VoskCoin (OP)
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December 12, 2020, 11:03:32 PM |
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Decentralized Finance made some crypto investors millionaires, but is DeFi dead now? Uniswap liquidity has been falling and DeFi rug pull scams worth millions of dollars keep adding up. Let's review DeFi! Subscribe to VoskCoin - http://voskco.in/SubEclipseum the new DeFi token ECL! http://voskco.in/ecl20https://www.youtube.com/watch?v=McLZLli3NQgWhether you wanted to or not, you heard about DeFi and decentralized finance in cryptocurrency this year. DeFi has largely revolved around Ethereum, but some other projects with a lot of money are still trying to break into DeFi like Binance and their Binance Smart Chain, and Tron, and even Cardano ADA are funding new DeFi projects to build on their blockchain! However despite all of this the most popular decentralized exchange, ever, has lost a ton of liquidity, and in DeFi and DEXs liquidity largely implies success and real usability. Are the anonymous developer DeFi rug pull scams that are still running rampent the cause of the death of DeFi or is DeFi simply going to evolve, and remain a leader in the Bitcoin Ethereum Crypto space?? Let's review DeFi and if DeFi is still profitable! Links! Uniswap the biggest and best decentralized exchange - http://voskco.in/uniswapGitcoin grants funding thousands for DeFi - http://voskco.in/git0xCompound and Uniswap exploring grants to build DeFi - http://voskco.in/2hvRUniswap liquidity plunges without UNI pools - http://voskco.in/POJUDeFi is coming to Cardano ADA - http://voskco.in/ada9Compound Finance is incredibly NOT profitable lol - http://voskco.in/comp0xMonitor Ethereum transactions fees TX fees - http://voskco.in/ethtxwhiff dai or YFDAI here's the VoskCoin YFDAI review - https://www.youtube.com/watch?v=Wmbv4Vb1t1I⏰ Timestamps ⏰ 00:00 - 01:20 Is DeFi DEAD? 01:21 - 02:00 Headlines regarding DeFi's death 02:01 - 03:05 What do the numbers say? 03:06 - 03:58 Has the bubble popped? 03:59 - 05:50 Current state of the DeFi market & liquidity pools 05:51 - 06:56 Earning crypto on Compound & Crypto.com 06:57 - 08:30 YFDAI's crazy growth 08:31 - 09:14 Eclipseum showcase 09:15 - 12:15 Grants & expansion into the DeFi space 12:16 - 12:40 VoskCoin Grant updates 12:41 - 13:23 Balancing support & producing content 13:24 - 14:41 Final Verdict - Is DeFi really dead? VoskCoinTalk the VoskCoin forum - http://voskco.in/forumVoskCoin Facebook - https://www.facebook.com/VoskCoin/VoskCoin Reddit - https://www.reddit.com/r/voskcoin/VoskCoin Discord Server Invite - http://voskco.in/discordVoskCoin Twitter - https://twitter.com/VoskCoinVoskCoin Instagram - https://www.instagram.com/voskcoin/No ref links or affiliate links in here bitcointalk mods VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.
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cryptonx
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Futurov
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December 13, 2020, 08:17:31 PM |
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no, defi isn't dead because The DeFi crypto market cap is $17.78B, and over the last day the marketcap is increasing about 7.34% thats mean defi is not dead check the detail here https://coinmarketcap.com/defi
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takngantuk
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December 14, 2020, 04:01:20 AM |
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no, because until today the trading volume of all Defi projects is still quite large. maybe lately there have been many problems with Defi, many Defi projects have been hacked and have suffered losses. but see today people still have hope in Defi. so I thought Defi would never die.
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Cherylstar86
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December 14, 2020, 05:12:39 AM |
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no, because until today the trading volume of all Defi projects is still quite large. maybe lately there have been many problems with Defi, many Defi projects have been hacked and have suffered losses. but see today people still have hope in Defi. so I thought Defi would never die.
Unpredictable market will have no given signs that we should leave or pursue our aims in trading. With Defi projects don't give up and let's continue to reach that goals that we're looking forward. One day everything will have profit, but it needs a lot of patience before everything will be gone normal for every finances that we've been struggling through.
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leea-1334
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December 14, 2020, 06:10:13 AM |
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I always had a poor view of DeFi and that has never changed,,, in fact only worsened with all the rugpulls as you point out. But like ICOs,,, they will not die instantly they can only take off higher with more people coming in. This will last many months more.
P.S. Doge Dad, I actually only read that now even though I have seen your other threads. May I ask why you open so many threads? Why not just one single thread and update it every now and then when you have this new issue?
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nomenclatur
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December 14, 2020, 10:22:11 AM |
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Not yet, the Defi project is still active but only a few are able to hold the price of the Defi project. The average current price of the Defi project is falling and it makes investors disappointed because the price drops so fast and there are also some Defi projects that make the price low when listing on the exchange it made the price even lower than the initial selling price, which made the Defi project less attractive for now.
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ololajulo
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December 14, 2020, 10:49:13 AM |
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The correction could be bring lasting solution to some challenges in Defi,more people are beginning to to look into Defi but in a careful way. Improved DEX are coming out with intent of low transaction fee, better DEX interface, Simpler transaction process, better loaning and interest, better Farming and security. If this level is found, confidence of traders and investors will bring a reliable Defi community
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aemma
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December 14, 2020, 06:54:29 PM |
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Well, I don't think DeFi is dead because of two reasons; first there are still upcoming DeFi projects every day where some are good enough to reach their aim in public sale and secondly, there are still Defi projects which are working till date with good volume and marketcap. However, when looking at the status of Defi projects before and currently, there is a lot of differences which one might look at and think that DeFi is dead; first is, a good number of DeFi projects have been hacked and many exited scam, secondly the DeFi hype has fallen a whole lot wherein most upcoming projects are now see for what they are, that is, projects with little or no use case. Hence my own opinion is, Defi is still around, not dead and many will still come up, hence before investing try and study them to know if they are worthwhile.
