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Topic: Is DeFi Dead? - page 4. (Read 1030 times)

hero member
Activity: 2632
Merit: 833
December 18, 2020, 12:35:41 AM
#30
DeFi will be death when it is lost trusted from people because of many DeFi scam DeFi project, in fact many DeFi use same sourcecode. DeFi will be survive if we can counter those DeFi scam project. People love it because DeFi is self custody and we can access our fund from anywhere in the world, also people does not trust Bankster anymore. We will see only 2 - 5 DeFi will be survived with a lot of fund locked there.

Not only scams, but they have been hacked, resulting to money lost to investors. So if you are a wise investors, then you will not let your money lock because there's no way that you can get it back once it is being hack.

And lately we have heard a lot of breaches also, flash loans attack because the source code is very weak. And hackers will able to find some weaknesses and then one day you will just wake up that some group of hackers have stolen millions of dollars again.
full member
Activity: 560
Merit: 217
December 17, 2020, 11:32:19 PM
#29
DeFi will be death when it is lost trusted from people because of many DeFi scam DeFi project, in fact many DeFi use same sourcecode. DeFi will be survive if we can counter those DeFi scam project. People love it because DeFi is self custody and we can access our fund from anywhere in the world, also people does not trust Bankster anymore. We will see only 2 - 5 DeFi will be survived with a lot of fund locked there.
full member
Activity: 1204
Merit: 104
December 17, 2020, 12:04:31 PM
#28
There will definitely be no such excitement in the market among DeFi projects as it was six months ago. But nevertheless, today some projects still continue to develop and have good prospects. At least I am interested in the DeFi Yield protocol, which provides quite large opportunities and services for its investors.
full member
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★Bitvest.io★ Play Plinko or Invest!
December 17, 2020, 10:46:18 AM
#27

Decentralized Finance made some crypto investors millionaires, but is DeFi dead now? Uniswap liquidity has been falling and DeFi rug pull scams worth millions of dollars keep adding up. Let's review DeFi!
Subscribe to VoskCoin - http://voskco.in/Sub

Eclipseum the new DeFi token ECL! http://voskco.in/ecl20

https://www.youtube.com/watch?v=McLZLli3NQg




Defi is still Alive but the thing is are they still competent in market growth?this is the much important question to be answered.


Looking towards the Defi Projects that made a real Huge run last couple of months? i think what you asking is True and DEFI may not be dead totally but this is dying now and won't be able to come back like what ICO season does years back.

Look how they perform in this Bullish market?

While the majority of currencies are Pumping Greatly yet DEFI's only goes a little Green and Red at the same time.
I also monitored this ,i was expecting more Pumping from their end because Defi started this bull couple of months ago before the XRP followed and then EThereum and Bitcoin.
But seems to be no in this direction defi is facing.
legendary
Activity: 2674
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December 17, 2020, 08:29:20 AM
#26
Seeing from some of the prices of crypto projects that use the Defi system, they still have high demand. because DeFi is a big step forward to democratize access to financial products, even though it carries huge risks due to unaudited smart contracts. but for now defi is still the top choice for crypto users

Huge demand, but most of it completely unsustainable. As soon as the increased incentives/rewards go out and run out, and maybe it won't for a year or so, these models have nothing else to sustain themselves because people always always move on to look for better profit. DeFi is good and the concept's amazing but the way their models are currently playing out, no way long term.
full member
Activity: 2408
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★Bitvest.io★ Play Plinko or Invest!
December 17, 2020, 08:26:11 AM
#25
Decentralized Finance made some crypto investors millionaires, but is DeFi dead now? Uniswap liquidity has been falling and DeFi rug pull scams worth millions of dollars keep adding up. Let's review DeFi!
Subscribe to VoskCoin - http://voskco.in/Sub

Eclipseum the new DeFi token ECL! http://voskco.in/ecl20

https://www.youtube.com/watch?v=McLZLli3NQg



Looking towards the Defi Projects that made a real Huge run last couple of months? i think what you asking is True and DEFI may not be dead totally but this is dying now and won't be able to come back like what ICO season does years back.

