What is happening to DeFi?

[zeingrind777]

Everyone and his dog probably know how unregulated the crypto world is. The term Wild Wild West can aptly describe this sphere. Wild profits at really high risks, and of course, dishonesty from some bad actors. These bad actors perpetrate exit scams, right pulls, identity phishing(I have been a victim of this in a bounty campaign, unfortunately) etc.
Now in this neophytic subset of crypto, Decentralized Finance, with the ticker DeFi, these actors have basically taken over. DeFi is an interesting upgrade of Finance and is looking to take over Centralized Finance, but with the insecurity features, this is going to be a pipe dream. I hope crypto in general  and DeFi specifically change its act, and gets rid of these unwanted baggages. I still love crypto though

Scammers will always be around and always take advantage of what's trending. We know that the Defi trend is increasing. Many developers who create new projects by taking advantage of the Defi trend. But scammers also take advantage of this opportunity to take investors' money. This kind of thing is a risk that crypto investors must face. If you don't want to take risks, don't get into crypto.

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[globalpain]

Until now, Defi is still popular, even many projects still use Defi to attract investors,
if it's still like this, it is likely that the DeFi Hype will disappear,
and who knows who will replace this Hype, it's interesting to watch.

[Zeehaxan]

Everyone and his dog probably know how unregulated the crypto world is. The term Wild Wild West can aptly describe this sphere. Wild profits at really high risks, and of course, dishonesty from some bad actors. These bad actors perpetrate exit scams, right pulls, identity phishing(I have been a victim of this in a bounty campaign, unfortunately) etc.
Now in this neophytic subset of crypto, Decentralized Finance, with the ticker DeFi, these actors have basically taken over. DeFi is an interesting upgrade of Finance and is looking to take over Centralized Finance, but with the insecurity features, this is going to be a pipe dream. I hope crypto in general  and DeFi specifically change its act, and gets rid of these unwanted baggages. I still love crypto though

It will take time for market to grow and mature meanwhile this type of people will continue to scam people. Also when we talk about DeFi I do not think there is need of so many projects in the market, only after few years with better adoption I see the need for more projects at the moment scammers are taking benefit of the open and unregulated system.

[RealMalatesta]

I understand that there is a potential to be made here, and I understand there will be unwanted actors involved as well during this period, but we can't make defi be all about them neither. There are amazing defi projects that are awesome, and there are some that are not so awesome, we just have to figure out which ones are and which ones aren't the ones we need to invest and that's it.

If we end up talking about just the bad ones, we are going to make it sound like there is all bad people and scam projects and there are none that is good which will hurt us the most. Hence the idea would be to let the good ones known more and if you focus on them and shill them and promote them, people will pick up the good ones and everything will be better as well.

[inoes]

DeFi is just a trend in the crypto currency world, this is the same as ICO and IEO when they were launched,
I only suggest to be wise when joining the DeFi project, because scammers are still around.

Indeed, many frauds and money thefts have occurred at DeFi such as collapsing saffron finance, sushi swaps, compunder finance and others. that's why many investors are withdrawing their money on DeFi. even so, there is still hope for DeFi like Uniswap, YFI, Dia and the like. just look at the team behind it! 

[Ayapp]

Well, not everyone coming into the crypto world came with the same mindset. The same thing is applicable to DeFi, even centralized exchanges. I believe it boils down to investors generally, if investors refuse to feed these scammers I believe they will have a rethink without the big audience they are having now.

[Jeger.Kiting]

now too many "DEFI" project occur , and only take advantages by using name DEFI in their project. investors now should becarefull with this kind project because some of them already exit scam. analisys deeply will help us to identify which is fake project or real project that serious build their program.

Yes, but in-depth analysis will also not help investors much in identifying a project that is legitimate or not, because there are also projects that are scam in the middle of the road before their duration runs out, so now it is very difficult to find a truly genuine project.

Sometimes the analysis of some bounty hunters is also not helpful for investors, so it will be difficult to find out which projects are really safe for investors, at least observers and bounty hunters can help analyze a project that is truly promising for the future, but the opposite is true. plunging into projects that do not have great potential in the future, actually this must be changed at a later date so that all investors and people are not trapped by fraudulent projects ...

[CashbackLover]

Whatever is good online will always see negative outcomes as time goes on, ICO was bombarded with scammers in 2017 and everything went side ways after many investors lose money, same thing is happening with DeFi, Its clearly that DeFi isn't to be blame here, scammers and unqualified devs are to be blame, some developers can't defend decentralized Finance or make them safe because they aren't qualified to run a blockchain project in the first place, unfortunately since it's decentralized there is no way to involve regulations here

[paglarhat]

Although I have been with the cryptocurrency for a long time, I do not know the details about DeFi.
Of course I tried to find out but could not find out the details.
I would be very helpful if someone would please cooperate a little.
Because I want to know about DeFi.

