends. In fact, many Daffy projects have some tempting offers, staking, swap something like that where investors like us are naturally attractive. Suddenly their hype system is attracting incomparable so many investors are rushing to invest without research. However the demands of the defi project will be widespread so move away from the scamming project.

Government regulation is not the problem, the nature of this market makes it impossible to regulate the problem is the lack of investing and trading education among the participants of this market, as soon as the price of a coin begins to move up they try to invest in it trying to obtain great profits out of it, and I get that every single person in this market wants to earn money but they do so by taking enormous risks that are not justified and that will eventually lead to their fall.

exploit ? does it mean they have been hacked ? i thought they were a scam because many people said they are .  

verry promising is a hint that a project is likely scam and why would they continue ?  you dont need to be sad if your not one of those who invest but its thier lesson because sometimes investors are uncontrollable and are still doing what they think its right for them .

That was a risk when you join cryptos. You should know what will happen when the project is in trouble. The price will hit hard to the ground and when this happen better to stay away asap. The token might be has being used as a pump and dump token  so anyone that buy at high will stuck with the tokens. Its sad to see honest traders that believe this project will going to burned badly because of this dump.