I'm honestly getting lost in all those yfi/yearn scam variations. They all have very similar name, just changing or adding a word and that's it. I guess that's scammers goal, to make them so similar to each other that people can't recognize anymore which one is legit and which one is scam. Even though there is no much difference between those.
That's exactly why I created the DeFi scam list (DeFi-Scams - Big All-In-One-Thread - LAST UPDATE: 19/10/2020). Even if we're only able to detect a fraction of all DeFi scams out there, inexperienced users will get an idea how many DeFi scams and fakes are out there. And even if a certain project isn't a classic scam people will be more careful before investing their BTC.
If we want to protect inexperienced users from the dangers of the DeFi space, it's all about information. Only if people know that at least 98% of all projects in that space are classic scams, HYIPs or ponzis they won't fall for everything bullsh*t these scam developers are promising to them.
Can't wait for all this hype to pass, but I'm afraid consequences will be even worse than that ICO hype back in 2017/2018.
I wouldn't be so sure about this. Right now, the DeFi space is still comparably small, but you are right: If the hype continues inevitably more people will fall for new DeFi scams.
