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Topic: DeFi Projects - page 3. (Read 3718 times)

legendary
Activity: 2534
Merit: 1490
May 11, 2021, 01:06:38 AM
The head of the DeFi project Rari Capital Jai Bhavnani announced the payment of compensation to users affected by the hacker attack on May 8, the project decided to transfer RGT tokens from the incentive fund for developers in favor of a decentralized organization. https://medium.com/rari-capital/looking-forward-at-rari-capital-a8349225120e


"While it was indeed initially meant to scale the team, all of the protocol contributors have elected to give that 2M $RGT back to the DAO with the ask of using the newly acquired $RGT to reimburse lost funds and reward those that helped in the war room".
full member
Activity: 350
Merit: 104
May 10, 2021, 12:24:48 PM
Defi is a scam! Having invested in defi I lost a lot of money, because a lot of coins are stamped every day, be careful with defi! Wink
indeed high risk, therefore you must be selective in choosing DeFi tokens to invest. especially if you are interested in investing by entering this LP will be even more risky. the decline that occurs in tokens will be very deep when the market crashes. Now, I myself have observed that many altcoins have experienced a deep decline with the DeFi concept because it is indicated that a scam and liquidity or market cap are still low.

Every investment that doesn't make him a millionaire is automatically a scam? DeFi is no scam at all. It is just a trend that is very young. That is similar to the dotcom bubble and investing in newly emerged industries comes with a lot more risk than investing in a well established industry. If BTC now goes down 20% it doesn't make BTC a scam. When you invest you hav to bear the risk and that is the same for all of us.
legendary
Activity: 2534
Merit: 1490
May 09, 2021, 08:17:51 AM
DeFi the Rari Capital project lost about $11 million as a result of hacking, The Block researcher Igor Igamberdiev noted that the attack was the first inter-network exploit — the attacker stole funds for it from the Value project, which operates on the basis of the Binance Smart Chain (BSC). The hacker withdrew 5346 BNB from it, which he exchanged for 1000 ETH.






According to the expert, the mechanism of the attack on Rari Capital was to create a fake token and its pool on SushiSwap. Next, the hacker, interacting with Alpha Homora, received ibETH in the Rari ETH pool contract. He also exchanged the assets there for Ethereum.  After repeating the steps several times, the attacker withdrew 2900 ETH, but thanks to the actions of the Rari team, 1700 ETH was saved




legendary
Activity: 1043
Merit: 1032
★Bitcoin Gambling Reviews★
May 06, 2021, 08:01:18 PM
Have to share this project - https://planetfinance.io/ 

Only stable coin vaults except for their own token - https://blue.planetfinance.io/

Yields are solid - all over 300% for now.

On Binance Smart Chain.

Worth checking out.

No stupid deposit fees or auto-compound fees.
member
Activity: 700
Merit: 14
May 06, 2021, 02:17:14 AM
Name the projects you're excited about in the DeFi space and why you think they will be big..
There have been many comments with the future trend.  NFT can bring fresh attention, but the main theme is Defi, which supports staking.  Some of the most highly rated and captivating projects this year are $ SOV, which has already reached x9 in genesis prices, and is growing exceptionally well.  Additionally, $ Banana has also been massively attracting a new audience in the community, $ Banana already has x10 now, and it has even hit x12 at $ 11.  With NFT, $ PYR is making the extended connection from the game genre, it looks powerful when $ 1.8 goes to $ 5!
jr. member
Activity: 840
Merit: 6
May 06, 2021, 01:55:53 AM
A lot of people are predicting that the DeFi space will be the catalyst of the next bull run, projects like Maker and Compound have been hugely successful recently and many DeFi projects have performed brilliantly in the bear market.

Name the projects you're excited about in the DeFi space and why you think they will be big..

I'll start with an ICO I've recently invested in called Bidao. BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup. In the beginning, BiDao will be completely integrated with the Binance Blockchain and BNB will be used as the collateral. In the future other Blockchains will also be integrated into the BiDao ecosystem.

