Too Long; Didn't Read
The first decade in crypto (2009-19) saw people primarily speculate or invest in different crypto assets. Consumers flocked to these platforms to grow their existing crypto portfolio and at times as an alternative to their traditional banking accounts. The implosions in the crypto ecosystem that started with the collapse Luna ecosystem and grew to multiple Centralized Finance players filing for bankruptcy has shaken consumer confidence. But, it also highlights the need for a better understanding of how these yields are generated and the risks they entail.