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Bitcointalk Username: bigcash2011
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Twitter Username: @drhassanqazi
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Regards

This is indeed a nasty thing by the project owners and they should be careful as this can damage their reputation as well because the top serious investors do keep each and every aspect in mind and not all investors can be fooled by the team. So if they will lose serious investors then they will more in loss than profit.

This will also hurt the reputation of TrustSwap and jeff as they were claiming to provide fool proof security and locking of liquidity to avoid rugg pulls and scams but even after locking by trustswap still hatch dao guys have been able to scam which is a big question mark on the claims of trustswap platform as well.

I have always said that mostly private sale and pre sale or anyother special offerings by team to big investors are the real cause of the dumps. I have seen people getting as high as 10x below the mainsale price so what do you think a person getting instant 10x will not take profit by dumping large amounts of tokens and crashing the price?
Selling by hunters also causes somewhat dumps but the only way to avoid that is paying in other coins.

DeFis are mostly still in their early stages we can expect to see better and more professional platforms in next 2-3 years.
Till then developers need to come up with better interface. Fool proof security, better products and services. More options to make money safely.
At the moment risks like scams, smart contract bugs, fake stats or fake promises are damaging the sector so the good projects should make sure that they come up with a better paltform.

Although such btc tokens are already available but still it is good that big projects are launching  support products to really make it easy for everyone to take advantage of the defi ecosystem in a hassle free way.
All these developments will help in the adoption of defi as  everyone will be able to make some returns on their holdings.

If this hacker is not caught and he is able to cashout the stolen money then more people will be encouraged to do so and every exchange will be under threat so it is very important to track and punish this hacker otherwise vulnerability can increase.

Nice to see the overall defi market is still growing and the other positive thing is that only quality and established defi projects are getting deposits while low quality projects are being ignored by the market.

Obviously dexes are the future but at the moment amm based instant swap dexes are dominating everything while traditional dexes like forkdelta and idex are struggling as well. So looks like this trend will grow especially because of the money making aspect of these dexes.

It is useless to invest in or hold stablecoins like usdt or others, infact you can hold usd cash in your hand that will be better because you are not investing or making a wise decision by holding stanlecoins.
To be part of crypto market and take advantage of it you have to invest and hold crypto coins like btc, eth etc. The volatility of the coins is where the beauty lies and have changed many people financially.

All this is due to hunters blindly following each and every campaign, I have also seen such campaigns couple of times and i think hunters should unite in this case and pressurise the team to stick with original plan otherwise report those people for fraud everywhere. So that others will not exploit hunters in future.

Interesting project, it seems to be a seperate project from origin protocol's OUSD because initially i thought they were same. I have not checked out obyte so who are the people behind? How is the previous performance? What is their reputation in the market and how safe is to make deposit on their platform. I think these questions need answers before risking our money.

Personally i am not a fan of nft tokens especially that represent art or memes because i just do not find much practicality about them.
Recently only project with dynamic supply and that covers both the defi and nft sector is called dego finance, the project and their token is doing really well and i think the idea of token burn with each transaction is truly revolutionary and i think its a killer deflationary model that has the potential to really take the token price up with reference to time and usage.

I am always of the view that new projects and tech should be encouraged, yes, if someone sees critical errors, red flags or has evidence of scam then he/she must report to the community otherwise just damaging the project for small personal gains is plain fraud.

I do not think calling all members trash or crap is the right thing to do especially if you are the community manager.
These telegram groups represent the projects communityand there are many newbies and passionate investors that want to see price to grow quickly and there's nothing wrong in it.

As an Ethereum supporter and longterm holder i want to share the news that Ethereum has entered the last phase of Eth 2.0 testnet which means that after the satisfactory results of this final testing the developers will be ready to launch the mainnet.
And if that goes through fine we can expect eth to go oarabolic so next couple of months are going to be really exciting especially for Eth fans.

You are very right and the community should boycott such bounty managers but the problem is that now they create new id for a new project bounty with the name of the project to hide themselves so it is difficult to point out who is the manager.
Also i agree with you on the reward and i think there should be a minimum reward and that should be decent enough keeping in mind the time, the effort, the internet/data, electricity, the depreciation of devices used  by the hunters. So my personal estimation is that the reward amount should not be less than $200 per month of work.

Many new projects simply want to benefit from the defi trend and looks like they are really cashing in as people are chasing every new project.
Regarding no product, I have seen new projects even without any website or whitepaper and 90% of these projects have anonymous teams and all this seem to done in a hurry to take advantage of the trend.
Unidapp looked good initially, I liked the design and graphics on their website but only time will tell how they come up to be, as many projects have been doing good on uniswap so we would have to give some time to unidapp and if someone thinks that it is a suspicious project then he should avoid investing.

As far as your concern about the uniswap airdrop, I think it was given in UNI tokens so technically even if we say that everyone cashed out so only UNI token should have been dumped because of everyone selling and cashing out.
But personally i think this airdrop has supported the market because most of the sellers have bought their favorite coins like btc, eth and others.
As far as the market dump is concerned it was technically due so just wait for the market to take turn and continue its journey.

There are many projects already working on decentralized internet and to convert the whole infrastructure and world wide web data into a decentralized structure from the current centralized system. It makes perfect sense and if these projects succeed, hopefully, then the future for blockchain and crypto will be even brighter and so it will be for DeFis.