Author

Topic: Kraken exchange target DeFi projects (Read 109 times)

hero member
Activity: 2884
Merit: 620
July 20, 2020, 01:55:23 PM
#8
Impressive? I don't think so. They have to ride the trend so that there will be volume coming from them with those DeFi coins. Almost every exchange have to go with the mass whichever is the most popular thing that we have.

And lately, DeFi are getting the hype so if an exchange does it again, that's not impressive. But what they do is adoption and won't allow themselves be late with the trend.


You got it right and this isnt something a revolutionary step to be made by these platforms which they do normally join up the bandwagon in terms of hype and current trending thing and dont make themselves fall in the end of the line.

Defi projects might be the hype now and sooner or later those exchange platforms will really jumped in on listing out certain projects and as long they do know that they can possible benefit
out in terms of liquidity or volume then its not surprising thing that they would do.

Nothing new and revolutionary on this one though.
It is what I'm noticing with the recent trends. After the hype for the crowdfunding projects IEO/ICO, they have come up with a new idea and the investors are liking it. Somehow it's getting a good feedback and looks effective as they are decentralized.

If this new trend of DeFi can be maintained well, there will be a slow but surely adoption to it. And people like me who are not yet into this might get involved soon once we see that it's effective and working.
full member
Activity: 896
Merit: 198
July 20, 2020, 02:57:43 AM
#7
Who wouldn't want to take advantage of this opportunity, now everyone wants to take part in the defi Project, even bounty hunters are also more interested in participating in defi project, then why exchange be more interested, I think this time more defi project will come out because this is the new trend and where the money is.

Its another way to earn bulk of money so they will always find way to follow the new trend and exchange is also one of it that is looking for that great opportunity.


I am just afraid since it's a new trend scammer will always there and  take this as another advantage to create their own defi project And it will be a way to raise money again after the ICO and IEO trend.
hero member
Activity: 2926
Merit: 722
July 19, 2020, 06:18:17 PM
#6
It thus looks like the hype surrounding DeFi projects is just getting started, this year I have a very high positive feeling about Stable coins and DeFi projects, a day ago I find out that Kraken is on DeFi, impressive isn't it?

So guys what's your take on this??
Impressive? I don't think so. They have to ride the trend so that there will be volume coming from them with those DeFi coins. Almost every exchange have to go with the mass whichever is the most popular thing that we have.

And lately, DeFi are getting the hype so if an exchange does it again, that's not impressive. But what they do is adoption and won't allow themselves be late with the trend.


You got it right and this isnt something a revolutionary step to be made by these platforms which they do normally join up the bandwagon in terms of hype and current trending thing and dont make themselves fall in the end of the line.

Defi projects might be the hype now and sooner or later those exchange platforms will really jumped in on listing out certain projects and as long they do know that they can possible benefit
out in terms of liquidity or volume then its not surprising thing that they would do.

Nothing new and revolutionary on this one though.
member
Activity: 1260
Merit: 21
July 19, 2020, 02:35:36 PM
#5
Who wouldn't want to take advantage of this opportunity, now everyone wants to take part in the defi Project, even bounty hunters are also more interested in participating in defi project, then why exchange be more interested, I think this time more defi project will come out because this is the new trend and where the money is.
hero member
Activity: 2884
Merit: 620
July 19, 2020, 05:25:10 AM
#4
It thus looks like the hype surrounding DeFi projects is just getting started, this year I have a very high positive feeling about Stable coins and DeFi projects, a day ago I find out that Kraken is on DeFi, impressive isn't it?



So guys what's your take on this??
Impressive? I don't think so. They have to ride the trend so that there will be volume coming from them with those DeFi coins. Almost every exchange have to go with the mass whichever is the most popular thing that we have.

And lately, DeFi are getting the hype so if an exchange does it again, that's not impressive. But what they do is adoption and won't allow themselves be late with the trend.

copper member
Activity: 392
Merit: 1
July 19, 2020, 03:53:31 AM
#3
It thus looks like the hype surrounding DeFi projects is just getting started, this year I have a very high positive feeling about Stable coins and DeFi projects, a day ago I find out that Kraken is on DeFi, impressive isn't it?



So guys what's your take on this??
More and more projects are going for Defi projects and project are based on defi are successful this year (I guess its appealing to investors)
hero member
Activity: 2408
Merit: 693
Undeads.com - P2E Runner Game
July 19, 2020, 12:02:49 AM
#2
Like you said, the hype on defi projects has increased so much this particular year and will continue to increase from the looks of things, exchanges have noticed the opportunity on defi project to make money while still hot so they will definitely go for it, now you can see some few upcoming defi project in the market,  my only hope is they continue to be genuine and trusted, and should not be taken over by scammers like what happened in ico.
member
Activity: 490
Merit: 10
July 15, 2020, 04:03:32 AM
#1
It thus looks like the hype surrounding DeFi projects is just getting started, this year I have a very high positive feeling about Stable coins and DeFi projects, a day ago I find out that Kraken is on DeFi, impressive isn't it?



So guys what's your take on this??
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