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Topic: DeFi Projects - page 8. (Read 3765 times)

member
Activity: 238
Merit: 10
August 24, 2020, 02:57:16 AM
Make profits from DeFi projects and zip up, a word is enough for the wise ones, DeFi up trend won't stay alive forever, always remember that, everything is about opportunity and opportunities don't stay around forever, be smart
sr. member
Activity: 1680
Merit: 263
August 24, 2020, 02:31:24 AM
yes, the Defi project has caught the attention of crypto users. In the last few days I have read an article that there is a Defi project that ends in a SCAM. if I'm not mistaken, the YAM project and maybe there's more that I don't know about. In this regard, I am afraid that new investors will darken their eyes after learning that Defi investing is profitable quickly. I wish someone was more careful before investing in any DEfi project.
legendary
Activity: 2660
Merit: 2229
https://t1p.de/6ghrf
August 24, 2020, 02:21:36 AM
Would like to throw some play money in. Has anyone a recommendation for a coin?
hero member
Activity: 2268
Merit: 507
August 24, 2020, 01:49:51 AM
Defi hype , they are some interesting project , not all are scam.
Dyor and be careful.
It's not all of defi projects but some of them were scam projects dude. Did you aware about the latest project that has already called as YAM and CURVE? those projects have already made the early investors loss almost 90% from their initial price. that's something that must be avoided.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
August 23, 2020, 11:07:21 PM
Indeed, DeFi project is the catalyst of the current market.
Just looking from the volume and price, we can see many people has gone into cryptocurrency and making some volumes.
I hope the DeFi projects will bring real products that can be massive adopted by people, investors will get profit and won't disappointed.
newbie
Activity: 4
Merit: 0
August 23, 2020, 05:15:28 PM
Defi hype , they are some interesting project , not all are scam.
Dyor and be careful.
jr. member
Activity: 352
Merit: 1
August 23, 2020, 04:30:57 PM
To me the DeFi projects is like a time bomb waiting to explode and many people will be burnt by time, Yes DeFi is doing very well at this time but I just wish that people should not be so greedy and try to cash out when they can't and also be on the look out for scammers that will use the DeFi opportunity to scam people with fake projects
full member
Activity: 1064
Merit: 101
August 09, 2020, 04:27:24 AM
It will be just a matter of time until the dump follows, AMPL is already down significantly and others will follow. Expecially those with gains of over a few thousand percent within 1-2 weeks will soon feel the impact of the sellers. If there ever was a bubble in cryptos, the current behaviour of DeFi is the best contentder for one.

I really would not put AMPL in the same category with other DeFi hard hitters as it is pretty much an experiment in elastic supply token economics, an experiment that most of AMPL buyers were ignorant of, so the whole thing collapsed pretty quickly. I am not saying that other projects in the DeFi scene cannot follow this rapid collapse, but it is much less likely.
hero member
Activity: 1722
Merit: 895
August 06, 2020, 10:24:37 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 should be extra careful, as you said DeFi is hyping the public, thats enough to trigger scammers to using this to their advantage in reeling in their investors. Whered you get information of this new project?
I have started to see Defi scam projects in this market, they are taking advantage of this hype to steal investors' money. So be careful with your investment decisions, do your research carefully before you want to invest in it.
yes true, in a few weeks I saw more than one DeFI exit scam, but here on average DeFi scam has a little pattern,first is a token with a low supply,second is a team problem that is not loaded by Scam DeFi, the rest they are an exit scam when the token is hitting the top so if you find a token like this as much as possible don't try to bet on buying it, and hope to sell it when the price is very high.
member
Activity: 334
Merit: 10
August 06, 2020, 06:12:37 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 should be extra careful, as you said DeFi is hyping the public, thats enough to trigger scammers to using this to their advantage in reeling in their investors. Whered you get information of this new project?
I have started to see Defi scam projects in this market, they are taking advantage of this hype to steal investors' money. So be careful with your investment decisions, do your research carefully before you want to invest in it.
newbie
Activity: 1
Merit: 0
August 06, 2020, 05:59:08 AM
Seeing through so many projects building AMM (Automatic Market Maker) liquidity pool like uniswap, Curve and even Balancer trying to overcome the shortage of crypto assets on the platform with different function, it's very interesting to me that Strike Protocol has a Virtual Automatic Market Maker mechanism.

Can we completely solve the liquidity problem on DEX, it's also a difficult thing for many defi projects I think.