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Beparanf
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December 14, 2020, 07:20:49 PM |
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The correction could be bring lasting solution to some challenges in Defi,more people are beginning to to look into Defi but in a careful way. Improved DEX are coming out with intent of low transaction fee, better DEX interface, Simpler transaction process, better loaning and interest, better Farming and security. If this level is found, confidence of traders and investors will bring a reliable Defi community
This is not correction. Many DeFi project turns to scam which results to fear. Many investors already lose tons of money on this kind of pump and dump scheme. This is same scenario to 2017 ICO madness that suddenly died after scammer enter the same boat and destroy the crypto Community by creating fear using scam ICO. Lots of DeFi project is just a copy cat of each other like yield farming and elastic supply concept. Only few DeFi project might survive but the majority of the existing DeFi project will surely die on this market collapse.
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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December 14, 2020, 07:42:06 PM |
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Vosk is doing great thanks to youtube money but sometimes I feel like he creates topic names or video names more likely, just to get attention. I understand that he needs to be watched and viewed and that is why he does this, but the reality is that we should not really look for getting more and more views just with clickbait titles.
Look at defi world right now for example, it is as lively as it gets and it is making as much profit as you could hope for, with the defi systems giving people staking or other methods of passive income as well I do not think that people will stop investing into it, I get that it may look that way to some people because the huge hype is gone but we are at a sustainable level where it is still quite very valuable and profiting a lot of people.
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tabas
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December 14, 2020, 08:53:14 PM |
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About to be. Some of them are already having their exit plan executed by making it look that they've been hacked or some bugs run through their platform and withdraw the fund out of their economy. Soon and very soon, most of them are to be gone and there will be those strong and relative Defis that will stay. It's the same as other altcoins that have remained tough and yet, many of them have been forgotten.
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JumangiMan
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December 14, 2020, 09:53:29 PM |
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Defi dead? Common! oviously no. But there is few problems in the current defi mechanism which can be solved with the help of new defi gem - https://peanut.trade/Peanut is a set of smart contracts that automatically balance prices after each trade to help LPs earn more and reduce slippage with no manual effort. With Peanut, 90% of the LP liquidity goes directly into the Uniswap pool. The other 10% goes into the Peanut protocol, to serve as a price balancer.The current Uniswap model requires LPs to supply 100% of the assets they wish to pool in a single transaction, with a 50/50 weighting of each token based on a respective market value of each asset. Once the LP has supplied these assets to a Uniswap liquidity pool, they are at the mercy of IL, and are particularly prone to large buy and sell orders that will move the market price.
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2double0
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December 14, 2020, 10:16:13 PM |
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It isn't dead but has opened doors to scammers to scam innocent people with their fake and non-sense schemes. And I do not think that there are more days left for the survival of DeFi and it will get buried with its projects the way all the old categories got away with the money of good people.
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stomachgrowls
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December 14, 2020, 11:50:03 PM |
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Vosk is doing great thanks to youtube money but sometimes I feel like he creates topic names or video names more likely, just to get attention. I understand that he needs to be watched and viewed and that is why he does this, but the reality is that we should not really look for getting more and more views just with clickbait titles.
Look at defi world right now for example, it is as lively as it gets and it is making as much profit as you could hope for, with the defi systems giving people staking or other methods of passive income as well I do not think that people will stop investing into it, I get that it may look that way to some people because the huge hype is gone but we are at a sustainable level where it is still quite very valuable and profiting a lot of people.
For you to monetize then these typical clickbaits will be expected thats why i do read up first everyones comment before tending to click out any links Not to be bitter for someone to make money through views but it would be always ethical to deliver the right side of things without having that deceptive manner. DeFi is dead? Cant blame out people who do have this kind of impression now and if we do based or look on what currently the defi market is been doing then it turns out that the hype is gradually getting lower which isnt surprising but somehow there are indeed projects which are really worth to engage on.
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Dollar_Hunter
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COMBONetworkio
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December 15, 2020, 12:23:16 PM |
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Defi is not dead, in my opinion what has died is the interest in the Defi project, because many of Defi's projects have now become nonsense, yes scammers are also in the Defi project, making Uniswap the home of the Defi scammer project, of course this is what makes DeFi's name bad.
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shoreno
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December 15, 2020, 04:37:15 PM |
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Defi is not dead, in my opinion what has died is the interest in the Defi project, because many of Defi's projects have now become nonsense, yes scammers are also in the Defi project, making Uniswap the home of the Defi scammer project, of course this is what makes DeFi's name bad.
What's the difference ? If people have no interest on defi , defi will continue to fall one by one and will end like an ico and defi actually started and also compared similar to ico that we got back days . There still defi that are standing strong and those are the original or the defi's with real purpose . scammers are everywhere so expect that they will appear in the defi field and since its decentralized scammers loved it .
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Lhaine
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December 15, 2020, 04:38:13 PM |
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Defi is not dead, in my opinion what has died is the interest in the Defi project, because many of Defi's projects have now become nonsense, yes scammers are also in the Defi project, making Uniswap the home of the Defi scammer project, of course this is what makes DeFi's name bad.
Another reasons is there are also many defi project that advertise here and turn to be scam .so how people will trust that program if they know that there are many scam defi that already in the market that even promoted here. they even listed their tokens first in uniswap, before making a sale .thats why many think it's a good coin to invest or to join bounty because they can easily trade it. But the bad news is this is only a way to sold tokens to investors. if they can find a way to review each of every defi project then that's the only way to be back all the trust of investors to invest in them.
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Silberman
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December 15, 2020, 05:54:15 PM |
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no, because until today the trading volume of all Defi projects is still quite large. maybe lately there have been many problems with Defi, many Defi projects have been hacked and have suffered losses. but see today people still have hope in Defi. so I thought Defi would never die.
What is happening like always is that investors are putting their money in coins with no value and scammers realizing this have began to release all kind of useless coins so they can invest in them and then scammed them, it is the sad reality, this means that over the long term interest in DeFi projects is going to drop down dramatically, however the few good projects that remain are going to get incredibly popular but it is unlikely that we are ever going to see an interest like the one we saw during this year.
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Wahyuihib
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December 15, 2020, 06:00:43 PM |
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Seeing from some of the prices of crypto projects that use the Defi system, they still have high demand. because DeFi is a big step forward to democratize access to financial products, even though it carries huge risks due to unaudited smart contracts. but for now defi is still the top choice for crypto users
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pealr12
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December 15, 2020, 06:33:11 PM |
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Defi is not dead only the hype has really reduce from what it use to be in the beginning, when new trend is out it is usually the case until people had their fill then the popularity will slowly be dropping, The constant hack on defi platform is another reason for defi hype to dwindle.