They are founded by Bastian Aigner who is young guy with a solid tech background and strong education. He reminds me a bit of Vitalik, some people are so smart it's like they are operating on a different level to everyone else and he is like that.
You don't have to invest in an ICO to become involved in DeFi, you can farm your existing tokens and LP tokens like 0xMR to earn rewards.
hero member
Activity: 854
Merit: 500
May 06, 2021, 01:53:13 AM
A lot of people are predicting that the DeFi space will be the catalyst of the next bull run, projects like Maker and Compound have been hugely successful recently and many DeFi projects have performed brilliantly in the bear market.

Name the projects you're excited about in the DeFi space and why you think they will be big..

I'll start with an ICO I've recently invested in called Bidao. BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup. In the beginning, BiDao will be completely integrated with the Binance Blockchain and BNB will be used as the collateral. In the future other Blockchains will also be integrated into the BiDao ecosystem.

They are founded by Bastian Aigner who is young guy with a solid tech background and strong education. He reminds me a bit of Vitalik, some people are so smart it's like they are operating on a different level to everyone else and he is like that.
It must be recognized that Defi's projects are quite prestigious and should be invested. I find it very attractive to consumers. With the creation of passive profits for users has given it credibility
I'm investing in MCR, and shushiswap. What do you think of this project?..
newbie
Activity: 2
Merit: 0
May 06, 2021, 01:41:33 AM
I'd like to present my new project - https://www.redhawk.finance - We offer 13.4% APY on fiat to retail investors.
We essentially continuously track a list of safe DeFi projects and invest in the most attractive rates. While building our platform, the goal was always to make this accessible to everyday investors, but it's also accessible to crypto investors who simply don't want to deal with the complexities of DeFi.
jr. member
Activity: 701
Merit: 4
May 06, 2021, 01:11:06 AM
DeFi has really got aot of traction and success in the past 1 year with more and more projects entering the space. The assurance of getting passive income via liquidity mining and staking options are lucrative for any investor.

I never thought that the Bull season would last long like this. DeFi and NFTs have further taken crypto/blockchain to mainstream light.
hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
May 05, 2021, 11:27:22 PM
Defi is a scam! Having invested in defi I lost a lot of money, because a lot of coins are stamped every day, be careful with defi! Wink


My Friend DeFi first of all is not an investment . It is a blockchain application that leverages the power of consensus, speed and authenticity of a transaction. It's the strategy of which how would someone use DeFi as their investments that makes it complicated. Be educate as what everybody says and if it is too good to be true then think it over 100x before making actions.
legendary
Activity: 1722
Merit: 1007
Degen in the Space
May 05, 2021, 10:40:31 PM
I put a lot of money into DeFi projects and lost a lot of money, but I made a fast x5 profit on projects like Safemoon.

Defi is a scam! Having invested in defi I lost a lot of money, because a lot of coins are stamped every day, be careful with defi! Wink
If you enter during the spike or ATH, you will undoubtedly lose. However, although some are clearly scams, others, such as Safemoon, have the potential to develop. Many defi platforms are now making significant progress, with significant gains and rising hodlers on a daily basis. Another thing to remember is that research is crucial in DeFi; if you don't do any research, you will be scammed, so make sure you've spent a significant amount of time learning the facts about the DeFi coin.

