The curious case of Harvest Finance, Oct. 21-28 By Cointelegraph


Finance Redefined: The curious case of Harvest Finance, Oct. 21-28

We were graced with one more typical “degen yield farm” popping in and out of relevance this week.

Harvest Finance collected as much as $1 billion in total value locked before an “economic exploit” sent it tumbling down. Its value locked measure now hovering around $300 million and prospects for a recovery looking bleak.

This sequence is dizzying, and it still omits many steps.