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A lot of people are predicting that the DeFi space will be the catalyst of the next bull run, projects like Maker and Compound have been hugely successful recently and many DeFi projects have performed brilliantly in the bear market.

Name the projects you're excited about in the DeFi space and why you think they will be big..

I'll start with an ICO I've recently invested in called Bidao. BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup. In the beginning, BiDao will be completely integrated with the Binance Blockchain and BNB will be used as the collateral. In the future other Blockchains will also be integrated into the BiDao ecosystem.

They are founded by Bastian Aigner who is young guy with a solid tech background and strong education. He reminds me a bit of Vitalik, some people are so smart it's like they are operating on a different level to everyone else and he is like that.

Compound DeFi projects blown me away unexpectedly, who would have thought that DeFi will be this big? Well it's never too late, I still find it hard to believe that DeFi can trigger the next bullrun though but in time we will know for sure, it seems investors have more interest in decentralized Finance projects and that's a good thing

Equilibrium (https://equilibrium.io/) is a quite promising project. It supports EOS & BTC collateralization, has a negative loan APR and a 130% min collateralization ratio. Recently, they released a new staking pool for EOS and EOSDT stablecoin with high APY.

Just be careful because very soon scammers will try to build fake DeFi projects to lure investors since investors have interest in DeFi projects like many claimed, remember what happened when ICO entered crypto space? Same thing will be repeated, you've been warned

Definitely, with what Defi is showing, I believe that scammer will quickly create projects to enter this market to steal investors' money. Always research carefully before investing in any new project in this market

Compound (COMP) now tops MakerDAO, the project now has the highest value staked in DEFi, its an ERC-20 asset that powers the community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on changes to the protocol.

Oikos DeFi project is the next DeFi project I'm working on right now, it looks good enough and for the fact that it's the first DeFi project on Tron network, Oikos is a Tron based synthetic asset platform that provides on-chain exposure to fiat currencies, commodities, stocks, and indices. https://oikos.cash/

I'm only excited with the bull run but not with DeFi as I still don't understand most of them. If that's what most people you surround says that they'll be the ones fueling the next bull run, why not? But IMO, the one that will be triggering the bull run is bitcoin itself. Just go with the few years back of the market, every after of the halving there's a movement like that. Some say it won't work the same way but I do believe that it will still be the same this time.

What bullrun are you referring to friend?? I don't see any bullrun sign in present market and I believe that last Bitcoin bullrun was easily triggered because of ICO, that year 2017 many money came into crypto space through ICO that's why I think DeFi may do the same this time around but who knows?

Defi projects are being copied and being improved so you just need to be really careful in choosing which is which, sometimes, they are using it to gain more for dump and pump. Have you seen what is happening in Dex right now? it might be a trigger for a bullrun however many people especially newbies will suffer from it.

Your points are very confusing, it's true that there will be many copycat DeFi projects soon but what do you mean about Dex? How will dex trigger a bullrun and how will newbies suffers from this? Doesn't make sense to me, for new bullrun to take place huge money must be driven into crypto, DeFi has the chance but not that big

We will see what will be happening with the compound. I bet there will be so many new projects that will be copying the idea that has already used by the compound. Defi has a lot of potentials but it needs a lot of exploration.

The way to warn is not to be in such a hurry, just relax, because investors now are no longer stupid like in the past, they will always make checks on new projects, both DeFi and non-DeFi, even though they really like the DeFi project does not mean they will not check it first.

Not all investors mister, what about new crypto investors? Every week new waves of newbies find their ways to crypto space and they have zero experience about new projects, even if they decide to do some research first they aren't as smart as those who are already on here

If you read the post of OP, you'll understand about the bull run thing that I've said. I'm not saying that there's a bull run this time and I said that I'm basically excited with that.
But didn't said that there's a bull run at the present time. We don't know if this time it will be the DeFi's fault and all of those don't know what's going to happen next.

Correct, and remember that for a bull run to happen, it should start with bitcoin first and then wait for the effect on the altcoin market. And I don't think that Defi will be the catalyst for a altcoin bull run though, because we should have seen the market recovered if we are going to base on Defi's hype in the last three months or so, but nothing has change, it is still hype, sorry to burst the bubble for altcoin investors.

Do not relax too much on DeFi projects, not all of them will be that good, remember that project team is the main reason why projects succeed or fail, every team behind every DeFi projects will be different, be smart and do your own research

Verus is going to revolutionize decentralized finance(DeFi) as we know it.


Just as Bitcoin started out, as an open-source, fair launched, no ICO, or pre-mined, or even dev funded project.


Put simply, Verus is much more than any single ordinary blockchain; more of an entire ecosystem of interconnected blockchains that all operate decentralized and at the protocol level.


You will have the ability to be merge mine and stake up to 22x at once!


Interoperability


Fractional reserve capabilities


Cross-chain transaction


Onchain Conversions


Amazingly, everything is done at the protocol level on a decentralized network, Verus.


If that's not enough there's alot more!


VerusID

VerusIDs are true self-sovereign identities and aren't simply an ID system as much as a fully functional blockchain protocol. There is no business in the protocol, but plenty of opportunity for those who use what it can do for identity applications. Verus ID provides:

Quantum ready

Fully decentralized

Revocable

Recoverable

Private

A Built-in Decentralized Referral Program, Enabling Natural Growth.

Verus IDs will cost Verus to acquire, 100 Verus per ID to be exact, which can be discounted to 80 Verus with referral of an existing Verus ID. The interesting twist is that all of the cost of an ID goes back into the network, either as referral fees, which are a way to get discounts or possibly even make money through referrals and built into the identity transactions themselves, or as mining and staking fees. No one besides people participating in the network as miners, stakers, or ID referrers take any proceeds from the cost of an identity. If you refer someone new and they purchase an ID with your ID as a referral, they will receive a 20% discount on the ID. In addition:

You will receive 20 Verus directly
The person who referred you, if there is one, will receive 20 Verus
The person who referred person b, if there is one, will receive 20 Verus, and
The miner or staker will receive the remainder of the discounted 80 Verus cost
As you might expect from looking at the fact that anywhere from 20 to 100 Verus goes to miners and stakers of Verus for each new identity once identities hit mainnet, some Verus blocks may have VERY high rewards for some time. The best thing about that is that regardless of how much the Verus blockchain rewards miners over and above the pre-determined coinbase reward, it will be as a result of the on-chain economy, paid for by people buying identities with no inflation of the money supply! If you or your friends missed the early days of the Verus launch, you don't want to miss this new opportunity to be mining, staking or referring now Verus IDs are activated on the mainnet!.

https://i.imgur.com/EMszbJK.png



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Decentralized Finance makes lotta sense and I'm 100% sure that new projects will start using DeFi as their use case from now henceforth, the problem is not all DeFi projects will have real aims, some will come in a sheep's clothing to take advantage of investors, I'm not against DeFi I'm just warning people not to get caught in DeFi projects FOMO

If you're interested in DEFI, start at this site:
https://defimarketcap.io/
This is an analogue of coinmarketcap with all the necessary links to projects.

If you miss the JUST Defi project, you can look at Oikos Defi. It is another Defi project built on Tron network. Among the main features, we can mention that the platform focus on synthetic assets, these assets are 750% collateralized to prevent the disaster in a fluctuating market.

The last bull run started with bitcoin and after its turn, the time for alts bull run goes. We're expecting that it will repeat the same thing for this or next year. The ICOs greatly contributed to the crypto bull run and if these defis are for real going to contribute the same as the ICOs, we might see the bull run. But even without it, the bull run is expected to come as bitcoins being mined are becoming rare and rewards for them are halve so that makes sense that bull run is imminent.

Do not overestimate this project, they have gradually lost their reputation as they continuously extended the bounty time. Most projects like that fail in the future so be careful when investing in it

have you checked what is happening example in Uniswap? PnD all over the place and since it is hyped because of easy 10x or even more on some projects, it will attract new players/traders but yet since it is a trend as I said, it can attract new people so meaning to say, more money will go in.

The managers have been creating a new policy that gives a win win solution to either developers and hunters. You are blatantly saying the thing that you didn't know about and I guess you should visit the bounty group. Im also using oikos exchange right now and I know what they are doing now.

It looks to me that you are shill-ing this BiDao thing. I did a Google search on it and it seems everyone is hyping it or something. Anyways, I think it's just the way they market different projects.

It seems that the guys involved in the project are good with what they are doing and I watched the CTO present in TEDx and it's a great presentation as well. He said that there are things that we need to impart to make the blockchain trustless. Something in that sense.

With a guy like that background, 3x Apple Scholar, it seems he has it all already. Good job for him.

I'm surprised that binance already listed COMP on its exchange, that's not something I was expecting very soon, I don't know if COMP is the first DeFi project to get listed on binance, I expect more pump from this token, hours ago the token recovers to 220+, now it will pump more

Oikos bounty campaign issue have been resolved by the team member already, the fact is the bounty manager don't know how things works in crypto haven, right now they have decide to distribute the first round to bounty participants before starting a second round.

Investors will need to protect themselves when looking for new DeFi projects to invest on, JUST is a good and reliable DeFi project, another good one is COMP but do not expect all DeFi projects to be real, very soon scammers will start taking advantage of you, DYOR

thats good and thats the best thing they must do before they proceed on thier other plans so that people wont complain about them and damage thier reputation more badly  . why whats the issue all about and why the bounty manager cant resolved it  ?  how can he call him self a bounty manager and how can he got hired if he dont know how stuffs work on cryptos   ? is he deperate enough to earn money  . also its the team fault because they dont research the background of this manager   .

I too think that DeFi is going be the catalyst for the next mega bull run on crypto market 'coz ever since COMP price jump there's huge FOMO around DeFi projects IMO.

DeFi will be one of bull run influencers, if we see bull run, it will not be the only one, but DeFi projects could see better growth than other projects, of course we can not expect that all DeFi projects will going to rise, good ones should be expected, COMP is a good example for that

The crypto industry has overwhelmed again with the hype that created by those so-called Defi or Decentralized Finance crazed, I think it has no difference at all because it was, all the same, its cryptocurrency that promotes a decentralized finance option, marketplace, etc. so what was the difference all of that function such as lending, financing, etc have already existed in the market offered by several crypto platforms so why it needs for rebranding I'm still doubting about it. and still exploring about Defi.

It's possible that DeFi can open door to the next big bullrun and that depends on investors, I believe demand percentage must rise to a certain point before bullrun can happen, big money needs to be invested in crypto for bull run to start

Cool. Thanks. I have no idea there is so much of it. The website didn't list which platform these Defi companies were standing on whether they are in ETH or to others.
There is one on TRON network which is the DJED I'm not however very knowledgeable about the project but there was a time when Justin Sun mentioned the project. The only that we see in TRON today is the Oikos Cash.

