Author

Topic: So you like DeFI? (Read 193 times)

legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
October 18, 2021, 06:55:03 PM
#15
I believe the Defi ecosystem will provide opportunities for successful crypto business. In 2021, the Defi game project appeared which I think is very interesting to follow. Not only game projects but other projects also use Defi. Even the Defi system is via the Stellar Lumens protocol.
Defi already gets attention from the investors and gives them a big profit. Still, I am not sure if the booming of the DeFi will continue as I see that from some weeks ago, the popularity of DeFi has been reducing. If the DeFi can get more attention from the investors and many new projects can give different things from the previous project, maybe the booming of the DeFi can continue. But you should remember that the trend in the crypto world will always change so you need to know when to get out from that before it is too late.

To tell you the truth, I don't understand the DeFi phenomenon. It is true that this project has attracted a lot of investors with huge capital, but for me it is just as boring as collecting seashells. Of course, someone may like them and everyone can have whatever hobby they want. However, investing huge amounts of money in works of art or similar things that are only in electronic form makes no sense to me. I think there will be something new in a few months and everyone will forget about DeFi.
There's a certain market for everything and there would be always those positive sentiments and negative ones on particular manner which simply means demand is on different scale and on different situations.
It might not be that for everybody but it did turn out that DeFi did really make out some hype and interest although theres always some criticisms but well you arent forced to deal with it
and as a crypto investor then you should know on how to deal up with things on organized manner.

just like ICO platforms, you should be very cautious dealing with Defi because the promise of passive income is really not true at all. only few of them can cater their promise of passive income. because these users, they can easily go from platform to platform, whichever serves him best. i tried farming in some tokens but eventually i cashed out. i just don't want to deal with declining value and hoping that one day it will miraculously rise for no reason. but i like the concept of defi, if only they can sustain the services they are offering.
sr. member
Activity: 2226
Merit: 347
October 18, 2021, 06:48:45 PM
#14
I believe the Defi ecosystem will provide opportunities for successful crypto business. In 2021, the Defi game project appeared which I think is very interesting to follow. Not only game projects but other projects also use Defi. Even the Defi system is via the Stellar Lumens protocol.
Defi already gets attention from the investors and gives them a big profit. Still, I am not sure if the booming of the DeFi will continue as I see that from some weeks ago, the popularity of DeFi has been reducing. If the DeFi can get more attention from the investors and many new projects can give different things from the previous project, maybe the booming of the DeFi can continue. But you should remember that the trend in the crypto world will always change so you need to know when to get out from that before it is too late.

To tell you the truth, I don't understand the DeFi phenomenon. It is true that this project has attracted a lot of investors with huge capital, but for me it is just as boring as collecting seashells. Of course, someone may like them and everyone can have whatever hobby they want. However, investing huge amounts of money in works of art or similar things that are only in electronic form makes no sense to me. I think there will be something new in a few months and everyone will forget about DeFi.
There's a certain market for everything and there would be always those positive sentiments and negative ones on particular manner which simply means demand is on different scale and on different situations.
It might not be that for everybody but it did turn out that DeFi did really make out some hype and interest although theres always some criticisms but well you arent forced to deal with it
and as a crypto investor then you should know on how to deal up with things on organized manner.
sr. member
Activity: 1554
Merit: 260
October 18, 2021, 06:34:51 PM
#13
I believe the Defi ecosystem will provide opportunities for successful crypto business. In 2021, the Defi game project appeared which I think is very interesting to follow. Not only game projects but other projects also use Defi. Even the Defi system is via the Stellar Lumens protocol.
Defi already gets attention from the investors and gives them a big profit. Still, I am not sure if the booming of the DeFi will continue as I see that from some weeks ago, the popularity of DeFi has been reducing. If the DeFi can get more attention from the investors and many new projects can give different things from the previous project, maybe the booming of the DeFi can continue. But you should remember that the trend in the crypto world will always change so you need to know when to get out from that before it is too late.