It will be always HIGH RISK, HIGH REWARD.
hero member
Activity: 1344
Merit: 738
May 05, 2021, 10:16:23 PM
Defi is a scam! Having invested in defi I lost a lot of money, because a lot of coins are stamped every day, be careful with defi! Wink
indeed high risk, therefore you must be selective in choosing DeFi tokens to invest. especially if you are interested in investing by entering this LP will be even more risky. the decline that occurs in tokens will be very deep when the market crashes. Now, I myself have observed that many altcoins have experienced a deep decline with the DeFi concept because it is indicated that a scam and liquidity or market cap are still low.
full member
Activity: 420
Merit: 100
May 05, 2021, 10:07:43 PM
Defi is a scam! Having invested in defi I lost a lot of money, because a lot of coins are stamped every day, be careful with defi! Wink
full member
Activity: 350
Merit: 104
May 05, 2021, 08:00:21 PM
Defi is a massive industry that seeks to find its place in the crypto community and it will be great no matter what! It is a term that many can't deal with right now, but it will gain meaning over time. If you tell people about decentralized finance they usually look at you as if you were an alien. We are no alien, we just had a sense for a financial and digital revolution very early on. I believe in the revolution so much, I can't even tell. We will see so many new financial products in the near future and we need to get all the others on board, but it won't be easy because no matter how we explain it, they may not understand.
legendary
Activity: 2534
Merit: 1490
May 03, 2021, 10:58:43 AM
The sad story of a Twitter user under the nickname @rgrpark about how he lost his entire portfolio of $185,000 worth of DeFi tokens within three weeks in an attempt to make a quick profit on trading highly volatile DeFi tokens.  Sad


member
Activity: 518
Merit: 11
HODL
May 03, 2021, 01:34:37 AM
I came across Sovryn's DeFi project. they use the RSK network. I heard they were following the campaign and their initial purchase on the web was profitable.
it will probably get bigger in no time. RSK has been running for a long time. and we're seeing some developments.
Yah.  The community is excited about Sovryn- the first Defi for bitcoin.  SoV's TVL has exceeded 185 million, a really impressive number for the project that has just been released on April 13.  Sov is considered by many to be the bright jewel of this year. 

While, $ Banana TVL has surpassed 500 million in just two weeks, the $ banana value has increased by more than 1000% compared to its ICO price.  Defi is in a very active transition, defi + stanking + farming, yeild = future.  These are two defi projects that are winning my hearts.
legendary
Activity: 3066
Merit: 1049
Eloncoin.org - Mars, here we come!
May 03, 2021, 12:40:02 AM

DeFi activities to draw financial backers since financial backers have interest in DeFi projects like many guaranteed, recall what happened when ICO entered crypto space. on the off chance that we will base on Defi's publicity over the most recent three months or something like that, however nothing has transform, it is still promotion, sorry to blast the air pocket for altcoin financial backers. The best thing about that will be that paying little heed to how much the Varus blockchain rewards excavators far beyond the pre-decided coinbase reward.

true that. it's possible that banks will actually apply the same principle. i use to read replies about Defi just hype but now even the centralize platforms are already applying the same concept. blockfi seem to become a good one for example. and then now we can now see swapping platforms of such awful names already.

the new defi that i have tried investing is the SOVRYN. its DEFI on top of Bitcoin.
legendary
Activity: 2114
Merit: 1147
https://bitcoincleanup.com/
May 03, 2021, 12:24:21 AM
~
Good you mentioned the Yield Farming with stable coins. What are the rates you can expect if you stake your coins in stable coins and can you give recommendations for well established platforms? Do you personally use any?
I'm not going to go any further https://apeswap.finance/farms

I don't know what's your criteria for a well established platforms. I'm just going to leave these information and let you decide:
  • APESWAP TVL is currently over $540 Million accross all Farms and Pools.
  • 1 Banana is currently above $10 which is already a 10x from two weeks ago.

I also use other platforms but I usually see stable coin - BNB or other Binance pegged token pairs.
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
May 02, 2021, 10:59:18 AM
It appears positive and best way to execute some time recently the plans.Mostly financial specialists center security instead of the tall benefits so security matters.This is why whats the issue all approximately and why the bounty supervisor cant resolved it,Bounty chief may be a individual who speak to the extend and accumulate the community so ventures proprietors and group ought to enlist proficient bounty trough who have positive affect on the project.
full member
Activity: 1120
Merit: 101
May 02, 2021, 10:45:03 AM
I came across Sovryn's DeFi project. they use the RSK network. I heard they were following the campaign and their initial purchase on the web was profitable.
it will probably get bigger in no time. RSK has been running for a long time. and we're seeing some developments.
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