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Sirait
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December 15, 2020, 08:41:34 PM |
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^ @OP, maybe this is just your feeling. DeFi transactions are still very large, this makes ETH gas fees very high. what you mean is dead maybe just a saturated market, maybe many investors are moving to Bitcoin because the price of Bitcoin is rising.
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krisnajsadrak
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December 15, 2020, 08:47:07 PM |
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^ @OP, maybe this is just your feeling. DeFi transactions are still very large, this makes ETH gas fees very high. what you mean is dead maybe just a saturated market, maybe many investors are moving to Bitcoin because the price of Bitcoin is rising.
yes, a lot of money flow from defi to bitcoin, and thats make the defi market look quite, but the facts defi still alive i believe only few defi project with bad performance will dead soon or later my friend
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lepbagong
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#SWGT PRE-SALE IS LIVE
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December 17, 2020, 10:47:40 AM |
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^ @OP, maybe this is just your feeling. DeFi transactions are still very large, this makes ETH gas fees very high. what you mean is dead maybe just a saturated market, maybe many investors are moving to Bitcoin because the price of Bitcoin is rising.
yes, a lot of money flow from defi to bitcoin, and thats make the defi market look quite, but the facts defi still alive i believe only few defi project with bad performance will dead soon or later my friend It is natural that currently bitcoin is at its peak, many are switching to bitcoin but that does not guarantee that all will do this because with a high bitcoin value it is wiser to look for other tokens because with bitcoin rising then it should be a good token. will increase too. Likewise with defi should still run well if he is good, because the boost of bitcoin will also make everyone including the defi project will be lifted. but defi is still in trouble because of the many scam projects that make investors afraid to go there, but I agree that defi is not dead and is still going well and there are still many successful. there must be an immediate improvement if you want to remain and exist.
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Lorokan
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December 17, 2020, 11:34:22 AM |
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DeFi (Decentralized Finance) is not dead; it is just under the radar at the moment which is not strange. The large and huge crowding, hypes in crypto currency is normal with new platforms, blockchain and tokens. Now that is hype is over; this is the time to identify the true strength of DeFI which to my opinion is not that great. I do hope defi can live to expectations, but it is not dead.
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rodskee
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December 17, 2020, 12:26:11 PM |
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Looking towards the Defi Projects that made a real Huge run last couple of months? i think what you asking is True and DEFI may not be dead totally but this is dying now and won't be able to come back like what ICO season does years back. Look how they perform in this Bullish market? While the majority of currencies are Pumping Greatly yet DEFI's only goes a little Green and Red at the same time.
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slaman29
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December 17, 2020, 12:29:20 PM |
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Seeing from some of the prices of crypto projects that use the Defi system, they still have high demand. because DeFi is a big step forward to democratize access to financial products, even though it carries huge risks due to unaudited smart contracts. but for now defi is still the top choice for crypto users
Huge demand, but most of it completely unsustainable. As soon as the increased incentives/rewards go out and run out, and maybe it won't for a year or so, these models have nothing else to sustain themselves because people always always move on to look for better profit. DeFi is good and the concept's amazing but the way their models are currently playing out, no way long term.
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kotajikikox
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December 17, 2020, 02:46:18 PM |
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Defi is still Alive but the thing is are they still competent in market growth?this is the much important question to be answered. Looking towards the Defi Projects that made a real Huge run last couple of months? i think what you asking is True and DEFI may not be dead totally but this is dying now and won't be able to come back like what ICO season does years back.
Look how they perform in this Bullish market?
While the majority of currencies are Pumping Greatly yet DEFI's only goes a little Green and Red at the same time.
I also monitored this ,i was expecting more Pumping from their end because Defi started this bull couple of months ago before the XRP followed and then EThereum and Bitcoin. But seems to be no in this direction defi is facing.
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atjiat
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December 17, 2020, 04:04:31 PM |
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There will definitely be no such excitement in the market among DeFi projects as it was six months ago. But nevertheless, today some projects still continue to develop and have good prospects. At least I am interested in the DeFi Yield protocol, which provides quite large opportunities and services for its investors.
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devollito
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December 18, 2020, 03:32:19 AM |
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DeFi will be death when it is lost trusted from people because of many DeFi scam DeFi project, in fact many DeFi use same sourcecode. DeFi will be survive if we can counter those DeFi scam project. People love it because DeFi is self custody and we can access our fund from anywhere in the world, also people does not trust Bankster anymore. We will see only 2 - 5 DeFi will be survived with a lot of fund locked there.
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TravelMug
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December 18, 2020, 04:35:41 AM |
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DeFi will be death when it is lost trusted from people because of many DeFi scam DeFi project, in fact many DeFi use same sourcecode. DeFi will be survive if we can counter those DeFi scam project. People love it because DeFi is self custody and we can access our fund from anywhere in the world, also people does not trust Bankster anymore. We will see only 2 - 5 DeFi will be survived with a lot of fund locked there.
Not only scams, but they have been hacked, resulting to money lost to investors. So if you are a wise investors, then you will not let your money lock because there's no way that you can get it back once it is being hack. And lately we have heard a lot of breaches also, flash loans attack because the source code is very weak. And hackers will able to find some weaknesses and then one day you will just wake up that some group of hackers have stolen millions of dollars again.
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Btc_1856
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December 18, 2020, 07:00:35 AM |
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Defi is a very amazing system, how come? yes because this is the economic system of the future, and making DeFi become popular, indeed what makes DeFi image bad is a scam project, therefore we have to justify this, DeFi is not Dead, DeFi is the beginning new era.
That's why we should always watch closely the defi project, otherwise, we might lose our money. Every Defi project will be successful, but based on the activity and TVL they are generating will help them to get a reputation. In the beginning, we might see very few companies will survive in the long term.
