Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Topic started by: Oxumare on August 26, 2020, 10:05:01 AM

Title: Another DeFi Project - LEND
Post by: Oxumare on August 26, 2020, 10:05:01 AM
Aave (LEND), one of the first and biggest projects that comes to mind when it comes to decentralized finance, broke a new record with a success it achieved yesterday. The license of Aave's UK subsidiary Electronic Money Foundation suddenly led to a serious increase in the price of LEND.

The cryptocurrency industry is currently dominated by the rise of DeFi-based coins and I don't know how long this dominance will continue.
How long do you think this time _ ? _
Title: Re: Another DeFi Project - LEND
Post by: hair on August 26, 2020, 12:15:13 PM
Not easy to predict how long it will continue? Now DeFi is so attractive to investors, of course it will experience developments from year to year. DeFi the best financial solution
Title: Re: Another DeFi Project - LEND
Post by: Oxumare on August 28, 2020, 10:05:41 AM
Quote from: hair on August 26, 2020, 12:15:13 PM
Not easy to predict how long it will continue? Now DeFi is so attractive to investors, of course it will experience developments from year to year. DeFi the best financial solution

BitMEX's CEO is known as one of the leading names in the cryptocurrency industry, as can be expected.
It signaled that it was investing in three projects.
The first is Yearn Finance, the second is Polkadot, which has made a rapid entry into the market, and the third appears as LEND, one of the biggest names in the DeFi industry.
Title: Re: Another DeFi Project - LEND
Post by: hair on August 28, 2020, 10:23:39 AM
Quote from: Oxumare on August 28, 2020, 10:05:41 AM
BitMEX's CEO is known as one of the leading names in the cryptocurrency industry, as can be expected.
It signaled that it was investing in three projects.
The first is Yearn Finance, the second is Polkadot, which has made a rapid entry into the market, and the third appears as LEND, one of the biggest names in the DeFi industry.
YFI is one of the Defi which is expensive compared to bitcoin, do you know why the Defi project is so popular now? I see Defi has a bright future
Title: Re: Another DeFi Project - LEND
Post by: edmundo on August 28, 2020, 06:39:09 PM
LEND has come a long way and has done extremely well in that time. At a point, it got so down and many investors feared the project had died. Luckily the team never stopped pushing it and today, it is one of the most performing DeFi tokens in the industry, rewarding patient investors massively in the process. There is also projections for further price increase in the near future.