Recently, the hype around DeFi has decreased significantly, which has led to the loss of popularity of some applications. Among them was a project for a farm - Yam Finance.

The price of the token has fallen from $6 to $0.17 and the decline is still observed. This gives reason to talk about a bear market. The future of Yam Finance is in doubt, as many holders do not see development prospects in it.

According to one of the active participants in the system, the developers allocate $30,000 from the reserves to promote the project each month, but the situation does not change for the better.

It is possible that the closure of the project will be supported by most of the community. In this case, the available assets will be divided among token holders, and the rest will go to charity.

However, not everyone took the side of closing Yam Finance. The camp of opponents, led by the main holder of tokens under the nickname Feddas, reacted sharply to this proposal. They insist on giving the developers a chance to get the project back up and running. Also, they believe that this whole situation is a necessary step that can lead to better performance in the future.

Earlier it was noted that Yam Finance has a high level of security, as the team was able to prevent an attack by an attacker.