Defi hype is still not over as we can observe in social media a lot of projects still promoting to attract investors. This is to warn other people not to invest quick and better yet invest with real products that offer profit. A lot of people get scam these days because of not having diligence first before investing.
because of its hype, so many people take an advantages in a bad way to create the scam DeFi projects. most of the projects will promise us with a real product, but in the end they scamming so many investors. there are some legit DeFi projects that created some real products in the past. but, it's hard to find some legit projects now, even after we did some research and find it carefully.
It is need to be realized, there are still DeFi based project that can provide profits but just like any other projects investors needs to do their research and not just to invest without doing the right research. Scammers are just there waiting for their next victim, if you have proper knowledge it will lessen the chance of being victim.
As long as there's potential to earn there still investors that are willing to take the risk.
