Which upcoming DeFi projects would you recommend?

[NickBrown]

Am looking in investing into few DeFi Projects that are starting now, or are considered new, that have not had an increase yet.

Up to now, I have heard about the following:

Raave
Cartesi

What's your input in this?

Any recommendations?

Obviously higher the risk, higher the reward.

[Greatdev]

Never heard about raaven before but Cartesi is well known on this forum and outside this forum, it's a good DeFi project just like few others, I don't like recommending DeFi projects to people because they are even more risky than other, also I will like to advice you not to invest in a DeFi project because people recommend them to you, you got to do your own research, here are other few I like, Paid Network, DIA, Polkadot and Avalanche

[lobo13hf]

Im not sure about this but the majority of defi projects already increased a lot.

You can find the more defi list on this site https://coinmarketcap.com/defi/

This is my opinion and there are some defi that's still worth to invest.

1. 1inch
2. Unilend
3. Perp
4. Sovryn (first defi on BTC chain)
5. SXP
6. Balancer


IMO if those projects were having very good fundamental and the product already developed and it's used by a lot of people too. DYOR is a must.

[ryzaadit]

Have you checked about IOI - Trade Race Manager?

Is a project about a game race with some Defi & NFTs, If you looking some passive income and interest with some potential project, active team, and live product then IOI - Trade Race Manager would be a good reason :
- They have MVP Product
- NFTs staking
- Token staking
- Pools trading
- Reward pools turnover

In the last few days, they also partner with MATIC & Arkane Network so could be potential check here : http://traderacemanager.com/.

[ChiBitCTy]

None. DeFi is a MASSIVE scam that so many people seem to have no clue about.  It amazes me how many people fail to do any homework at all when it comes to buying investments.  Smart Contracts are no where near advanced enough for DeFi to actually work as they want it to.  It's all smoke and mirrors right now and there's no if's, ands, or buts about it.

Now I'm not saying you can't make money of these scams, just as those did with Bitconnect.  But, it's a scam nonetheless, and it will all come crashing down before long.  

I do expect smart contracts to one day make big changes in the finance world, but that day is not now.

[Bttzed03]

You can take a look at CAKE, the PancakeSwap's native token. I first noticed it when it was around $1 and it has already appreciated in price since then. That might not be part of your criteria but check out it's market cap first before writing it off. It's under $700M and there's still a lot of room to grow. Not that I needed to mention it but their product is already working.

[NickBrown]

Never heard about raaven before but Cartesi is well known on this forum and outside this forum, it's a good DeFi project just like few others, I don't like recommending DeFi projects to people because they are even more risky than other, also I will like to advice you not to invest in a DeFi project because people recommend them to you, you got to do your own research, here are other few I like, Paid Network, DIA, Polkadot and Avalanche

Thanks for mentioning Cartesi, as I wanted some reassurance before investing. Thankfully I did so before the latest events (huge 300+% increase).


Does anyone have some knowledge of DeFi projects that seem to be good but are undervalued?

Would appreciate your thoughts.

What I found the past two days is an old project which is trying to get listed on Bitfinex according to their admin on telegram group. The coin is called Blocknet and dates back from 2014. It had huge gains today with 60% increase but is just the beginning.

[JHORN]

Cartesi is good and there are many more good DeFi projects out there, for example DIA, Chainlink, DOT, UNI, and Avalanche, these are big boys of DeFi platforms, they mean strict business and they have good reputation to protect too

[Greatdev]

Since you talked about new DeFi project there is no need to mention the best DeFi projects right now, check out AnRkey, inverse and option room, it's better to do research first but all these projects met my own standard, this isn't a investment advice though, dyor

[ololajulo]

The hype around Sovryn is amazing but they have gone pass the whitelist through to public crowdsale soon and can only be seen on exchange in few more weeks from now. New interested individuals should pick up early from exchanges by next month. I feel the idea of bitcoin for Defi is so attractive and the use of other blockchain could reduce transaction fee

[-Zj-]

Since you talked about new DeFi project there is no need to mention the best DeFi projects right now, check out AnRkey, inverse and option room, it's better to do research first but all these projects met my own standard, this isn't a investment advice though, dyor

Nice pump there... over 60% Hope that it last

[sangkler11]

right now i'm looking at some upcoming DeFi projects, one of which is Juiceswap.
Juiceswap is an already fully functioning project complete with staking, yield farming, a non-fungible token market and a decentralized exchange. Launched in January 2021, JuiceSwap uses the principle of automatic market makers, or algorithmic trading.

[OcTradism]

DeFi projects are over supplied and the market does not need more. I realize that need or does not need more, more DeFi projects will be launched as it is an easy trend to create new projects, catch capital from the crowd, play some dump and pump rounds. After that, developers have gotten enough money and they have many reasons to abandon their projects and wait for other trends.

Try to upgrade projects, create new products, build up communities are more difficult and create a totally new and make some fake development activities.

I won't imagine how DeFi trend will end with many successful and active projects.

[TinaK]

In reality no one recommend the upcoming defi token because of many scam projects also available in the market.
https://coinmarketcap.com/defi/
In this site we see number of defi projects and I never put my thoughts in these kind of tokens. My only recommend is must read the OP post then plan decide the Defi projects.

[speedforce]

Too many upcoming DeFi at the moment, not sure why its so hyped. But take a look for Yield.app or Sovryn, maybe its promising enough  

[TWW]

Too many upcoming DeFi at the moment, not sure why its so hyped. But take a look for Yield.app or Sovryn, maybe its promising enough  

I support both. just hope the best for both projects. but now we've seen some scam DeFi projects. hopefully, there won't be more scam projects. because it could end DeFi's popularity in the crypto market today.

[Webetcoins]

Am looking in investing into few DeFi Projects that are starting now, or are considered new, that have not had an increase yet.

Up to now, I have heard about the following:

Raave
Cartesi

I have two coins that I like very much right now and I have made a good profit from them as well, both of them are on binance smart chain as well.

One of them is pancakeswap which has a claim to become the uniswap (or any swap) of binance, uniswap type of stuff are on ethereum chain and the costs of moving things around there are now 30+ dollars and even 50+ dollars, whereas in binance it is 25 cents, which is why pancakeswap is much better, you move binance tokens around and just pay 25 cents which is why it is better and the way to do it is use pancakeswap (there are other swaps but the most used one is pancake right now).

Second one is algo stable currency bdollar, that is something that gives you yearly good returns and it is a stable one, so you both have a stable currency and also make a decent return like bank savings account but much better rates.

[sgenuine]

I think projects on BNB and on Huobi (HECO) can also show good results in the near future. Defi is, in principle, a promising undertaking, but it is no longer talked about as much as before. In pursuit for income, you can stop controlling the situation. Therefore, you should not invest all your funds in Defi.

[Evgenklm]

Now there are so many defi projects coming out that you can make a mistake , I would advise you to understand this topic yourself and not wait for advice from the community, they are often distorted, study this or that project yourself and make an informed decision.

[Fivestar4everMVP]

People should be very careful when investing in defi projects, they are highly risky and most times, the risk is not always worth to take, most defi project use the fact that they are building a decentralized platform to stay anonymous and most scammers have seen this as an opportunity to scam unsuspecting victims.
Ive invested in a few defi projects last year and they all turned sow, even though they were looking very bright at the very beginning, so one can never predict this defi stuffs.