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Bvvvp009
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December 18, 2020, 07:09:24 AM |
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Decentralized Finance made some crypto investors millionaires, but is DeFi dead now? Uniswap liquidity has been falling and DeFi rug pull scams worth millions of dollars keep adding up. Let's review DeFi! Subscribe to VoskCoin - http://voskco.in/SubEclipseum the new DeFi token ECL! http://voskco.in/ecl20https://www.youtube.com/watch?v=McLZLli3NQghttps://i.imgur.com/jTwzbTY.pngWhether you wanted to or not, you heard about DeFi and decentralized finance in cryptocurrency this year. DeFi has largely revolved around Ethereum, but some other projects with a lot of money are still trying to break into DeFi like Binance and their Binance Smart Chain, and Tron, and even Cardano ADA are funding new DeFi projects to build on their blockchain! However despite all of this the most popular decentralized exchange, ever, has lost a ton of liquidity, and in DeFi and DEXs liquidity largely implies success and real usability. Are the anonymous developer DeFi rug pull scams that are still running rampent the cause of the death of DeFi or is DeFi simply going to evolve, and remain a leader in the Bitcoin Ethereum Crypto space?? Let's review DeFi and if DeFi is still profitable! Links! Uniswap the biggest and best decentralized exchange - http://voskco.in/uniswapGitcoin grants funding thousands for DeFi - http://voskco.in/git0xCompound and Uniswap exploring grants to build DeFi - http://voskco.in/2hvRUniswap liquidity plunges without UNI pools - http://voskco.in/POJUDeFi is coming to Cardano ADA - http://voskco.in/ada9Compound Finance is incredibly NOT profitable lol - http://voskco.in/comp0xMonitor Ethereum transactions fees TX fees - http://voskco.in/ethtxwhiff dai or YFDAI here's the VoskCoin YFDAI review - https://www.youtube.com/watch?v=Wmbv4Vb1t1I⏰ Timestamps ⏰ 00:00 - 01:20 Is DeFi DEAD? 01:21 - 02:00 Headlines regarding DeFi's death 02:01 - 03:05 What do the numbers say? 03:06 - 03:58 Has the bubble popped? 03:59 - 05:50 Current state of the DeFi market & liquidity pools 05:51 - 06:56 Earning crypto on Compound & Crypto.com 06:57 - 08:30 YFDAI's crazy growth 08:31 - 09:14 Eclipseum showcase 09:15 - 12:15 Grants & expansion into the DeFi space 12:16 - 12:40 VoskCoin Grant updates 12:41 - 13:23 Balancing support & producing content 13:24 - 14:41 Final Verdict - Is DeFi really dead? VoskCoinTalk the VoskCoin forum - http://voskco.in/forumVoskCoin Facebook - https://www.facebook.com/VoskCoin/VoskCoin Reddit - https://www.reddit.com/r/voskcoin/VoskCoin Discord Server Invite - http://voskco.in/discordVoskCoin Twitter - https://twitter.com/VoskCoinVoskCoin Instagram - https://www.instagram.com/voskcoin/No ref links or affiliate links in here bitcointalk mods VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make. DeFi is not Dead but the hype around it is definitely Dead, AMM is what we need right now, true decentralisation in Decentralised industry.
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darewaller
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December 19, 2020, 04:31:01 PM |
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Vosk loves to make these kinds of videos. But if you check him out, you will see that he shares defi all the time, even on his recent video he talked about a new airdrop of a new defi for example. Do not be worried about defi, because that is a whole new sector of crypto world which means there will be ones that will be awesome and there will be ones that will be horrible, so it is not just one big brush to paint them all same colour, you can't do that, you can't say "is defi dead" because there are some who are dead, there are some who will die, and there are some who are good, and there are some who will be awesome.
So you can't just say defi like it is one thing, it is a thousand different projects and each of them have something different within itself.
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suzanne5223
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December 19, 2020, 10:39:19 PM |
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Defi is a very amazing system, how come? yes because this is the economic system of the future, and making DeFi become popular, indeed what makes DeFi image bad is a scam project, therefore we have to justify this, DeFi is not Dead, DeFi is the beginning new era.
DeFi is the beginning of a new era and it proposes new financial opportunities but if no legitimate framework is put in place to scam investors from DeFi scammer, investors won't trust every DeFi investment just like they stop investing in ICO and such thing happened DeFi will be dead.
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Stedsm
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December 19, 2020, 11:09:09 PM |
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How can you call it "dead" when all the tokens under this category are still trading? I'm having some bzrx which is also a DeFi token, how can it be dead? I believe that the non-sense tokens which got hyped too much are pretty much settling lower this bull run because they were hyped hard before this actual bull run and so, such tokens are now being overlooked and won't be entertained as this party is for some really good tokens.
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Hamphser
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December 19, 2020, 11:17:46 PM |
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Defi is a very amazing system, how come? yes because this is the economic system of the future, and making DeFi become popular, indeed what makes DeFi image bad is a scam project, therefore we have to justify this, DeFi is not Dead, DeFi is the beginning new era.
DeFi is the beginning of a new era and it proposes new financial opportunities but if no legitimate framework is put in place to scam investors from DeFi scammer, investors won't trust every DeFi investment just like they stop investing in ICO and such thing happened DeFi will be dead. We would really expect for another trend after this DeFi hype.Yes, it does have some significant relevance but this is only just good for those legit projects and the rest are just totally some trash that are trying to jump off on the same trend just like on what we had saw into those ICO days where this market had been flooded out by lots of shitty projects which did really cause of losing soo much trust for them to get funding or support. I don't know if this kind of impression or views would stick out to DeFi market because if we do try to look at then the current hype about it is starting to fade away.
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bitkanu
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December 19, 2020, 11:44:18 PM |
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^ @OP, maybe this is just your feeling. DeFi transactions are still very large, this makes ETH gas fees very high. what you mean is dead maybe just a saturated market, maybe many investors are moving to Bitcoin because the price of Bitcoin is rising.
It's not so high as it was before. Defi is not dead yet but it not getting the type again. People are still prefer investing their money into the legit coin like bitcoin or the new ICO coin like the graph. the pump will always become the main thing that can attract the buyers to move from the old place.
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rodskee
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★Bitvest.io★ Play Plinko or Invest!
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December 20, 2020, 02:59:52 AM |
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DeFi will be death when it is lost trusted from people because of many DeFi scam DeFi project, in fact many DeFi use same sourcecode. DeFi will be survive if we can counter those DeFi scam project. People love it because DeFi is self custody and we can access our fund from anywhere in the world, also people does not trust Bankster anymore. We will see only 2 - 5 DeFi will be survived with a lot of fund locked there.
