Defi is still a favorite money maker in cryptocurrency. Under the name farming and harvesting? defi projects attract a lot of attention.

Defi ideas and platform is cool and advanced but there are some weskness in the protocol.

An anonymous developers held admin key that enable to mint tokens. Harvest Finance locked 1 billion fund. Anonymous developers with admin key drained the fund in uniswap pool by minting unlimited tokens worth 12 million USDC.
https://cointelegraph.com/news/anonymous-devs-behind-a-defi-yield-farm-could-steal-1b-in-12-hours/amp?__twitter_impression=true

Defi makes me confused

There are many cases of scam defi but more people lock their fund in defi pool. I know quick profit from the rise of defi token is the biggest attraction. I think that is stupid. Defi protocol without auditing by trusted company can be high risk. Harvest Finance case is a proof that defi protocol can be manipulated.

By holding admin key the developers can mint unlimited token. That is the dirty cheat in defi. I am not really interested in defi because in my opinion defi is the same as HYIP.

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