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Decentralized Finance and Yield Farming
This chapter delves into the concept of yield farming in decentralized finance, explaining the process of earning profits by putting money and tokens into a box and selling the tokens. The controversial statement made by Sam Bankman-Fried, referring to decentralized finance as 'Ponzi-ish', is also explored alongside his competition with the traditional financial system. The chapter further highlights the foreshadowing nature of a hypothetical trade and its resemblance to the actions of FTX, as well as featuring sponsor ads from HSBC Innovation Banking and IBM Watson X.