DeFi - Tron Financial Ecosystem (September 2020)

[masterrex]

I think TRON base Defi projects is a good alternative because the Ethereum Network gas problem is out of control and also its good for the Industry to promote healthy competition between different Blockchains since Tron Network has stable transaction speed and cheaper fees I believe it's a wise choice it doesn't matter if the ideas already exist in some point for me all that matters is the reliability of the Network to confirm any transaction with minimal speed and cheaper transaction fees. 

[Furious 7]

I think TRON base Defi projects is a good alternative because the Ethereum Network gas problem is out of control and also its good for the Industry to promote healthy competition between different Blockchains since Tron Network has stable transaction speed and cheaper fees I believe it's a wise choice it doesn't matter if the ideas already exist in some point for me all that matters is the reliability of the Network to confirm any transaction with minimal speed and cheaper transaction fees. 

But enthusiasts of the Tron network are still inferior to the Ethereum blockchain network, look at now that many DeFi projects have sprung up using the Ethereum network even though gas costs are out of control but there are many enthusiasts compared to the Tron network and are developers really not thinking about costs even though Tron is cheaper and faster than Ethereum?
However, DeFi's development will continue to increase and now there are several projects that use the Tron network which is a good sign also with the intense competition in the DeFi industry.

[zasad@]

The Tron shows us how fast a decentralized ecosystem should work.
The Ethereum ecosystem is now paralyzed by high fees and this frightens off many investors, because there is no point in buying tokens for $ 100-500.
Because commissions for buying and selling can be anywhere from $ 50 to $ 150.
In the coming year, we definitely do not expect Ethereum 2.0 with support for smart contracts, so the situation will not change, and Tron has every chance of luring other projects to itself.

[el kaka22]

Let's be honest investing with ETH is not as bad as people make it out to be. You could basically pay about 2-3 dollars and get it done, considering it saw as high as 12 dollars that is not bad at all. And frankly if you can't pay from 2 to 10 dollar range for just investment cost, what are you even investing?

You probably shouldn't invest to begin with, we are in crypto world, we are not trying to make 3% profit and leave, we are here talking about investing into something brand new called defi that is high risk asset that could either go down and be zero or even turn out to be a scam but with an upside if it is good it could x10 and more, I rather not care about the few bucks I spend while I am investing into something so majorly risky to begin with, this is not an exchange.

[jacafbiz]

All these copy-cats DEFI projects on Tron won't end well, some of them are obvious scam. The issue I have with Tron developers is that he wants to become jack of all trade, if you want to be a blockchain be one and try to be the best chain in the space, not just jump on anything in vogue. I imagine Vitalik offering Vital Defi, people will jump on it but he will lose the narrative with time

[Abiky]

All these copy-cats DEFI projects on Tron won't end well, some of them are obvious scam. The issue I have with Tron developers is that he wants to become jack of all trade, if you want to be a blockchain be one and try to be the best chain in the space, not just jump on anything in vogue. I imagine Vitalik offering Vital Defi, people will jump on it but he will lose the narrative with time

That's certainly true, mate. Most "De-Fi" projects on the TRON blockchain are simply an exact copy of those available on Ethereum. While the vast majority are a scam, there are some that are quite legitimate. What TRON needs is prominent developers working on it to provide new "De-Fi" platforms for the mainstream world to use. The blockchain may be scalable but it lacks mainstream adoption. Ethereum is still the winner in the "De-Fi" space because of its widespread use worldwide. As long as this is the case, TRON will remain as an alternative than a replacement of the Ethereum blockchain.

I'd expect new "De-Fi" projects to come up eventually on the TRON blockchain. At least, we have a much more scalable version of Uniswap on TRON dubbed "Justswap". With TRON's little to no fees and near-instant transactions, exchanging one token from another becomes a seamless task. I personally find Trontrade and Justswap to be extremely convenient for exchanging tokens without middleman. TRON's scalable design, allows these platforms to be far superior than their ETH counterparts. They can also become comparable as centralized exchanges in terms of performance. If mainstream adoption grows for "De-Fi" on TRON, expect prices to explode on the market. Otherwise, everything will remain the same. Just my opinion