Which upcoming DeFi projects would you recommend?

[ije07]

the higher the risk, the higher the reward and the higher the loss. So rethink that before making the decision to invest in a new defi project. In fact I also want to recommend the Sovryn project and keep in mind that I say this not because I am one of the promoters of their project, but about how the development of this project is primarily about its product. , I've researched it before and for me personally it's a good Defi project. in fact i have bought some of these coins too. Related to that, from several lists of defi coins that you have mentioned above. I know very little about Cartesi. If I'm not mistaken this project is managed by Buballex's manager, it doesn't seem bad to invest in it.

[optimisticcm]

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.

I would suggest to stick with the already proven and established defi projects because there are many scammers trying to take advantage from this defi trend. Obviously if a new project stands out of the rest then we can consider but i do not see any new defi project recently that looks good.

[hari9981]

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.

Agree this, just spare some of  your investment to this DeFi things, market on this DeFi become irrational sometimes.
In my group, some of the people are do random trading on Dex and doesnt matter the high gas fee hurt them in hope they will got surprise airdrop  from a DeFi project in the future, its crazy.

[magnum cyber]

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.

Agree this, just spare some of  your investment to this DeFi things, market on this DeFi become irrational sometimes.
In my group, some of the people are do random trading on Dex and doesnt matter the high gas fee hurt them in hope they will got surprise airdrop  from a DeFi project in the future, its crazy.

maybe they try their luck with a random Defi project. actually there is nothing wrong with it because they are the ones who decide, they must also be prepared to accept every risk as well. but I completely agree with you guys not to spend money just to invest in the Defi project.

[btcltcdigger]

Anything that's even tangent with Polkadot.
So Moonbeam, and also similar para networks. Dexes on those as well

[ololajulo]

Cartesi

Cartesi is not a Defi project but just want to adopting some defi idea to improve their tokenomics. The product is mostly used by companies not individuals

[Inkdatar]

There's a lot of defi project these days so before investing into it, it is a must to do your own research. As I've read above, pancake is also a good choice I invest into this project below $1, and seeing it is continues growing makes a surprise to those who hold and do the staking into their platform. If you do a survey, a lot of opportunities to earn  in their platform through staking cake and earn some coins there. Many new defi projects so to have a choice dyor first.

[CuriousGeorge]

Cartesi

Cartesi is not a Defi project but just want to adopting some defi idea to improve their tokenomics. The product is mostly used by companies not individuals

Agreed, Cartesi is much more focusing to provide the infrastructure for the company or new developers to be able issue their smartcontract through ruby or use alternative side chain.
That can't be considered as a defi platform but cartesi was a protocol consider it was building the infrastructure to make the entities will be much more easiers to issue the smartcontract.

[ernstk]

I would recommend GET Protocol

This project (although alround now for a few years) is gaining traction the past weeks. Why?

Most important reason is that they have managed to effectively eliminate scalpers from the ticket market by issuing smart tickets on the ethereum network. None of the to date 600.000 issued tickets were scalped.
Second reason is the DeFi part: most event organisers / artists struggle when it comes to event financing. Get Protocol will introduce a defi module in that makes it possible to invest in events and gain money from it starting from Q2 2021! In my opinion this is a very cool and valid usecase of the possibilities of defi. 

For more info: https://medium.com/get-protocol/decentralizing-event-financing-liquidity-x-defi-x-nfts-975f028135f5 

[OasisDre]

I can't see any new promising DeFi projects than what we've already seen since 2020 and earlier this year, projects like DOT, Avalanche, LINK, DIA, Cartesi, Ferrum Network,UNI, Sushi are all good, you don't want to invest only on DeFi projects I hope? Can't put your eggs in a single basket

[NickBrown]

I can't see any new promising DeFi projects than what we've already seen since 2020 and earlier this year, projects like DOT, Avalanche, LINK, DIA, Cartesi, Ferrum Network,UNI, Sushi are all good, you don't want to invest only on DeFi projects I hope? Can't put your eggs in a single basket

The problem is that I did not invest in any DeFi projects up to this point, as I believed mostly in the old projects of prior 2018.

On the other hand, I don't wont to invest in any projects that have already gone up x5 or x10 or even worse x30 like Cardano and UNI.

Projects like Cartesi are fairly new and undervalued. Now with the support of BitBoy as an advisor, its more likely gonna skyrocket.. looking for more similar coins that have not got the attention that they should have.

[Renampun]

*I don't see any great potential in this latest DeFi project...
DeFi season seems ended soon, enthusiasts have started to leave because it didn't really make a good profit. if you are a new player who is just interested in DeFi you should think again about your plans back.

[AssociatesBumble579]

There are many good DeFi projects already listed and there are many protential projects that are not listed yet. Personally, I have a lot of faith in the DeFi project. Feel free to invest in the following DeFi project.

1. Cartesi
2. Sovryn
3. Radix
4. Manta Network
5. Finxflo

[Samayuki]

DeFi is the most risky so I've learned to limit my risk by going for old DeFi projects only, the only new DeFi projects i invested on are DOT and Avalanche, others are old DeFi projects, can't be too careful around DeFi this days

[NIKUBHI]

Nowadays many defi projects are coming and this is a big headache if any wants to invest in any defi project because of a vast number. Cartesi is also one of the best examples of successful defi project which you can go through but in my opinion, I would also recommend Dego Finance to look out once. Its price is decent and the trading volume on the exchange is also big.
 

[disconnectme]

Cartesi is not an upcoming project, Cartesi is up and running projects. One thing I want people to understand is that you don't need to invest in new DEFI projects to make money in the space, the most important thing is to find projects you feel are undervalued and invest into them, thee are quite few of them left in the market go look for them

[avarnet]

Some altcoins that you can choose the Defi project. because nowadays there are so many developers who are doing development in DeFi I think you have to be more selective in choosing yourself

• Link
• Dot
• Uni
• 1INCH

Don't take risks if you are not ready to lose your money on a new project. There is a huge scam risk for new altcoins. minimum trust in the market and also high liquidity for you to choose

[max6575]

myidentity coin works on custom with the offers for investors and public audience as referring chance to gains on involvement with the plan on exchange. if might with interest then investors might visit website and ann page to gains of more confirmation about the project.

[el kaka22]

Upcoming is a very difficult thing to decide, it is usually very difficult to decide which ones are going to be good without them ever being in existence, I rather not put my money into them. And most of these coins are "upcoming" in the sense that what people believe would go up in the future but they are all in existence as well so they are not really that shocking to many people.

Anything that is in the existence right now will go up a bit more than the average at the very best, and it will not go up like it has never been here at all. Any coin that is not in existence right now will have a chance to either 10x or maybe become worthless and we will not know that. I like few tokens myself but I can't really advice them to other people because I do not know what they will do.

[bitcon]

myidentity coin works on custom with the offers for investors and public audience as referring chance to gains on involvement with the plan on exchange. if might with interest then investors might visit website and ann page to gains of more confirmation about the project.

DeFi certainly has a huge potential for development! It is right to be interested in new startups and expect new ideas and projects. DeFi is an ideal candidate for investment in 2021. What is appealing to me is that this industry requires little capital. Its transactions are instant and do not need to be initiated by a third party. At the moment I am sympathetic to Binance Smart Chain! (cake, bake and other)