The project I'm presently excited about is oikos project, this is my first DeFi project in 2020, the token price is already increasing, the project is running on Tron network and now it costs 2.5 Tron per one OKS token, I believe that DeFi projects will break some records and this is just the beginning

Well it is true that Defi is making waves and the one that got my attention is Compound which was massive, also heard news they are listing on another exchange, don't know how true it is. The thing I can grab from the recent growth associated with Defi projects is that, the idea and hype within Defi is still fresh and as such it won't take time for scammers to start coming up with their own so as to steal from investors. Therefore my humble opinion is, no matter the type of projects hiding under the umbrella of Defi, let's endeavour to research on them appropriately where there are good ones, bad ones will still one day surface.

Maybe in a few months there will be Defi running on Stellar network or others. there are many people who talk about DeFi. Who knows, this is the year of the DeFi project

I genuinely believe that DeFi projects can start the new bullrun this year if more interest are build around DeFi projects more than now, it's like how ICO started it's hype in 2017

Thanks for sharing this site.

I read with interest all the comments by different users related to potential of DeFi (or the lack of it). There is no doubt, DeFi is an interesting space and moreover there is lot of hype around it now-a-days. Sometimes this hype is necessary to pull up any space. Weather it leads to bull run in the entire crypto space because of it, is an entirely different subject but I personally do not believe it will happen. Things have become vastly different then from late 2017 and investor have become intelligent after losing money during that time. Do your research, chose the right projects and it should give you good returns. When there is hype around a certain space like in DeFi currently, then if prices starts rising up, tokens in that space where the hype is, tend to give good returns. During those time, even if there is nothing fundamentally good in a project, what is the harm in making some money. As they say - go with the flow...

It's really impressive how DeFi projects have huge volumes and market caps, it shows that big investors have interest in decentralized Finance more than other crypto currencies, no wonder MakerDAO has that huge value

I will recommend 1 resource to you
https://thedefiant.substack.com/
A free version is enough for familiarization.
But I recommend that you be very careful when using smart contracts, because there will be no one to complain to.
Better to invest in tokens of promising projects

DeFi is a new trend in crypto but it is risky for newbies who are greedy enough to fall in scam Defi projects but don't have enough knowledge and mental control to minimize their losses.

Overview on DeFi - a new hot trend in crypto (https://bitcointalk.org/index.php?topic=5256820.0)

For now indeed a Compound DeFi project is very promising and I do not expect to bounce in when other projects are in turmoil, and we hope there are no scamer who want to ruin the quality of DeFi project because we can see every good project Scamer always want to take chances to cheat investors and this is very concerned and we hope this does not happen in the project DeFi.

I am really interested in Makerdao, since I recently found out about this project i watched a lot of Youtube videos to get more information about DAO projcets. Antoher upoming Defi projecct is from a former member of the founder team of TenX

Have you heard that Beam is going to hard fork the network and create a new feature that will allow creating Defi on this anonymous blockchain solution? For the first time in history, we would have really anonymous decentralized finances?  ;)

I am not ready to believe into some altcoins nor tokens just for the reason of categorized as decentralized financial projects. The project you have mentioned sound like another stablecoin with BNB as back up and on BNB blockchain. Then how it will ensure trusless environment, already the smart contract is being owned by one dev or group of people? These defi are something fancy terms to lure investors and nothing more in my eyes.

By 2015, people like you were too excited about colored coins which is running on top of existing blockchains and then they were all gone when ICO hype enters this space. Then people started showing on running masternode when ICO turned as heaven of scammers. Masternode's era ended by IEOs and within IEO, some devs are trying tp create hype in the name of defi, STO and with many other cosmetic coated terms.

Everything will come and go and if you are lucky and ready to take risk then you may get chances to crack some profits in between times. Do not expect them to transform your entire life.

They should do something about there weak security, if this is going to be the next big thing in crypto then they should not be this clumsy with security which should be at the top priority, according to the article, this is not the first time Defi platform is vulnerable to hackers, I don't suppose they will earn the trust of investors with this kind of attacks.

https://cryptonews.com/news/defi-loses-usd-140m-in-a-few-hours-as-bzx-suffers-another-ex-5810.htm
This happened 4 months ago. The developers have long made the right conclusions.
It is impossible to make an ideal decentralized system in a short time. Much more money was stolen from cryptocurrency exchanges, and nevertheless we use them

DeFi seems to be the next thing indeed, but we should tread carefully and do serious research on new projects, because the smart contracts need to have zero vulnerabilities to prevent hacks and the teams need to be reliable.
Imo, in the incoming DeFi bubble most money will be made with small projects that nobody knows about until they reach a mainstream status. Things like XIO, JRT, RAISE and a bunch of other lowcap DeFi projects I guess, but you have to DYOR very well to avoid the obvious scams and the not so obvious ones, cuz right now I bet theres a new DeFi token launched almost everyday, and many of them will fail :P

Many investors had seen what collateral DAI could do in trading if its going to be in the exchanges paired with BTC this at least will have to be really stable and will not be controlled by the tether or any entity who created the stablecoins.  Defi Lending would be deployed in the Margin trading?  This will be a good way to make money.

They have already started to move one from the centralized finance to the decentralized finance as it was offering a better chance for them to get various advantages from the platform that has already created by the developers
The real journey if Defi is starting from here.

I did not learn about Defi, but I am sure many investors have mentioned this investment trend over the past few months. I don't feel interested in Defi because such projects will soon be forgotten, so in general don't rush to invest if you don't already understand. In addition, many MLM projects use Defi, so before you do anything, you need to consider carefully.

Hi guys, we have created a repository of knowledge about DeFi: https://defiwiki.org/ with my friends. Feel free to register there and add information about your favorite DeFi project there!

Not really. There are still Defi projects that are promising and successful like Algorand. I don't know if you heard of it because it keeps the Blockchain Trilemma such as security, scalability, and decentralization for a lifetime, and can be safer than traditional financial systems and give the best solution for Defi.

High profits, high risk. It is probably obvious that the projects still have a lot of bugs and the risk of loss should be considered by everyone.
https://cointelegraph.com/news/defi-protocol-balancer-hacked-through-exploit-it-seemingly-knew-about

Totally correct. I composed the thread Overview on DeFi - a new hot trend in crypto (https://bitcointalk.org/index.php?topic=5256820.0). I gave readers a strong warning message like this.
I don't know of the color coins you said but from trends I have known of, I don't believe in anything that is technically said too good to be true. Trends come and go and there are not too many projects of each trend can actually survive and grow through all market challenges. Even if their developers are not scammers, there is nothing can guarentee about the success of those projects are born in trends.

That's right, the bigger the project and of course the big ones that mimic it, especially scammers, they try to mimic the fever trends of the DeFi project, we have to be careful of scammers who make fake defi projects, don't let scammers like ICO reoccur

Defi is just a name and most new projects are abusing this to introduce. I think the next few months Defi projects will be very risky and you need to consider more before deciding. I am not interested in Defi projects but will occasionally join some existing projects at major exchanges. The safest way to invest is to choose only IEO projects at high liquidity exchanges because you will surely make a lot of profit.

I'm starting to have positive feeling about DeFi projects because their use cases aren't really new, DeFi projects have been in this space for a while and suddenly they become investors favourite, right now I'm looking for new DeFi projects that I can buy cheap unlike COMP that's now too high

I'm looking at DIA, a new DeFi project which is a verified, transparent market data for digital and traditional assets, kinda fresh and new, I know some scammers will try to take over the HYPe surrounding DeFi presently but this DIA have been in existence since 2018, that's a good catch

There must be a very strong indicator to determine which is a scam project. This is really needed to make the newcomers and newbies can try to avoid the scam defi. defi is getting hyped right now and so many trusted defi platforms have been getting a lot of valuation.

Sorry, I can not find anything about DIA? I have only found Diacoin but that has nothing to do with Decentralized Finance.
Do you mean DAI, don't you?

Hi, im new with OIKOS
anybody could advice how to buy this coin and safe keeping
appreciate for the advice

for how long we don't know, indeed, now the de-fi project is experiencing extraordinary hype, the enthusiasm of investors to invest in new de fi projects is very high, and they are confident or assume that the project will succeed.
the question is how long does this last?
at least a really good project will survive, and one that only relies on hype de fi won't last long.

Decentralized Finance is a next big thing in a blockchain, it extends the use of blockchain from ordinary transactions to complex financial ecosystem. Thanks to DeFi you can build many financial derivates and maybe one day, it will completely replace banks, stocks market,  and even more.

I did try it and invested some of my TRX there while I joined the first signature campaign they have. I still have the OKS never sold them. The minter works but it gets congested sometimes. The dev team said its because of the TRON grid, its very timely since the time TRON upgrades to TRON4. 

Oikos platform is more like Bidao like OP describes, you synthetic assets I guess will bring crypto to another level.

It doesn't matter how long it lasts, it matters how much we can make before the hyip is over, as usual.

Yea it's about making profits out of DeFi projects, honestly most new crypto projects are based on hype and it you aren't smart enough while the hypes are still alive you may get crushed and loss out, I'm more interested in what profits I can earn from DeFi projects only

Yes, that is the way how it should be.  ;D
But Okay, let us get down to business then.  Which Defi Projects would you or anyone else suggest for huge gaining?

True, it is quite difficult for new investors, but if they smart, they will not become investors without knowledge in their field. And we can see from a number of things that are easy to choose a project, choose who has partners, famous investors. You can glance at "DIA" project, see my signature.

if we look at the current trend in the cryptocurrency market, we will see that the cryptocurrency community is very interested in Defi projects. I'm sure that the time has come for the decentralization which we have been waiting for

That's one of my favourite defi project am looking after and hope to see good team developers to move the project forwards. This project  with the team make me remember some good projects back in 2017. Although, those who choose to make their investment with them should do that with care.

Thank you for your information. I first knew the name of this project and was quite impressed with their big partners like Tronx or Chainlink, Binance. And I'm even more surprised to see so many other bluechip projects tweeting about Bidao very well, maybe I'll have to keep an eye on it in the near future.

Even if BiDAO is a DeFI project and you see many DeFi projects making wakes amidst market instability, that should not stop you from doing your own research before investing. Just as much as I am now a fan of DeFi projects, I still conduct my own personal findings and make sure I am for what is right.

I believe in the future of DeFi projects, all DeFi project are currently doing well, was very suprised with the success of Bzrz, this project made people a millionaire, alot of bounty hunters cashout big, oks is doing well, learnt snx too is also DeFi project and is currently doing well. Defi will go a very long way.

no denying of  Defi hype projects, its the one that will likely make cryptcurrency bloom amidst the pandemic. one project that's been full of controversy because Justin Sun himself fud about it was Oikos.cash and just today its officially on CMC https://coinmarketcap.com/currencies/oikos/

anyone can stake OKS and mint sUSD to get rewards. price starts to climb once again!

