I Put $10,000 Into the Riskiest DeFi I Could Find for 24 Hours; Here’s What Happened
A couple of days ago I went down the rabbit hole of recursive lending and extreme liquidity farming on Polygon. My step-by-step article generated some interesting discussion on r/defi, and a few folks asked me for an update.
Before diving in, I have to give a caveat that I didn’t take careful notes the first time I did this, so the numbers below are from a second experiment I made where I isolated everything and took care to keep the numbers clean. I also skipped the lower-yield interest…