DeFi lending's making a comeback faster than I expected. But here's what's bugging me—how exactly is this wave different from the Luna disaster, or the Celsius and BlockFi implosions we saw before?



The real question: where's the yield actually generated? Is this sustainable revenue, or just another leveraged house of cards propped up by some "top-tier crypto fund" passing risks around in circles?

Fool me once, shame on you. Fool me twice...
LUNA-2.69%
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ProbablyNothingvip
· 12-12 13:40
History will always repeat itself
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RetailTherapistvip
· 12-12 01:38
历史总会重演
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LiquidationTherapistvip
· 12-10 08:22
It also depends on the entry point of liquidation
View OriginalReply0
P2ENotWorkingvip
· 12-09 16:50
Old bottles can't hold new wine
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BTCBeliefStationvip
· 12-09 16:49
History is always in cycles.
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DogeBachelorvip
· 12-09 16:48
Be careful not to fall into the pit.
View OriginalReply0
LiquidityWhisperervip
· 12-09 16:46
Do not repeat the same mistake.
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GasFeeSurvivorvip
· 12-09 16:37
History will always repeat itself
View OriginalReply0
MEVHunterBearishvip
· 12-09 16:28
Greed never goes out of style.
View OriginalReply0
ZKProofstervip
· 12-09 16:22
The gameplay is still the same old routine.
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