Do not invest on DeFi projects that are just DeFi, make sure the DeFi project you pick has better utilities, ChainLink for example has Oracle to offer, few new DeFi projects I see lately are just using DeFi
name, be careful, Here are few lists of DeFi projects that are more than just the Hypes surrounding them because they actually have some to offer.
DIADIA (Decentralized Information Asset) is a Swiss not-for-profit and open-source blockchain project with a mission to drive the adoption of transparent, open-access data and oracles just like chainlink
https://diadata.org/ORION PROTOCOLDo you guys remember DYCO? That's a new crowdfunding strategy from Maker team and Orion Protocol is the first to try DYCO out and it was successful, Orion is building B2B and B2C solutions on the most advanced liquidity aggregator
https://www.orionprotocol.io/ COMPOUNDCompound is a money market protocol that lets users earn interest or borrow assets against collateral, all from the Ethereum blockchain. Compound was one of the first DeFi companies of this recent DeFi cycle to gain mass attention as their native token, COMP, skyrocketed in value before correcting to current levels.
https://compound.finance/governance/compCURVE FINANCELaunched in early 2020, Curve allows users to trade between stablecoins with low slippage, low fee algorithm designed specifically for stablecoins. Curve is one of the early proponents of yield farming and currently offers 7 pools where users can stake stablecoins to earn rewards, such as new currencies.
https://www.curve.fi/These are good examples of real use cases and these projects aren't here to take advantage of DeFi hype but to actually deliver real utilities, there are more good DEFi projects out there e.g
Synthetix and Oikos Cash , do good research and avoid investing blindly for quick gains, thank you
Very informative and substantial thread which is very useful and helpful for those who are new in crypto world and have the mindset that it is really easy to earn and gain in this industry and have this short time earning mindset. But it is really true that for you to earn and really gain a better profit you must know how to wait for the right time and you should have a long term mindset and mentality.