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Topic: ​​Highlights on the predictions for DeFi in 2020 (Read 446 times)

newbie
Activity: 21
Merit: 0
i'm not so optimistic regarding eth competitors) at least in 2021-2022 years. technically this blockchain is the best for easy launch dex platforms (and a lot of them are alredy operate on the market). and the most hyped defi projects are made on eth... even for me easier to check credibility and tech base of the project if it's made on eth
dex projects based on eth blockchain are really more simple and credible, as i think... besides i like projects based on curve exchange
oh so u might be interesting in new stablecoin dex - xsigma, just announced and they have interesting business model in whitepaper
thank u i'll check them, read smth about this project in cryptonews
jr. member
Activity: 48
Merit: 1
i'm not so optimistic regarding eth competitors) at least in 2021-2022 years. technically this blockchain is the best for easy launch dex platforms (and a lot of them are alredy operate on the market). and the most hyped defi projects are made on eth... even for me easier to check credibility and tech base of the project if it's made on eth
dex projects based on eth blockchain are really more simple and credible, as i think... besides i like projects based on curve exchange
oh so u might be interesting in new stablecoin dex - xsigma, just announced and they have interesting business model in whitepaper
newbie
Activity: 8
Merit: 0
ADA will pump up until evening time 3- 6 pm. Get in now and watch till tomorrow to dump
newbie
Activity: 21
Merit: 0
i'm not so optimistic regarding eth competitors) at least in 2021-2022 years. technically this blockchain is the best for easy launch dex platforms (and a lot of them are alredy operate on the market). and the most hyped defi projects are made on eth... even for me easier to check credibility and tech base of the project if it's made on eth
dex projects based on eth blockchain are really more simple and credible, as i think... besides i like projects based on curve exchange
jr. member
Activity: 48
Merit: 1
i'm not so optimistic regarding eth competitors) at least in 2021-2022 years. technically this blockchain is the best for easy launch dex platforms (and a lot of them are alredy operate on the market). and the most hyped defi projects are made on eth... even for me easier to check credibility and tech base of the project if it's made on eth
jr. member
Activity: 153
Merit: 1
from my point of view, the 2021 will be a year of defi exchanges)) if we check trading volumes, we can see that real hype is there. also launching defi platforms on exchanges indirectly indicate this trend.
yes, I agree that defi exchanges will be one of the hottest trends, new dex-es actually are in area of my special interest)
so i recommend you to observe xsigma project - promising defi stablecoin exchange. soon they plan to announce tech details, but financial plan looks good
newbie
Activity: 63
Merit: 0
from my point of view, the 2021 will be a year of defi exchanges)) if we check trading volumes, we can see that real hype is there. also launching defi platforms on exchanges indirectly indicate this trend.
yes, I agree that defi exchanges will be one of the hottest trends, new dex-es actually are in area of my special interest)
legendary
Activity: 1974
Merit: 4715
Binance Research (Calvin & Etienne)
June 6th 2019
DeFi Series #1
https://research.binance.com/en/analysis/decentralized-finance-lending-borrowing

"DeFi, as illustrated by these lending and borrowing platforms, appears as one of the best use-cases of blockchain technology which could reach up to billions of users across the globe and allow access to basic financial services at efficient rates."

Binance Research (Etienne)
September 24th 2019
DeFi Series #2
https://research.binance.com/en/analysis/defi-arbitrage-strategies

"Furthermore, new aspects must also be considered for future analysis like oracle price arbitrage opportunities or additional decentralized platforms like Uniswap. Ultimately, interest rate swaps25 or markets to hedge against the direction of interest rates26 could further bring a whole new range of trading opportunities."

