I am not sure what could be the future because it all depends on what people do with the technology however I know that people are pretty much in love with the idea of not having any centralized organization in between of this. I get that blockchains are decentralized and bitcoin is decentralized but the way we use bitcoin is not decentralized at all, it was highly centralized because we all used billions of bitcoins on centralized places.
Now with the decentralization we are finally using crypto on no organizations platform which is why it was loved so much. Plus there is a lot more money to be made from this as well, it allows people to profit from just having it and that is something centralized projects do not have. This is why this new defi craze will probably not end because it gave power to people and not the project creators.
Topic: What will DeFi's Future look like? (Read 238 times)
So, in conclusion, DeFi is good for "farming" money but not stable at all.
The bubble will soon burst.
Bitcoin breaks 20K is a sign that people are getting back to the "origin" of cryptocurrency. DeFi tokens will be taken down sooner or later, and people will get back together with their old friends: Bitcoin and altcoins.
The bubble will soon burst.
Bitcoin breaks 20K is a sign that people are getting back to the "origin" of cryptocurrency. DeFi tokens will be taken down sooner or later, and people will get back together with their old friends: Bitcoin and altcoins.
In as much as there's no longer much hype about DeFi anymore we can't deny the fact that DeFi in 2020 was a blast, but there have been alot of cons attached to it, we have seen devs dumping hard on the investors, also due to the huge recognition DeFi got during those months, scammers came in like they did in the time of ICO's and made off with millions, so many investors lost hugely in those scam projects, I know nothing is 100% guaranteed but DeFi isn't the solution we need.
Defi are the future of crypto. With no middleman and a small service fee, exchange, trading and all sort of banking would be just more easy, beneficial and productive for everyone. Total decentralization maynot be all in one solution against bank but they'll eliminate many of the banking functions. And rest would be captured by centralized exchanges. But not all of these Defi would make it to the future, to be real I don't think any of the current defi would be future proof.
DeFi was good at the start, but now it's something else i'm not really sure any of this current DeFi will survive in the future, most of their tokens are just pump and dump nothing special about them, DeFi might just end up dying like ICO's in the long run.
In my opinion, DeFi will be the solution for the future of the financial system, despite its advantages and disadvantages as a savings and loan mechanism. DeFi will continue to create new innovations that will make digital financial transactions easier. Because basically, Defi is here to be a solution to financial problems around the world.
Some current DeFi projects do not have such a thing called "Governance". It will fall very soon after the hype goes by.
I can't wait to see what they can bring us in 2021.
I can't wait to see what they can bring us in 2021.
there are just defi projects that we can't identify whether scam or not. this is why its best to just stick to the ones already working like the Uni. Defi is really a good development as added to the Dex, we just need to be careful which to invest.
there is one varation they are developing but its almost just like defi still which is the Open Finance.
Defi future will looks like ICO feature. There will be something new and HYPE that will be more popular after defi
I also think that DeFi projects would end up like ICO projects. Investors nowadays would only invest their money in popular and hype projects because it is the only thing that would help them gain a considerable amount of profits, instead of investing their money in a project that is not promising, so when something comes up that is more promising than DeFi, they would definitely end up the same as ICO projects.
Some current DeFi projects do not have such a thing called "Governance". It will fall very soon after the hype goes by.
I can't wait to see what they can bring us in 2021.
I can't wait to see what they can bring us in 2021.
Defi future will looks like ICO feature. There will be something new and HYPE that will be more popular after defi
Wait until it determines the future of it on 2021.
There's not that much to offer from Defi and it's all about everyone can earn from them. But that doesn't remove the risk that it has and those who have tried it out the earliest haven't thought of it and luckily, it's a success for them.
And as defi progresses, you will start to see many of them go passive next year. Well, you can actually see many of them are not doing good this year. That's already the hint about them.
There's not that much to offer from Defi and it's all about everyone can earn from them. But that doesn't remove the risk that it has and those who have tried it out the earliest haven't thought of it and luckily, it's a success for them.
And as defi progresses, you will start to see many of them go passive next year. Well, you can actually see many of them are not doing good this year. That's already the hint about them.
what about the many cases of hacks that attack Defi, won't this affect the Defi ecosystem in the future. Defi provides financial solutions that traditional platforms do not have, but on the one hand they are very vulnerable.
is decentralization worth the risks? this is what I always think about Defi. think decentralization is the solution to existing problems, but they also present new problems.
for now I think Defi's future looks sketchy. as long as the defi platform is still haunted by hacks. this won't be good for Defi.
is decentralization worth the risks? this is what I always think about Defi. think decentralization is the solution to existing problems, but they also present new problems.
for now I think Defi's future looks sketchy. as long as the defi platform is still haunted by hacks. this won't be good for Defi.
