Memories are proving to be extremely short in the <-bsp-bb-link state=”{“bbHref”:”bbg://screens/CRYP”,”_id”:”0000018b-b0c9-d992-a1df-b4ffa1cd0000″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>crypto-bsp-bb-link> world, with returns of 70% and higher being offered once again by trading platforms through the re-emergence of the investment strategy known as <-bsp-bb-link state=”{“bbDocId”:”QZ4V56DWRGG2″,”_id”:”0000018b-b0c9-d992-a1df-b4ffa1cd0001″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>yield farming-bsp-bb-link>.
Less than 18 months after the collapse of the <-bsp-bb-link state=”{“bbDocId”:”RTNYOXT0G1KX”,”_id”:”0000018b-b0c9-d992-a1df-b4ffa1cf0000″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>Terra-bsp-bb-link> algorithmic stablecoin project that triggered an industry-wide meltdown, exchanges ranging from GMX to <-bsp-bb-link state=”{“bbHref”:”bbg://securities/1624796D%20CH%20Equity”,”_id”:”0000018b-b0c9-d992-a1df-b4ffa1cf0001″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>Binance-bsp-bb-link> are offering double-digit incentives as a way to jumpstart trading activity after months of stagnation. Terra, once the most ambitious experiment in <-bsp-bb-link state=”{“bbHref”:”bbg://news/topics/DEFI”,”_id”:”0000018b-b0c9-d992-a1df-b4ffa1cf0002″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>DeFi,-bsp-bb-link> had promised nearly 20% returns to investors who deposited funds in its protocol.
“It’s always gonna …