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Yield Illusions
Entry #0912
The reason a farm’s rate falls the moment it is found
A high farm rate is a reward divided among depositors, so the moment a crowd discovers it and piles in, the same reward splits more ways and the rate falls.
Adept
The hidden part
#0912
A farm’s high rate means few have found it yet. Finding it is what ends it; the crowd dilutes the rate it chased.