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Author Topic: Why is that Defi project are growing faster?  (Read 1473 times)

Offline Delgboke

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Why is that Defi project are growing faster?
« on: January 23, 2021, 09:48:14 AM »
In the year 2018 many crypto currency project were developed and also listed in the crypto market but are still struggling to gain value, it has been a thing o concern that new era in the crypto industry has just surfaced which is called Defi and this technology is growing bigger on daily basis more than the first existing crypto project.what could you say is the main reason behind this move in the Defi project?
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Why is that Defi project are growing faster?
« on: January 23, 2021, 09:48:14 AM »

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Offline Andruha1993

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Re: Why is that Defi project are growing faster?
« Reply #1 on: January 23, 2021, 10:33:29 AM »
DeFi projects are developing faster in my opinion because their tokens are quickly bought up, since they can really bring huge profits in a few days.
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Re: Why is that Defi project are growing faster?
« Reply #2 on: January 23, 2021, 10:42:04 AM »
Because in 2020 there was a HYIP defi project, in an analogy with HYIP 2017. This is a new direction in the crypto community and all these projects grew very quickly by 200-500% and everyone saw it and was in a hurry to make money on it

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Re: Why is that Defi project are growing faster?
« Reply #3 on: January 23, 2021, 10:57:29 AM »
Cryptocurrency prides itself to be highly anonymous and secured…but in order to buy Cryptocurrency you needed to go through an exchange. A centralized exchange which has knowledge of your identity and the assets bought. An exchange which must abide by central government and banking rules which Cryptocurrencies try to abolish.
The creation of Decentralized finance and Decentralized Exchanges solves this problem. It also enabled greater adaptation of Cryptocurrency by the general public which will push the value of many coins upwards.

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Re: Why is that Defi project are growing faster?
« Reply #4 on: January 23, 2021, 05:04:58 PM »
I think deFi projects are more developing and growing faster. Now DeFi has excellent project under the cryptocurrency. DeFi Coins has too early listed in very good exchanger. Now DeFi has one of the most popular coin has polkadot.
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Offline Werlot

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Re: Why is that Defi project are growing faster?
« Reply #5 on: January 24, 2021, 02:11:42 PM »
Because 2020 was the year of Defai projects, there has been a very fast hype in the development of projects dealing with decentralized finance in the same way since 2017, when IKO was trained, in 2021 this trend began to decline
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Re: Why is that Defi project are growing faster?
« Reply #6 on: January 24, 2021, 06:10:08 PM »
I believe that all the excitement in the market for DeFi projects is primarily related to their ability to provide users with super profits. Perhaps 2020 is a shining example of when DeFi projects brought in hundreds or thousands of percent of profit.

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Re: Why is that Defi project are growing faster?
« Reply #6 on: January 24, 2021, 06:10:08 PM »


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Re: Why is that Defi project are growing faster?
« Reply #7 on: January 24, 2021, 09:50:29 PM »
DeFi projects are developing faster in my opinion because their tokens are quickly bought up, since they can really bring huge profits in a few days.

It should be properly says as Defi is progressing but some at decreasing rate. Majority has die while some are still trying to survive while and few are performing better. Projects like uniswap, sushi are performing better despite the sell pressure in the past.
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Re: Why is that Defi project are growing faster?
« Reply #8 on: January 24, 2021, 11:47:20 PM »
Defi projects are spreading its popularity throughout the world cryptocurrency market because it's supply limited and  token sale completed in uniswap and listing exchanges also decentralised. So it's price can't be dumped.

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Re: Why is that Defi project are growing faster?
« Reply #9 on: January 25, 2021, 03:58:46 PM »
Chainlink and Uniswap IMO...
Chainlink and Uniswap are DeFi projects that are growing very fast in recent years, see how the price of chainlink and uni keeps increasing every day.
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Offline fadl4

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Re: Why is that Defi project are growing faster?
« Reply #10 on: January 25, 2021, 04:16:28 PM »
I think deFi projects are more developing and growing faster. Now DeFi has excellent project under the cryptocurrency. DeFi Coins has too early listed in very good exchanger. Now DeFi has one of the most popular coin has polkadot.
Indeed, defi projects enter the market very quickly and almost all investors really like projects that have entered the market so that investors get profits, very different from ICOs that are slow to enter the market
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Offline pealr12

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Re: Why is that Defi project are growing faster?
« Reply #11 on: January 25, 2021, 04:42:03 PM »
People are more into defi because it brings quicker or short term profit than most normal project, it is all about making good profit at the end, most people just invest into anything that has the tag defi it doesn't matter what the concept of the project, everyone wants to see a good pump.

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Re: Why is that Defi project are growing faster?
« Reply #12 on: January 26, 2021, 01:44:32 PM »
DeFi is now very good projects under the cryptocurrency. You can say why is that DeFi projects growing faster. I think there are Many reason to growing this project. Now this project has very good investment site in the cryptocurrency. Already numbers of good projects released to DeFi. DeFi has one of the most problem is scammers. But now this project amazing. I hope this project more developed in future.
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Offline Pluto25

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Re: Why is that Defi project are growing faster?
« Reply #13 on: January 27, 2021, 05:33:46 AM »
DeFI projects are becoming more popular and favourites due to Decentralized exchange uniswap because it's price can't dumped . Uniswap a liquid pools based exchange withdraw sell and buy orders.

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Re: Why is that Defi project are growing faster?
« Reply #14 on: January 27, 2021, 08:57:42 AM »
Poolz is one of the hottest defi project out there - if not the hottest, just few days ago poolz token sale was launch on uniswap, i started to pay attention to the price around $6 but after just few days the price is $20 as at today, investors of this project must be extremely happy with the pump, this is a huge profit for them to be honest.
if you are able to find a good defi project, the return of investment in short term is always fascinating 8) 

 

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