Finance Redefined: The curious case of Harvest Finance, Oct. 21-28

Cointelegraph

Published Oct 29, 2020 08:15AM ET

Updated Oct 30, 2020 10:20AM ET

We were graced with one more typical “degen yield farm” popping in and out of relevance this week.

Harvest Finance collected as much as $1 billion in total value locked before an “economic exploit” sent it tumbling down. Its value locked measure now hovering around $300 million and prospects for a recovery looking bleak.

This sequence is dizzying, and it still omits many steps.

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