Yield farmers make 500% returns but most can’t read smart contracts

A CoinGecko survey has found that the majority of yield farmers do not understand the smart contracts underpinning the DeFi protocols they use.
The majority of yield farmers do not understand how to read the potentially risky smart contracts that underpin the decentralized finance ( DeFi ) ecosystem — but that hasn’t stopped them making huge profits.
Crypto market data aggregator CoinGecko has published its findings from a survey of 1,347 of its users about yield farming, finding that 93% of res…

Original Source