As my hobby , nowadays im studying about new defi projects. So i found several NEW defi projects and all of them are used defi liquidity pools to
provide various financial services in real world . I think thats fine , And then i studied about their team members and future plans and their whitepaper and their telegram group activity etc...
1) And One of the prject have mensioned that we can get an instant loan by tokanizing and collateralizing our assets ...
Is that TRUE?
2)And my 2nd question --> How much in percentage
do you trust about the projects having good telegram group activity and the team ?
3)And
have you get an Instant loan before by tokenizing your asset ?
4)and my last question -->
Have you invested before defi projects like this ---->
https://thetoken.network/ [This is only a one project , other projects are also same like this as i mensioned before]
I prepared to answer all the questions simultaneously. YES! I was already invested in Defi liquidity pools (Yield Farming) but it's very unfortunate that my first investment is not growing because the liquidity pools of that project are not doing well.
Out of frustration, I was pulling out my investment in 2 pools (ETH and USDT) with that project pools.
And put it to other Defi projects, and luckily in the second time, it's working and gaining some profit.
But honestly, speaking I'm not yet tried to get a loan and set my asset as collateral but maybe I will try it also. if time will come.