#PROOF OF REGISTRATION Forum Username: Akoldi_ibk Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1414023Telegram Username: @kineticmass Participated Campaigns: Twitter, Telegram Ambassador, Telegram, Medium, Article and Discord ETH Wallet Address: 0x608Fe5Dd6Ee360EDE7D4E5d9d0859e0327AF82Fe |
|
|
|
|
The real DeFi are the ones you listed above with summary of what they offer, and not just two to a week old smart contracts without even a website calling themselves DeFi. The hype will definitely go down and then, we know the true DeFi. But for now, allow those who want to ride the hype do so in peace.
|
|
|
|
|
It is not peculiar to crypto industry alone, it is a common trait everywhere. Once there is a huge success with a project or a product, like the case of YFI, copycats will spring up with different twist and tweak to entice unbothered investors. Scammers are seen on every corner looking for victims. The crypto community should be careful of Y family. Not all are with good intentions.
|
|
|
|
With the owner of Sushi withdrawing over 20k ETH worth about $8m it is a sad thing to Defi. The completely genuine one are taking the hit with bzrx losing over 1$ to hit back at 0.5$ . I see the whole hype fading away soon.
Yes, I agree with you. The whole hype is fading away and people are learning the hard way. Moving forward, everyone will be more cautious before considering any DeFi. On the other hand, I think this saga will put to test the DeFi projects with only the genuine ones surviving the waves. |
|
|
|
|
#PROOF OF REGISTRATION
Bitcointalk Username: Akoldi_ibk
Telegram Username: @fusarium
Participated Campaigns: Twitter, Facebook and Reddit
|
|
|
|
|
Bubbalex is doing fantastic right now with management of bounties. He is very professional, calm and always follow up till the distribution is done. He takes his time and doesn't take up more than what he can handle. I commend his management so far and the bounty community look forward to seeing another bounty from him.
|
|
|
|
|
YUNO Finance, yfrocket, gum finance and I can name them all that have ran away with people funds within few days of launching. Many people don't even take into consideration the basic principles of identifying a genuine project. Once Y or DeFi is mentioned in the description, people rush in with full force thinking every Y will perform like YFI and YFII. The crypto community is losing it. We are definitely heading to the wrong direction and the end product won't be nice.
|
|
|
|
|
DeFi is the big thing for this crypto season and everyone is trying to take advantage of it including scammers. I was surprised when big exchanges were listing the Y family at no cost just for them to have their own share of the cake. There are genuine DeFi projects making their marks in that ecosystem and that have been around for some time now. Whereas there are others with just two weeks of hype claiming DeFi. Care must be taken for whoever wants to have his share of the cake because everything can disappear into thin air in no time.
|
|
|
|
|
Looking at some projects that are nowhere to be found or are dead today, what killed most is bad and illogical decisions made by the team. Not that they are not excellent enough to make progress or increase in value, but greedy team with bad intentions turned investors funds to dust. 3 year lock period is not healthy for any investor. Not sure any value will be left after this 3 year.
|
|
|
|
|
What I observed this year is that the developers and investors including the community base are only after listing on exchange simply to dump their bags of tokens. Despite the obvious that the project is yet to launch any product or they just launched a unless app or are not at all ripe for listing, they mount pressure for listing. No volume will build up from any unplanned listing. And again, picking exchange with low trading volume or user base or exchange with low reputation and known for fake volume is a sure dead route for such project. No liquidity will be built up from there.
|
|
|
|
|
Show Posts
