Topic: DeFi Projects - page 5. (Read 3765 times)
was actually guessing I that the defi projects would grow like this and still this movement continues.There are a lot of rug pull projects lately, new entrants need to pay much attention.And the hackers have turned their eyes away.Some projects can be tried with small amounts, but very risky
In terms of the value of blocked funds, Uniswap passed ahead of the DeFi platform PancakeSwap,
PancakeSwap is not DeFi! Binance is not decentralized! It should be called CeFi. But the market gives a shit about it.
Yes, now all that on the Binance Smart Chain proclaim themselves Defi projects here is another of them project Meerkat Finance was suspected of exsit scam, where a day after the launch, hackers allegedly withdrew assets of $32 million (13.96 million BUSD and 73,635 BNB)
In terms of the value of blocked funds, Uniswap passed ahead of the DeFi platform PancakeSwap,
PancakeSwap is not DeFi! Binance is not decentralized! It should be called CeFi. But the market gives a shit about it.
In terms of the value of blocked funds, Uniswap passed ahead of the DeFi platform PancakeSwap, the value of blocked funds in the PancakeSwap protocol based on the Binance Smart Chain (BSC) exceeded $4 billion, while Uniswap has this figure of $3.73 billion.
When I first read this thread, the one thing that came into my mind is one word - marketing. Clearly the OP is marketing that he thinks his bet when it comes to the DeFi projects. I am really familiar with the said project or thing as I am only concentrating my energies toward Bitcoin. The only reason why I am participating is because of the way the project has been introduced in the very first post. But since it is being discussed right now, better do some reasearch and see if this is worth investing.
When compared to ICO projects, I prefer DeFi projects, especially when I invest in several DeFi projects from 2020 to now. And managed to get
a sizeable profit from DeFi projects. I invested in Chainlink, Uniswap, Compound and Maker. I hope DeFi this year can return to the hype like in 2020. Unfortunately now the price of all DeFi is going down following the falling price of Bitcoin. But I believe that once the Bitcoin price recovers,
the DeFi tokens price will recover too. So right now I can only wait patiently.
a sizeable profit from DeFi projects. I invested in Chainlink, Uniswap, Compound and Maker. I hope DeFi this year can return to the hype like in 2020. Unfortunately now the price of all DeFi is going down following the falling price of Bitcoin. But I believe that once the Bitcoin price recovers,
the DeFi tokens price will recover too. So right now I can only wait patiently.
The Furucombo team reported that the attacker compromised the proxy server of the DeFi project, the damage amounted to about $14 million in Eth and ERC-20 tokens https://twitter.com/furucombo/status/1365743632460910593
According to The Block researcher Igor Igamberdiev, the hacker used a fake contract, which made Furucombo decide that Aave v2 has a new implementation. This made it possible, when interacting with this DeFi protocol, to transfer approved tokens to an arbitrary wallet and gave a list of assets withdrawn by the hacker https://twitter.com/FrankResearcher/status/1365740713334493192
According to The Block researcher Igor Igamberdiev, the hacker used a fake contract, which made Furucombo decide that Aave v2 has a new implementation. This made it possible, when interacting with this DeFi protocol, to transfer approved tokens to an arbitrary wallet and gave a list of assets withdrawn by the hacker https://twitter.com/FrankResearcher/status/1365740713334493192
Hello everyone, I want to invest in DeFi Dapps. Can anyone please give me some advice on which DEX is the best to do Farming (LP) any Tokens with a very low gass fees.
Hey there, there are some DEX that is available in the market like Uniswap, sushiswap , Honeyswapand etc. Not a finantial advice but I am presently farming XGT/xDAI at Honeyswap DEX. I think honeyswap is one of the best in space not only because of their low gas fees but also being a cross- chain capability. You can check them here:
https://Xion.finance
https://info.honeyswap.org/pair/0xB2B15DaE735e52CA0902824570Bd2458d78672f8
Maybe, you're holding to those DeFi projects which are in DeFi space before starting the hype of it and it's best to participate only those. Like what you said, is the reality of DeFi market and more users are getting into those projects because of fomo and nothing else. Eventually, the hype of DeFi will downtrend and every hyped projects will become shit one. It's just about time, IMHO.
Yes,,, it is really right now impossible to distinguish good projects from bad because literally every token is again exploding in value,,, regardless of just how useful they are WITHOUT marketing partnerships and promotions. FOMO like you said and we are back in the good/bad old days of ICO in 2017.