Look how they perform in this Bullish market?

While the majority of currencies are Pumping Greatly yet DEFI's only goes a little Green and Red at the same time.
member
Activity: 421
Merit: 47
December 17, 2020, 07:34:22 AM
#24
DeFi (Decentralized Finance) is not dead; it is just under the radar at the moment which is not strange. The large and huge crowding, hypes in crypto currency is normal with new platforms, blockchain and tokens. Now that is hype is over; this is the time to identify the true strength of DeFI which to my opinion is not that great. I do hope defi can live to expectations, but it is not dead.
full member
Activity: 2268
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#SWGT PRE-SALE IS LIVE
December 17, 2020, 06:47:40 AM
#23
^ @OP, maybe this is just your feeling. DeFi transactions are still very large, this makes ETH gas fees very high. what you mean is dead maybe just a saturated market, maybe many investors are moving to Bitcoin because the price of Bitcoin is rising.

yes, a lot of money flow from defi to bitcoin, and thats make the defi market look quite, but the facts defi still alive
i believe only few defi project with bad performance will dead soon or later my friend

It is natural that currently bitcoin is at its peak, many are switching to bitcoin but that does not guarantee that all will do this because with a high bitcoin value it is wiser to look for other tokens because with bitcoin rising then it should be a good token. will increase too.

Likewise with defi should still run well if he is good, because the boost of bitcoin will also make everyone including the defi project will be lifted. but defi is still in trouble because of the many scam projects that make investors afraid to go there, but I agree that defi is not dead and is still going well and there are still many successful. there must be an immediate improvement if you want to remain and exist.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
December 15, 2020, 04:47:07 PM
#22
^ @OP, maybe this is just your feeling. DeFi transactions are still very large, this makes ETH gas fees very high. what you mean is dead maybe just a saturated market, maybe many investors are moving to Bitcoin because the price of Bitcoin is rising.

yes, a lot of money flow from defi to bitcoin, and thats make the defi market look quite, but the facts defi still alive
i believe only few defi project with bad performance will dead soon or later my friend
full member
Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
December 15, 2020, 04:41:34 PM
#21
^ @OP, maybe this is just your feeling. DeFi transactions are still very large, this makes ETH gas fees very high. what you mean is dead maybe just a saturated market, maybe many investors are moving to Bitcoin because the price of Bitcoin is rising.
hero member
Activity: 1946
Merit: 502
December 15, 2020, 02:33:11 PM
#20
Defi is not dead only the hype has really reduce from what it use to be in the beginning,  when new trend is out it is usually the case until people had their fill then the popularity will slowly be dropping,
The constant hack on defi platform is another reason for defi hype to dwindle.
member
Activity: 609
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Rexx
December 15, 2020, 02:00:43 PM
#19
Seeing from some of the prices of crypto projects that use the Defi system, they still have high demand. because DeFi is a big step forward to democratize access to financial products, even though it carries huge risks due to unaudited smart contracts. but for now defi is still the top choice for crypto users
legendary
Activity: 2534
Merit: 1338
December 15, 2020, 01:54:15 PM
#18
no, because until today the trading volume of all Defi projects is still quite large. maybe lately there have been many problems with Defi, many Defi projects have been hacked and have suffered losses. but see today people still have hope in Defi. so I thought Defi would never die.
What is happening like always is that investors are putting their money in coins with no value and scammers realizing this have began to release all kind of useless coins so they can invest in them and then scammed them, it is the sad reality, this means that over the long term interest in DeFi projects is going to drop down dramatically, however the few good projects that remain are going to get incredibly popular but it is unlikely that we are ever going to see an interest like the one we saw during this year.
full member
Activity: 742
Merit: 128
Coinbene.com - Experience Fast Crypto Trading
December 15, 2020, 12:38:13 PM
#17
Defi is not dead, in my opinion what has died is the interest in the Defi project,
because many of Defi's projects have now become nonsense, yes scammers are also in the Defi project,
making Uniswap the home of the Defi scammer project, of course this is what makes DeFi's name bad.