[zasad@]

Although I have been with the cryptocurrency for a long time, I do not know the details about DeFi.
Of course I tried to find out but could not find out the details.
I would be very helpful if someone would please cooperate a little.
Because I want to know about DeFi.

DeFi - ETH Financial Ecosystem (September 2019)
https://bitcointalk.org/index.php?topic=5198245.0

Be sure to read this book

https://landing.coingecko.com/how-to-defi/

"How To DeFi
Decentralized Finance (DeFi) is fast disrupting the traditional financial sector. How To DeFi is a must-read book for anyone looking to understand DeFi. It is packed with simple explanations and step-by-step guides to help you understand and get started in this fast-developing ecosystem."

[nicecrypto]

Nothing is happening to defi except the hype is gradually phasing out and soon a newer trend will come and take over, same thing happens to ico, ieo, sto, and now defi, i think defi popularity was similar to ico that brought lots of profit as well as loss, now people are not so crazy about defi like the past weeks have been, because of defi, uniswap had it's fame in the crypto space.

[Inkdatar]

Nothing is happening to defi except the hype is gradually phasing out and soon a newer trend will come and take over, same thing happens to ico, ieo, sto, and now defi, i think defi popularity was similar to ico that brought lots of profit as well as loss, now people are not so crazy about defi like the past weeks have been, because of defi, uniswap had it's fame in the crypto space.

There is always a new next trend will comes out for sure since defi hype is fading these days. That’s what we observe that a lot of new in crypto space that turns out fading or the hype is over. Once they will make a new plan to catch some investors into defi projects it will boom in this industry. Let’s see what will happen next year about defi projects and the best thing to do is always do a proper research before we invest.

[Becky666]

Don't forget in a hurry what happened to ICO generation, the market was over turned by scammers and what we saw or seeing with DEFI's today isn't nothing different from this. Scammers has infested the world of defi and there's nothing anyone can do to savage this happenings, any investment with these defi's projects should be research thoroughly before any investor make investment. At the beginning, i was a victim of these defi scam and have learned my humble lessons. 

[tvplus006]

Recently, little attention has been paid to DeFi services. I do not recall over the last month to any DeFi attracted attention with their growth rates hundreds of times. This is obviously due to the fact that investors ' attention is now turned to bitcoin, which is trading near its ATH and has every chance to show an even greater price increase.

[Iyeman]

Until now, Defi is still popular, even many projects still use Defi to attract investors,
if it's still like this, it is likely that the DeFi Hype will disappear,
and who knows who will replace this Hype, it's interesting to watch.

It's not so popular as it was before. The defi hype already over since last month and it's so difficult for defi project to attract the demand to use its platforms. The majority of people are avoiding to deal with the suspicious defi project. The defi hype will never come back again dude. There will be no more the same thing that will replace the hype.
The hype will not come for the second time. People are looking for the new thing right now.

[Marble777]

Until now, Defi is still popular, even many projects still use Defi to attract investors,
if it's still like this, it is likely that the DeFi Hype will disappear,
and who knows who will replace this Hype, it's interesting to watch.

It's not so popular as it was before. The defi hype already over since last month and it's so difficult for defi project to attract the demand to use its platforms. The majority of people are avoiding to deal with the suspicious defi project. The defi hype will never come back again dude. There will be no more the same thing that will replace the hype.
The hype will not come for the second time. People are looking for the new thing right now.

after many cases of defi Scams has made most investors eyes open to the fact that Defi can not last long in the market. I was one of the Defi investors when it was booming for the first time and got good profits and luckily I wasn't stuck in Fomo at that time. so, whatever it is defi while you see an opportunity then immediately sell and leave after making a profit.

[mnporter2001]

Until now, Defi is still popular, even many projects still use Defi to attract investors,
if it's still like this, it is likely that the DeFi Hype will disappear,
and who knows who will replace this Hype, it's interesting to watch.

It's not so popular as it was before. The defi hype already over since last month and it's so difficult for defi project to attract the demand to use its platforms. The majority of people are avoiding to deal with the suspicious defi project. The defi hype will never come back again dude. There will be no more the same thing that will replace the hype.
The hype will not come for the second time. People are looking for the new thing right now.

I dont think your opinion is correct in terms of the current situation. It seems that you are no longer keeping track of new Defi projects, but to me I am still making a lot of money from new Defi projects.

Evidence shows that Top7ICO has been actively posting notable news on upcoming Defi projects in recent times. In the near future, there will be big projects with great growth such as Kylin, AnRKey, DAO maker, YOP. My conclusion is that at present we can still make large investments in the above quality projects and not be afraid of rekt.

[bearexin]

You already said it, cryptocurrency environment is like a wild wild west and there is nothing you will be able to do about these scammers except that you just have to wise up and avoid them seriously.

But despite that there are lots of scammers, which can be very annoying, it doesn’t mean that there wouldn’t be good projects that will be successful, there will still be good projects that will climb up to become successful and also be at the top.. as long as the team is working really hard it’s only going to be a matter of time before they get to the top.