My problem with this DeFi's remains the copy and paste of idea, new DeFi that are coming into the market are almost with the same idea, you wonder what's unique they bring to table for investors.
The part I dislike about DeFi is when team go anonymous, why hide if you're sure about your idea, come to front and raise proper funds, if you are once an influencial, either ICO, presale or IEO way, funds will be raise in short period of time or within minutes by whales if your idea is top demanding.
Please watch out for project with anonymous team, they are highly risky as anything can happen especially when they aren't properly audited.
True. If you have joined one, its like you have seen it all. Although there are different kinds of defi like lending, swapping and synthetic assets, they are all connected when they all meet on each roadmap they have. But what is alarming though is the defi scam projects because they are swarming the space.
We can see their websites are just too simple that it doesn't have anything in there. No github nor documentation and if this is how they make it transparent, I don't think it will really be legit. Some of them will just stay for awhile before running with the funds.