Not only scams, but they have been hacked, resulting to money lost to investors. So if you are a wise investors, then you will not let your money lock because there's no way that you can get it back once it is being hack. This is not what most of us understand ,they think of the safeties but the truth is this is very vulnerable and can even manipulate by insider . so the more you look for safetiness is the more your funds are at risks. And lately we have heard a lot of breaches also, flash loans attack because the source code is very weak. And hackers will able to find some weaknesses and then one day you will just wake up that some group of hackers have stolen millions of dollars again.
Well this is i believe the intention behind this project ,Luring the investors to make believe of their good profit and their funds are secure but we knew What a "Hack Me' can do .
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Reid
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December 20, 2020, 07:14:55 AM |
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^ @OP, maybe this is just your feeling. DeFi transactions are still very large, this makes ETH gas fees very high. what you mean is dead maybe just a saturated market, maybe many investors are moving to Bitcoin because the price of Bitcoin is rising.
It's not so high as it was before. Defi is not dead yet but it not getting the type again. People are still prefer investing their money into the legit coin like bitcoin or the new ICO coin like the graph. the pump will always become the main thing that can attract the buyers to move from the old place. I have been hearing a lot about that Graph (GRT) thing here and on social media. Is it really a damn ICO? Coz all I know is ICO doesn't get that much attention anymore. Hoping it's not just another hype and stays for good. Back to DeFi. I agree with bitkanu, it's not dead. It's there but not getting the attention it needs because all eyes are on Bitcoin now. Maybe after everything calms down then we could focus back on other projects under DeFi.
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lukikato
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December 20, 2020, 08:37:26 AM |
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defi isn't dead yet. but there are so many defi projects, even all tokens are all defi, not infrequently their projects don't develop, all please be careful with defi.
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Helpme_please
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December 20, 2020, 01:26:42 PM |
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I've seen many DeFi tokens that were increasing so it's not dead but the trend is over I guess. Bitcoin is trendy now I hope that in the next trend is the altcoins. I'm so excited to see the alt season after this Bitcoin rally.
trend changes now, attention to bitcoin and other major coins bigger than defi token. in this bullish trend better to hold major coins such as bitcoin ethereum binance and many others. not longer again we will see altcoin season , although actually some altcoin already start their moment.
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Silberman
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December 20, 2020, 08:31:32 PM |
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Defi is not dead only the hype has really reduce from what it use to be in the beginning, when new trend is out it is usually the case until people had their fill then the popularity will slowly be dropping, The constant hack on defi platform is another reason for defi hype to dwindle.
Like most the time it depends on what you mean, it is obvious that DeFi projects are going to keep coming out and once in a while a good one will appear so in that sense DeFi is not really dead, however if a person means by that that is hype around those coins is never going to be the same and that now even a larger amount of those projects is going to turn into a scam discouraging people to keep investing those projects then I think we could say that DeFi is dead.
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dunfida
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December 20, 2020, 11:19:00 PM |
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Defi is not dead only the hype has really reduce from what it use to be in the beginning, when new trend is out it is usually the case until people had their fill then the popularity will slowly be dropping, The constant hack on defi platform is another reason for defi hype to dwindle.
Like most the time it depends on what you mean, it is obvious that DeFi projects are going to keep coming out and once in a while a good one will appear so in that sense DeFi is not really dead, however if a person means by that that is hype around those coins is never going to be the same and that now even a larger amount of those projects is going to turn into a scam discouraging people to keep investing those projects then I think we could say that DeFi is dead. When talking about it literally and pertaining about existence then there would always be a new project that do comes out which means it isnt really dead and to think that even ICO projects now are still continuing or keeping to launch which basically tell that there are new projects that do really hope to get some market funding. When it comes to hype side then ICO and DeFi is already dead.There arent much interest that do came from investors it self. There might be exclusion into some projects which are really considered to be good.
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coindefi
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December 21, 2020, 04:23:36 AM |
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I don't feel that DeFi is dead. I feel that, like all other models, DeFi will have it's share of bad actors and good actors. Where one bad apple doesn't necessarily spoil the whole bunch, it makes many people look askance at the industry overall. But, there are still gems that have great products, teams, business models. It has just never been more important than it is now, to do your due diligence and dyor.
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minhtra
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December 21, 2020, 09:12:26 AM |
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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December 21, 2020, 01:15:02 PM |
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I don't feel that DeFi is dead. I feel that, like all other models, DeFi will have it's share of bad actors and good actors. Where one bad apple doesn't necessarily spoil the whole bunch, it makes many people look askance at the industry overall. But, there are still gems that have great products, teams, business models. It has just never been more important than it is now, to do your due diligence and dyor.
Not dead as in buried and extinct,,, dead as in no longer the get-rich-quick scheme it used to be considered. Same as ICOs in 2017. Same as POS coins and airdrops a year before that;) The normal cycle of purging that leaves healthy projects in place!
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TheGreatPython
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December 21, 2020, 04:48:20 PM |
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Defi will be around for a long time by the looks of it. The "scammy" feeling of defi is actually quite an attractive one, people forget that the thing people want is money and not anything else, as long as people has money and they could profit from it.
For example, there are staking or other things and you can join binance chain pools and cake and fuel and whatever else, basically all those things gives you a good APY return and investors love that, I have friends who are so much in love with these returns that they know in a year or two they are not going to make this much money, those coins will be long gone, but they still invest to it knowing that they are going to be doing fine for the next 2 days or so.
This will allow these defi projects to keep pumping up, maybe most of them will die but there will be a new one that people will be attracted to.
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ardentvolcanoes
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December 21, 2020, 05:06:14 PM |
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defi isn't dead yet. but there are so many defi projects, even all tokens are all defi, not infrequently their projects don't develop, all please be careful with defi.
Yes, it's not dead for now, but slowly DeFi will die if no one is interested anymore and nobody likes it anymore, because the DeFi hype is a trend this year and it won't necessarily be able to develop next year. Without investors support eventually everything will die naturally, all those hypes are already forgotten and those people who've been trapped to certain project are now moving forward trying to find new ways to invest and earn, it's no longer an interest for now unless there's project development that really gain the attention back to this venue of investment.