Another reasons is there are also many defi project that advertise here and turn to be scam .so how people will trust that program if they know that there are many scam defi that already in the market that even promoted here. they even listed their tokens first in uniswap, before making a sale .thats why many think it's a good coin to invest or to join bounty because they can easily trade it. But the bad news is this is only a way to sold tokens to investors. if they can find a way to review each of every defi project then that's the only way to be back all the trust of investors to invest in them.
full member
Activity: 1750
Merit: 118
December 15, 2020, 12:37:15 PM
#16
Defi is not dead, in my opinion what has died is the interest in the Defi project,
because many of Defi's projects have now become nonsense, yes scammers are also in the Defi project,
making Uniswap the home of the Defi scammer project, of course this is what makes DeFi's name bad.
What's the difference ? If people have no interest on defi , defi will continue to fall one by one and will end like an ico and defi actually started and also compared similar to ico that we got back days .

 There still defi that are standing strong and those are the original or the defi's with real  purpose . scammers are everywhere so expect that they will appear in the defi field and since its decentralized scammers loved it .
member
Activity: 1078
Merit: 21
COMBONetworkio
December 15, 2020, 08:23:16 AM
#15
Defi is not dead, in my opinion what has died is the interest in the Defi project,
because many of Defi's projects have now become nonsense, yes scammers are also in the Defi project,
making Uniswap the home of the Defi scammer project, of course this is what makes DeFi's name bad.
hero member
Activity: 2856
Merit: 769
December 14, 2020, 07:50:03 PM
#14
Vosk is doing great thanks to youtube money but sometimes I feel like he creates topic names or video names more likely, just to get attention. I understand that he needs to be watched and viewed and that is why he does this, but the reality is that we should not really look for getting more and more views just with clickbait titles.

Look at defi world right now for example, it is as lively as it gets and it is making as much profit as you could hope for, with the defi systems giving people staking or other methods of passive income as well I do not think that people will stop investing into it, I get that it may look that way to some people because the huge hype is gone but we are at a sustainable level where it is still quite very valuable and profiting a lot of people.

For you to monetize then these typical clickbaits will be expected thats why i do read up first everyones comment before tending to click out any links  Cheesy Not to be bitter for someone
to make money through views but it would be always ethical to deliver the right side of things without having that deceptive manner.

DeFi is dead? Cant blame out people who do have this kind of impression now and if we do based or look on what currently the defi market is been doing then it turns out
that the hype is gradually getting lower which isnt surprising but somehow there are indeed projects which are really worth to engage on.

legendary
Activity: 2618
Merit: 1105
December 14, 2020, 06:16:13 PM
#13
It isn't dead but has opened doors to scammers to scam innocent people with their fake and non-sense schemes. And I do not think that there are more days left for the survival of DeFi and it will get buried with its projects the way all the old categories got away with the money of good people.
jr. member
Activity: 98
Merit: 2
December 14, 2020, 05:53:29 PM
#12
Defi dead? Common! oviously no. But there is few problems in the current defi mechanism which can be solved with the help of new defi gem - https://peanut.trade/
Peanut is a set of smart contracts that automatically balance prices after each trade to help LPs earn more and reduce slippage with no manual effort.
With Peanut, 90% of the LP liquidity goes directly into the Uniswap pool. The other 10% goes into the Peanut protocol, to serve as a price balancer.The current Uniswap model requires LPs to supply 100% of the assets they wish to pool in a single transaction, with a 50/50 weighting of each token based on a respective market value of each asset. Once the LP has supplied these assets to a Uniswap liquidity pool, they are at the mercy of IL, and are particularly prone to large buy and sell orders that will move the market price.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
December 14, 2020, 04:53:14 PM
#11
About to be. Some of them are already having their exit plan executed by making it look that they've been hacked or some bugs run through their platform and withdraw the fund out of their economy.
Soon and very soon, most of them are to be gone and there will be those strong and relative Defis that will stay. It's the same as other altcoins that have remained tough and yet, many of them have been forgotten.
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