Binance Research (Etienne), in collaboration with the team of DApp.Review
January 8th 2020 (updated on January 22th)
DeFi Series #3
https://research.binance.com/en/analysis/2020-borderless-state-of-defi

"Once some technical and legal challenges are solved, we expect a meteoric growth in the decentralized financial industry, likely to attract individuals and capital beyond the scope of the existing crypto-industry.To conclude, the rapid development of DeFi has already led to the creation of an active and creative global community, building the first blocks to challenge traditional financial platforms."
jr. member
Activity: 345
Merit: 1
from my point of view, the 2021 will be a year of defi exchanges)) if we check trading volumes, we can see that real hype is there. also launching defi platforms on exchanges indirectly indicate this trend.
member
Activity: 196
Merit: 11
https://blockmembers.io/
Most of the things that were intented for defi in 2020 is already a reality or being worked on and for 2021 i see even bigger thinhs coming but personally i would like to see a hybrid defi and crypto banking sort of model where we can have all financial products at a single platform.
member
Activity: 812
Merit: 10
BountyMarketCap
It seems like the currect corrective or bearish phase in defi is mainly because of too many new projects coming and going all in name of defi and whose sole purpose is to steal some eth from the community who is ready to chase each new project.
With so much going on in the defi sector i am sure future is bright for quality defi projects and at the moment so many supportive and infrastructural projects are being worked on which will definitely grow the scope of defi platforms and projects in future making them full fledhe financial platforms.
full member
Activity: 686
Merit: 125
That all of the speculations or analyzation you made are true and happening. But I cab add one thing that Defi projects are same with ICO projects which more like being hype and were just being subject for abuse by the scammers and fraud activities.

Other than that hackers had find loopholes in the Defi project system where they can sold coins as reported in the news after the secret manipulation of the system which reported in the forum. Sad I was not able to get the link of that news.
newbie
Activity: 2
Merit: 0
I recently blew my mind on Reloaded "a decentralized protocol facilitating secure, fast, anonym, atomic swaps between cryptocurrency pairs across the Bitcoin and Ethereum blockchains" https://reloaded.finance/ https://twitter.com/r3lo4d3d What do you think about this?
copper member
Activity: 966
Merit: 5
One thing about the crypto space is that, it is easy to predict about coins, it's future price, what will happen and so on, but when reality sets in, no one will remember those predictions again because everyone will then be after their own welfare and of course funds. All these predictions are somewhat good but with the way Defi projects are popping up, it might means that Defi might not last long, because attention that would have been given to the good ones are being shared by many others thus majority of investors are now seeing it as a means to make good money rather than for the use case they offers. Projects like Compound drew the massive attention but can same thing be said about other Defi projects now? Also, the prediction that many will challenge ETH looks far from happening, because ETH on its own is also looking for more ways to be better.
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
Everybody actually expected all these from Defi but looking at things, it may not last as you expected because of lack of trust from users. Scammers have invaded and they are really scamming users alot and the trust is dying off. So I don't think what we are looking at about Defi will work out such long.
jr. member
Activity: 1162
Merit: 1
Base.protocol
I beg to differ in the first two points you made. DeFi growth might not last till end of the year. Most persons will wait to get information in the investments done now. So many had invested currently they need to see results
member
Activity: 714
Merit: 11
Regarding your message, I believe that there is a future, but the system should be comprehensive and rely not on advertising, but on manufacturability, innovation!
Therefore, I choose projects and invest exactly where there is a team, where there is aspiration.
Previously, there was a wave of popularity of anonymity and I chose the project (XSPEC) for myself,
in parallel, I drew attention to DEFI and chose the project (PHORE) back in 2017.
I believe these technologies will be useful.
MY OPINION IS FUTURE !!!

Now there is a big wave of popularity DeFi
Here read - Phore Synapse — The Future of DEFI ( https://medium.com/@phoreblockchain/phore-synapse-the-future-of-defi-8671e7ca5501 )


I don't know, but in my opinion, Phore is still not worthy of being the next DeFi, because in my opinion there is a little bit that needs to be addressed. First is the exchange, I saw that phore was only listed on a small market and from there, I think there is no one in my opinion a good market, especially for Latoken, I know it is entered into an exchange with volume quite a lot but for altcoin?  that exchange is not good, and also why not follow the others? for example making an ERC20 version of phore and putting it on Dex like uniswap, just following other projects because most of them are doing it and that's a good step.