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el kaka22
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December 21, 2020, 05:14:00 PM |
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Defi as a whole will never die, same as ICO has never died nor IEO never died, they still exist to this day, but it kind of depends on what you mean by die. If you mean die as a method of getting funding, it may die one day that is for sure, because people will find a better way to get funding, but the projects will stay, and they will still be liked.
There were some projects that was ICO funded and they still exist at top levels today, there were some that got funded in IEO form and they still exist today, and all of them are liked as well, even though there were some scam ones in all of them, there were great ones that people love to this day. Which means DeFi will be gone one day too, and people will not use that as a funding method, but the good projects we have in the DeFi world will stay and it will still be loved after a decade passes by.
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TeraBite
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December 21, 2020, 05:18:42 PM |
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defi isn't dead yet. but there are so many defi projects, even all tokens are all defi, not infrequently their projects don't develop, all please be careful with defi.
Yes, it's not dead for now, but slowly DeFi will die if no one is interested anymore and nobody likes it anymore, because the DeFi hype is a trend this year and it won't necessarily be able to develop next year. Without investors support eventually everything will die naturally, all those hypes are already forgotten and those people who've been trapped to certain project are now moving forward trying to find new ways to invest and earn, it's no longer an interest for now unless there's project development that really gain the attention back to this venue of investment. DEFI is here to stay actually at the moment there is big FOMO of ongoing BTC's rally as smart money is taking their position and retail investors are waiting for the opportunity. This hurting the streak of altcoins rally and big investors already cash out their profit. But sooner DEFI will get start to grow like before but with more strength.
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CuriousGeorge
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December 22, 2020, 06:16:34 AM |
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But, there are still gems that have great products, teams, business models. It has just never been more important than it is now, to do your due diligence and dyor.
It's just like the ICO story when there will always be the trusted project while a bunch of scam projects will be dead. There have been legit icos still exist until today and then we have been seeing so many dead icos in the past. The new tech will need the time to be more matured. The rome was not built in a day and all of things will need the process.
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VoskCoin (OP)
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December 24, 2020, 04:09:55 PM |
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Thoughts on Badger and Duck?
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zonefloor
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December 25, 2020, 09:33:53 PM |
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frankly the burial is still not dead. When we start to think that he is just dead, hop is a new project detonating a bomb. This bull process will revolve around such tokens and platforms. You can still get beautiful kaars by following closely.
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electronicash
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December 25, 2020, 09:45:16 PM |
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defi is just starting, there are far greater things to be developed because right now we can see there are more platforms going to keep developing their own. the success of synthetix is an inspiration more alike projects will come, comverting dex probably.
time will come that it wil be like ICO days.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Nellayar
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December 25, 2020, 11:55:44 PM |
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The hype is dead already but defi coins are just starting to grow. Maybe, the market is on its way to adjust on current system of defi. There are many scam defi also exist and I think it will disrupt again the trend of defi. As of now, bitcoin dominance covers up the defo hype. But for me, defi is not yet over. It will probably sell to market players again once there is a good and potential project that will launch.
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Saisher
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#SWGT PRE-SALE IS LIVE
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December 26, 2020, 02:51:01 AM |
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I don't think it's dead and they are going to make their presence felt this 2021 the decentralized exchanges are going strong and they are very competitive, after UNISWAP more decentralized exchanges are coming backed by the top centralized exchanges in the industry, we will see more DeFi projects this 2021 but be careful not all that glitters are gold.
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as.exchange
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as.exchange
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December 26, 2020, 03:01:00 AM |
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I think DeFi was like dead-born child of ICOs packaged in a new fancy and attractive pink box. Yes, it surely benefited some, yes it surely will benefit some people to come in the future, but this technology got abused even faster than ICOs at a time, therefore, there's gonna be super limited adoption from mainstream and it will continue to live on its own as some people still in 2020 are trying to do ICOs/IEOs/TGEs/and those kinds of things.
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plr
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December 26, 2020, 10:33:00 AM |
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DeFi is still going to be the trend next year but before you invest or venture in these DeFi projects be sure you know how DeFi works don't just go for the hype or part of the domino that will go where the shills points you to go, do your own research it's your money you should be in control on where to invest.
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Xinarae*
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December 26, 2020, 10:43:22 AM |
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Many new ICO projects were added to increase the demand for crypto markets. But many ICO projects will not be able to survive at the top of the competition to pump them up quickly. DeFi projects are in a much better position. This DeFi project was included with almost every bounty campaign. Demand for defi projects is declining due to new scams and traders are not eligible to accept it, which is why DeFi has died. If the price of these tokens or currencies increases then there is a possibility of survival in the market.
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MUG1WARA
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December 26, 2020, 11:21:17 AM |
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defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before
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sulendra12
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December 26, 2020, 09:15:16 PM |
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defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before
And once the hype is over and no one cares about defi anymore, than that's the time for defi to "dead" same as ICO! It's just a same pattern and same scene on both scenarios, you should not be surprised about that. This DeFi project was included with almost every bounty campaign.
Most of them are just the fake ones. It's so easy to make a "DeFi" project with fake roadmap/teams etc. And until this day the amount of legitimate DeFi projects are decreasing rapidly due to these reasons.
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Hamphser
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December 26, 2020, 11:08:33 PM |
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defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before
After DeFi then we would might see another kind of trend which comes next to it. ICO-IEO-DeFi- These kind of trend wouldn't really be ending yet there would be always something new that would come out. DeFi isn't dead and so as with those ICO projects that still continuing to launch almost everyday but as expected where most of these things were just completely trash and useless. This is why we should really be careful into our investment decisions.
