Alameda’s biggest profit comes from DeFi liquidity mining

Odaily X user Wazz posted that Alameda’s biggest profit comes from DeFi liquidity mining. Wazz said that SBF mentioned in interviews in 2021 that 80% of Alamedas resources will be redirected to revenue farms because it is an easy way to make money. Alameda poured $5 billion into DeFi liquidity mining with absolutely no due diligence and just hastily authorized those pool2 contracts. Alameda can earn 2-4 million US dollars every time Binance Launchpad is released, and there are also 3 million DYDX rewards every day.