Weekly Staking and Yield Farming Review — 12th February 2022

Weekly Staking and Yield Farming Review

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This week saw BlockFi, the popular savings and crypto backed loan provider, settle with the SEC for $100 million. This is a clear sign that platforms without the appropriate licenses operating in the DeFi space and targeting US investors will be on the SEC’s radar.

It was also clear from recent soundings from the SEC that they consider most platforms to have some element of centralization which means they will be targeting platforms through founders and or developers.

This isn’t new. We have been talking about this for some time. The only difference is the screws are now turning. Investors however shouldn’t be too concerned as long as they are not tying up their capital for long periods and are only using risk capital. Being fleet footed is key here. If you…