Nowadays "Defi project" means a hit project. Already some defi project prove their ability, impress everyone with their unique idea. But be careful about those scammer, using defi's name to fruad people

however, the same project concept will be more and more. they will emulate successful projects and gain the interest of large investors. the more projects the same, the more likely they are scammers.

It seems DEFI projects are the talk of the town now but people need to watch out now for scams, remember when smart contract was a thing in 2017/2018 most of them delivered nothing of value and some that do no one is using it. DEFI space is going to be a winner takes all space and all the remaining ones would just die off

I believe DeFi projects will definitely act as a stimulant for the next bull run and massive peak for Ethereum because everyday more and more Ethereum is being locked in DeFi projects through smart contracts this scenario is identical to last time ico rush where more and more eth was held in icos and this time i am expecting even bigger impact and also co-relate it with eth 2.0 and pos activation we can expect bulls from every corner for eth.

well i have not actually participated in the Defi projects but one thing seems to be sure scammer are watching and waiting to move in and deal with investors same way they did in 2017 when we rushed to invest in different ICOs.
  i remember  how i and my Friends wouldn't miss one ICO  and different forms of scam projects were later introduced. while we  made some money from the few good ICOs the scam ICOs later took all  from us. As you invest in Defi projects be watchful.

This has always happened with new ways of life regarding cryptocurrency. When the ICOs came the market were move and millions of investors went into the industry, this was as a result of the hype be created back in 2017. The IEOs came and the market went smooth, but later turned into a mess with many investors be scammed. Likewise the defi, we should be wary about this system because it future maybe liken to that of the ICOs, IEOs among others. Scammers will eventually get into this system and feasts on newborn investors.

What will kill Defi is soon coming if care isn't taking because scam projects are revolving with Defi idea. Now no one can easily predict the best which us actually the issue with crypto. Many have good mind about their project growth through Defi medium but watch how it will be with some pump and dump projects. Let's do thorough research though.

Scammers will plan to create a Defi project as well to make sure they are going to gain a lot of money through this trend. DEFI can make it easy for them because basically an investors will just send ETH and they get the Defi tokens meant to stake. But this could be tricky for them since all are smartcontract, they will now have to hire programmers to make all this work.

Even defi projects still utilizing smart contracts. Most of the projects are still using ethereum network to launch their protocol, I think no one aside from kava that focus on defi that using a nonerc20 blockchain protocol. Tron, eos, klay are all smart contract and some of them deployed already countless defi platform on the community. But still, ethereum hodls the number of highest defi developers out there.

Scammers are surr to tapped onto defi but people are wise to know if they are really a defi or fake one.

It is true that Defi projects has made massive hype for some days now which is good in a kind of way as it has brought about attention from many people. It is also true that some Defi have good use case they are working on but yet it is wise to go down memory lane a bit, back to the days of ICO. That is, just like in ICOs where scammers took over and scamming was too much, same thing will most likely happen with Defi, so as we all ride on the Defi hype let's be careful so that we don't enrich scammers again.

Defi is hyped and if you are an investor then Defi is best to quickly gain good profit. There have been a lot of scams lately in this sphere and it is always advised to research before investing. For me these 5 Defi tokens (http://"https://cointikka.com/top-5-defi-tokens-with-highest-roi/") are the best investment opportunity.

Scammers are already "pulling their strings" per say, so many new scam tokens from baseless projects all in the name of DEFI and listing on uniswap. Some even won't list officially on uniswap, no etherscan offcial details yet gullible investors will buy in. Some scam at presale/private sale and delete their telegram groups, then launch new scam projects. We just need to be wise and not invest foolishly in new DEFI projects.

Tq for your info, had bought some yesterday from MXC.

https//cointikka.com/top-5-defi-tokens-with-highest-roi/

Thats the link where it goes. It lists AAVE, KYBER, BANCOR, ELROND and SYNTHETIX

We can always say it hype after all we all want the price to dip all the time. But whatever how you wanna look at it, their prices are rising including the ones from other platforms. The popular one is the Synthetix due to traders can play leverage trading without submitting KYC this is a big plus.

Everyone is talking about DeFi projects right now, the hype keeps climbing up, I will just like to advice newbies to be smart, sooner or later scammers will target DeFi use case, they will try to build new fake DeFi projects

BiDao sounds interesting and I will definitely check it out later, thanks for sharing, DeFi projects isn't just about the HYPE, I believe they are better than what we've seen ICO did, decentralized finance works that's why they are doing well today, they aren't new use case

Well, that is very interesting for sure and the possibility of earning high rates of passive income through lending money on these platforms amazes almost everyone, but always a new hype surges and the market rises so fast on a determined currency, project or concept we need to ask if that is happening for real or if it's just a trend that will lead the last investors to a big loss.

Be aware the lending system isn't totally safe:

Another point is: you have to convert your bitcoin into other currency to lend, so you are finishing your bitcoin investment to start a new investment with a new currency, does it worth? If bitcoin hits the bull market meanwhile all your lending profits will be kind of worthless...

I think that not only scammers can be a problem, but also the Defi projects themselves. we do not know yet what kind of problems these projects may face. People should not invest all their money in these projects because now they are popular

DeFi is the new trend and I see a lot of people scrambling for DEFI projects currently due to how lucrative they are and the ability to make people some decent income. However, just like other trends that have come before it, there will be an abuse of the entire process leading to several scams and frauds looking to cash in on the buzz and defraud unsuspecting people. My advice to anyone is to be very mindful of what they invest their money on.

I agree a little about this because I think every new trend, there must be some fake developers or scammers who use this to find personal gain, before investing in DeFi project, I think that needs to be done due diligence first and if you already feel that the project has potential I think investing with money much on DeFi Project doesn't matter.

DeFi projects have been making wave these day. It's like all attention is going to DeFi now and we are enjoying it because everything is for the good of cryptocurrency and blockchain technology. I think I am watching  OIKOS presently, it is actually a new DeFi on From blockchain.

People are so arranged, that they will always seek benefits there, where is increased demand. Since attention is now really focused on DeFi projects and they are growing in price, many scammers create fake projects to make money n it. Also in 2018, new ICOs appeared every day. The only way to protect you is to trade on the exchange with existing DeFi.

I think DeFi projects have been making wave these day.It's like all attention is going to DeFi now.I think investing with money much on DeFi Project doesn't matter.

These days, DeFi platforms are making big waves and because of this we can expect more and more and more and more DeFi oriented projects can be coming our way but by the time these new projects can hit the ground am sure that the DeFi avalanche will already be cooling.

Crypto has always come with surprises almost every year. This year is for DeFi projects and I must say they are big. A lot of interest now on crypto. A project I look forward to is BZRX and Tozex. BZRX listed already and team have been incubating for over 700days. This is big for them

They are already in work, very soon we will start seeing scam DeFi projects, the best way to avoid scam DeFi projects is to do research on when they are built and launched

Defi could indeed be a catalyst that could trigger a next major bull run. There are lots of good projects that are making their way through Defi space like Ferrum, IDEX and BANCOR all those could give us a really good return. BNT already gave me a 150% return. COMP is also a good project but it's really expensive for me.

Try OIKOS, this project is still very new but can already make a profit for investors. You will not regret if you find out about Oikos, I am sure you will be interested.

I only recognized Balancer, Fulcrum, Synthesis, Oikos and COMP presently, I knew keber too, all these projects are old projects of 2018/2019 except oikos project that came out this year, since it's community based DeFi that's why I trust the project, I'm actually waiting for more

OKS new defi project but much reliable project even i like their products management. OKS already received highher investors and traders if you wanna search about oks then i hope you're in more interested. Once both investors already received higher profits in this project OKS, now you can research your own opinion.

DeFi is now a hot topic and many projects are joining DeFi, although there was no hint of it before.

the Defi project is now like a bubble, I think you have to be careful to get into the Defi project,
because not necessarily next year the Defi project will be famous again,

BZRX from bZx Protocol do you mean? It was a fairly long project from 2017, and now they are performing brilliantly, the market is indeed difficult to predict. I as the beginner investor is indeed rather difficult to guess some projects, how their performance going forward, like the current DEFI season.

I think not only defi projects that must be considered and must remain vigilant because several other projects also no one can provide security guarantees when investing in a project at least you have to be more thorough and see who the team of the project being built.

So far two DeFi project has totally awestruck me -OIKOS CASH(OKS) and Compound coin.OIkos coin has run their IEO on 0.01$ and now their price is 0.04$.But due to some misunderstanding with justin sun Oikos price has fallen.But I think oks has great potential.

Another DeFi project Compound  coin.I am very much interested in this project .But DeFi project is very risky.Specially the price of COMP has been ups and downs like a hell.So I am afraid to invest in COMP coin.Becuase some weeks ago its price has increased to 427$ then again goes back to 250$.Its very frightening.Now its trading on 153$.

https://www.google.com/amp/s/cointelegraph.com/news/compound-token-suffers-heavy-losses-but-still-dominates-defi-rankings/amp

These days, DeFi platforms are making big waves and because of this we can expect more and more and more and more DeFi oriented projects can be coming our way but by the time these new projects can hit the ground am sure that the DeFi avalanche will already be cooling.

I really like defi projects if used wisely and with intelligence we can get good profits my favorites are compound, idle, fulcrum, ddex

Defi project is already added on coinbase too like Compound, Maker, Aave, Kybe, Elrond and as far as  Bancor will be supported by coinbase. I have read some articles about it. Things are getting exciting with Defis already now that most of them are rising particularly the Synthetix and Aave on CMC.


I have joined Oikos since it started, it dropped for now, its still on its early phase but it will shoot to moon later.

DeFi is indeed increasingly popular nowadays because of the many problems it can solve. DeFi provides many choices for consumers in the financial sector, can reduce high costs, provide greater liquidity and can provide a safe store of value. So with this many attractive offers, many DeFi projects are successful
https://i.postimg.cc/VLTPz1Lv/defi-sukses.jpg

the rise and fall in prices on the crypto market is normal. If you check the price of OKS has gone up again, you need to remember that the volume of OKS is quite large, besides that the project is also strong.

Well defi project is on the rise now and It seem to me like something that will fade aways very soon. Although they serve serious that east aid is food.

Decentralised finance or DeFi is now becoming the new hottest aspect of what digital currencies can do, and having said that there's so much potential. The space is new and projects are booming, every investor is excited and some worried not to miss out. It really is a space we should be keeping a close eye on, as I agree with others out there who believe DeFi is the finance of the future.

I think any Defi project attracts a lot of investors to join and this is something that people should be more careful because there will certainly be a lot of scam projects that can cost you money. I only invest in Defi projects listed at large exchanges because that is a way to ensure profit when investing and avoid unnecessary risks when participating so be careful and do not rush when invest.

