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Author Topic: Is Defi Booming Again?  (Read 16962 times)

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Is Defi Booming Again?
« on: September 10, 2020, 10:44:12 AM »
The Total Value Locked(TVL) in DeFi space had reached its heights on Sep 02, 2020, with $9.6 billion locked. Unfortunately, it fell to the lowest point at $6.8 billion on Sep 09, 2020, but bounced back within hours. Currently, $7.24 billion is the valve locked in DeFi. Will Defi Boom again?
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Is Defi Booming Again?
« on: September 10, 2020, 10:44:12 AM »

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Re: Is Defi Booming Again?
« Reply #1 on: September 10, 2020, 04:24:25 PM »
Just be careful when dealing Defi base token investment because not every project that was tag with Defi name is legit most of them are just shit bubble trap its better to warn others before getting caught in the web trap of fake Defi projects.

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Re: Is Defi Booming Again?
« Reply #2 on: September 10, 2020, 07:50:34 PM »
We have all seen the boom of DeFi in the past thanks to projects like YFI & Uniswap, and now showing signs of cooling down when there are no more similar projects, maybe the DeFi market has saturated on the idea. However, it is difficult to say if this is the culmination of the DeFi wave in 2020, but I think DeFi is currently in a cycle of stability and returning to its true value.
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Re: Is Defi Booming Again?
« Reply #3 on: September 11, 2020, 07:43:28 AM »
Its still boom. The deducted on defi, are probably due to market retracement. Not only defi but even major coins experience a massive dump and this can be correlated well to that fact. Defi still working good and I can see this is only a temporary situation. Rember that were approaching bull run and anytime it could explode in an instant and I believe defi will be the reason of it.
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Re: Is Defi Booming Again?
« Reply #4 on: September 11, 2020, 09:19:22 AM »
So many people already get scammed because investing in defi related projects and make their trust to defi gone. So I don't think defi will booming again with many negative sides on it. Defi can make people rich quick but also can make poor quickly. For me, i better on between.

Offline Lutera94

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Re: Is Defi Booming Again?
« Reply #5 on: September 11, 2020, 09:37:11 AM »
yes, its time for DeFi now. defe effected in crypto market like a boss. may be now take some time to growing up again. but not every defi project are good. if project have a good support & active then this kind of project will boom for sure. i think defi given a 2nd life in crypto market. so potential defi project will pump again.
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Re: Is Defi Booming Again?
« Reply #6 on: September 11, 2020, 01:16:42 PM »
I'm not a fan of defi, because I knew that most of the token over this trading fair is not good in my own little way.
I would rather to do trading fair in USD, BTC, ETH, because these are the most often I am confident to trade in the actual
the market now for a couple of years done until now.
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Re: Is Defi Booming Again?
« Reply #6 on: September 11, 2020, 01:16:42 PM »


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Re: Is Defi Booming Again?
« Reply #7 on: September 11, 2020, 02:19:40 PM »
DeFi still blooming. Actually, even this days people are talking about DeFi and searching for the best one to invest and become rich in the future. Now is the time of DeFi and we don't even know until when this hype about to end. For now, just be careful because not all in titled as DeFi project is real. Some are scammers.
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Re: Is Defi Booming Again?
« Reply #8 on: September 11, 2020, 02:41:07 PM »
It takes more time to assess the effectiveness and prospects of DeFi projects. Many of them are unambiguously useful, and therefore there is no doubt that they will be in demand and develop in the future. However, scammers are always in a hurry to take advantage of the hype around them. Therefore, before investing your money in these projects, you need to study them well so as not to fall for the tricks of scammers.
Overall, DeFi projects should still grow in both popularity and value.
« Last Edit: September 11, 2020, 02:51:13 PM by Noverteno »

Offline bigcash2011

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Re: Is Defi Booming Again?
« Reply #9 on: September 12, 2020, 12:56:18 PM »
You know this is a new and trending business so it will continue for a while untill it gets saturated or stabilized but i think it will keep growing for maybe next 2 years.

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Re: Is Defi Booming Again?
« Reply #10 on: September 12, 2020, 01:17:07 PM »
I saw many Defi projects right now, promo their project on bounties. Is this the time of DeFI? I don't know DeFi still booming or not? but we must careful
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Re: Is Defi Booming Again?
« Reply #11 on: September 14, 2020, 12:15:26 PM »
Their is alot of good project are coming in market , this is right time to invest in defi projects . We must carefully while we are going to be invest in DeFI project because some of them is scam as a result you will be lost your money .

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Re: Is Defi Booming Again?
« Reply #12 on: September 14, 2020, 02:48:10 PM »
It is difficult to foresee, but after a series of scams, some projects began to grow again, but I would recommend that you do not enter a large part of the deposit into DeFi projects, it looks like the ICO of 2017, but then many projects were scammed, I am waiting for the same now. Only the strong will remain.

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Re: Is Defi Booming Again?
« Reply #13 on: September 14, 2020, 06:30:56 PM »
Don't hesitate with the Defi project, now is Defi's time. Like in 2017, the ICO project reached its peak, that's how Defi is now.
But you have to be careful with your money, do a review first, not to lose.

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Re: Is Defi Booming Again?
« Reply #14 on: September 15, 2020, 08:14:58 AM »
The Total Value Locked(TVL) in DeFi space had reached its heights on Sep 02, 2020, with $9.6 billion locked. Unfortunately, it fell to the lowest point at $6.8 billion on Sep 09, 2020, but bounced back within hours. Currently, $7.24 billion is the valve locked in DeFi. Will Defi Boom again?
Source: https://the Url is blocked due to spam #Cpspam/news/is-defi-booming-again/
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