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as.exchange
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as.exchange
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December 27, 2020, 09:17:35 AM |
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After DeFi then we would might see another kind of trend which comes next to it. ICO-IEO-DeFi- These kind of trend wouldn't really be ending yet there would be always something new that would come out. DeFi isn't dead and so as with those ICO projects that still continuing to launch almost everyday but as expected where most of these things were just completely trash and useless. This is why we should really be careful into our investment decisions. You are very right. Unfortunately, both ICO and DeFi were good ideas and new models. But for ICOs it took almost a year or so to abuse this model. Then same happened with IEOs within months. And now with DeFis in less than 3 months already nobody with IQ of at least an average person, nobody takes them seriously. I am also pretty sure there will be new models and DeFi will be the same thing as ICO is now (or it is already is?). But the majority of smart and intelligent people won't buy into that anymore. If you wanna do public fundraising - go through traditional routes such as crowdfunding, crowdinvesting, etc. via regulated platforms that have established social proof over time. And anyone doing those things ICO->IEO->DeFi->new kind of scam, will be perceived as someone trying to do another HYIP but in crypto "souse"... Yet, there are billions of people who still don't know Bitcoin and DeFi especially, and with the hype around BTC, there will be new comers for sure who will be falling in those traps. That's why we decided never to create any kind of own token, do any ico, defi or something
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Japinat
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December 27, 2020, 12:20:02 PM |
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defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before
The attention now is on bitcoin, it's again making a new ATH while it left the altcoins market to be less progressive. But don't worry, this is just temporary IMO, when there's a FOMO, bitcoin will rise to the moon but it will eventually correct in time, so altcoins for now just give an opportunity when they are down, for De-Fi, I'm not touching them.
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rodskee
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December 27, 2020, 12:35:56 PM |
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DeFi is still going to be the trend next year but before you invest or venture in these DeFi projects be sure you know how DeFi works don't just go for the hype or part of the domino that will go where the shills points you to go, do your own research it's your money you should be in control on where to invest.
DEFI will still trend next year? have you Been checking the Defi tokens in market now? yeah this maybe a trend Next year with the Title ""DEFI SCAM" .. Lol I'm not saying that this is a scam but the way this comes and subside after a while? makes me think of another hype and will be a Big issue in the future. Why invest in Defi when there are already Ethereum and other Regular coins that is proven and stablished already.
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yohananaomi
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January 01, 2021, 12:15:40 PM |
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no, defi isn't dead because The DeFi crypto market cap is $17.78B, and over the last day the marketcap is increasing about 7.34% thats mean defi is not dead check the detail here https://coinmarketcap.com/defiYes, mate, defi is not dead, it is still there, as it is said, the market cap is still pretty good, but you really have to avoid the occurrence of many defi scam projects, because this potential is still visible and real, if it can't be suppressed then everything will happen. so it still has to be consistent so that there are not many people who are antipathy to the defi project in the future.
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oprahwindfury
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January 02, 2021, 04:34:14 AM |
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The adjustment could be get enduring answer for certain difficulties in Decentralized Finance,more individuals are starting to investigate Defi yet in a cautious manner. Improved DEX are coming out with goal of low exchange charge, better DEX interface, Simpler exchange measure, better advancing and interest, better Farming and security. In the event that this level is discovered, certainty of merchants and financial specialists will bring a dependable Defi people group.
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carlisle1
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January 02, 2021, 04:45:00 AM |
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It seems that DIFI has not died yet, but has returned to normalization. Just like IEO and ICO, when the heat ends, it will return to normal. I don't know who the hot spot will be in the next round. How about NFT, this is just my guess.
Not Yet ,But soon to be? After the Hype few months ago Now looks like most of Defi project that Pumps that day are slowly missing in action . No wonder after this year ,Big Issue will come and the Network will collapse . The adjustment could be get enduring answer for certain difficulties in Decentralized Finance,more individuals are starting to investigate Defi yet in a cautious manner. Improved DEX are coming out with goal of low exchange charge, better DEX interface, Simpler exchange measure, better advancing and interest, better Farming and security. In the event that this level is discovered, certainty of merchants and financial specialists will bring a dependable Defi people group.
Because there is no Good security in regards to the Network ,and Investors will realize that in future .
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anishprasla
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January 12, 2021, 12:09:55 PM |
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Did you know that SEC sued Ripple? Click on the link to read a time-saving brief of crypto specialists’ points of view. You can also contact them to take matters further! https://experty.io/sec-sued-ripple-best-comments
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imstillthebest
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January 12, 2021, 12:33:31 PM Last edit: January 12, 2021, 12:43:38 PM by imstillthebest |
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defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before
The attention now is on bitcoin, it's again making a new ATH while it left the altcoins market to be less progressive. But don't worry, this is just temporary IMO, when there's a FOMO, bitcoin will rise to the moon but it will eventually correct in time, so altcoins for now just give an opportunity when they are down, for De-Fi, I'm not touching them. this could be the reason why defi goes into silent mode because all eyes are in btc but btc didnt left the market . when btc left the market will die down but btc will also become valueless . altcoins are down but altcoins are already been in this state before btc fomo begins but this is a good extension for the investors that didnt have a cash on the past , now is their time to shine . aside from altcoins , defi are also down but lets try to be verry picky because defi is more dangerous than the altcoin
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lepbagong
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January 12, 2021, 01:13:48 PM |
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It seems that DIFI has not died yet, but has returned to normalization. Just like IEO and ICO, when the heat ends, it will return to normal. I don't know who the hot spot will be in the next round. How about NFT, this is just my guess.
It is true, even though it is plagued by many problems but for those that have been running it can still succeed even though many doubt it, it seems that all new forms of any system in crypto from ICO, IEO, Defi always experience things where there are troublemakers who use the opportunity to seek instant profit, so that it impacts everywhere. ICO alone is considered a success and can survive well even though it is also affected but it lasts quite a long time. miss the heyday of ICOs to repeat itself, where bounties can be very passionate.
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SyndicateLabs
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January 12, 2021, 01:16:43 PM |
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The news is too old, but i see many DeFi projects that are really dead because they cannot maintain their prices in the market. However this is acceptable because those projects are of poor quality, 2021 DeFi will be much different because projects have had time to prepare but i still hope there will be many projects that do not.
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minhtra
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January 12, 2021, 04:02:16 PM |
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VoskCoin (OP)
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January 15, 2021, 06:37:42 PM |
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IMO the biggest thing holding back DeFi are these ETH transaction fees O_o
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begau
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January 15, 2021, 07:02:12 PM |
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IMO the biggest thing holding back DeFi are these ETH transaction fees O_o
ETH transaction fees are part of the reason. Most importantly projects are being overblown and scams are too much.