It's very simple, you are used to pumps and smart contract advertising.
And PHORE exclusively develops an integral ecosystem where it has its own store, its own eco-system. Own developments. Their time will come when people understand that they need to think with their own heads, and not run after the pump.

https://medium.com/@phoreblockchain - Explore! Analyze, broaden your horizons.
full member
Activity: 812
Merit: 100
Regarding your message, I believe that there is a future, but the system should be comprehensive and rely not on advertising, but on manufacturability, innovation!
Therefore, I choose projects and invest exactly where there is a team, where there is aspiration.
Previously, there was a wave of popularity of anonymity and I chose the project (XSPEC) for myself,
in parallel, I drew attention to DEFI and chose the project (PHORE) back in 2017.
I believe these technologies will be useful.
MY OPINION IS FUTURE !!!

Now there is a big wave of popularity DeFi
Here read - Phore Synapse — The Future of DEFI ( https://medium.com/@phoreblockchain/phore-synapse-the-future-of-defi-8671e7ca5501 )


I don't know, but in my opinion, Phore is still not worthy of being the next DeFi, because in my opinion there is a little bit that needs to be addressed. First is the exchange, I saw that phore was only listed on a small market and from there, I think there is no one in my opinion a good market, especially for Latoken, I know it is entered into an exchange with volume quite a lot but for altcoin?  that exchange is not good, and also why not follow the others? for example making an ERC20 version of phore and putting it on Dex like uniswap, just following other projects because most of them are doing it and that's a good step.
member
Activity: 714
Merit: 11
Regarding your message, I believe that there is a future, but the system should be comprehensive and rely not on advertising, but on manufacturability, innovation!
Therefore, I choose projects and invest exactly where there is a team, where there is aspiration.
Previously, there was a wave of popularity of anonymity and I chose the project (XSPEC) for myself,
in parallel, I drew attention to DEFI and chose the project (PHORE) back in 2017.
I believe these technologies will be useful.
MY OPINION IS FUTURE !!!

Now there is a big wave of popularity DeFi
Here read - Phore Synapse — The Future of DEFI ( https://medium.com/@phoreblockchain/phore-synapse-the-future-of-defi-8671e7ca5501 )

sr. member
Activity: 406
Merit: 250
The Fourth Generation of Blockchain in DeFi
1. Total Value Locked in DeFi will continue to raise and might reach X billion mark.
▪️"We'll see significant growth over the next year, both in terms of value locked in the DeFi smart contracts and user base" by DeFiprime
▪️"Total value locked up in Ethereum DeFi will surpass 1 billion dollars in 2020" by Outlier Ventures
▪️"Value locked in DeFi hits $5B" by Blockchain Capital
▪️"The DeFi sector will continue to grow. The amount of funds locked in DeFi will double at least" by CryptoRank

2. Significant competition to Ethereum will arise.
▪️"More cross-chain DeFi projects and at least 2 major public chains other than ETH will establish a noticeable DeFi eco, competing with ETH" by Ryan Tian
▪️"Ethereum still will be the #1 platform for DeFi projects. We'll see fully functional and trustless bridges from BTC to the ETH-based DeFi ecosystem.  We'll see 10x attempts to build the DeFi ecosystem from scratch, both on old semi-dead blockchains from the past, and on newish VC founded" by DeFiprime

3. Interoperability will arrive in 2020
▪️"Interoperability will arrive in 2020" by Roy Learner
▪️"We'll see significant progress with blockchains interoperability and the adoption of DEXes with assets swaps between more than one blockchain" by DeFiprime

4. We might see the fall of at least one DeFi project either because of regulations or volatility of the market and systematic risks of the collateral.
▪️"We'll see at least one project being slapped by regulators. It'll force other projects to switch from the team ruled somewhat-DeFi/CeFi to non-custodial/DAO-governed." by DeFiprime
▪️"There will be at least one major collapse of the current well-known project due to the volatility of the market and systematic risks of the collateral." by Ryan Tian

5. The amount of BTC locked in DeFi will significantly raise and might even outperform ETH
▪️"BTC will eclipse ETH as the primary value locked in DeFi" by Roy Learner
▪️"Don't bet against Bitcoin, and try to pull its value into DeFi machines" by Lex Substack

Any additional thoughts?

Credit: cryptodiffer


It would be nice if DeFi would really push through and not just stick with the hype. Im working for a DeFi project right now and would also love to see where this thing takes us. Im looking forward to it.
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