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RE: HIGH APY - does it make you EXCITED or discourage you from investing in DeFi Projects
Greetings, actually nowadays many investors only think about investing and making profits in the short term without evaluating how good the project can be, the high APY only capture those short term investors that in a month or less they get everything and the project falls down hurting the smaller investors.
I think it is very important to invest in DeFi projects that are more long term with long returns, as time has shown that they are the most durable projects.