To tell you the truth, I don't understand the DeFi phenomenon. It is true that this project has attracted a lot of investors with huge capital, but for me it is just as boring as collecting seashells. Of course, someone may like them and everyone can have whatever hobby they want. However, investing huge amounts of money in works of art or similar things that are only in electronic form makes no sense to me. I think there will be something new in a few months and everyone will forget about DeFi.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
October 16, 2021, 03:02:10 AM
#12
I believe the Defi ecosystem will provide opportunities for successful crypto business. In 2021, the Defi game project appeared which I think is very interesting to follow. Not only game projects but other projects also use Defi. Even the Defi system is via the Stellar Lumens protocol.
Defi already gets attention from the investors and gives them a big profit. Still, I am not sure if the booming of the DeFi will continue as I see that from some weeks ago, the popularity of DeFi has been reducing. If the DeFi can get more attention from the investors and many new projects can give different things from the previous project, maybe the booming of the DeFi can continue. But you should remember that the trend in the crypto world will always change so you need to know when to get out from that before it is too late.
full member
Activity: 641
Merit: 106
October 15, 2021, 06:47:57 PM
#11
I believe the Defi ecosystem will provide opportunities for successful crypto business. In 2021, the Defi game project appeared which I think is very interesting to follow. Not only game projects but other projects also use Defi. Even the Defi system is via the Stellar Lumens protocol.
legendary
Activity: 3038
Merit: 1169
October 04, 2021, 05:59:51 PM
#10
I really like DeFi project, mostly NFT games but also cautious about it at the same time, because even though it looks promising and can get you a lot of sum of money towards investing in some, there is a great risk in involving yourself with one of it, in fact a DeFi project can sure rugpull out of existence, like there is nothing happen, and even commit inside trading while everyone is sleeping, even the legit ones can sure pull some untasteful thing out of the blue, we should be prepared on what may happen, because we can not know the future, but we must have a mindset of always prepare for the worst but hope for the best attitude.
legendary
Activity: 1890
Merit: 1537
October 04, 2021, 05:23:37 PM
#9
Yes, I like DeFI projects and decentralized finance in general, because it is more credible and transparent than any other system. It has also achieved huge success in a recent period. It also has many advantages, in addition to the fact that DeFI projects are highly profitable, as most decentralized finance projects provide benefits and returns when providing liquidity, but there is something You should know before investing in DeFI projects that this investment is full of risks and scammers, So be careful.
member
Activity: 898
Merit: 19
Do it For Better Humanity (Bitget trader)
October 04, 2021, 12:10:55 PM
#8

What are the most promising new DeFi projects today for the future? because I also like the DeFi project that is in cryptocurrency especially if it can be very profitable for the future which is very fun to follow.

Let me give an answer to your question
Some new and promising Defi projects i know are :
Sunny aggregator on solana ecosystem : This is very fun to follow
Bright Union on Ethereum network : up to 300% apy
Biswap on Binance smartchain
You can also get more on coingecko.com here : https://www.coingecko.com/en/categories/decentralized-finance-defi and make ur research on them.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
September 19, 2021, 05:56:38 PM
#7
OP, you can try to upload it on other site which supported on here.

Defi, i really like it. It made me passive income through my investment, obviously i'm talking about single asset vault on here. If you are going to create Liquity, you will have impermanent loss later, which will make your investment amount become less and lesser from time to time

Impermanent loss is one of the major downsides that DeFi liquidity mining/providing initiative have. But I used to be very much concerned about it last year but I've stopped now. Currently, I'm providing liquidity of Ref Finance (It's the first DeFi + AMM) that's currently available on NEAR blockchain. I've been farming for a while and I've not really noticed much about it mainly because the rewards to stake LP tokens are super good.
legendary
Activity: 2366
Merit: 1130
September 19, 2021, 05:06:09 PM
#6
OP, you can try to upload it on other site which supported on here.

Defi, i really like it. It made me passive income through my investment, obviously i'm talking about single asset vault on here. If you are going to create Liquity, you will have impermanent loss later, which will make your investment amount become less and lesser from time to time
legendary
Activity: 1568
Merit: 1002
September 19, 2021, 03:07:45 AM
#5
I don't really like it, how about you guys??
Why don't you like DeFi ? even though there have been many successful projects with the DeFi concept and also have uses that everyone can rely on, if you don't understand about DeFi, then you can learn it slowly and gradually, don't immediately make a decision not to like it, even though you don't understand it.
member
Activity: 308
Merit: 10
www.cd3d.app
September 19, 2021, 12:15:15 AM
#4
I don't really like it, how about you guys??
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
May 30, 2021, 02:16:58 PM
#3
I don't quite understand what you mean though, and I can also see that you were trying to post some images, a newbie account can't post images, you upload the image to an image sharing website like imgur and share the link here, this way, every one will be able to see your link and click on it to view the image  you tried to post here.
And to answer your question, I don't know whether to say I like defi or not, but the fact is that I lost a lot of money on defi projects, both on scam and abandoned project, but then, I know defi has helped shape the crypto space in many ways and has also contributed immensely to its growth and development, so I cant say I hate defi, but then, I hate the bad eggs who have used this medium to perpetrate their evil act.
hero member
Activity: 2324
Merit: 513
Catalog Websites
May 30, 2021, 11:58:18 AM
#2
You can upload it to another image website and have it upload here. But a newbie rank can only post the link.
But posting the whole image using the img code won't appear because there's an image posting restriction for newbie ranks.
jr. member
Activity: 90
Merit: 6
May 30, 2021, 02:37:03 AM
#1
Trading at lightning speed:
https://miro.medium.com/max/700/0*mS1DbSez-S4PPeqr.gif

So you like AMM (Automated Market Making)?
https://miro.medium.com/max/800/1*PeBNnpyjjc4WgfzKPp6o3A.gif

 Shocked

edit: sorry this forum doesn't support medium.gif.
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