From where do you see this Defi season? If you see from an alternative and effective side, then you are not easy to say that opinion. The system will be even simple. I think, this not just about hype.

Agree! DeFi projects are promising. I think they will have the ability to survive in the cryptocurrency market. The reason is that DeFi project can solve a lot of difficulties and problems of the market. Therefore, it surely will continue to appear. This is not just a hype, not only me but also a lot of people believe in that. DeFi projects show a lot of advantages that we all expect!

Its almost unbelievable to see some Defi tokens keep going up today, I only saw the token dip a bit and continue to rise up again so I'm already thinking when it would be dumped particularly the SNX. I have some of it already I bought when its more than $1.25, I profit more than 100% already. I wanna buyback but it keeps pushing up lol I'm losing the opportunity.

Defi is the Future. Great Platform really iBTC and sBTC will probably be the ones that we'd be trading in the years to come.

Yeah, seeing any coin with DeFi stamp on its archive a good increase around 10-100% is really insane. Although I missed some chance to invest in a few DeFi project when it's still low. The thing is still quite young and lot of chances to be made and profit from it.

I believe defi is the future but on the other hand there is a bubble. For instance, compound token is only for governance but yet it worth a lot, there are some similar tokens with same features. Still, besides the bubble, it is fun to watch, really exciting.

I can see people hyping this project at the moment. I'm in a bitcoin mining block project telegram group. They discuss this DeFi more than our main project and bitcoin. And with what I'm reading here, I think I have to consider an investment into even if it will be just a few bucks.

Alas, I'm starting to see some nonsense DeFi projects, open your eye very well because the race of scam DeFi projects have just began, do good research on DeFi projects before buying their tokens and also invest only small $$$ you can take risks with

It seems people are get interested on IEOs run by Defi projects. Most of defi project IEOs have lots of investors and they raised money due to their brilliant ideas & succesufully compelete token sell. Oikos is one of those recent project and dia data, terra credit, are also in the list of success

Actually the role of IEO in DeFi project is not that big, this year many DeFi projects don't use IEO but they succeed for example FinNexus with their ICTO or OrionProtocol with DYCO,  DiaData also seems to use a new model not IEO for TerraCredit I wouldn't say it will success because in the time of dean the token will split and the rumors are 1 CREDIT : 1 USD makes absolutely no sense to me.

agree, i am always mentioning this fact for COMP, it is only for governance, not related to funds invested in DeFi at all, so value is derived just from hype, do not see any other reason for COMP to rise than hype, and COMP already decreased in value, will see where it will go from this point

Oikos is a very strong project, but I don't understand why an investor's interest has become very low now. I see how quickly they develop their project and I invest money in it myself.

For now all defi project was increasing so hard knowing that this was the new trending for this year all defi coin now is creating a new all time time high which is good and the markets was in the bullish scenario because of it hoping that it will be continue for long run and not just on this year.

 This is actually trending now , people prefer token sales done by DeFi . i just hope scammers wont cease that opportunity in creating a fake DeFi project in order to scam investors. I think the fact that DeFi  is Decentralized makes it better in terms of security of assets.

Before scammers would cease the opportunity, many people would have understand more on how to choose the right DeFi project. Investors are learning fast these days, so also are scammers devsing new and sophisticated ways of stealing money from investors, without delivering anything important. DeFi will surely lead the way to bull run.

When you were coming to the legit project and that will give you a very good product. I should remind you about some defi has already got a lot of demand and users. You can check the latest chart of top DEFI and you will see there will be a million people used it too.
That depends on how good the concept that has already implemented for DEFI

it wouldn't be surprising when some developers will just use the defi to scam. its still cryptocurrency which can easily be made up. i'm suspecting Diadata isn't really a good project.


maybe because of the dumps. many sUSD had been burn but the debts are increasing. it should be profitable for iBTC there in oikos. but because there is a current bounty campaign, there is a chance of dumps after it. or Justin's fud had worked after all.

It is true, Defi projects has tried to bring smiles to most investors while bringing a new level of growth and hype to the crypto space which of course is welcomed by a good number of people. As for the Defi project that caught my attention, it was Compound, heard about it when the price was a coming up didn't pay much interest and then it grew massively while listing on many exchanges within a shortest time. However, irrespective of everything being said about Defi which all looks good but we should be careful because sooner then later scammers will develop theirs, therefore let's always endeavour to make our personal research on any Defi and not being dragged by hype.

Will it really fade away soon? HAve you ever asked yourself why so much interest in DeFi projects these days. See, we are in a decentralized world of crypto and any project that is fully decentralized, allowing participants to also have say and exercise their rights will be well appreciated. DeFi has created that decentralized atmosphere and it will be well supported.

Maker and Compound have cooled off. SNX seems like a good entry point tho atm

Defi projects suddenly come in the market & able to make good hyip. I found defi projects are getting so much reliable and demandful. Around most of defi projects have got successful with a large number of investors and traders. I'm also supporter of defi project

Talking about DeFi, what a shit show the recent Plutus token sale was. Similar to the DMM token sale fiasco. The demand is so high that the infrastructure designed for those type of sales crumbles and gets exploited. Still, I am excited to see what some upcoming DeFi projects will bring to the table, the ones like DeFiPie (people are FUD-ing it at the moment, but I think it could do very well), Mantra DAO, Stafi and some others.

Look around you, it's already happening, DeFi is the reason why crypto is been bullish since few days ago now, through DeFi success big money have entered crypto market and that's the only way the market can reshape to greenish state

Defi has helped the market become more bustling and attract new investors to join this market. I hope it can last long so the market can uptrend and bitcoin can break its ATH this year.

The new DeFi projects are appearing almost every day, so it is really hard to say which one will be as successful as Maker or Compound. As of upcoming DeFi sales, I like DIA.

I also feel it because I saw that when there were rumors of a new project called DeFi, there were many cryptocurrency that experienced an increase in prices so it can be said that this is like FOMO and you should be able to take advantage of this good moment to get a lot of profit.

It does looks like DeFi is making Ethereum surge in price and that's not a bad thing but my worry now is scammers who will take the advantage of DeFi on newbies who don't know how to do research very well on projects, I hope DeFi won't die just like ICO did

DeFi project is very hype now, getting enough profit on some DeFi projects is very easy. but many are only just DeFi and they are a scam. keep careful of the scam project that utilizes DeFi. I also glance a little at BiDao which has a good ecosystem. DYOR

As long as the defi will meet the expectation that has already putted by so many investors and defi will be last forever. Investors need the proper product because they were also looking for the utility from the DEFI. We can take this as the main point why the usefulness of defi will make it becomes last forever.

I agree with you, many scamer use this moment to look for victims.
so you should pay attention before investing in any new defi  projects.
but this is a good opportunity too because all defi projects will get the present moment.

I think DeFi is the future but on the other hand, they are overpriced. I mean lots of defi tokens has only governance features yet they are worth millions of dollars. I think there are some bubble is on the way for defi. Still there are some cool tokens which gather income also gets burns so i am focusing on them.

DeFi is being hyped at this time that financial status of many were not guaranteed. Turning financial system into decentralised is a good move this time of Pandemic, but it might be overused by scammer to create frauds so we better check the projects that are registering in DeFi community to avoid any loss, I just hope DeFi will not be ruined by scammers since it indeed have a potential to help many financial institutions.

I have seen this project, they really do well in project development. They have completed everything and put it into operation, I believe that in the near future Tomochain will grow strongly and become one of the leading altcoins in this market.

I think that will affect the new DeFi project is bitcoin and ethereum, you can also see that ethereum will launch its project soon too so I think it will have a good influence on the price movements of ethereum and bitcoin, it's safer to have both of these coins than any other coin.

Yes, I also believe the recent bullish and rally was thanks to the market finally caught up with the hype surround of DeFi project. When I saw Kucoin and Binance exchange tweet about DeFi then it clearly set a new trend to the public.

I think there is no harm in also investing in a defi project, the most important thing is always be careful before you start investing in a defi project, because there will definitely be a lot of people who commit fraud by making a defi project,

I see a lot of Defi projects emerging recently and among them there are many scam projects that you need to stay away from. I always spend a lot of time researching the Defi project because this type of investment is very similar to an ICO and usually doesn't require users to have KYC. Defi may be a new investment trend, but if the project is not potential, it will be very difficult for you to make a profit.

It will be just a matter of time until the dump follows, AMPL is already down significantly and others will follow. Expecially those with gains of over a few thousand percent within 1-2 weeks will soon feel the impact of the sellers. If there ever was a bubble in cryptos, the current behaviour of DeFi is the best contentder for one.

DeFi projects are currently the talk of the town. I am looking at $LEND. This is a time bomb project you should look at. You can buy from https://changeNow.io if you want best available market prices.

You should be extra careful, as you said DeFi is hyping the public, thats enough to trigger scammers to using this to their advantage in reeling in their investors. Whered you get information of this new project?

Seeing through so many projects building AMM (Automatic Market Maker) liquidity pool like uniswap, Curve and even Balancer trying to overcome the shortage of crypto assets on the platform with different function, it's very interesting to me that Strike Protocol has a Virtual Automatic Market Maker mechanism.

Can we completely solve the liquidity problem on DEX, it's also a difficult thing for many defi projects I think.

Anyone heard Strike before?? It's also backed by Binance, looks promising  8) 8)

I have started to see Defi scam projects in this market, they are taking advantage of this hype to steal investors' money. So be careful with your investment decisions, do your research carefully before you want to invest in it.

yes true, in a few weeks I saw more than one DeFI exit scam, but here on average DeFi scam has a little pattern,first is a token with a low supply,second is a team problem that is not loaded by Scam DeFi, the rest they are an exit scam when the token is hitting the top so if you find a token like this as much as possible don't try to bet on buying it, and hope to sell it when the price is very high.

I really would not put AMPL in the same category with other DeFi hard hitters as it is pretty much an experiment in elastic supply token economics, an experiment that most of AMPL buyers were ignorant of, so the whole thing collapsed pretty quickly. I am not saying that other projects in the DeFi scene cannot follow this rapid collapse, but it is much less likely.

To me the DeFi projects is like a time bomb waiting to explode and many people will be burnt by time, Yes DeFi is doing very well at this time but I just wish that people should not be so greedy and try to cash out when they can't and also be on the look out for scammers that will use the DeFi opportunity to scam people with fake projects

Defi hype , they are some interesting project , not all are scam.
Dyor and be careful.

Indeed, DeFi project is the catalyst of the current market.
Just looking from the volume and price, we can see many people has gone into cryptocurrency and making some volumes.
I hope the DeFi projects will bring real products that can be massive adopted by people, investors will get profit and won't disappointed.