Anyone heard Strike before?? It's also backed by Binance, looks promising  Cool Cool
sr. member
Activity: 406
Merit: 250
The Fourth Generation of Blockchain in DeFi
July 31, 2020, 04:16:42 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 should be extra careful, as you said DeFi is hyping the public, thats enough to trigger scammers to using this to their advantage in reeling in their investors. Whered you get information of this new project?
newbie
Activity: 75
Merit: 0
July 31, 2020, 01:35:01 AM
DeFi projects are currently the talk of the town. I am looking at $LEND. This is a time bomb project you should look at. You can buy from https://changeNow.io if you want best available market prices.
member
Activity: 112
Merit: 17
July 31, 2020, 12:56:46 AM
It will be just a matter of time until the dump follows, AMPL is already down significantly and others will follow. Expecially those with gains of over a few thousand percent within 1-2 weeks will soon feel the impact of the sellers. If there ever was a bubble in cryptos, the current behaviour of DeFi is the best contentder for one.
sr. member
Activity: 586
Merit: 251
July 30, 2020, 09:30:42 PM
I think DeFi is the future but on the other hand, they are overpriced. I mean lots of defi tokens has only governance features yet they are worth millions of dollars. I think there are some bubble is on the way for defi. Still there are some cool tokens which gather income also gets burns so i am focusing on them.

I think that will affect the new DeFi project is bitcoin and ethereum, you can also see that ethereum will launch its project soon too so I think it will have a good influence on the price movements of ethereum and bitcoin, it's safer to have both of these coins than any other coin.
I think there is no harm in also investing in a defi project, the most important thing is always be careful before you start investing in a defi project, because there will definitely be a lot of people who commit fraud by making a defi project,
I see a lot of Defi projects emerging recently and among them there are many scam projects that you need to stay away from. I always spend a lot of time researching the Defi project because this type of investment is very similar to an ICO and usually doesn't require users to have KYC. Defi may be a new investment trend, but if the project is not potential, it will be very difficult for you to make a profit.
legendary
Activity: 1932
Merit: 1000
July 30, 2020, 09:10:57 PM
I think DeFi is the future but on the other hand, they are overpriced. I mean lots of defi tokens has only governance features yet they are worth millions of dollars. I think there are some bubble is on the way for defi. Still there are some cool tokens which gather income also gets burns so i am focusing on them.

I think that will affect the new DeFi project is bitcoin and ethereum, you can also see that ethereum will launch its project soon too so I think it will have a good influence on the price movements of ethereum and bitcoin, it's safer to have both of these coins than any other coin.
I think there is no harm in also investing in a defi project, the most important thing is always be careful before you start investing in a defi project, because there will definitely be a lot of people who commit fraud by making a defi project,
member
Activity: 125
Merit: 10
July 30, 2020, 10:11:45 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.
Look around you, it's already happening, DeFi is the reason why crypto is been bullish since few days ago now, through DeFi success big money have entered crypto market and that's the only way the market can reshape to greenish state
Yes, I also believe the recent bullish and rally was thanks to the market finally caught up with the hype surround of DeFi project. When I saw Kucoin and Binance exchange tweet about DeFi then it clearly set a new trend to the public.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
July 30, 2020, 10:03:21 AM
I think DeFi is the future but on the other hand, they are overpriced. I mean lots of defi tokens has only governance features yet they are worth millions of dollars. I think there are some bubble is on the way for defi. Still there are some cool tokens which gather income also gets burns so i am focusing on them.

I think that will affect the new DeFi project is bitcoin and ethereum, you can also see that ethereum will launch its project soon too so I think it will have a good influence on the price movements of ethereum and bitcoin, it's safer to have both of these coins than any other coin.
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
July 30, 2020, 09:25:00 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.

My top pick goes to TomoChain. It's said to be ETH 2.0. The blockchain is a complete product with the aim of DeFi. They have a full-fledge DEX Lending Service and an extremely supportive community in Pantograph Social Dapp. You can check them out.  Smiley
I have seen this project, they really do well in project development. They have completed everything and put it into operation, I believe that in the near future Tomochain will grow strongly and become one of the leading altcoins in this market.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
July 30, 2020, 06:41:17 AM
DeFi project is very hype now, getting enough profit on some DeFi projects is very easy. but many are only just DeFi and they are a scam. keep careful of the scam project that utilizes DeFi. I also glance a little at BiDao which has a good ecosystem. DYOR

I agree with you, many scamer use this moment to look for victims.
so you should pay attention before investing in any new defi  projects.
but this is a good opportunity too because all defi projects will get the present moment.
DeFi is being hyped at this time that financial status of many were not guaranteed. Turning financial system into decentralised is a good move this time of Pandemic, but it might be overused by scammer to create frauds so we better check the projects that are registering in DeFi community to avoid any loss, I just hope DeFi will not be ruined by scammers since it indeed have a potential to help many financial institutions.
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