• Tezos co-founder Kathleen Breitman isn’t a fan of DeFi yield farming.
  • In an interview with Insider, she said it will “age like milk.”
  • Breitman also shared her thoughts on the role digital assets will play going forward.

Proponents of Ethereum-based decentralized finance (DeFi) often list the attractive yields users can rake in by lending out their cryptocurrencies as one of its selling points.

Compared to the outlook for returns currently available in many areas of traditional finance, DeFi offers investors an opportunity for meaningful yield, even if that yield comes in the form of the same hyper-volatile cryptocurrency users lend out. Yield farming protocols to automatically identify where the best opportunities are in the space on any given day have gained more popularity recently.

But yield farming isn’t quite Kathleen Breitman’s thing. That’s perhaps a surprise considering she co-founded the cryptocurrency Tezos (XTZ), and likes to point out that she considers it to be even more decentralized than Ethereum because it allows token-holders to propose and ratify changes to its network.

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