Wall Street Journal's Alexander Osipovich observes the trends and tragedies of the turbulent segment of decentralized finances (DeFis) in a detailed review. Greater risks, greater yieldsThe article released on July 17, 2021, covers the most popular ways to benefit from the activity in decentralized financial protocols (DeFis). https://t.co/xWShOhoPcm — The Wall Street Journal (@WSJ) July 18, 2021As per the text, investors are attracted by unparalleled APY rates offered by the majority of DeFi protocols. Investing digital assets in DeFis poses huge risks to all crypto enthusiasts involved as DeFi protocols only exist on-chain. Meanwhile, DeFi proponents disagree with some of WSJ's messages about the risks and transparency of decentralized protocols.

Source: Wall Street Journal July 18, 2021 14:15 UTC