I have tried that and in my experience if everything gone very smooth. i have used compound as the best platform to do lending or borrowing. I have also traded on the various dex especially UNISWAP.
I have also invested in IEO called serum and made a very good money from there. Defi is a financial platform that built from the public crowdfunding.
Some defi has created a new way to farm the token without need any blockchain or consensus. There was a lot of scam defi too and you must be careful.
Topic: Your experience with DeFi - page 2. (Read 261 times)
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I heard a lot about DeFi, more than about the POS of ETH 2.0 coming. However, I have not had the opportunity to experience DeFi much, I have never even used crypto payment.
Many people understand that DeFi is Lending & Borrowing, and I think this is the main activity that has made DeFi such strong growth in the past 6 months.
Have you ever Lend & Borrow in DeFi? Or how did you experience DeFi? Trading on DEXs? Invest in ICOs/IEOs? Please share your experiences about DeFi.
Many people understand that DeFi is Lending & Borrowing, and I think this is the main activity that has made DeFi such strong growth in the past 6 months.
Have you ever Lend & Borrow in DeFi? Or how did you experience DeFi? Trading on DEXs? Invest in ICOs/IEOs? Please share your experiences about DeFi.
Staking on liquidity pool is the trend on DeFi right now. I mine Sushi token before using my AMPL stake and the daily profit is very good. The only problem is the volatility of token price itself, Due to many whales mining it, the tendency of the token to be dump is high because there’s a lot of new token generated daily and added to the supply. In general, Defi is very profitable if you know when to exit but definitely not recommended for newbie because you might suffer a 50% loss overnight if you bought the wrong hype coin.
I heard a lot about DeFi, more than about the POS of ETH 2.0 coming. However, I have not had the opportunity to experience DeFi much, I have never even used crypto payment.
Many people understand that DeFi is Lending & Borrowing, and I think this is the main activity that has made DeFi such strong growth in the past 6 months.
Have you ever Lend & Borrow in DeFi? Or how did you experience DeFi? Trading on DEXs? Invest in ICOs/IEOs? Please share your experiences about DeFi.
Many people understand that DeFi is Lending & Borrowing, and I think this is the main activity that has made DeFi such strong growth in the past 6 months.
Have you ever Lend & Borrow in DeFi? Or how did you experience DeFi? Trading on DEXs? Invest in ICOs/IEOs? Please share your experiences about DeFi.
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