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Author Topic: Is DeFi Dead?  (Read 1016 times)
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December 20, 2020, 01:26:42 PM
 #41

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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December 20, 2020, 08:31:32 PM
 #42

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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December 20, 2020, 11:19:00 PM
 #43

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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December 21, 2020, 04:23:36 AM
 #44

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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December 21, 2020, 09:12:26 AM
 #45

not at all, just look at this defi index price https://www.coingecko.com/en/coins/defipulse-index
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December 21, 2020, 01:15:02 PM
 #46

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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December 21, 2020, 04:48:20 PM
 #47

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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December 21, 2020, 05:06:14 PM
 #48

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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December 21, 2020, 05:14:00 PM
 #49

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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December 21, 2020, 05:18:42 PM
 #50

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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December 22, 2020, 06:16:34 AM
 #51

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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December 24, 2020, 04:09:55 PM
 #52

Thoughts on Badger and Duck?

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December 25, 2020, 09:33:53 PM
 #53

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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December 25, 2020, 09:45:16 PM
 #54


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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December 25, 2020, 11:55:44 PM
 #55

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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December 26, 2020, 02:51:01 AM
 #56

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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December 26, 2020, 03:01:00 AM
 #57

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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December 26, 2020, 10:33:00 AM
 #58

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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December 26, 2020, 10:43:22 AM
 #59

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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December 26, 2020, 11:21:17 AM
 #60

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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