Many DeFi won't be alive in next few more months probably after the bull market is over, only very few will be alive that's why it's good to do research on projects an only invest on the few projects that are useful for all crypto users and investors
The only legit defi that keep generated more and more funds to be used as operation fund will be alive. So many defi projects have been created to be money grabber project. We can't deny the fact that if there will be bunch of defi will be going to the graveyard as soon as possible. It's just the matter of time until more and more defi will have gone. The competition is very strict these days between any defi platforms.
What more do you think Defi will do in the future?
Nothing TBH, I don't see deFi as a system with a future but just hype, I don't know how deep you've bought into the deFi hype, but do not expect any long term success from most, if not all of it's projects, quite a few people have prolly made some ROI on the platform, but that's that, the hype trend isn't something that can be sustained for an indefinite period of time, by next year, I'm sure the scams will be overwhelming and the system may not survive it, just like it was with ICO or IEO.Defi are the future of crypto.
This is not true, with time investors will realize that Defi hasn't got what it takes to have a future in crypto, mind you that as you talk big about the DeFi network, be careful when investing in it, so you don't make so much losses when it crashes, or rather when the hype dies off completely. 
As we all know, DeFi revolutionizes the way we approach financial solutions and makes those accessible to everyone. Defi Solutions minimize transaction errors and blockages by removing human errors.
What solutions does DeFi offer?
Find these solutions in detail: https://pantograph.io/the-future-of-defi-solutions-is-here/
What more do you think Defi will do in the future?
What solutions does DeFi offer?
- Started with Decentralized Exchange (DEX)
- Non-custodial Wallet in the Extension Form
- Earn APY from Staking at the Mainstream of Defi Solutions
- Decentralized Swap between assets
- NFT Evolution on the move
Find these solutions in detail: https://pantograph.io/the-future-of-defi-solutions-is-here/
What more do you think Defi will do in the future?
IMHO, I believe that all you are mentioned are good for the future of the Defi sector. But If the current problems and loopholes still persist, I don't think it's good for the future of the Defi sector. Because doubt maybe arises if scams and the sudden disappearance of crypto deposits in their position will continue to happen it should be fixed to erase all doubts if possible.
Many DeFi won't be alive in next few more months probably after the bull market is over, only very few will be alive that's why it's good to do research on projects an only invest on the few projects that are useful for all crypto users and investors
Do you think the current decentralized was so many human errors? IMO nothing special at all about DeFi they only offering APY ( Interest ) same as Lending on 2017 but with different method.
Only a few DeFi platforms will survive because almost 90% DeFi project was really stupid with a thousand interest.
I tend to agree. Mostly of defi projects will have their project died in the end. Only few of those will likely to survive. I like defi to be honest cause they open a lot of possibilities that we can do with different functions and features of smart contract. What I dont like is that its being abused by most of the other fake projects using only on scamming.Only a few DeFi platforms will survive because almost 90% DeFi project was really stupid with a thousand interest.
Anyway I'm sure there will come a time that this will be solve in the future and probably will be lessen.
I agree as well.
There is no future for DEFI. THey are mostly a buzzword. There is nothing decentralized about them, and lending is something just as old as money. But there are so many people in this cryprocurrency ecosystem that never heard of interest rates....
I think most of them are scams and everyone should stay away from 90% of those projects.
Do you think the current decentralized was so many human errors? IMO nothing special at all about DeFi they only offering APY ( Interest ) same as Lending on 2017 but with different method.
Only a few DeFi platforms will survive because almost 90% DeFi project was really stupid with a thousand interest.
I tend to agree. Mostly of defi projects will have their project died in the end. Only few of those will likely to survive. I like defi to be honest cause they open a lot of possibilities that we can do with different functions and features of smart contract. What I dont like is that its being abused by most of the other fake projects using only on scamming.Only a few DeFi platforms will survive because almost 90% DeFi project was really stupid with a thousand interest.
Anyway I'm sure there will come a time that this will be solve in the future and probably will be lessen.
DeFi has lost too much from incomplete projects and dubious code that was supposed to be audited yet contained various vulnerabilities. Millions were lost though. Not to add the scammer devs that had control of too many tokens and dumped them in the market or the Sushi dev dumper that had some big names to promote his junk.
Yes, and this has also been predicted by several people before, although many people just ignore it because they are lulled by the profit they got at that time, even though it is very clear that most of the DeFi project is fake and will experience a huge waste and will never last long. 
Defi are the future of crypto. With no middleman and a small service fee, exchange, trading and all sort of banking would be just more easy, beneficial and productive for everyone. Total decentralization maynot be all in one solution against bank but they'll eliminate many of the banking functions. And rest would be captured by centralized exchanges. But not all of these Defi would make it to the future, to be real I don't think any of the current defi would be future proof.
Do you think the current decentralized was so many human errors? IMO nothing special at all about DeFi they only offering APY ( Interest ) same as Lending on 2017 but with different method.
Only a few DeFi platforms will survive because almost 90% DeFi project was really stupid with a thousand interest.
Only a few DeFi platforms will survive because almost 90% DeFi project was really stupid with a thousand interest.
