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Author Topic: DeFi is King  (Read 3294 times)

Offline EAA-ALLAH

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DeFi is King
« on: March 05, 2021, 02:00:35 AM »
According to the research, the native tokens of many DeFi projects saw more linear growth in price this year. This seems to be dwarfed by the exponential growth seen in the summer of last year.

This is despite the growth of several of the largest decentralized finance projects such as Aave and Sushi. Their tokens quadrupled and sextupled since the beginning of this year alone.

Indeed, the value of DeFi tokens rose, and their use in DeFi products saw a similar rise over the past two months. Total Value Locked (TVL) – a measure of the value of tokens staked in DeFi products – sits at just under $40 billion.

On Feb 22nd, it reached a peak of $45 billion, triple its value at the beginning of the year, according to data from DeFi Pulse.
Source of information:Read

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DeFi is King
« on: March 05, 2021, 02:00:35 AM »

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Re: DeFi is King
« Reply #1 on: March 08, 2021, 04:35:28 PM »
Defi tokens are one of the tokens in cryptocurrency.  Defi Token will be the king of all tokens.  Because now Defi Token has gained wide popularity.  Defi tokens occupy a wide place in cryptocurrency.

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Re: DeFi is King
« Reply #2 on: March 08, 2021, 05:35:18 PM »
Defi tokens are more popular than all tokens in cryptocurrency.  Defi tokens have gained a lot of popularity in a short period of time but are also much more popular than unique tokens.
« Last Edit: March 08, 2021, 05:39:44 PM by Papusha20 »

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Re: DeFi is King
« Reply #3 on: March 08, 2021, 08:24:11 PM »
This is because it is influenced by the benefits and uses of DeFi. DeFi's growth is getting better and very important for the blockchain ecosystem
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Offline Bobcrypto

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Re: DeFi is King
« Reply #4 on: March 08, 2021, 08:57:41 PM »
Indeed, Defi  token are fast receiving great interest around the world, and I think more people will invest on many defi projects in 2021. This is just the beginning of good thing things to come on Defi projects. There are huge potentials on the defi ecosystems and many people that understood the eosystems will embrace it.

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Offline zilzylian

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Re: DeFi is King
« Reply #5 on: March 09, 2021, 03:44:46 PM »
The new beginning of the DeFi project has just started and is in a popular trend in 2020 until now.
There are many investors who are interested in the large number of benefits they offer. I am sure the price of DeFi tokens will increase according to the number of requests for the offers they provide to investors by providing various services to make it easier for investors to invest on the DeFi platform.

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Offline Condorlaib

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Re: DeFi is King
« Reply #6 on: March 09, 2021, 06:04:50 PM »
According to the forecasts of many analysts of the cryptocurrency market, 2020 has not yet been a peak for Defi projects. In addition, the trend of excitement around defi will gradually increase in 2021 and we will see even better results. Therefore, this volume of investment in Defi projects is not yet the maximum, but given the increased interest in decentralized finance, investment growth will continue.

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Re: DeFi is King
« Reply #6 on: March 09, 2021, 06:04:50 PM »


Offline Hometown

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Re: DeFi is King
« Reply #7 on: March 10, 2021, 04:25:47 PM »
Recently decentralized finance projects are becoming more and more popular and profitable but somehow due to high exessive Ethereum network fees, some decentralized finance projects are decreasing it's popularity.

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Re: DeFi is King
« Reply #8 on: March 12, 2021, 07:54:43 AM »
This is because it is influenced by the benefits and uses of DeFi. DeFi's growth is getting better and very important for the blockchain ecosystem

DeFi is also important to users. It is the bridge between crypto and finance which the people are in touch. Both parties are important that makes DeFi popular and getting bigger. Many crypto users support DeFi because there a good future.

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Re: DeFi is King
« Reply #9 on: March 12, 2021, 02:16:39 PM »
The Defi project is currently in a very good position.  If we look at defi tokens, we will see that the market price and demand for these tokens are very good.  Sushi tokens are well priced.  Defi tokens will be improved day by day.
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Offline Monster5

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Re: DeFi is King
« Reply #11 on: March 12, 2021, 05:08:42 PM »
Currently DeFi tokens are very popular Got it.Due to which everyone is DeFi I think DeFi is the king of tokens.DeFi platforms will be further improved in the future. And their blockchains will be strengthened.So DeFi is the king of cryptocurrency can be considered.

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Re: DeFi is King
« Reply #12 on: March 14, 2021, 12:16:43 AM »
Defi tokens are one of the tokens in cryptocurrency.  Defi Token will be the king of all tokens.  Because now Defi Token has gained wide popularity.  Defi tokens occupy a wide place in cryptocurrency.
Decentralized Finance projects are popular but not king at all because Bitcoin always be the king of all cryptocurrencies.

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Re: DeFi is King
« Reply #13 on: March 14, 2021, 12:19:01 AM »
Currently DeFi tokens are very popular Got it.Due to which everyone is DeFi I think DeFi is the king of tokens.DeFi platforms will be further improved in the future. And their blockchains will be strengthened.So DeFi is the king of cryptocurrency can be considered.
Decentralized Finance projects are the best projects among with ERC 20 based assets but not over bitcoin. I think bitcoin and binance coins are more popular than some DeFI projects.

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Re: DeFi is King
« Reply #14 on: March 15, 2021, 02:54:48 PM »
I didn't think that defi could make the cryptocurrency world so full of enthusiasts, before defi appeared I thought cryptocurrency would die. So it is true that defi is king
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