Now a days Defi makes a great roll in crypto currency market. We see the the high price of crypto coin YFI which is belong to defi. So i think that defi can change our market position not only by price also in reliability.

Yeah, I agree. They offer unique application and I think interchain connectivity will be implemented and function with the help of DeFi ecosystem for sure.

Benchmark Protocol is a Supply Elastic Collateral and Hedging Device, Driven by the Volatility Index. The protocol operates as a rules-based utility that dynamically adjusts supply based on the CBOE volatility index (VIX) and deviations from the target metric - equal to 1 Special Drawing Rights (SDR) unit. The first supply adjustment has been accomplished a few days ago. So, I think SDR implementation is unique and never achieved before. So, once other DeFi projects start considering it to reduce volatility and be on a safer side, the early adopter $MARK will enjoy the increase.

Great explanation. I looked into it and found this: https://medium.com/benchmarkprotocol/benchmark-protocols-first-supply-adjustment-notice-bb34f6579d07 This SDR thing has real-wordl applications for crypto industry. It makes difference in crypto space as stablecoins like USDT are not backed totally and once SEC questions them, they will be drowned.

If you are looking for a new project then just don't look at DeFi. There are other use cases and projects that could be a good investment opportunity. Most of the DeFi just offering the same thing like Farming, decentralized governance, Liquidity pool, staking, etc. So looks for something new even its, not DeFi.

I agree. But instead of going full in one thing, diversification will be good, I think. We just entered into 2021 and we will see a new trend as well. But similar to ICOs, DeFi trend may continue for this year as well. So, I was planning to diversify investment to DeFi and other trends.

Happy new year to everyone.

So, 2020 is over and I hop you would have filled a few bags. Now what's next? Bitcoin is literally mooning and ETH is on track to $1500. But these are not only the beasts. Many of you would have made handsome profits from other coins (probably DeFi) rather than getting it from BTC and ETH. And, it seems random new DeFi kid on the block is getting success by a large. So, what is the best DeFi project in your mind? Also provide reason(s), please. Let's make this thread interesting.

I look forward to upcoming Nord Finance IDO. It looks very bullish.