Most of the projects tagged as "defi" are nothing but scam shit today, though "defi" as a technology itself has a lot of potentials, but just like some one already said here, there are lot of abusers of the system today and this is one of the reasons why defi hasn't gone far from where it is today.
Dude have you ever done any research? There are a lot of good and promising defi out there, yet sadly, the
'ideology' of projects nowadays had been affected by the past drastic incident where almost all of the project published in this forum was turned onto scam. DeFis are good in its general purpose. Yes, it could and would be use by those scammers that would take the popularity of such systems astheir advantage. But still, justifying almost any defi projects isn't reasonable at all. Better look at these dozens of listed defi coins that is already popular on the market:
https://coinmarketcap.com/defi/Btw, Defi or non-Defi, almost all the altcoins are scam and shitprojects just copying the same idea and doing partnerships with one another lmao. Have you seen any coin survive against their btc(sats) value in the long term ? All of them are pump and dump
Even ETH is crap I'd say lol. (pls dont hate me for this ,hah!).
You're likely to loose money if you invest anywhere and forget, you have to be updated each day in crypto to survive.
Aren't all proposed projects back in 2018 and mid 2017 are more likely to be justified as a scam? Well, have you heard the success of Uniswap, not only its exchange but also their platform's initial token. Also, have you remembered that even Binance coin back then even gets some hate and false accusations? I mean, every existing platforms nowadays started from public offerings and project publications. How come that there had been tons of listed projects yet still the stereotype exists?