The growth in Ethereum’s decentralized finance space has been one of the biggest wealth-generation events in the crypto space of the past year. Coins pertaining to “DeFi,” as this part of cryptocurrency has been dubbed, have literally gone parabolic. Simultaneously, there have been extremely high yields/interest rates offered on certain DeFi products.
The profits made in DeFi, unfortunately, have attracted some unsavory folk. Reports recently came out suggesting that there was a notable DeFi exit scam that went down this past weekend.
Doo Wan Nam, part of the Asia business development team at MakerDAO, recently …