Can you make a living with DeFi?

Could you elaborate on the feasibility of earning a sustainable income through decentralized finance, or DeFi? I'm particularly interested in understanding the potential risks and rewards associated with this emerging financial landscape. Are there specific strategies or platforms that have proven successful for individuals seeking to make a living from DeFi? Moreover, what skills or qualifications would be required to effectively navigate the world of decentralized financial instruments and opportunities? Additionally, are there any red flags or warning signs that one should be aware of before diving into this potentially lucrative yet complex field?