DeFi Projects

[lizarder]

A lot of people are predicting that the DeFi space will be the catalyst of the next bull run, projects like Maker and Compound have been hugely successful recently and many DeFi projects have performed brilliantly in the bear market.

Name the projects you're excited about in the DeFi space and why you think they will be big..

I'll start with an ICO I've recently invested in called Bidao. BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup. In the beginning, BiDao will be completely integrated with the Binance Blockchain and BNB will be used as the collateral. In the future other Blockchains will also be integrated into the BiDao ecosystem.

They are founded by Bastian Aigner who is young guy with a solid tech background and strong education. He reminds me a bit of Vitalik, some people are so smart it's like they are operating on a different level to everyone else and he is like that.

You should be extra careful, as you said DeFi is hyping the public, thats enough to trigger scammers to using this to their advantage in reeling in their investors. Whered you get information of this new project?

I have started to see Defi scam projects in this market, they are taking advantage of this hype to steal investors' money. So be careful with your investment decisions, do your research carefully before you want to invest in it.

yes true, in a few weeks I saw more than one DeFI exit scam, but here on average DeFi scam has a little pattern,first is a token with a low supply,second is a team problem that is not loaded by Scam DeFi, the rest they are an exit scam when the token is hitting the top so if you find a token like this as much as possible don't try to bet on buying it, and hope to sell it when the price is very high.

[xOdiumNostrumx]

It will be just a matter of time until the dump follows, AMPL is already down significantly and others will follow. Expecially those with gains of over a few thousand percent within 1-2 weeks will soon feel the impact of the sellers. If there ever was a bubble in cryptos, the current behaviour of DeFi is the best contentder for one.

I really would not put AMPL in the same category with other DeFi hard hitters as it is pretty much an experiment in elastic supply token economics, an experiment that most of AMPL buyers were ignorant of, so the whole thing collapsed pretty quickly. I am not saying that other projects in the DeFi scene cannot follow this rapid collapse, but it is much less likely.

[Nancyo]

To me the DeFi projects is like a time bomb waiting to explode and many people will be burnt by time, Yes DeFi is doing very well at this time but I just wish that people should not be so greedy and try to cash out when they can't and also be on the look out for scammers that will use the DeFi opportunity to scam people with fake projects

[Betterlife123]

Defi hype , they are some interesting project , not all are scam.
Dyor and be careful.

[SistaFista]

Indeed, DeFi project is the catalyst of the current market.
Just looking from the volume and price, we can see many people has gone into cryptocurrency and making some volumes.
I hope the DeFi projects will bring real products that can be massive adopted by people, investors will get profit and won't disappointed.

[lobo13hf]

Defi hype , they are some interesting project , not all are scam.
Dyor and be careful.

It's not all of defi projects but some of them were scam projects dude. Did you aware about the latest project that has already called as YAM and CURVE? those projects have already made the early investors loss almost 90% from their initial price. that's something that must be avoided.

[bct_ail]

Would like to throw some play money in. Has anyone a recommendation for a coin?

[lousie9]

yes, the Defi project has caught the attention of crypto users. In the last few days I have read an article that there is a Defi project that ends in a SCAM. if I'm not mistaken, the YAM project and maybe there's more that I don't know about. In this regard, I am afraid that new investors will darken their eyes after learning that Defi investing is profitable quickly. I wish someone was more careful before investing in any DEfi project.

[Inkdull]

Make profits from DeFi projects and zip up, a word is enough for the wise ones, DeFi up trend won't stay alive forever, always remember that, everything is about opportunity and opportunities don't stay around forever, be smart

[winterted]

Defi hype , they are some interesting project , not all are scam.
Dyor and be careful.

The same. 

[BitunaTeam]

Total transparent, true decentralized and auditable Defi which works for 3 years without any mistakes is https://ethereumgold.io/
You can enter and exit when ever you want.

[Kezacky]

If you look at the current trends in the cryptocurrency market or go with the flow of the market, I see that the cryptocurrency community is very interested in the Defi project. but I don't really know whether the Defi project is really giving investors a green signal or a red signal? I honestly have doubts about Defi.

[intelligentdude]

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[soulripper]

If you look at the current trends in the cryptocurrency market or go with the flow of the market, I see that the cryptocurrency community is very interested in the Defi project. but I don't really know whether the Defi project is really giving investors a green signal or a red signal? I honestly have doubts about Defi.

The hype from Defi projects will be not last long and now it look like red for me. But still a good Defi project will exist as we speak. A really good Defi project will push cryptos market up but for now i see just a lot of scam Defi projects out there. Not worthy at all to joined as Defi projects more like a ponzi scheme now.

[vesper188]

What about Dia ?

[bct_ail]

What about Dia ?

No clue. Can't you tell us? 

[imstillthebest]

I almost didn't noticed that this thread was created few months ago but what have said here did came true because defi did became the main attraction now on this space and I believed that defi has some contribution on the latest bullish trend that we experience on other cryptos . I'm not not familiar about the two defi projects that you mention and those two project were successful ? How come when they aren't popular as the yfi , oikos , yam and others  or maybe the defi itself are not that popular before .

What about Dia ?

No clue. Can't you tell us?  

Lolol .

[Think Crypto]

I think defi bubble. Defi is no future. Many people agree with me

[Davian144]

The hype from Defi projects will be not last long and now it look like red for me. But still a good Defi project will exist as we speak. A really good Defi project will push cryptos market up but for now i see just a lot of scam Defi projects out there. Not worthy at all to joined as Defi projects more like a ponzi scheme now.

It would be very dangerous for everyone if most DeFi projects could be like the current ponzi scheme, because some people in crypto currently still believe in new DeFi projects, especially if there are giveaway programs from them, automatically some indirectly. would be tempted by such things.

[fauxLes]

A lot of people are predicting that the DeFi space will be the catalyst of the next bull run, projects like Maker and Compound have been hugely successful recently and many DeFi projects have performed brilliantly in the bear market.

Name the projects you're excited about in the DeFi space and why you think they will be big..

I'll start with an ICO I've recently invested in called Bidao. BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup. In the beginning, BiDao will be completely integrated with the Binance Blockchain and BNB will be used as the collateral. In the future other Blockchains will also be integrated into the BiDao ecosystem.

They are founded by Bastian Aigner who is young guy with a solid tech background and strong education. He reminds me a bit of Vitalik, some people are so smart it's like they are operating on a different level to everyone else and he is like that.

Looks like you were right. I like fiscus.fyi. They are brand new and promise more stable yields. Also give me a chance to get in early before its $40k a token like yearn.