It's not all of defi projects but some of them were scam projects dude. Did you aware about the latest project that has already called as YAM and CURVE? those projects have already made the early investors loss almost 90% from their initial price. that's something that must be avoided.

Would like to throw some play money in. Has anyone a recommendation for a coin?

yes, the Defi project has caught the attention of crypto users. In the last few days I have read an article that there is a Defi project that ends in a SCAM. if I'm not mistaken, the YAM project and maybe there's more that I don't know about. In this regard, I am afraid that new investors will darken their eyes after learning that Defi investing is profitable quickly. I wish someone was more careful before investing in any DEfi project.

Make profits from DeFi projects and zip up, a word is enough for the wise ones, DeFi up trend won't stay alive forever, always remember that, everything is about opportunity and opportunities don't stay around forever, be smart

The same.  ::)

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You can enter and exit when ever you want.

If you look at the current trends in the cryptocurrency market or go with the flow of the market, I see that the cryptocurrency community is very interested in the Defi project. but I don't really know whether the Defi project is really giving investors a green signal or a red signal? I honestly have doubts about Defi.

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The hype from Defi projects will be not last long and now it look like red for me. But still a good Defi project will exist as we speak. A really good Defi project will push cryptos market up but for now i see just a lot of scam Defi projects out there. Not worthy at all to joined as Defi projects more like a ponzi scheme now.

What about Dia ?

No clue. Can't you tell us?  ::)

I almost didn't noticed that this thread was created few months ago but what have said here did came true because defi did became the main attraction now on this space and I believed that defi has some contribution on the latest bullish trend that we experience on other cryptos . I'm not not familiar about the two defi projects that you mention and those two project were successful ? How come when they aren't popular as the yfi , oikos , yam and others  or maybe the defi itself are not that popular before .

Lolol .

I think defi bubble. Defi is no future. Many people agree with me

It would be very dangerous for everyone if most DeFi projects could be like the current ponzi scheme, because some people in crypto currently still believe in new DeFi projects, especially if there are giveaway programs from them, automatically some indirectly. would be tempted by such things.

Looks like you were right. I like fiscus.fyi (https://fiscus.fyi/). They are brand new and promise more stable yields. Also give me a chance to get in early before its $40k a token like yearn.

I have a positive feeling about DEFI acting as a stimuli for the next substantial bull run. I recall in 2017, we had the ICO hype and several people got into the space to benefit from the opportunity which had a huge impact on the coin market capitalisation. This year has brought different activities which could serve as a catalyst, the ethereum 2.0, bitcoin halving, several ponzi schemes using smart contracts, the Defi hypes and others.

Situation is changed now. Defi projects got huge successful, that's why Scammers already start launching fake defi tokens, so that to steal inbestors investment. Since last 2 months, I have seen lots of defi tokens but most of them ends with scam. those are spoiling the attractiveness of defi tokens. That is the reason, people should choice each new defi token carefully before investment

And expect a lot of users will be screwed after the DeFi hype. Right now, we are already seeing a lot of fake projects like the Y-defi projects. If you scrutinize this particular YFI project, I am wondering where they are getting their very high price in the market? No use case at all as all their services are in beta. How come traders are buying it at twice more than the price of bitcoin? Are we really that dumb to buy an empty project? And now because of their expensive price, a lot of scammers are copy-pasting their project and giving their project's name with Y-*** DeFi and holding fake airdrops. DeFis are having golden times right now, but they will fall anytime, once these users realized they are being duped.

This mode will be repeated. Scammers will try to find opportunities from the market hysteria, which DeFi is currently dominating. Fraudsters will make fake projects with all kinds of tricks as if they are real, targeting new investors or people who panic because they missed the previous DeFi golden moment. So, the scammers target people who are less conscientious and panicked, you should do the best possible analysis before joining.

I'm biased for Crypto.  :o

Because I am part of a team, that aimed to developed the next goto token of the Crypto space for our market. I don't mean, that we copy any coin. But our goal, is definitely to become the go to coin, when someone thinks of loyalty and rewards.

Honos coin  ;D

We are solving a few of the key problems, that exist for consumers when spending and using digital assets that most Crypto currencies don't solve.

For one, the trust less transaction that someone does with peer to peer. Was once an amazing piece of innovation, in that you can transact peer to peer, without any intermediary. And then Ethereum came along, and created smart contracts. Which execute, and provide us with a true sense of what digital currency can become.

But besides the digital ledger, there was one thing missing. Which our team noticed!

And that is "Dual Manual Consensus or Dual approval", the reason this is needed. Is due to having a payment source, which has no middle man, in transactions. The reason why people trust banks, is because banks provide a cusion of protection. If someone sends money to wrong place or get charged incorrectly, they have some buffer of satety.

Althought crypto currency, never had that. In addition, most people when they spend money on the internet rarely do they get an incentive unless they shop with their credit cards, or on amazon for example. They have discount programs, but most companies. Don't have a way to incentive users, to come back and use their products again, and again.

And finally, most of the coins on the market. Usually focused on just two things, either a very sophisticated technology such as Vechain, with supply chain or a coin like XRP for the financial market, and the main currencies people purchased for long term, are the bitcoins and the Ethereum currencies. But with a price of $10k-$11k or higher, this asset class becomes difficult to use on a daily basis. That is why most people just, store it or save it. Even if you break down bitcoin, into micro. The fact remains, 10 minutes is too long for a transaction. And If you think of Ethereum, most people don't spend on average $300 dollars a day.

Wouldn't that leave Tether or USDT coin? maybe, but mostly USDT and Tether focus on USA economics staying on par to US one dollar, while most of the world need a coin which stays relatively flexible and stable, both solving a problem and providing value. That is why we developed Honos Coin, a truly innovative coin. Providing Loyalty for business and rewards for consumers. In addition to having a (PPP) economy, purchasing power parity. Meaning that the value stays consistent across the globe : ), and finally a dual trust mechanism. Which you can truly trust who receives and if you approve if the right person, has the money sent.

Were a USA based Crypto token, and we welcome you to come to check our white pages, at www.Honoscoin.io

Stop scamming man. The trend of ICOs is long gone. Your CEO picture seems to be copied from a youtube stream of someone named Adam Torres who apparently interviewed the CEO of RDE group.
People are talking about DeFi here. Something that has huge potential similar to the ICOs but same pitfalls of scam and over optimistic projections and promises. Who names their coin with a suffix "ICO".

And it looks like Fomo Defi is over for now, or is it just taking a break and getting ready for even bigger bubbles.
In fact, if smart people take their chances they can get in and out quickly, of course with a profit.
it is greed and inexperience and inconsistency that keep most people failing.

the work with customs as following native with ideal science to leaves with chance as parties to manage customs with terminology of jobs following drafts as help with the provision on blockchain nature gives of improvement on referring the chance on modesty as if to gather connection with the field of finance.

%90 of DeFi is scam i think , yeah good system acceptable i know but %90 are scam everyone shitting new defi projects no control , projects which have own blockchain better , projects which build bridge with real life better , tokens which have any producting i mean service selling or product selling better , other projects are totaly s*h*t

with different customs as absence within the field of business with crypto finance, users gain of distinct of point as objective value on focus with the decision of expends as improving customs with daily tasks as appealing risks on modification.

The crypto business has overpowered again with the publicity made by those supposed Defi or Decentralized Finance crazed, I think it has no distinction at all since it was, in no way different, its cryptographic money that advances a decentralized account alternative, commercial center, and so forth so what was the distinction the entirety of that capacity, for example, loaning, financing, and so on have just existed in the market offered by a few crypto stages so why it needs for rebranding I'm actually questioning about it. also, as yet investigating Defi.

Defi projects now appear every day and most of them, of course, are scams, so invest in defi projects with great care, and of course there are many interesting defi projects that already bring income to their investors and I have already received income from investments in DEGO and I am still waiting profit from other interesting defi projects.

Forget about defi even though there are some people who are making huge money from it because majority of the investors in defi are keep losing because of the high risks. The prices of defi are usually drive with hype so if the hype die, the coin will instantly die also wherein I can say that defi is just for short term. If you want to make money fast but with high risk then try to put your money in defi but there is no guarantee that you can make money from it. I'm a trader and base on my observation, the defi projects are usually experiencing huge dump after it got listed in specific exchange.

My advice is focus on altcoins that have potential and not a defi just a hype driven. I still prefer to make investment like in ETH, LTC and BNB because I can handle the risks of those coins unlike in defi where the volatility is so high where the probability of losing is high.

DeFi Synthetix (SNX) is one of the most successful DeFi Projects that hopes to become a decentralized version of the derivatives exchange BitMEX. It is a cross-blockchain liquidity protocol that allows fast and cheap swaps of crypto assets.

Scams will always be there, you won't be able to get rid of scams from the DeFi project, what now needs to be done is to be careful and learn how to differentiate between legit and scam projects. The DeFi project will not be able to dominate the cryptocurrency world, because all crypto projects have different functions and all projects support each other.

A successful platform for exchange the value of these TCR tokens is much lower the new tokens are scammed in the market therefore caution should be exercised in the case of token delivery traders do not trade in these currencies for fear of being scammed which causes their demand to decline. This is why currencies have more reliable circulation than TCR tokens.

I see you are always posting about TCR tokens, so what makes these tokens so interesting to you and always invites other people to make discussions about them? why don't you make a special topic about that token in this sub forum.

The intention is quite clear. Someone wants to advertise, or to be more precise: to shill.
But it's good that you pointed this out here again and a look in his post history shows it clearly.

