I am wacthing flare finance for defi project because it is looked legit project to me, another defi i am willing to out the money in to is Hakka finance, the reason is the funder well known by ethereum community especialle in vietnam and asia
I do agree with flare finance as it was using XRP to build the hype but I could not agree with hakka finance to be used as a big bet.
I have checked hakka and there's no a lot of activities happened with its development progress. It seems like the volume of hakka will be going down even deeper. people started to move into the legit coins rather than still betting into the defi coins right now. The defi hype is over.