First there were Tendies and YFI. Then came (and went) YAM. And, as of yesterday, we have Based Money. Meet today’s decentralized finance (DeFi), in what amounts to a crossover between massive multiplayer online (MMO) games, like World of Warcraft, and crypto pump-and-dump schemes.

The BASED Protocol is a DeFi game of chicken designed to shake out weak hands and yield the highest gains for those who understand the rules,” the website reads. DeFi MMO is all possible because of Ethereum’s composable nature, Aave CEO and founder Stani Kulechov said in a recent Chainlink blog. Often analogized to Lego bricks, Ethereum applications can be snapped together to create novel financial projects. The bad side of farming is the ‘DeFi Chad’ or ‘Defi Degen.’ The kind of meme-driven farmer who jumps from protocol to protocol without any thought on contract safety, chasing the biggest yield, dumping their tokens to the new guys and then moving on.

hype of defi make ethereum rise again.

"Yam Finance launched Tuesday. By the following day, YAM shot upwards of $160 per token and had some $700 million in no-loss collateral obligations under contract (aka yield farming). Early Thursday morning, YAM entered Github Valhalla when a bug locked the project’s governance and $750,000 treasury. The token’s market cap swiftly lost $60 million in 35 minutes."

This will be future because defi so good

[https://cashessentials.org/news/energy-guzzling-bitcoin-not-so-environmental-friendly/](https://cashessentials.org/news/energy-guzzling-bitcoin-not-so-environmental-friendly/)

How make this game I don't know about this gamer please guide me

[#Gaming](/crypto/new/Gaming) [#Revolution](/crypto/new/Revolution) will soon surprise the world with the DeFi... Gamers Plays a big roll in [#techWorld](/crypto/new/techWorld) ...

Im gonna do the first letsplay