Yes, every new DeFi project launched this year should be chosen carefully and carefully, as most of them are created by scammers with false or unclear purposes, so it will be a lot more research work for investors.

personally there is no good defi project anymore,most of them now scammers that occur again while cryptocurrency market start recovery. we've been see many defi project finally exit scam in few weeks or months ago. by this accident we have to analize deeply in every project , so our money will save from any fake project.

i think it's not easy to predict which defi will be successful but i think there's a coupe of credibility check points: like founders, tech base, financial model, strategic roadmap, etc. I prefer to invest in interesting dex projects mostly

dex for now are the most promising/hyping concepts. just look at uniswap!  And now I'm researching new stablecoin exchange - xsigma. Looks simple and nice financial model

I had done a bounty campaign called Payaccept, The project is currently under development and it comes with a defi concept that manages the payments. I like this project so much due to its potential and that's why I had sold other bounty campaigns token to buy Payaccept.

i heard about this project, and yes it looks really credible and interesting, they based on a Curve exchange

Bitcoin Guru Twitter user @talkwthme posted a useful list of current and under development DeFi projects, divided by category https://twitter.com/talkwthme/status/1340564038359478273 Everything is written in pencil on paper, anyone can go through the projects listed and explore their potential :)

https://i.ibb.co/zPnG1r9/2020-12-25-235829.jpg (https://twitter.com/talkwthme/status/1340564038359478273)

In the new DeFi-protocol of the creator of yearn.Finance, a critical vulnerability was discovered. The exploit discovered in the smart contract of the ycredit DeFi project launched the day before allows you to withdraw all user funds https://twitter.com/NourHaridy/status/1345042427141304326

https://i.ibb.co/h8FByyY/2021-01-03-123623.jpg (https://imgbb.com/)

The creator of yearn.Finance, Andre Cronje, presented the new project on December 31. The ycredit platform allows you to deposit ERC-20 tokens and receive credit funds in ycredit coins for 99.5% of the deposited amount. Dev Ivan Martinez, with whom Haredi shared the discovery, confirmed that the exploit works. According to Martinez, someone has already used a different attack vector on ycredit  https://twitter.com/0xKiwi_/status/1345281360878039040

https://i.ibb.co/dJrG39X/2021-01-03-123710.jpg (https://imgbb.com/)

Despite all the risks associated with DeFi in 2020, the DeFi sector showed rapid growth. In December, the total value of funds blocked in apps exceeded $20 billion, and the number of users exceeded the milestone of 1 million. Current data requirements  https://www.defipulse.com/

https://i.ibb.co/H7B5Frp/2021-01-03-124517.jpg (https://ibb.co/fMqj1CG)

oh man, don't fall too much in love with the Defi project. You have to be careful before taking part in any Defi project. do not ever think if every Defi project that appears, pump repeatedly on the uniswap platform is profitable ?, actually not always like that. If you are more careful then you will realize that the Defi project should be used in general. My advice is if you are interested in Defi, pay attention to the project, don't use Defi as a long-term investment, if you see an opportunity then just throw it away and get out after making a profit.

The decentralized finance (DeFi) protocols involve $20.18 billion worth of crypto assets in MakerDAO first place in the DeFi Pulse ranking. The value of blocked funds (TVL) in this project exceeds $4 billion, just a year ago, the total TVL of the decentralized finance sector was only $1 billion.


https://i.ibb.co/bFqBYXw/2021-01-06-211011.jpg (https://ibb.co/XDNs6t0)

Both of them are nice projects. TRON needs more competition and more developers to unleash its full potential. That's why we've started TofuDefi (https://tofudefi.com/) project. ;)

Uniswap was the first among decentralized exchanges to break the $100 billion mark in trading volume.


Uniswap still ranks fifth in the DeFi Pulse rating in terms of the value of funds blocked on the exchange, $4.08 billion.

i dont know about which project will be good in the ICO Launch. from me, i must wait till the fundamental of the project are builded at least one of all in their roadmap. That is.

Uniswap, Curve Finance, Polkadot, Solana, Matic Network, Yearn Finance, AirSwap, Loopring, Elrond all these projects are very promising in my opinion. But this situation at the moment, and what will happen next can hardly be precisely defined. The market surprises every day.

I agree with you that these projects are successful at the moment! However, they have already gone up in price, especially SUSHI and CRV... I would stay away from them! On top of that, they have a huge emission...
DOT, on the other hand, I think there is still good growth to come! ;)

I will include yearn.finance as one of the defi projects to stay away from. It is obvious, they really don't have fully working platform and I don't understand why they have expensive price tag? This one is just banking on price manipulation in the market. Later on, you will see that they really don't have anything to offer to begin with. And only few defi projects have active development in place and has the capability to implement their objectives.

I don't trust DeFi projects, out of 100 DeFi projects I only trust 6, and these projects are backed by real blockchain experts not some dev wannabes that are new to crypto and blockchain, most DeFi projects are base on hype and after this bull run their true colors will surely be revealed

The truth is even though defi project has a lot of potential and could as well be the next big thing in the capital space lots of people are still investing in defi project really based on the hype.
 not so many people understand the technology behind it all the financial impact that defi projects are trying to bring to the crypto space however decentralized finance projects possess a lot of usability and they can be combined together in a lot of numerous ways to bring finance that is previously only restricted the selected few I net worth individuals to the masses.

Would be nice if you tell us a bit more about your 6 favorites...

I agree! DeFi are just like ICOs before! When its on trend, there are lot of scams projects that came into the market some of it even goes exit after its sales or got enough investments

Maybe, you're holding to those DeFi projects which are in DeFi space before starting the hype of it and it's best to participate only those. Like what you said, is the reality of DeFi market and more users are getting into those projects because of fomo and nothing else. Eventually, the hype of DeFi will downtrend and every hyped projects will become shit one. It's just about time, IMHO.

Yes,,, it is really right now impossible to distinguish good projects from bad because literally every token is again exploding in value,,, regardless of just how useful they are WITHOUT marketing partnerships and promotions. FOMO like you said and we are back in the good/bad old days of ICO in 2017.

Hey there, there are some DEX that is available in the market like Uniswap, sushiswap , Honeyswapand etc. Not a finantial advice but I am presently farming XGT/xDAI at Honeyswap DEX. I think honeyswap is one of the best in space not only because of their low gas fees but also being a cross- chain capability. You can check them here:
https://Xion.finance

https://info.honeyswap.org/pair/0xB2B15DaE735e52CA0902824570Bd2458d78672f8

The Furucombo team reported that the attacker compromised the proxy server of the DeFi project, the damage amounted to about $14 million in Eth and ERC-20 tokens https://twitter.com/furucombo/status/1365743632460910593


According to The Block researcher Igor Igamberdiev, the hacker used a fake contract, which made Furucombo decide that Aave v2 has a new implementation. This made it possible, when interacting with this DeFi protocol, to transfer approved tokens to an arbitrary wallet and gave a list of assets withdrawn by the hacker  https://twitter.com/FrankResearcher/status/1365740713334493192

When compared to ICO projects, I prefer DeFi projects, especially when I invest in several DeFi projects from 2020 to now. And managed to get
a sizeable profit from DeFi projects. I invested in Chainlink, Uniswap, Compound and Maker. I hope DeFi this year can return to the hype like in 2020. Unfortunately now the price of all DeFi is going down following the falling price of Bitcoin. But I believe that once the Bitcoin price recovers,
the DeFi tokens price will recover too. So right now I can only wait patiently.

When I first read this thread, the one thing that came into my mind is one word - marketing. Clearly the OP is marketing that he thinks his bet when it comes to the DeFi projects. I am really familiar with the said project or thing as I am only concentrating my energies toward Bitcoin. The only reason why I am participating is because of the way the project has been introduced in the very first post. But since it is being discussed right now, better do some reasearch and see if this is worth investing.

In terms of the value of blocked funds, Uniswap passed ahead of the DeFi platform PancakeSwap, the value of blocked funds in the PancakeSwap protocol based on the Binance Smart Chain (BSC) exceeded $4 billion, while Uniswap has this figure of $3.73 billion.

PancakeSwap is not DeFi! Binance is not decentralized! It should be called CeFi. But the market gives a shit about it.

Yes, now all that on the Binance Smart Chain proclaim themselves Defi projects here is another of them project Meerkat Finance was suspected of exsit scam, where a day after the launch, hackers allegedly withdrew assets of $32 million (13.96 million BUSD and 73,635 BNB)

 was actually guessing I that the defi projects would grow like this and still this movement continues.There are a lot of rug pull projects lately, new entrants need to pay much attention.And the hackers have turned their eyes away.Some projects can be tried with small amounts, but very risky

Pancake Swap reported that it may be under DNS hijack attack and does not recommend going to the Pancakeswap site until they are sure that everything works as it should, as well as projects Pancake, Cream, etc are under attack, cz_binance reports on its twitter

The developers of Cream Finance and PancakeSwap confirmed that their dns was compromised and asked not to enter private keys and seed phrases on their sites :(

These days a slant of Defi ventures but too it ended up difficult to select legit and commendable Defi extend so legitimate reserchis needed.Defi ventures too on center of programmers and as of now most well known extend hacked so ought to watch out some time recently investment.sometimes, they are utilizing it to pick up more for dump and pump. Have you seen what is happening in Dex right now,Investors or dealers who will begin without any information will endure from it.Basic instruction is must some time recently getting in any venture.

The volume of assets blocked in DeFi protocols exceeded $80 billion and reached $82.57 billion according to the data https://defillama.com/home, Defi Llama includes a group of tokenized bitcoins in the final value. There is $42.6 B in the Ethereum TVL network, according to the data https://defipulse.com/

DeFi projects are so underrated! I was researching on YouTube and found the channel that explains what is DeFi, possible future of it and perspectives. Those guys from PeakDeFi opened my eyes, DeFi will be so popular in a couple years, so better invest now. All we have to do is to look for great promising projects, invest and hodl!
PeakDefi is a cool one, their PEAK will be launched on OKEX soon and they already have Binance SC staking, so now is the best time to join.
https://peakdefi.com/

According to the DefiLlama service, the total value of frozen assets (TVL) in the decentralized finance sector has exceeded $100 billion for the first time.

Market is run by a running trend so i think now investor is trying to invest on defi project.and NFT so every one can invest Defi will lead market after some day.i will try to invest on new defi project.

Totaly agree that Defi is underrated, btw If we're talking about Defi projects I suggest PeakDefi, it's a pretty good one.
I was a beginner when I came to PeakDefi, they are making educational content on YouTube, so I was watching their vids
No doubt DEFI is our future, NTF and DEFI!
So I picked PEAK for the start, now I'm into big projects cuz I watched their content a year ago, great boys
Found out they will be listed on OKEx and bought more
+ NFT's in september
+ they have their PEAKDEFI wallet app, but staking is not available yet
+ bsc staking
https://coinmarketcap.com/ru/currencies/peakdefi/
https://play.google.com/store/apps/details?id=com.peakdefiwallet&hl=uk&gl=US

The catalyst of bull run in this phase is DeFi and NFT, look how NFT project growth everyday. DeFi also have a good did. And now we probably can see DeFi for bitcoin like Stacks and Sovryn. Ethereum DeFi take so much fees. Now is time for Bitcoin DeFi, BNB and Polkadot.

DEFI GANG
look at PEAKDEFI cool project
OKEx listing soon
BSC staking is live and NFT's in September  ::)

;D ;D peak is doing great

UniFarm announced a $2 million investment from leading blockchain funds, including AU21 Capital, LD Capital, Rarestone Capital, Morningstar Ventures, NGC Capital, Alphabit, Moonwhale Ventures, Acheron Capital, Zokyo Ventures, etc. https://twitter.com/unifarm_/status/1381598239502200832  
 

DeFi platform X-pool for Binance Smart Chain announced on Twitter the release of the mobile application Defii, which is an internal wallet. It is reported that the app will soon be published in the AppStore and Google Play Store. https://twitter.com/Xpoolofficial/status/1381546691195666435

Experts warn about the upcoming difficulties in the DeFi segment. So for example Chris Burniske (https://twitter.com/cburniske) believes that the imminent decline in prices for crypto assets will be a real disaster for the segment of decentralized financial protocols (DeFis) According to DeFi's leading analytics panel, Defipulse, more than $65 billion is currently locked into multiple DeFi apps. This means that the segment's net TVL has more than quadrupled in the last four months.

