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RE: HIGH APY - does it make you EXCITED or discourage you from investing in DeFi Projects
Hello @crypto.piotr, I have always thought that the most "bombastic" projects at some point fall and with it all their followers and investors.
Many times I have tried to be the most optimistic from the beginning of a new project where I want to participate, however it is like a "law", everything that "makes a lot of noise" turns out to be a fiasco in a certain time.
Consequently, I dare to add that, like you, small projects where their development can be directly and transparently monitored and where there are only a few investors, is when short and medium-term gains are best used and they face lower risks.