RE: My thoughts on yield farming and BAT pump
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BAT is giving insane COMP yield + interest. If I get 100% APY, I'll buy more BAT from the market and lock in DeFi. Such a yield is not sustainable. Most probably, another token will be picked next for pumping. Extremely suspicious and abnormal. These will be short term pump-dump.
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You are right... and what do you think what will happen when some of those coins start to go up... :) From my point of view, that could trigger a big FOMO, and with a bit normal APY, maybe a new altcoin season... but, we will see...
This is just a beginning...