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Which DeFi project is most promising and do you think will become big

Which DeFi project is most promising and do you think will become big? according to no or lower risk, less fees, liquidity etc

When it comes to no or lower risk then dont mind it because it has never been on that criteria yet everything is a risky decision.Asking out on what would be the
next promising DeFi project out there? No one knows yet if we do see it as of this moment where DeFi hype is gradually or slowly fading atm and
on lots of defi projects in the market majority of them are plummeting down.Isnt this thing new? No its not and its just like on ICO back in the past.
See all the reds or direction of most defi projects https://coinmarketcap.com/defi/ . Hell of a bloddy thing eh?

If we're going to take it by it's definition, Bitcoin is actually the only real Decentralized Finance project. Even Ethereum itself, the platform that these tokens run on, isn't even decentralized.

But yea, not bullish on any "DeFi" projects at all.

None, all of those Defi project soon will dead and there will be only bitcoin. Just wait and see how long they can survive like ICO or IEO token before it get replaced by something hype later

Bitcoin and ethereum top all the best currencies in the crypto market that's why i don't think any defi project is the most promising and they can be in a very good position in the market defi projects performed well in the beginning but now the demand for them has decreased a lot. Most of the defi projects are scammed coming to pump too early has turned into a dump as long as crypto lasts the demand for bitcoin ethereum will not decrease.

Some say .. it's polkadot network. Run by co-founder and former CTO of Ethereum. The idea is to have interconnect network .. which is so far nothing happened even after they officially launched since early 2020.
Some people say it's ethereum killer which yeah a bit exaggerated. Long term investment in this project? Why not.

But if you looking for a short-profit taking like what happened on yfi or uni or maybe the greatest scam project yam , there's no hint about that though just choose them randomly lol.

Defi is not a traditional ICO, IPO or IEO, this is same as the financial institutions hold your funds like bank and give a return of your investment, the Defi is the same thing, the only diff is that that no medium has control over it. So I do not think that there is any risk involved. However the tokens pricing are dying because big whales are running away as they always do after making a lot of profits.

I think the only risk which is involved is are the projects, they could be scam or legit. I think you should only invest on long running projects whichever not ending soon.

Using the word none is kind of been biased as we all know not all will die off. Even the ICO tokens still have some representative doing great like Chainlink and her likes that still survive all the bears and made it into the top 10 although not saying it'll remain there forever as no coin expect bitcoin and probably some stablecoin would.

Same  with IEO coins, some doing quite well for themselves and her Investors while majority are declining in price as the day goes on. With DeFi, sure most won't make it pass 3-5years in the market but some will still leave or have their impact on the industry. I traded most DeFi but invested in just one and it's bzx.network (bZx - A Protocol For Tokenized Margin Trading and Lending) (https://bzx.network/) like the tagged line says, it's focus on decentralized margin trading and that's what picked my interest into the project.

I have been following it for sometime now since my investment are there and I must say development-wsie they're improving daily although that doesn't reflect on the price as they have been a big traget for exploit and obviously the general market doesn't favor DeFi currently.

One of the ways or bases I can use to answer this question in a simple way is to measure the market cap of a cryptocurrency about Decentralized Finance (DeFi).
Market cap is extremely important for each coin, it also defines the price of a coin. More volumes coming to particular will help the price/market cap increase. The more volumes for me, the more people use it or buying it for hodling that they are how to believe in the project.

Most promising DeFi projects are related crypto exchanges since they can allow people to join easily crypto world benefit.
Uniswap and loopring are two of best products but I will not surprise if a new decentralized exchange could gain some market share.
Another good project could be chainlink, despite I am not very sure in a long term outlook, the project look the same promising.

I don't have much expectation for the DeFi projects because I guess that the DeFi projects were almost the same as the ICO and IEO project, which does not survive until now.
Well, maybe there is one or two or three DeFi projects that can survive, but that project is really good to depend on the other DeFi project.
But still, I prefer to choose bitcoin and other altcoins, which are in the top 100 coin lists that can be big and increase the price in the next bull run.
After the DeFi project ends the trend, there will be a new thing that will be the new trend in the crypto world.
I don't know, but maybe you can try to analyze more about YFI as the price is still high, but I am not sure if that project can stay at that price or go down for more.

Somehow the fate of defi will be like those but not all of them have been forgotten forever. There were a few projects from ICO and IEO that have remained the same and still alive as of now. And the same could happen for defi projects, majority will be flushed until its death but there will be a few projects that will remain as they are and will keep on going just like any other project that has been established after their sales. I think Uniswap and polkadot are those projects that will be part that shall remain.

I never get why so many people have problem with DeFi projects, yeah most(probably 99%) of them are offering nothing special and some others are just straight up scam and will run away with investors money sooner or later, but I still have hope for those 1% of them that are doing it right and their developers are not only after the money and they have some great ideas and actually care about their project and its future in the industry.

