I am curious about people's opinion of DeFi projects and coins

[FrozenBit]

I found this article in Forbes over the weekend and it got me to thinking: If we are seeing articles in Forbes that means Decentralised Finance is reaching the eyes and ears of the masses. Question: Have you heard of DeFi?
If you have heard of DeFi, do you think its going to disrupt the multi-trillion dollar financial service industry or do you think its going to implode and destroy itself? Or do you think something in between those two polar opposites.

I also always questioned myself that it was created instead? dose that right? Basically, between DeFi and CeFi, it has its own good and bad points, so what we want with the current financial system. So i think there will be irreplaceable that between DeFi and cefi will combine to bring people the best services and products.

[1715206737]

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[Elite70]

DeFi are so popular and in demand right now,why? Because more people are earning through staging and farming defi tokens and they're really gaining great returns from it. Just like me, I already farming XGT/xDAI on xdai chain and on Honeyswap. Very low gas fee with less than $0.01 /TX. check it here.

Xion.finance/farm

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

[Arkann]

I take DeFi Yield Protocol projects very seriously as well as Kingswap. Of course, only $ DYP has performed well to date, as my capital has increased two and a half times thanks to the investment, but with regard to Kingswap, I am still pending the project.

[JNR]

they will be the finisher of this bull marekt. most of this defi project and exchange is scam.
be aware of scam.

indeed, thats why if we want to make a good profit, we should think about risk and try to ignore unknown defi project
wich mean invest only in the real defi project with serious dev team my friend

[tippytoes]

they will be the finisher of this bull marekt. most of this defi project and exchange is scam.
be aware of scam.

indeed, thats why if we want to make a good profit, we should think about risk and try to ignore unknown defi project
wich mean invest only in the real defi project with serious dev team my friend

Or better yet, ignore the Defi market at all and invest in btc or eth, at least you know, these projects are real. You can only count in your fingers those real DeFi projects and you need to study them first. Most DeFis are in beta, just look for DeFi project that is already up and working. As many of them have already exited, it just demonstrates that DeFi hype is now slowing down and we are seeing the true color of this hype. So if you want to go into defi, maybe just go for real project like LINK or UNI.

[Clement Kaliyar]

Basically, between DeFi and CeFi, it has its own good and bad points, so what we want with the current financial system. So i think there will be irreplaceable that between DeFi and cefi will combine to bring people the best services and products.

I am always confused with these new Jargon, what is CeFi. I am yet to identify what special package these DeFi is giving where the centralized financial system is not providing. All i can see is high interest loans and everyone thanking the DeFi platform for that, i can get better deals with government and other centralized loans. May be in the future we might see some changes but now i am still confused with the implications other than just jargon .

[Vinaa77]

I like DeFi because we can get passive profit investing in these altcoins. The return given is high depending on which altcoin you choose to choose. maybe for people who don't really know what DeFi is, I will give a review
https://www.coindesk.com/what-is-defi But behind that there are still conflicts regarding DeFi because many complain when following Liquidity the transaction fees are higher than the result

[avarnet]

I like DeFi because we can get passive profit investing in these altcoins. The return given is high depending on which altcoin you choose to choose. maybe for people who don't really know what DeFi is, I will give a review
https://www.coindesk.com/what-is-defi But behind that there are still conflicts regarding DeFi because many complain when following Liquidity the transaction fees are higher than the result

If we are interested in the liquidity in DeFi, it requires a lot of capital. because once we add to Uniswap the transaction fee we pay is high. and true as you say. many are not interested if the liquidity level is already high due to the fees and capital that must be spent on a large amount. but on the other hand, we cannot deny that DeFi is currently what many people are interested in

[RealMalatesta]

Coins are currently included in the most defi project in the market almost all the projects are running under the defi name and many of these tokens have been very lucrative since they came to the new market. I also chose to invest but stopped trading because the fee was too high at first their condition was good but later they were scammed due to low quality most of the exchange sites are locked but many traders are more confident in defi projects.

The reason why those defi projects became so much better than the other ones and why it has been profitable is the fact that regular coins before the defi project were all ruled by a team, and even if there is a team right now they do not have any control or power, hell there is "governance" tokens that basically leaves all the rights to the token holders as well, if the team holds most of the tokens they are still running it so it is not decentralized but if they don't? They are basically giving the people who are making the decisions.

Long story short I do not think that it is a hype, it is not some bull run, it is totally a permanent change where regular tokens without any decentralization at all will be gone and people will not use them except maybe a few of them, because that should how crypto should have been anyway, it should have been decentralized from the start.