YFI in Cream Finance (Worries)

[LapisLime]

A similar concern was raised a few days ago:

How to avoid systemic risk from platforms like YAM, while increasing YFI value

The whirlwind events of the past 24 hours should be a wakeup call to everyone who cares about the long-term security of yearn. YAM is not going to be a one-off phenomenon. There will be more and more projects competing to attract stakers for the purpose of executing “fair launches,” but it could end very abruptly with a devastating theft or smart contract error. This could leave a significant chunk of the YFI supply in a blackhole, or even worse, in unscrupulous hands. What then? At one poi…