Yes, totally agree with that and i've been thinking the same.
Currently DeFi is interesting because of the passive gains they give, but with bear in place, these gains will also be cut in half if not more

Even if DeFi could face a temporary retreat that doesn't mean it won't have its place in the world of finance. It will be reshaped, improved, innovated, new concepts introduced. DeFi is going to stay.

PeakDefi is a promising one https://peakdefi.com/ 8) 8) 8)

It's not called bear market if you don't see price declines. It's already known that everyone will try to consolidate their investments and put them into fiat, stable coins, BTC or other strong stakeable coin/token. TVLs accross all platforms will definitely drop but some people will probably continue to stake/farms on AMMs and Yield Farming that offers stable coin pairs.

Good you mentioned the Yield Farming with stable coins. What are the rates you can expect if you stake your coins in stable coins and can you give recommendations for well established platforms? Do you personally use any?

DeFi activities to draw financial backers since financial backers have interest in DeFi projects like many guaranteed, recall what happened when ICO entered crypto space. on the off chance that we will base on Defi's publicity over the most recent three months or something like that, however nothing has transform, it is still promotion, sorry to blast the air pocket for altcoin financial backers. The best thing about that will be that paying little heed to how much the Varus blockchain rewards excavators far beyond the pre-decided coinbase reward.

I came across Sovryn's DeFi project. they use the RSK network. I heard they were following the campaign and their initial purchase on the web was profitable.
it will probably get bigger in no time. RSK has been running for a long time. and we're seeing some developments.

It appears positive and best way to execute some time recently the plans.Mostly financial specialists center security instead of the tall benefits so security matters.This is why whats the issue all approximately and why the bounty supervisor cant resolved it,Bounty chief may be a individual who speak to the extend and accumulate the community so ventures proprietors and group ought to enlist proficient bounty trough who have positive affect on the project.

I'm not going to go any further https://apeswap.finance/farms
https://i.ibb.co/19TtzmL/Untitled.png
I don't know what's your criteria for a well established platforms. I'm just going to leave these information and let you decide:

• APESWAP TVL is currently over $540 Million accross all Farms and Pools.
• 1 Banana is currently above $10 which is already a 10x from two weeks ago.

I also use other platforms but I usually see stable coin - BNB or other Binance pegged token pairs.

true that. it's possible that banks will actually apply the same principle. i use to read replies about Defi just hype but now even the centralize platforms are already applying the same concept. blockfi seem to become a good one for example. and then now we can now see swapping platforms of such awful names already.

the new defi that i have tried investing is the SOVRYN. its DEFI on top of Bitcoin.

Yah.  The community is excited about Sovryn- the first Defi for bitcoin.  SoV's TVL has exceeded 185 million, a really impressive number for the project that has just been released on April 13.  Sov is considered by many to be the bright jewel of this year. 

While, $ Banana TVL has surpassed 500 million in just two weeks, the $ banana value has increased by more than 1000% compared to its ICO price.  Defi is in a very active transition, defi + stanking + farming, yeild = future.  These are two defi projects that are winning my hearts.

The sad story of a Twitter user under the nickname @rgrpark (https://twitter.com/rgr_park) about how he lost his entire portfolio of $185,000 worth of DeFi tokens within three weeks in an attempt to make a quick profit on trading highly volatile DeFi tokens.  :(

Defi is a massive industry that seeks to find its place in the crypto community and it will be great no matter what! It is a term that many can't deal with right now, but it will gain meaning over time. If you tell people about decentralized finance they usually look at you as if you were an alien. We are no alien, we just had a sense for a financial and digital revolution very early on. I believe in the revolution so much, I can't even tell. We will see so many new financial products in the near future and we need to get all the others on board, but it won't be easy because no matter how we explain it, they may not understand.

Defi is a scam! Having invested in defi I lost a lot of money, because a lot of coins are stamped every day, be careful with defi! ;)

indeed high risk, therefore you must be selective in choosing DeFi tokens to invest. especially if you are interested in investing by entering this LP will be even more risky. the decline that occurs in tokens will be very deep when the market crashes. Now, I myself have observed that many altcoins have experienced a deep decline with the DeFi concept because it is indicated that a scam and liquidity or market cap are still low.

I put a lot of money into DeFi projects and lost a lot of money, but I made a fast x5 profit on projects like Safemoon.

If you enter during the spike or ATH, you will undoubtedly lose. However, although some are clearly scams, others, such as Safemoon, have the potential to develop. Many defi platforms are now making significant progress, with significant gains and rising hodlers on a daily basis. Another thing to remember is that research is crucial in DeFi; if you don't do any research, you will be scammed, so make sure you've spent a significant amount of time learning the facts about the DeFi coin.

It will be always HIGH RISK, HIGH REWARD.

My Friend DeFi first of all is not an investment . It is a blockchain application that leverages the power of consensus, speed and authenticity of a transaction. It's the strategy of which how would someone use DeFi as their investments that makes it complicated. Be educate as what everybody says and if it is too good to be true then think it over 100x before making actions.

DeFi has really got aot of traction and success in the past 1 year with more and more projects entering the space. The assurance of getting passive income via liquidity mining and staking options are lucrative for any investor.

I never thought that the Bull season would last long like this. DeFi and NFTs have further taken crypto/blockchain to mainstream light.

I'd like to present my new project - https://www.redhawk.finance (https://www.redhawk.finance) - We offer 13.4% APY on fiat to retail investors.
We essentially continuously track a list of safe DeFi projects and invest in the most attractive rates. While building our platform, the goal was always to make this accessible to everyday investors, but it's also accessible to crypto investors who simply don't want to deal with the complexities of DeFi.

It must be recognized that Defi's projects are quite prestigious and should be invested. I find it very attractive to consumers. With the creation of passive profits for users has given it credibility
I'm investing in MCR, and shushiswap. What do you think of this project?..

You don't have to invest in an ICO to become involved in DeFi, you can farm your existing tokens and LP tokens like 0xMR to earn rewards.

There have been many comments with the future trend.  NFT can bring fresh attention, but the main theme is Defi, which supports staking.  Some of the most highly rated and captivating projects this year are $ SOV, which has already reached x9 in genesis prices, and is growing exceptionally well.  Additionally, $ Banana has also been massively attracting a new audience in the community, $ Banana already has x10 now, and it has even hit x12 at $ 11.  With NFT, $ PYR is making the extended connection from the game genre, it looks powerful when $ 1.8 goes to $ 5!

Have to share this project - https://planetfinance.io/ 

Only stable coin vaults except for their own token - https://blue.planetfinance.io/

Yields are solid - all over 300% for now.

On Binance Smart Chain.

Worth checking out.

No stupid deposit fees or auto-compound fees.

DeFi the Rari Capital project lost about $11 million as a result of hacking, The Block researcher Igor Igamberdiev noted that the attack was the first inter-network exploit — the attacker stole funds for it from the Value project, which operates on the basis of the Binance Smart Chain (BSC). The hacker withdrew 5346 BNB from it, which he exchanged for 1000 ETH.




According to the expert, the mechanism of the attack on Rari Capital was to create a fake token and its pool on SushiSwap. Next, the hacker, interacting with Alpha Homora, received ibETH in the Rari ETH pool contract. He also exchanged the assets there for Ethereum.  After repeating the steps several times, the attacker withdrew 2900 ETH, but thanks to the actions of the Rari team, 1700 ETH was saved

Every investment that doesn't make him a millionaire is automatically a scam? DeFi is no scam at all. It is just a trend that is very young. That is similar to the dotcom bubble and investing in newly emerged industries comes with a lot more risk than investing in a well established industry. If BTC now goes down 20% it doesn't make BTC a scam. When you invest you hav to bear the risk and that is the same for all of us.

The head of the DeFi project Rari Capital Jai Bhavnani announced the payment of compensation to users affected by the hacker attack on May 8, the project decided to transfer RGT tokens from the incentive fund for developers in favor of a decentralized organization. https://medium.com/rari-capital/looking-forward-at-rari-capital-a8349225120e

It seems to me that this is not so. I don’t think it was DeFi that was the catalyst. In my opinion, institutionalists finally became the catalyst who began pouring huge amounts of money into bitcoin.
It was these funds, such as GrayScale, that allowed bulrun to happen, and DePhee naturally entered bulrun as this is a new trend.

Another incident in the Defi segment, as reported by CoinDesk (https://www.coindesk.com/bearn-fi-loses-11m-in-latest-exploit-of-a-binance-smart-chain-defi-protocol), a hacker attacked the bEarn Fi cross-chain protocol of profitable farming operating in the Binance Smart Chain (BSC) network and removed assets worth about $11 million from its pools.  https://www.coindesk.com/bearn-fi-loses-11m-in-latest-exploit-of-a-binance-smart-chain-defi-protocol

but when large amounts of money are withdrawn from the market by releasing large amounts of bitcoin or other crypto assets, of course, it also creates a new trend to form. it seems the crypto market is a game for those who have large capital in the market.
The Defi project that is currently developing is also an important part of the development of the pump that is happening in the crypto market. not just from communities with their large investments. several new projects have their own important role to grow the crypto market for the better.

DeFi PancakeBunny finance based on BSC suffered from a major exploit that allowed a hacker to take over more than $200 million in assets.

Messages posted by the PancakeBunny team on Twitter reported that the protocol was subjected to a sudden attack by an external entity. The attacker borrowed a huge amount of BNB before manipulating the price of the asset and dumping it on the BUNNY/BNB market.


upd by Igor Igamberdiev:

Very interesting. I did some social review factors on this project. I dont have the skills to check their code or go tech indepth. 
Website register: private
Team: anonymous
Public influencer promoting: Youtuber - Dallas Rushing. Also working on their support team , so obviously incentivized.
Dallas' background: some few years of posting legit quality content about Crypto space. Also previously promoted Digipulse (defunct) and XYO network.
Twitter: looks legit, no sock puppeting going on/fake promo tweets.
Support team: come across as down to earth, not scammy, typical 4chan/meme sort of people really.
Reddit: 1 promo post. 1 high karma person endorsed.
Website: quality info to read about.

They have tech documents where it's claimed they pay close attention to vetting the projects in their pool.
And offering various levels of risk across their various planets.
Not sure how to validate their claims of vetting projects.

BurgerSwap, a popular decentralized finance protocol (DeFi) powered by the Binance smart chain, was hit by a flash credit attack that resulted in users losing $7.2 million. BurgerSwap claims that it will try to cover all the losses of its users.

