DeFi Projects

[leea-1334]

Maybe, you're holding to those DeFi projects which are in DeFi space before starting the hype of it and it's best to participate only those. Like what you said, is the reality of DeFi market and more users are getting into those projects because of fomo and nothing else. Eventually, the hype of DeFi will downtrend and every hyped projects will become shit one. It's just about time, IMHO.

Yes,,, it is really right now impossible to distinguish good projects from bad because literally every token is again exploding in value,,, regardless of just how useful they are WITHOUT marketing partnerships and promotions. FOMO like you said and we are back in the good/bad old days of ICO in 2017.

[Elite70]

Hello everyone, I want to invest in DeFi Dapps. Can anyone please give me some advice on which DEX is the best to do Farming (LP) any Tokens with a very low gass fees.

Hey there, there are some DEX that is available in the market like Uniswap, sushiswap , Honeyswapand etc. Not a finantial advice but I am presently farming XGT/xDAI at Honeyswap DEX. I think honeyswap is one of the best in space not only because of their low gas fees but also being a cross- chain capability. You can check them here:
https://Xion.finance

https://info.honeyswap.org/pair/0xB2B15DaE735e52CA0902824570Bd2458d78672f8

[Daltonik]

The Furucombo team reported that the attacker compromised the proxy server of the DeFi project, the damage amounted to about $14 million in Eth and ERC-20 tokens https://twitter.com/furucombo/status/1365743632460910593

According to The Block researcher Igor Igamberdiev, the hacker used a fake contract, which made Furucombo decide that Aave v2 has a new implementation. This made it possible, when interacting with this DeFi protocol, to transfer approved tokens to an arbitrary wallet and gave a list of assets withdrawn by the hacker  https://twitter.com/FrankResearcher/status/1365740713334493192

[MCobian]

When compared to ICO projects, I prefer DeFi projects, especially when I invest in several DeFi projects from 2020 to now. And managed to get
a sizeable profit from DeFi projects. I invested in Chainlink, Uniswap, Compound and Maker. I hope DeFi this year can return to the hype like in 2020. Unfortunately now the price of all DeFi is going down following the falling price of Bitcoin. But I believe that once the Bitcoin price recovers,
the DeFi tokens price will recover too. So right now I can only wait patiently.

[iTradeChips]

When I first read this thread, the one thing that came into my mind is one word - marketing. Clearly the OP is marketing that he thinks his bet when it comes to the DeFi projects. I am really familiar with the said project or thing as I am only concentrating my energies toward Bitcoin. The only reason why I am participating is because of the way the project has been introduced in the very first post. But since it is being discussed right now, better do some reasearch and see if this is worth investing.

[Daltonik]

In terms of the value of blocked funds, Uniswap passed ahead of the DeFi platform PancakeSwap, the value of blocked funds in the PancakeSwap protocol based on the Binance Smart Chain (BSC) exceeded $4 billion, while Uniswap has this figure of $3.73 billion.

[bct_ail]

In terms of the value of blocked funds, Uniswap passed ahead of the DeFi platform PancakeSwap,

PancakeSwap is not DeFi! Binance is not decentralized! It should be called CeFi. But the market gives a shit about it.

[Daltonik]

In terms of the value of blocked funds, Uniswap passed ahead of the DeFi platform PancakeSwap,

PancakeSwap is not DeFi! Binance is not decentralized! It should be called CeFi. But the market gives a shit about it.

Yes, now all that on the Binance Smart Chain proclaim themselves Defi projects here is another of them project Meerkat Finance was suspected of exsit scam, where a day after the launch, hackers allegedly withdrew assets of $32 million (13.96 million BUSD and 73,635 BNB)

[SUPERSAIAN]

 was actually guessing I that the defi projects would grow like this and still this movement continues.There are a lot of rug pull projects lately, new entrants need to pay much attention.And the hackers have turned their eyes away.Some projects can be tried with small amounts, but very risky

[Daltonik]

Pancake Swap reported that it may be under DNS hijack attack and does not recommend going to the Pancakeswap site until they are sure that everything works as it should, as well as projects Pancake, Cream, etc are under attack, cz_binance reports on its twitter

[Daltonik]

The developers of Cream Finance and PancakeSwap confirmed that their dns was compromised and asked not to enter private keys and seed phrases on their sites

[angrynerd88]

These days a slant of Defi ventures but too it ended up difficult to select legit and commendable Defi extend so legitimate reserchis needed.Defi ventures too on center of programmers and as of now most well known extend hacked so ought to watch out some time recently investment.sometimes, they are utilizing it to pick up more for dump and pump. Have you seen what is happening in Dex right now,Investors or dealers who will begin without any information will endure from it.Basic instruction is must some time recently getting in any venture.

[Daltonik]

The volume of assets blocked in DeFi protocols exceeded $80 billion and reached $82.57 billion according to the data https://defillama.com/home, Defi Llama includes a group of tokenized bitcoins in the final value. There is $42.6 B in the Ethereum TVL network, according to the data https://defipulse.com/

[bogdalanadelrey]

DeFi projects are so underrated! I was researching on YouTube and found the channel that explains what is DeFi, possible future of it and perspectives. Those guys from PeakDeFi opened my eyes, DeFi will be so popular in a couple years, so better invest now. All we have to do is to look for great promising projects, invest and hodl!
PeakDefi is a cool one, their PEAK will be launched on OKEX soon and they already have Binance SC staking, so now is the best time to join.
https://peakdefi.com/

[Daltonik]

According to the DefiLlama service, the total value of frozen assets (TVL) in the decentralized finance sector has exceeded $100 billion for the first time.

[ttcsalam]

Compound DeFi projects blown me away unexpectedly, who would have thought that DeFi will be this big? Well it's never too late, I still find it hard to believe that DeFi can trigger the next bullrun though but in time we will know for sure, it seems investors have more interest in decentralized Finance projects and that's a good thing

Market is run by a running trend so i think now investor is trying to invest on defi project.and NFT so every one can invest Defi will lead market after some day.i will try to invest on new defi project.

[Impala8_]

Totaly agree that Defi is underrated, btw If we're talking about Defi projects I suggest PeakDefi, it's a pretty good one.
I was a beginner when I came to PeakDefi, they are making educational content on YouTube, so I was watching their vids
No doubt DEFI is our future, NTF and DEFI!
So I picked PEAK for the start, now I'm into big projects cuz I watched their content a year ago, great boys
Found out they will be listed on OKEx and bought more
+ NFT's in september
+ they have their PEAKDEFI wallet app, but staking is not available yet
+ bsc staking
https://coinmarketcap.com/ru/currencies/peakdefi/
https://play.google.com/store/apps/details?id=com.peakdefiwallet&hl=uk&gl=US

[devollito]

The catalyst of bull run in this phase is DeFi and NFT, look how NFT project growth everyday. DeFi also have a good did. And now we probably can see DeFi for bitcoin like Stacks and Sovryn. Ethereum DeFi take so much fees. Now is time for Bitcoin DeFi, BNB and Polkadot.

[RockCryptoWorld]

DEFI GANG
look at PEAKDEFI cool project
OKEx listing soon
BSC staking is live and NFT's in September 

[Impala8_]

DEFI GANG
look at PEAKDEFI cool project
OKEx listing soon
BSC staking is live and NFT's in September 

peak is doing great