I don't trust DeFi projects, out of 100 DeFi projects I only trust 6, and these projects are backed by real blockchain experts not some dev wannabes that are new to crypto and blockchain, most DeFi projects are base on hype and after this bull run their true colors will surely be revealed
Maybe, you're holding to those DeFi projects which are in DeFi space before starting the hype of it and it's best to participate only those. Like what you said, is the reality of DeFi market and more users are getting into those projects because of fomo and nothing else. Eventually, the hype of DeFi will downtrend and every hyped projects will become shit one. It's just about time, IMHO. Just be careful because very soon scammers will try to build fake DeFi projects to lure investors since investors have interest in DeFi projects like many claimed, remember what happened when ICO entered crypto space? Same thing will be repeated, you've been warned
I agree! DeFi are just like ICOs before! When its on trend, there are lot of scams projects that came into the market some of it even goes exit after its sales or got enough investments
I don't trust DeFi projects, out of 100 DeFi projects I only trust 6, and these projects are backed by real blockchain experts not some dev wannabes that are new to crypto and blockchain, most DeFi projects are base on hype and after this bull run their true colors will surely be revealed
Would be nice if you tell us a bit more about your 6 favorites...
The truth is even though defi project has a lot of potential and could as well be the next big thing in the capital space lots of people are still investing in defi project really based on the hype.
not so many people understand the technology behind it all the financial impact that defi projects are trying to bring to the crypto space however decentralized finance projects possess a lot of usability and they can be combined together in a lot of numerous ways to bring finance that is previously only restricted the selected few I net worth individuals to the masses.
not so many people understand the technology behind it all the financial impact that defi projects are trying to bring to the crypto space however decentralized finance projects possess a lot of usability and they can be combined together in a lot of numerous ways to bring finance that is previously only restricted the selected few I net worth individuals to the masses.
I don't trust DeFi projects, out of 100 DeFi projects I only trust 6, and these projects are backed by real blockchain experts not some dev wannabes that are new to crypto and blockchain, most DeFi projects are base on hype and after this bull run their true colors will surely be revealed
i think it's not easy to predict which defi will be successful but i think there's a coupe of credibility check points: like founders, tech base, financial model, strategic roadmap, etc. I prefer to invest in interesting dex projects mostly
Uniswap, Curve Finance, Polkadot, Solana, Matic Network, Yearn Finance, AirSwap, Loopring, Elrond all these projects are very promising in my opinion. But this situation at the moment, and what will happen next can hardly be precisely defined. The market surprises every day.
I agree with you that these projects are successful at the moment! However, they have already gone up in price, especially SUSHI and CRV... I would stay away from them! On top of that, they have a huge emission...
DOT, on the other hand, I think there is still good growth to come!
I will include yearn.finance as one of the defi projects to stay away from. It is obvious, they really don't have fully working platform and I don't understand why they have expensive price tag? This one is just banking on price manipulation in the market. Later on, you will see that they really don't have anything to offer to begin with. And only few defi projects have active development in place and has the capability to implement their objectives.
i think it's not easy to predict which defi will be successful but i think there's a coupe of credibility check points: like founders, tech base, financial model, strategic roadmap, etc. I prefer to invest in interesting dex projects mostly
Uniswap, Curve Finance, Polkadot, Solana, Matic Network, Yearn Finance, AirSwap, Loopring, Elrond all these projects are very promising in my opinion. But this situation at the moment, and what will happen next can hardly be precisely defined. The market surprises every day.
I agree with you that these projects are successful at the moment! However, they have already gone up in price, especially SUSHI and CRV... I would stay away from them! On top of that, they have a huge emission...
DOT, on the other hand, I think there is still good growth to come!
i think it's not easy to predict which defi will be successful but i think there's a coupe of credibility check points: like founders, tech base, financial model, strategic roadmap, etc. I prefer to invest in interesting dex projects mostly
Uniswap, Curve Finance, Polkadot, Solana, Matic Network, Yearn Finance, AirSwap, Loopring, Elrond all these projects are very promising in my opinion. But this situation at the moment, and what will happen next can hardly be precisely defined. The market surprises every day.
i dont know about which project will be good in the ICO Launch. from me, i must wait till the fundamental of the project are builded at least one of all in their roadmap. That is.
Uniswap was the first among decentralized exchanges to break the $100 billion mark in trading volume.
Uniswap still ranks fifth in the DeFi Pulse rating in terms of the value of funds blocked on the exchange, $4.08 billion.
Uniswap still ranks fifth in the DeFi Pulse rating in terms of the value of funds blocked on the exchange, $4.08 billion.
Quote from: https://defipulse.com/
Oikos DeFi project is the next DeFi project I'm working on right now, it looks good enough and for the fact that it's the first DeFi project on Tron network, Oikos is a Tron based synthetic asset platform that provides on-chain exposure to fiat currencies, commodities, stocks, and indices. https://oikos.cash/
Oikos is not the first Defi project on Tron network, Just prokect came before Oikos and has done better and also listed in better Exchanges.Both of them are nice projects. TRON needs more competition and more developers to unleash its full potential. That's why we've started TofuDefi project.
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