How to know a DeFi scam

[sair786]

This is excellent ready news that you are share. Effectively a record number of activities is a scam to this task. I think you are likewise correct and your subject is valid. However, presently a portion of the supervisors have relaxed some acceptable undertaking. I think this task is without scam projects. Since a portion of some director and community is very strong

[Raqeebzy]

Fake/Non-existent team
It is an increasingly common trend for scammers to invent fake founders and biographies for their projects, and stick it o their websites. Some don't bother at all. Having said this, some legit DeFi projects have anonymous team members. This point shouldn't be a deal breaker though.

I believe for every project to an investor, this should be the major criteria to take note going forward, might not necessarily be DeFi specifically.
It is very perfect to say a project without a proper team or an anonymous/fake team is either born to fail or it is totally a fake one from scrap. It is the most important thing in my opinion.

[Mahindra]

DeFi projects are the most scam. Most of the projects of DeFi advanced platform Tao are scam. However, the DeFi projects that are currently in place are much better. I think DeFi platforms will be further improved in the future than at present.

[iRan Chy]

Thanks for the nice explanation. If I had known these things before, I would not have suffered any loss. I bought some DeFi tokens that have been IEO in UniSwap. Which later scams. I became alert after reading your post today. Thank you very much.

[Bad leyar]

There are currently all DeFi projects They are not likely to be scams Because at present the DeFi platforms are being improved.Due to which day by day DeFi projects are cryptocurrency Going forward a lot.I hope the DeFi platforms will be better in the future.

[Churphans]

What if the web page only shows cartoon images on the faces of each team? is such a project any good? how to find out fake web page?

Only Decentralized Finance projects are possible without team management but others projects with cartoon pic mentioned that it is scam projects.

[Ronald]

A few days ago we saw some scam projects where they did everything right but when it came to payment they went down the web page. Again there are some who have run away after completing 50% of the work.