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I heard a lot about DeFi, more than about the POS of ETH 2.0 coming. However, I have not had the opportunity to experience DeFi much, I have never even used crypto payment.
Many people understand that DeFi is Lending & Borrowing, and I think this is the main activity that has made DeFi such strong growth in the past 6 months.
Have you ever Lend & Borrow in DeFi? Or how did you experience DeFi? Trading on DEXs? Invest in ICOs/IEOs? Please share your experiences about DeFi.

Staking on liquidity pool is the trend on DeFi right now. I mine Sushi token before using my AMPL stake and the daily profit is very good. The only problem is the volatility of token price itself, Due to many whales mining it, the tendency of the token to be dump is high because there’s a lot of new token generated daily and added to the supply. In general, Defi is very profitable if you know when to exit but definitely not recommended for newbie because you might suffer a 50% loss overnight if you bought the wrong hype coin.

I have tried that and in my experience if everything gone very smooth. i have used compound as the best platform to do lending or borrowing. I have also traded on the various dex especially UNISWAP.
I have also invested in IEO called serum and made a very good money from there. Defi is a financial platform that built from the public crowdfunding.
Some defi has created a new way to farm the token without need any blockchain or consensus. There was a lot of scam defi too and you must be careful.

This experience on some of the Defi projects are not palatable. For example, Hotdog from 4000$ to 1$ , Sushi 13$ to 2$, the deflation is crazy. Interestingly, some have been sustained like SNX Compound. Let just keep watch

There are many projects who market themselves as DeFi, it's obvious not every one of them will have the same quality. I don't think it's fair to generalize and say all DeFi projects are similar - some have real use cases and are built on solid fundamentals, and some are not.

DeFi goes beyond the level of Lending & Borrowing to the extent that you can do anything you want as with any other cryptocurrency. DeFi is how many new projects come about, by integrating the Ethereum network, so you could either trade using DeFi based coins/tokens or you can be involved in private ICOs/IOEs.

It really is a matter of you knowing what you want and finding the right people to guide you there.

Of course there are a lot of projects that use defi because many are interested now, maybe everyone knows that a project that uses defi will definitely have a good price and will be high if it's already on the market, because everyone must have seen it with several projects that use defi to be  very good at their exchange.

The DeFi craze started as a genuine interest and excitement about the wast potentials and opportunities of decentralized finance, but it quickly turned into a microcosm of insane speculations and gambling, especially with the latest trend of yield farming. I am holding some strong DeFi projects that I believe in, but I really try to avoid those ridiculously risky investments aka YFI clones.

Yeah the volatility is crazy it feels like a pump and dump coin although the developer might not intend it to happen that way and seeing the services offered actually pretty meh because it's basically just making traditional finance more modern by automating here and there. The main worry about investing to these platform is that the risk in price volatility outweigh the profit generated by staking.

Your experience will be mostly sad if you dont do some research, I mean got to their site, most of these are forks but the shitcoins just fork dont improve anything. Look for something that wants to improve here is a good example https://fiscus.fyi/. This has not been hyped why? All these absolute shitcoins gets paid shills and its all hype

it also happen in other defi  project .there are one defi  project that increase to 50$  and now back to 5$ I forgot  the name of this coins. But it can awaken those people who also want to try to invest in defi projects its too risky and you may lost higher than what you are expecting to get return.

I have no much experience with DeFi project, but a few months ago I choose DeFi's project as my investment place and yeah I got a good result in it. I can tripple my money just in two months, maybe it could be happen in another coin beside DeFi project but I can include it that DeFi project is promissing place for investing at the current situation. Don't know what will happen next with this system but I just be honest that I'll never put my money for long term investment in this project.

I know DeFi regarding Lending and Borrowing in the financial sector. But I haven't used this DeFi technology before, I just follow my trends. So that you can maximize the existing hype for profit. To use DeFi technology, I never wanted to try it.

DEFI comes in many different forms, but the current trend is borrowing and lending. This method helps some people make huge profits, but many people lose money. The reason is that scam projects have sprung up after the success of YFI.
I have had a bad experience with DEFI that buying them is expensive, the value of projects is volatile. DEFI is becoming a gamble, be wary of them.

When I read about the volatility of Defi projects, I cringe to my bones I was depressed when I read of a token - Hotdog that dropped from $4,000 to $1. It simply shows that Defi is more of a gamble than investment. I know several persons have made it big with the Defi Hype, but many more have lost a lot especially the small traders and low earners.

I have no experience in Defi and it's my fault for not fully understanding the Hype Defi,
but reportedly many of the Defi ICO projects are scams? I was wondering, will this be a bubble for bitcoin again? interesting

My experience is just holding DEFi Tokens and Staking them as well. Staking isn't really this much profitable when the tokens are being dumped just as what is going today. Its the same thing as any other tokens, if you have dumped the right time while the price is much higher the more profit. I lost Some ETH now for providing collateral. I will try just to hold the DEFI tokens for now, SNX will be preferred.

Personally I didn't face any issue with DeFi coin.I have received some Oikos coin which is DeFi project from bounty and I have traded them now and then.And I have been profited a lot from this coin.And I have invested in DIA coin also.And now I am in profit.But everyone knows that DeFi coin investment is not for everyone .It can make you rich overnight as well as poor.DeFi coin investment is hell of a roller coaster ride.Just look at YFI coin.It has increased so much that nobody can think.On the other hand some DeFi project has tremendously decrease which makes  the investors in disaster.So I think everybody should invest on DeFi as much as they are wiling to loose.Its a very very risky to invest in DeFi.

I missed all the hype around Defi. I did not buy any coins. the only coin I bought was Oikos because I participated in the bounty campaign and I was watching the development of the project.

For me personally, I have never tried or invested in any DEFI project, although in the short term it might be profitable but I don't dare to try it because it's a high risk. I would rather watch this crazy Fomo than take part in it. I thought this kind of hype was fleeting and wouldn't last.

My DeFi journey began with the Maker DAO. Then I found out about Uniswap, 1Inch. I have taken and issued loans, added liquidity. I'm currently participating in yfi sushi and studying DeFi on the Tron blockchain (sun and pearl).

It like Staking on liquidity on defi means. many projects are now using Daffy because they know that around this time investors are willing to invest in Daffy projects. Some of its key features are that almost all Defy projects are formatting 2x-3x dividends very easily. Many investors think that almost all defi projects are the best and as when they're enter the exchange market then token and volume increase lot of even it's like called profits for everyone.

Decentralized lending is the basic concept of Defi projects but in reality it is still not going to become possible like extreme high fees for the defi transactions and if the value of that token went deep down after investing then the complete system will get collapsed.