What will DeFi's Future look like?

[phucdt]

Some current DeFi projects do not have such a thing called "Governance". It will fall very soon after the hype goes by.

I can't wait to see what they can bring us in 2021.

[Kong Hey Pakboy]

Defi future will looks like ICO feature. There will be something new and HYPE that will be more popular after defi

I also think that DeFi projects would end up like ICO projects. Investors nowadays would only invest their money in popular and hype projects because it is the only thing that would help them gain a considerable amount of profits, instead of investing their money in a project that is not promising, so when something comes up that is more promising than DeFi, they would definitely end up the same as ICO projects.

[electronicash]

Some current DeFi projects do not have such a thing called "Governance". It will fall very soon after the hype goes by.

I can't wait to see what they can bring us in 2021.

there are just defi projects that we can't identify whether scam or not. this is why its best to just stick to the ones already working like the Uni. Defi is really a good development as added to the Dex, we just need to be careful which to invest.

there is one varation they are developing but its almost just like defi still which is the Open Finance.

[awakpane]

In my opinion, DeFi will be the solution for the future of the financial system, despite its advantages and disadvantages as a savings and loan mechanism. DeFi will continue to create new innovations that will make digital financial transactions easier. Because basically, Defi is here to be a solution to financial problems around the world.

[Traderbtcc]

In as much as there's no longer much hype about DeFi anymore we can't deny the fact that DeFi in 2020 was a blast, but there have been alot of cons attached to it, we have seen devs dumping hard on the investors, also due to the huge recognition DeFi got during those months, scammers came in like they did in the time of ICO's and made off with millions, so many investors lost hugely in those scam projects, I know nothing is 100% guaranteed but DeFi isn't the solution we need.

Defi are the future of crypto. With no middleman and a small service fee, exchange, trading and all sort of banking would be just more easy, beneficial and productive for everyone. Total decentralization maynot be all in one solution against bank but they'll eliminate many of the banking functions. And rest would be captured by centralized exchanges. But not all of these Defi would make it to the future, to be real I don't think any of the current defi would be future proof.

DeFi was good at the start, but now it's something else i'm not really sure any of this current DeFi will survive in the future, most of their tokens are just pump and dump nothing special about them, DeFi might just end up dying like ICO's in the long run.

[phucdt]

So, in conclusion, DeFi is good for "farming" money but not stable at all.

The bubble will soon burst.

Bitcoin breaks 20K is a sign that people are getting back to the "origin" of cryptocurrency. DeFi tokens will be taken down sooner or later, and people will get back together with their old friends: Bitcoin and altcoins.

[el kaka22]

I am not sure what could be the future because it all depends on what people do with the technology however I know that people are pretty much in love with the idea of not having any centralized organization in between of this. I get that blockchains are decentralized and bitcoin is decentralized but the way we use bitcoin is not decentralized at all, it was highly centralized because we all used billions of bitcoins on centralized places.

Now with the decentralization we are finally using crypto on no organizations platform which is why it was loved so much. Plus there is a lot more money to be made from this as well, it allows people to profit from just having it and that is something centralized projects do not have. This is why this new defi craze will probably not end because it gave power to people and not the project creators.