Is DeFi Dead? | Bitcointalksearch.org

domoy77

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Quote from: ?? on ??

No, DeFi is not Dead.

It is an open alternative to all your entire financial system is decentralized which means there?s no intermediary (or) third party involved. Defi built on blockchain technology, the distributed public ledger, encrypted by crystallography.

There are multiple DeFi Services as,
1. Direct purchase payments.
2. Lending protocols.
3. Borrowing protocols.
4. Insurance.
5. Tokenization of assets
6. Crowdfunding.
7. Prediction markets.
8. Decentralized cryptocurrency Exchange.
Ref Link - https://www.wyzth.org/

I didn't check the link you provided, but I'll just ask all the DeFi services you mentioned, which one is the most helpful and has been running successfully? because I see there are some services from DeFi that are not running successfully.

ardentvolcanoes

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Quote from: Shasha80 on January 26, 2021, 06:37:18 PM

People who say DeFi is dead are not doing their research properly, because DeFi is starting to get back on its feet now. We can see that some
DeFi projects have sprung up for promotion, and also if we look at the performance of old DeFi tokens on CMC sites, most of them show an increase
in prices. Even UNI and LINK that I HODL reached new ATH a few days ago and I managed to take profit. So this year's DeFi projects will be
a good investment choice to be able to generate profits.

There's always different speculations about any projects, it's good for you to stay and enjoy taking the profits out of your investment.

Not everyone are capable managing to do the same, more and more are being trapped since they are not fully aware of any project

that will gives them good benefits. Still ends from how you appreciate the project and how deep you are willing to support.

tbterryboy

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I believe it is living a whole another life now and that is a life people are not seeing too much, because it became a bit niche. ETH related defis are not doing great because they didn't really consider what would happen with the fee, there are people who invest 200k dollars now so 20-30 dollars is nothing but the smaller investors got screwed, so it is living on its last leg since they would be all gone the moment those huge money is no longer interested.

However defi is not dead and even reborn at BSC, they are doing many new projects and even though they are not as much known as other places, they are doing fine there as well. We have seen millions of dollars change hands there, or tens of millions of dollars invested as well. Go look at pancakeswap, arguably most known one and see how much money is invested there. So, that means defi may die but will reborn in another shape which means there is no end to it.

Shasha80

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People who say DeFi is dead are not doing their research properly, because DeFi is starting to get back on its feet now. We can see that some
DeFi projects have sprung up for promotion, and also if we look at the performance of old DeFi tokens on CMC sites, most of them show an increase
in prices. Even UNI and LINK that I HODL reached new ATH a few days ago and I managed to take profit. So this year's DeFi projects will be
a good investment choice to be able to generate profits.

bitcon

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Quote from: SlimShadyMmp on January 15, 2021, 05:41:00 PM

Very far from that I think DEFI standing strong is basically what's making the crypto space stand tall So many things I won't say all are moving and acting well base on defi

DEfi it only in the process of its development. All the negative comes from the officials who want to somehow control this market. DeFi projects are really very promising, we can see a lot of new things.
Naturally, money will continue to pour into this new direction and we can all earn!

namcunguyen

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Quote from: Congyang on January 25, 2021, 09:57:43 AM

deFI seems like it will never die, it's just that maybe in the next few years or so deFI will be displaced by another fresher concept. because in a crypto project every year there are always new concepts that become popular

Nothing is forever, defi too. However those are stories of the future, a few projects that are growing very rapidly in price now.

minhtra

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i will just put tis here https://www.coingecko.com/en/coins/defipulse-index

Congyang

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deFI seems like it will never die, it's just that maybe in the next few years or so deFI will be displaced by another fresher concept. because in a crypto project every year there are always new concepts that become popular

freedomgo

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DeFi not dead, you can say it's dead if there's no volume anymore, as of this times, the volume is pretty impressive and it has increase to a huge marketcap already. Some projects have volume of over a billion so it does not really say that the DeFi is dead in overall, in fact, it's the opposite.