I found a DeFi project with an RSK network.
sovryn (https://live.sovryn.app/) this project is growing quite well and now it also has a lot of users.
SOV tokens have also been traded and can be staked there. but before deciding to join you better read and research it first.

Found this project, PINKMOON

https://i.imgur.com/DSdANK0.png

Currently at a dip, many whales take profit from it.

But take a look at their project; according to my research, they will launch a decentralized exchange called PinkSwap, and they recently launched their first IDO, PinkElon.
I'm not sure about their other project, but the fact that they've accomplished so much in such a short period of time is very promising.

Don't forget to DYOR and TAYOR, high-risk high reward guys so be careful investing if you're not good at committing.

DeFi is very accessible and Compatible for users without third parties which makes DeFi now a positive trend nowadays, and also easy to use with Smartphones through Trustwallet personal wallets, SafePal and Most of the DeFi applications accessed by connecting one of the Web3 wallets.

This mobile wallet has begun integrating various dApps browsers to facilitate connection with the DeFi application without having to leave the application if there are still transactions.

The hacker managed to withdraw $6.2 million from the Belt Finance platform built on the basis of the Binance Smart Chain (BSC) DeFi ecosystem, according to Igor Igamberdiev, a researcher at The Block https://twitter.com/FrankResearcher/status/1398772580602060804. Then he described the scheme that the hacker used:
1. The attacker took $385 million in BUSD on the PancakeSwap platform.
2. After that, he deposited $10 million in the bEllipsisBUSD strategy.
3. The hacker used $187 million in BUSD for the bVenusBUSD strategy and repeated these steps more than seven times.
4. Then he exchanged $190 million in BUSD for $169 million in USDT via the Ellipsis platform.
5. The attacker removed another BUSD from the bVenusBUSD strategy and exchanged $169 million in USDT for $189 million in BUSD using the Ellipsis platform.
6.Then he deposited the BUSD into the bVenusBUSD strategy.
7. In the end, the hacker repaid the instant loans and withdrew the profit.
All stolen busds were converted on the 1inch v3 platform to 2680 anyETH worth $6 million. Some of the funds were transferred to Ethereum. At the moment, 1463 ETH have not left the cross-chain bridge


Representatives of Belt Finance said that they are investigating the incident, preparing a compensation plan for the funds. The withdrawal of assets from BSC storage is suspended until the smart contract is updated.
https://twitter.com/BELT_Finance/status/1398804120731979776

Community-managed decentralized exchange (DEX) EmiSwap has raised $104 million from an unnamed number of investors.https://cointelegraph.com/news/community-governed-dex-emiswap-raises-104m-in-private funding. EmiSwap also compensates users for 100% of the fees on the Ethereum network for any transactions with ESW. In the third quarter of 2021, the exchange plans to issue non-interchangeable tokens (NFT) called NFT Magic Cards to implement a gaming mechanism aimed at attracting new users to the platform

The Swiss regulated cryptocurrency bank Sygnum has expanded its range of services, offering clients storage and trading of DeFi-project tokens. Sygnum added support for Aave, Aragon, Curve, Maker, Synthetix, Uniswap, and 1inch Network. https://www.insights.sygnum.com/post/sygnum-launches-first-phase-of-institutional-grade-access-to-decentralised-finance

DeFi the WhaleFarm project is suspected of stealing $2.3 million from investors today the price of the token fell from $200 to $0.15 the project team deleted the official telegram group and twitter account, wait for statements about a hacker attack?

In good news, the DeFi project Superfluid Finance has raised $9 million as part of a seed funding round led by the venture capital company Multicoin Capital. The startup was also supported by Semantic Ventures, DeFiance Capital, the head of Aave, Stani Kulechov, the founder of Messari, Ryan Selkis, and other investors.
The received funding will be used by Superfluid Finance to expand the staff and promote the solutions being developed. The project team will organize hackathons and launch a program of targeted grants.
You can read more here: https://medium.com/superfluid-blog/superfluid-raises-9m-to-build-the-real-time-finance-economy-988ed538def1

Speaking at the REDeFiNE Tomorrow 2021 blockchain event, Dr. Arak Sutivong, CEO of SCB 10X, expressed the opinion that DeFi requires a regulatory framework for integration with the traditional finance industry, but the sector cannot be fully regulated.

Buterin made a big speech at the EthCC Paris conference on DeFi issues, in which he called on the community not to stop the development of the ecosystem only in the DeFi space. According to the developer, non-financial scenarios represent "the most interesting part of the vision of general-purpose blockchains".

I disagree that all projects are scams and people lose money in them. Moreover, what do you really mean by defi projects? For example, DEXes are also defi projects, as I know, but I don't see any reasons why ordinary exchanges like 1inch and Quick swap can scam. On the other hand some defies can be really dangerous, but we can protect ourselves from real scams if we do careful research.

Yes, market momentum seems to have shifted to the trend of NFT projects.
It's a shame that some of the big and popular DeFi projects have had to suffer a major downturn. just look at the sovryn project, the price is very low. but I'm sure, potential projects will be chosen by the market. those who are incompetent will be excluded from the market. Looking ahead, we will look at projects that are currently seriously developing their platform.

The amount of new projects trying to ride the Defi project wave is so much, and a lot of them dont really provide a better solution compared to the already existing ptojects. Polkadot is still the major Defi project that i trust and really if you want to invest in this project that you are considering, then you should really do your extension research on it before deciding to invest in it or not

Recently Defi project dominate and thrive more, Brt is a good defi project that is currently selling second phase of ICO with the motive to launch into major exchange after the sales, its traded on pancake swap. We also have cook protocol and many other. Defi project lead in crypto world.

Last year's DeFi project most of them are now reaping up their rewards. Establishing some protocols to propel some of the important part of finance and building blocks to different financial products and services. Some of today's players just moved the level up and enhance or add some cool features that traditional finance would be impossible to implement.

The defi project is very good. In my opinion, all the gulas have been successful.
I think all these projects will go a long way one day.
defi Much stronger and what a lot better.

Startup Evrynet has raised $7 million to create a DeFi application aimed at institutional investors.The startup will use the raised funds to create the Evry. Finance application, which will provide the services of the exchange, the liquidity pool and the staking platform. https://cointelegraph.com/news/evrynet-s-7m-raise-highlights-institutional-appetite-for-defi  Here on the forum there is a thread of the bounty campaign conducted by Evrynet https://bitcointalk.org/index.php?topic=5354576.0

The developer under the pseudonym DeFi Ted announced the closure of the peer-to-peer insurance market Cover Protocol and the related lending service Ruler.

"The decision to do this was not easy and is the final one made by the remaining team after reviewing the path of promotion due to the sudden departure of key developers," he wrote.

The author of the statement recommended that users withdraw assets as soon as possible. Against the background of the news about the closure, the COVER token fell by 18% per day, RULER-by 94%.

According to DeFi Ted, the assets in the reserves will be distributed among the holders of coins. He added that the user interface will be disabled.

"This is a payment for creditors. The founders, including me, will not participate in the distribution, " the developer wrote.  https://defited.medium.com/project-shutdown-cover-ruler-bb2df50e2a95

It seems that China has found a replacement for the cryptocurrency mining exiled from the country. According to the investment company Sino Global Capital, China has begun to actively enter the NFT market, large companies and organizations such as Alibaba, Visual China Group, parent of TikTok ByteDance and others are already showing their interest.

Talking about the current situation, trends have definitely changed and many native tokens of DEFIes became shit coins. People are not very enthusiastic about Defi-projects now, so different platforms for staking and farming have low Total value locked, which means low demand. On the other hand, NFT-projects and games raise a lot of money on presales and so they are also popular.

All I have understands with regards this Defi project by staking your assets into its defi protocol and let it grow without risking like trading. And I think its not good for me because its make me bored unlike nft games thats could make you earn by just play. Make sure you choose a better and fit to your budget to invest, that we always say " Invest what you can afford to lose."

Right, there are too many defi projects created in cryptocurrency even some of them are scam projects.
I think we better to buy some top coins which have real use case, Solana for example.
Currently, i am not interested in most DeFi projects anymore, just stick to a good coins such as bnb, sol, btc or eth.

Solana is best coin right now and better with hold it than try with new coin, I think for Defi coin have finish their moment and better try with bigger coin like solana, ethereum and bnb. Many hype coin just show up few months and not worth long term investment, maybe if you have money wait and hold only bigger altcoin above, BNB, ETH or Solana.

Exactly, the team composition is what makes any project successful or not. 95% of the time, team strength and hard work goes along way to make project(s) successful. Though in few instances team members may wish to be anonymous and yet have a successful project.

Some of Defi projects are so promising, like Singularity Dao for example
They have a great team, a very supportive community and I think there's a great future for them
And some projects are so bad lol
It's all about the research, you look for the info-you find it cool and profitable-you invest

I think Ref Finance will be huge, and here's why. Ref Finance is the first AMM on NEAR protocol and already has a TVL of about 50 million USD. Normally the first AMM token on a blockchain pumps considerably, take $Cake and $Boo for example. Plus Ref Finance has farming with an APY as high as 150%, so the number of people using the DEX is growing rapidly.

I am excited about the Puncakeswap. Actually it is already popular, so some people think that it is not likely to grow any more, but I see that it still gives a lot of opportunity to earn. I saw that defi-projects were very popular in spring and in June, but now there are NFT-projects that are in trend. I used to invest in many defies, especially new ones, but now I invest rather in NFTs.

I suggest you always research carefully before investing in any new project in this market because mmer will quickly create projects to enter this market to steal investors' money.

Undoubtedly pancakeswap has became a role model in DEFIs. They are top for volume as well as number of users and still are growing. People may find it hesitant when they know there's no specific rule or limit on number of cake tokens being generated but it's highly regulated by the developers and the holders. They are practicing a good amount of governance, though not perfect, it would mostly go towards the interest of token holders. And they have their own NFTs.

Many new NFT projects are also traded on pancakeswap to sell their tokens early means this DeFi project is will be there for a long time and not just a hype projects. I agree when you said this project is still growing and not too high to reach more popularity and ofcourse creating growth for it's coin itself.
DeFi is people needed right now before going into CEX and many people already made hundred times profit because they buy the token early in pancakeswap.

Where did you see the road map ? and you need to know that at this time everyone is not looking for a dark horse that only exists in your own dreams and a serious project is not because of a crazy road map through writing that is only written on white sheets of paper without any intention to make it happen, So what's the point of a crazy roadmap ?

What will kill DeFi is coming soon if you are not careful as scam projects revolve around the idea of DeFi. Now no one can easily predict the best which is actually the problem with crypto. Many think well of growing their projects through the medium of DeFi but notice how it goes with some pump and drain projects. Let's do a thorough research.

Everyone should look into VKRW on Tron, the Van Kush Beauty Economy, and #VanKushFamily