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coinswebid
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January 15, 2021, 09:48:42 PM |
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IMO the biggest thing holding back DeFi are these ETH transaction fees O_o
ETH transaction fees are part of the reason. Most importantly projects are being overblown and scams are too much. thats why people must know how to choose the right defi project, if they don't to lose their money for the OP, i believe defi still alive
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SlimShadyMmp
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January 15, 2021, 10:41:00 PM |
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Very far from that I think DEFI standing strong is basically what's making the crypto space stand tall So many things I won't say all are moving and acting well base on defi
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crzy
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January 15, 2021, 11:53:53 PM |
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Very far from that I think DEFI standing strong is basically what's making the crypto space stand tall So many things I won't say all are moving and acting well base on defi
Exactly, DeFi is still doing great right now and some of them already reach its new all time high so I think they are really here to stay for good. Not of DeFi is good so you have to choose very well, but I’m telling you my holdings are doing great right now and I’m happy for that. The market trend will continue to go up, and good DeFi will join the trend.
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Kocret02
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January 16, 2021, 06:53:00 AM |
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defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before
because the scam definition factor can affect the reduction of enthusiasts in the defi. so I think right now there must be innovation from deFI if it is to be in a good position and attract a lot of popularity. because now the development of crypto is increasingly broad with the most recent concepts
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TastyChillySauce00
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January 17, 2021, 03:21:01 AM |
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Very far from that I think DEFI standing strong is basically what's making the crypto space stand tall So many things I won't say all are moving and acting well base on defi
Not so strong as it was before. Did you read how much money that has been stolen by the scammers through defi rugpul and that's a lot of money. People are only investing in defi when they know that's legit defi and it can be trusted. i have been actively discussing this on the defi search tele group and people became even more selective when it comes investing in the defi project. Defi is a part of a hyped trend by the crypto users. It can be another forgotten one.
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elisabetheva
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January 25, 2021, 08:24:21 AM |
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defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before
because the scam definition factor can affect the reduction of enthusiasts in the defi. so I think right now there must be innovation from deFI if it is to be in a good position and attract a lot of popularity. because now the development of crypto is increasingly broad with the most recent concepts maybe your opinion is correct, which must be fixed by defi. although we also have to admit that not all defi projects have failed, there are still many that have survived well. But the scam treatment that continues to occur in Defi greatly affects investors to refrain from wanting to join the Defi project again. so now it is up to our individuals to sort out which ones we can follow and not.
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freedomgo
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January 25, 2021, 09:46:48 AM |
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DeFi not dead, you can say it's dead if there's no volume anymore, as of this times, the volume is pretty impressive and it has increase to a huge marketcap already. Some projects have volume of over a billion so it does not really say that the DeFi is dead in overall, in fact, it's the opposite. As you can see. https://coinmarketcap.com/defi/
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Congyang
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January 25, 2021, 02:57:43 PM |
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deFI seems like it will never die, it's just that maybe in the next few years or so deFI will be displaced by another fresher concept. because in a crypto project every year there are always new concepts that become popular
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minhtra
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January 26, 2021, 04:40:38 PM |
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namcunguyen
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January 26, 2021, 05:47:06 PM |
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deFI seems like it will never die, it's just that maybe in the next few years or so deFI will be displaced by another fresher concept. because in a crypto project every year there are always new concepts that become popular
Nothing is forever, defi too. However those are stories of the future, a few projects that are growing very rapidly in price now.
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bitcon
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January 26, 2021, 08:29:47 PM |
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Very far from that I think DEFI standing strong is basically what's making the crypto space stand tall So many things I won't say all are moving and acting well base on defi
DEfi it only in the process of its development. All the negative comes from the officials who want to somehow control this market. DeFi projects are really very promising, we can see a lot of new things. Naturally, money will continue to pour into this new direction and we can all earn!
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Shasha80
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January 26, 2021, 11:37:18 PM |
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People who say DeFi is dead are not doing their research properly, because DeFi is starting to get back on its feet now. We can see that some DeFi projects have sprung up for promotion, and also if we look at the performance of old DeFi tokens on CMC sites, most of them show an increase in prices. Even UNI and LINK that I HODL reached new ATH a few days ago and I managed to take profit. So this year's DeFi projects will be a good investment choice to be able to generate profits.
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tbterryboy
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January 27, 2021, 06:53:17 PM |
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I believe it is living a whole another life now and that is a life people are not seeing too much, because it became a bit niche. ETH related defis are not doing great because they didn't really consider what would happen with the fee, there are people who invest 200k dollars now so 20-30 dollars is nothing but the smaller investors got screwed, so it is living on its last leg since they would be all gone the moment those huge money is no longer interested.
However defi is not dead and even reborn at BSC, they are doing many new projects and even though they are not as much known as other places, they are doing fine there as well. We have seen millions of dollars change hands there, or tens of millions of dollars invested as well. Go look at pancakeswap, arguably most known one and see how much money is invested there. So, that means defi may die but will reborn in another shape which means there is no end to it.
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ardentvolcanoes
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January 27, 2021, 09:10:40 PM |
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People who say DeFi is dead are not doing their research properly, because DeFi is starting to get back on its feet now. We can see that some DeFi projects have sprung up for promotion, and also if we look at the performance of old DeFi tokens on CMC sites, most of them show an increase in prices. Even UNI and LINK that I HODL reached new ATH a few days ago and I managed to take profit. So this year's DeFi projects will be a good investment choice to be able to generate profits.
There's always different speculations about any projects, it's good for you to stay and enjoy taking the profits out of your investment. Not everyone are capable managing to do the same, more and more are being trapped since they are not fully aware of any project that will gives them good benefits. Still ends from how you appreciate the project and how deep you are willing to support.
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domoy77
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September 13, 2021, 12:31:51 PM |
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No, DeFi is not Dead. It is an open alternative to all your entire financial system is decentralized which means there?s no intermediary (or) third party involved. Defi built on blockchain technology, the distributed public ledger, encrypted by crystallography. There are multiple DeFi Services as, 1. Direct purchase payments. 2. Lending protocols. 3. Borrowing protocols. 4. Insurance. 5. Tokenization of assets 6. Crowdfunding. 7. Prediction markets. 8. Decentralized cryptocurrency Exchange. Ref Link - https://www.wyzth.org/ I didn't check the link you provided, but I'll just ask all the DeFi services you mentioned, which one is the most helpful and has been running successfully? because I see there are some services from DeFi that are not running successfully.
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