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Topic: Is DeFi Dead? - page 5. (Read 1030 times)

legendary
Activity: 3542
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
December 14, 2020, 03:42:06 PM
#10
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.
hero member
Activity: 2744
Merit: 761
Burpaaa
December 14, 2020, 03:20:49 PM
#9
The correction could be bring lasting solution to some challenges in Defi,more people are beginning to to look into Defi but in a careful way. Improved DEX are coming out with intent of low transaction fee, better DEX interface, Simpler transaction process, better loaning and interest, better Farming and security. If this level is found, confidence of traders and investors will bring a reliable Defi community

This is not correction. Many DeFi project turns to scam which results to fear. Many investors already lose tons of money on this kind of pump and dump scheme. This is same scenario to 2017 ICO madness that suddenly died after scammer enter the same boat and destroy the crypto Community by creating fear using scam ICO.

Lots of DeFi project is just a copy cat of each other like yield farming and elastic supply concept. Only few DeFi project might survive but the majority of the existing DeFi project will surely die on this market collapse.
copper member
Activity: 966
Merit: 14
December 14, 2020, 02:54:29 PM
#8
Well, I don't think DeFi is dead because of two reasons; first there are still upcoming DeFi projects every day where some are good enough to reach their aim in public sale and secondly, there are still Defi projects which are working till date with good volume and marketcap. However, when looking at the status of Defi projects before and currently, there is a lot of differences which one might look at and think that DeFi is dead; first is, a good number of DeFi projects have been hacked and many exited scam, secondly the DeFi hype has fallen a whole lot wherein most upcoming projects are now see for what they are, that is, projects with little or no use case.
Hence my own opinion is, Defi is still around, not dead and many will still come up, hence before investing try and study them to know if they are worthwhile.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
December 14, 2020, 06:49:13 AM
#7
The correction could be bring lasting solution to some challenges in Defi,more people are beginning to to look into Defi but in a careful way. Improved DEX are coming out with intent of low transaction fee, better DEX interface, Simpler transaction process, better loaning and interest, better Farming and security. If this level is found, confidence of traders and investors will bring a reliable Defi community
sr. member
Activity: 1344
Merit: 250
December 14, 2020, 06:22:11 AM
#6
Not yet, the Defi project is still active but only a few are able to hold the price of the Defi project. The average current price of the Defi project is falling and it makes investors disappointed because the price drops so fast and there are also some Defi projects that make the price low when listing on the exchange it made the price even lower than the initial selling price, which made the Defi project less attractive for now.
hero member
Activity: 2240
Merit: 953
Temporary forum vacation
December 14, 2020, 02:10:13 AM
#5
I always had a poor view of DeFi and that has never changed,,, in fact only worsened with all the rugpulls as you point out. But like ICOs,,, they will not die instantly they can only take off higher with more people coming in. This will last many months more.

P.S. Doge Dad, I actually only read that now even though I have seen your other threads. May I ask why you open so many threads? Why not just one single thread and update it every now and then when you have this new issue?
sr. member
Activity: 1484
Merit: 253
December 14, 2020, 01:12:39 AM
#4
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.

Unpredictable market will have no given signs that we should leave or pursue our aims in trading. With Defi projects don't give up and let's continue to reach that goals that we're looking forward. One day everything will have profit, but it needs a lot of patience before everything will be gone normal for every finances that we've been struggling through.
full member
Activity: 1024
Merit: 100
December 14, 2020, 12:01:20 AM
#3
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.
sr. member
Activity: 1176
Merit: 252
Futurov
December 13, 2020, 04:17:31 PM
#2
no, defi isn't dead
because The DeFi crypto market cap is $17.78B, and over the last day the marketcap is increasing about 7.34% thats mean defi is not dead
check the detail here https://coinmarketcap.com/defi
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
December 12, 2020, 07:03:32 PM
#1
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


Whether you wanted to or not, you heard about DeFi and decentralized finance in cryptocurrency this year. DeFi has largely revolved around Ethereum, but some other projects with a lot of money are still trying to break into DeFi like Binance and their Binance Smart Chain, and Tron, and even Cardano ADA are funding new DeFi projects to build on their blockchain! However despite all of this the most popular decentralized exchange, ever, has lost a ton of liquidity, and in DeFi and DEXs liquidity largely implies success and real usability. Are the anonymous developer DeFi rug pull scams that are still running rampent the cause of the death of DeFi or is DeFi simply going to evolve, and remain a leader in the Bitcoin Ethereum Crypto space?? Let's review DeFi and if DeFi is still profitable!

Links!
Uniswap the biggest and best decentralized exchange - http://voskco.in/uniswap
Gitcoin grants funding thousands for DeFi - http://voskco.in/git0x
Compound and Uniswap exploring grants to build DeFi - http://voskco.in/2hvR
Uniswap liquidity plunges without UNI pools - http://voskco.in/POJU
DeFi is coming to Cardano ADA - http://voskco.in/ada9
Compound Finance is incredibly NOT profitable lol - http://voskco.in/comp0x
Monitor Ethereum transactions fees TX fees - http://voskco.in/ethtx
whiff dai or YFDAI here's the VoskCoin YFDAI review - https://www.youtube.com/watch?v=Wmbv4Vb1t1I

⏰ Timestamps ⏰
00:00 - 01:20 Is DeFi DEAD?
01:21 - 02:00 Headlines regarding DeFi's death
02:01 - 03:05 What do the numbers say?
03:06 - 03:58 Has the bubble popped?
03:59 - 05:50 Current state of the DeFi market & liquidity pools
05:51 - 06:56 Earning crypto on Compound & Crypto.com
06:57 - 08:30 YFDAI's crazy growth
08:31 - 09:14 Eclipseum showcase
09:15 - 12:15 Grants & expansion into the DeFi space
12:16 - 12:40 VoskCoin Grant updates
12:41 - 13:23 Balancing support & producing content
13:24 - 14:41 Final Verdict - Is DeFi really dead?

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