Cryptocurrency market maybe doesn't need that many DeFi projects that it currently has and maybe 10 of quality DeFi projects are more than enough for this market but to say that every DeFi is nothing but hype is just a bit of stretch.

hahaha, I slightly agree with your opinion...
me too, seeing that many DeFi projects are only temporary HYPEs, and soon most of it will only be dead tokens. I am also curious about what will be HYPE again in the future and replace the current HYPE DeFi.

Just forget about them, Defi has almost been forgoten just like what people did to ICO, IEO. The hypes it show in the 3rd quarter has already been done and it burst. Many investors had suffer big losses at that moment, if you are looking one of these Defi projects that meant promising, I'll just be honest with you...you have nothing to find among them. They got that impressive price because of the hypes, a sort of market manipulation but in reality, it was just a trick to fool investors.

You are asking for Defi project, these two are Defi projects listed on https://coinmarketcap.com/defi/ that are categorized by CMC.

ChainLink and UNI token. They are top coins on Defi. Both had mooned in the past which right now just took a dip, you may consider it a bargain price. There must be a lot of traders accumulating UNI. This is a utility token too.

Not trying to discredit your suggestions but I'm just off the opinion this two won't do much and even though they were to perform, they won't be the toppers since everyone already know about them. The industry has thought me that coins that make the top gainer aren't always the popular one. This statement is directly towards just alts as bitcoin tops every then and now irrespective of it been the most popular already.

The hidden gems are those that give the highest profit but where the problem stands is how to spot them before everyone else those or be among the first believers. Just like with bitcoin, the early Investors are those benefiting from the industry more as they don't get affected irrespective of how bitcoin price falls currently as they'll still be in profit.

So? The point of most defi projects are to get a quick money both either investors or the project inventor itself.

Other than that it's just hard to find one who really had a vision and passion to make something big , a breakthrough for the better cryptocurrency community.



Just because there's a list on how it sorted out based on the most capitalization,  doesn't mean the top one are the most promising and best performing one. That should be noted.

I'm betting on Nash.io because they're doing things that nobody else in the space has done. Layer 2 platform with Non-custodial Bitcoin trading using Hashed Timelock Contracts, Cross chain trading via state channels, Multi-party Computation for decentralized api keys... all cutting edge stuff. Then there's the revenue sharing, they share 75% of revenue from trading fees daily when people stake their token, you get dividends in any token that made volume so it's basically like having an index fund with Bitcoin, Eth, USDC, Link etc. They pay traders for market making, give high rewards for affiliate links and with a liquidity mining program they distribute rewards weekly to people that do a lot of volume. They have 0 knowledge key management, a slick mobile app, 0 fee fiat ramps, no maker fees and a payments solution that lets businesses accept crypto and get fiat in their bank account.

All of that stuff didn't exist 2 years ago and the team has delivered and built it all. Before year end they're starting up a savings program where you can earn interest on your crypto, and they're researching on how to do noncustodial margin and leverage trading.

If they can manage to get decent volume and people start getting massive dividends I think it's going to be huge. Check out this staking calculator: https://stakingnex.io/

Maybe or Maybe not, My personal opinion is it's extremely hard for DeFi project to become big unless the project is outstanding.
Reason: Low Volume - Most to all DeFi stocks I see on the Poloniex exchange have low volume same on Bitfinex, And mostly company trades it.

I think due to the vast majority of shitcoins we've seen in the past making it hard for good DeFi projects to succeed.

The DeFi project I'm super excited about is called "Ref Finance" (not sure what REF means anyway). At the core, it's DeFi hub that currently features an AMM that allows users to swap, make trades etc and there's provision for people that want to provide liquidity for the protocol.  Here's a couple if reason why I love farming (still farming!) on Ref Finance:

1. It's built on NEAR Blockchain (around $0.01 fees per smart contract calls/transactions), lightening fast transactions. Basically, Ref just benefits from everything NEAR has to offer.

2. High APY farming pools. Average at the moment is around 150% to 200%.

3. Solid user experience and all round use for users. User experience is usually overlooked but it's vital to tailor financial products like this to fit user's needs rather than just create a solution anyhow without proper architecture and not having users at heart.

I think Bitcoin and Ethereum top all the best currencies in the crypto market that's why i don't think any defi project is the most promising. ;)

Chainlink. Akropolis. Balancer. AAVE. Compound. SushiSwap. Maker. THORchain. Terra.
Yearn.Finance. REN. Neutrino USD. PERP. CETH.
Ampleforth.
Alpha Finance. Mirror Protocol. Nexus Mutual. 0X. Injective Protocol. Serum. Covalent.

Do you really believe that someone who spends all his time and efforts will be answering you to go and investing with their recommendation? I am sure most replies you will be getting must be just shilling or paid posts. You must take your own time to go for due diligence. Never believe into any internet strangers even in this forum; ranks and reputation scores are good way to identify right people here still account trading are happening here in hidden manner hence a newbie may hide behind a legendary account and may try to misguide you for their onw benefits.

Better do your own due diligence or else better stick within bitcoin and ethereum investments; as these are almost 99% assure for getting you profits. A defi may get you profits and may get you losses; equal possibilities.