As you can see. https://coinmarketcap.com/defi/

elisabetheva

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Quote from: Kocret02 on January 16, 2021, 01:53:00 AM

Quote from: MUG1WARA on December 26, 2020, 06:21:17 AM

defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before

because the scam definition factor can affect the reduction of enthusiasts in the defi. so I think right now there must be innovation from deFI if it is to be in a good position and attract a lot of popularity. because now the development of crypto is increasingly broad with the most recent concepts

maybe your opinion is correct, which must be fixed by defi. although we also have to admit that not all defi projects have failed, there are still many that have survived well. But the scam treatment that continues to occur in Defi greatly affects investors to refrain from wanting to join the Defi project again.
so now it is up to our individuals to sort out which ones we can follow and not.

TastyChillySauce00

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Quote from: SlimShadyMmp on January 15, 2021, 05:41:00 PM

Very far from that I think DEFI standing strong is basically what's making the crypto space stand tall So many things I won't say all are moving and acting well base on defi

Not so strong as it was before. Did you read how much money that has been stolen by the scammers through defi rugpul and that's a lot of money. People are only investing in defi when they know that's legit defi and it can be trusted.
i have been actively discussing this on the defi search tele group and people became even more selective when it comes investing in the defi project.
Defi is a part of a hyped trend by the crypto users. It can be another forgotten one.

Kocret02

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Quote from: MUG1WARA on December 26, 2020, 06:21:17 AM

defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before

because the scam definition factor can affect the reduction of enthusiasts in the defi. so I think right now there must be innovation from deFI if it is to be in a good position and attract a lot of popularity. because now the development of crypto is increasingly broad with the most recent concepts

crzy

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Quote from: SlimShadyMmp on January 15, 2021, 05:41:00 PM

Very far from that I think DEFI standing strong is basically what's making the crypto space stand tall So many things I won't say all are moving and acting well base on defi

Exactly, DeFi is still doing great right now and some of them already reach its new all time high so I think they are really here to stay for good. Not of DeFi is good so you have to choose very well, but I’m telling you my holdings are doing great right now and I’m happy for that. The market trend will continue to go up, and good DeFi will join the trend.

SlimShadyMmp

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Very far from that I think DEFI standing strong is basically what's making the crypto space stand tall So many things I won't say all are moving and acting well base on defi

coinswebid

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Quote from: begau on January 15, 2021, 02:02:12 PM

Quote from: VoskCoin on January 15, 2021, 01:37:42 PM

IMO the biggest thing holding back DeFi are these ETH transaction fees O_o

ETH transaction fees are part of the reason. Most importantly projects are being overblown and scams are too much.

thats why people must know how to choose the right defi project, if they don't to lose their money
for the OP, i believe defi still alive

begau

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Quote from: VoskCoin on January 15, 2021, 01:37:42 PM

IMO the biggest thing holding back DeFi are these ETH transaction fees O_o

ETH transaction fees are part of the reason. Most importantly projects are being overblown and scams are too much.

VoskCoin

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IMO the biggest thing holding back DeFi are these ETH transaction fees O_o

minhtra

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almost $200 this index tracking Defi https://www.coingecko.com/en/coins/defipulse-index

SyndicateLabs

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Quote from: anishprasla on January 12, 2021, 07:09:55 AM

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The news is too old, but i see many DeFi projects that are really dead because they cannot maintain their prices in the market. However this is acceptable because those projects are of poor quality, 2021 DeFi will be much different because projects have had time to prepare but i still hope there will be many projects that do not.

lepbagong

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It seems that DIFI has not died yet, but has returned to normalization. Just like IEO and ICO, when the heat ends, it will return to normal. I don't know who the hot spot will be in the next round. How about NFT, this is just my guess.

It is true, even though it is plagued by many problems but for those that have been running it can still succeed even though many doubt it, it seems that all new forms of any system in crypto from ICO, IEO, Defi always experience things where there are troublemakers who use the opportunity to seek instant profit, so that it impacts everywhere. ICO alone is considered a success and can survive well even though it is also affected but it lasts quite a long time. miss the heyday of ICOs to repeat itself, where bounties can be very passionate.

Topic: Is DeFi Dead? (Read 1101 times)