One of the new hype that is likely to topple over time and the amount of fraudulent drama that occurs. Maybe this is because the cryptocurrency space is very vulnerable to fraud. Scammers are not eyeing the blockchain, but they are targeting our careless people who are very easy to provoke.
I think DeFi will still be replaced by something newer hype, whether it's next year or a few years later.
I think DeFi will still be replaced by something newer hype, whether it's next year or a few years later.
DeFi has lost too much from incomplete projects and dubious code that was supposed to be audited yet contained various vulnerabilities. Millions were lost though. Not to add the scammer devs that had control of too many tokens and dumped them in the market or the Sushi dev dumper that had some big names to promote his junk.
I will rather tell you what they wont do. Very soon 90% of this DeFi project will be history because most of them are confused and overhyped with zero novelty. Kingswap is one of them (Uniswap copycat). They claim to be regulated decentralized finance. All of them offer similar features NFT staking, farming etc with zero knowledge of the best blockchain that suit what they intend to achieved. High transaction gas fee is the killer of DeFi projects that are majorly launched on Ethereum blockchain. Some of them have gone through unsuccessful movement to binance blockchain (BSC). ETGF is one of them. We all see what happen to Uniswap after farm reward was settled. Apart of the YFI that later produced a fork YFII I am yet to see a much relevant DeFi project with many potential that we can look forward to
Defining the future already shows us a little immaturity and designing a future for a given project is a complement to that. In my opinion there is a technological cycle that we can analyze from the appearance of Bitcoin to the present and all the technologies that appear are to raise or transcend a current problem. So we can find new technologies in addition to DeFi.
To begin with, DeFi concepts is really revolutionary and this is what made a lot of developers to create many DeFi projects thus causing the massive hype this year; that is, the early good DeFi projects brought about a very good idea and use case, investors got attracted to it, it grew and generated a lot hype. However, this hype as usual attracted a lot of scammers who leveraged the hype to enrich themselves. Also, this hype attracted a lot of developers who do not have enough experience to create and manage Defi projects, thus the reason there are many hacks on Defi projects. Now currently, the hype is no more and many of these DeFi projects are seen for what they truly are.
Therefore, in my own opinion, DeFi is good and there are just few good projects, but however, if only many developers will work hard and bring about trustworthy projects, then this space will feel the impact of Decentralized Finance.
Therefore, in my own opinion, DeFi is good and there are just few good projects, but however, if only many developers will work hard and bring about trustworthy projects, then this space will feel the impact of Decentralized Finance.
As we all know, DeFi revolutionizes the way we approach financial solutions and makes those accessible to everyone. Defi Solutions minimize transaction errors and blockages by removing human errors.
What solutions does DeFi offer?
Find these solutions in detail: https://pantograph.io/the-future-of-defi-solutions-is-here/
What more do you think Defi will do in the future?
There are still so many holes in defi and you must see that if a bunch of defi that offered the flash loans were getting hacked by the hackers. APY is not a solution and that's a garbage idea caused by the defi itself is only using its crap token to be distributed to the farmers. The defi can't generate the income from its service. APY is the worst thing in DEFI. What solutions does DeFi offer?
- Started with Decentralized Exchange (DEX)
- Non-custodial Wallet in the Extension Form
- Earn APY from Staking at the Mainstream of Defi Solutions
- Decentralized Swap between assets
- NFT Evolution on the move
Find these solutions in detail: https://pantograph.io/the-future-of-defi-solutions-is-here/
What more do you think Defi will do in the future?
This defi platform needs time to be more matured than before.
DeFi has been a bomb in 2020 so far, that's the truth.
There were many DeFi projects being announced to the world. The appearance of UNI is like a savior in the midst of the downtrend.
Now when Bitcoin is back in the game and Ethereum V2 is coming to town, DeFi is likely to take a huge leap next year.
I think next year, Yield Farming will still be the core of DeFi development.
Let's see what else will come.
There were many DeFi projects being announced to the world. The appearance of UNI is like a savior in the midst of the downtrend.
Now when Bitcoin is back in the game and Ethereum V2 is coming to town, DeFi is likely to take a huge leap next year.
I think next year, Yield Farming will still be the core of DeFi development.
Let's see what else will come.
As we all know, DeFi revolutionizes the way we approach financial solutions and makes those accessible to everyone. Defi Solutions minimize transaction errors and blockages by removing human errors.
What solutions does DeFi offer?
Find these solutions in detail: https://pantograph.io/the-future-of-defi-solutions-is-here/
What more do you think Defi will do in the future?
What solutions does DeFi offer?
- Started with Decentralized Exchange (DEX)
- Non-custodial Wallet in the Extension Form
- Earn APY from Staking at the Mainstream of Defi Solutions
- Decentralized Swap between assets
- NFT Evolution on the move
Find these solutions in detail: https://pantograph.io/the-future-of-defi-solutions-is-here/
What more do you think Defi will do in the future?
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