Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Hometown on January 09, 2021, 08:34:11 AM
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There have also been several decentralized finance (DeFi) scams, such as the one that exploited Binance’s blockchain, Binance Smart Chain (BSC), and involved the Wine Swap project. The project was only set up with the intention of recovering funds from everyone who interacted with the platform, although in this case Binance froze the criminals’ funds and identified them.
More details (https://cryptonews.net/445338/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
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There have also been several decentralized finance (DeFi) scams, such as the one that exploited Binance’s blockchain, Binance Smart Chain (BSC), and involved the Wine Swap project. The project was only set up with the intention of recovering funds from everyone who interacted with the platform, although in this case Binance froze the criminals’ funds and identified them.
More details (https://cryptonews.net/445338/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
Currently, most of the defamatory projects that are going on are scams because when there was blockchain, there were no such project scams but as many scams as there are now. I don't think the Defy project will ever survive without the blockchain.
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There have also been several decentralized finance (DeFi) scams, such as the one that exploited Binance’s blockchain, Binance Smart Chain (BSC), and involved the Wine Swap project. The project was only set up with the intention of recovering funds from everyone who interacted with the platform, although in this case Binance froze the criminals’ funds and identified them.
More details (https://cryptonews.net/445338/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
DeFI projects are becoming more and more popular but DeFI project are temporarily hyped. But DeFI projects are not suitable for investment because temporary hyped projects are risky.
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There are many top scam in defi last year which has not been published in some leading crypto news but the amount they scammed is really huge millions in dollars, I saw last year almost everyday pooping new defi in uniswap collected thousands in eth in presale and vanished.
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As we progress each day in cryptocurrency, more often we see new form of scam with the purpose of stealing users funds. It's such a sadness that scammers always used these technologies for their own benefits and painting crypto bad.
We need to also talk about something, centralized blockchain. I know how cool features to enable and disable funds of scammers in a chain but what if the allegations about such claim end up as false, binance smart chain is full of centralized chain unlike bitcoin. My opinion though.
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There have also been several decentralized finance (DeFi) scams, such as the one that exploited Binance’s blockchain, Binance Smart Chain (BSC), and involved the Wine Swap project. The project was only set up with the intention of recovering funds from everyone who interacted with the platform, although in this case Binance froze the criminals’ funds and identified them.
More details (https://cryptonews.net/445338/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
you are absolutely right I agree with you. Because now many projects are are scam this is very bad effect to every participant to scam project. I think this is is not make to to ready investment site. Because its popularity not so much high.
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Currently most of the projects are launching on decentralised finance platforms. But many scamming defi also available on market . Uniswap clone application also a scam exchange .
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the defi project provides benefits but can give tremendous losses, I only dare to invest in defi projects that have entered the big market such as Binance
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Yeah Al that sounds pretty crap to me, Looks like BT DeFi for me either. Due to this, the defamation of DeFi is reduced. But when there was a blockchain, there was no such scam. Thus, it will be very difficult to sustain the project in the scam
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Currently, DeFi projects have become more advanced. Defi tokens have become more popular due to their listing on the Binance Exchange. Defi is now much better than before. thinks Defi tokens will become more popular in the future. Currently the DeFi platforms are getting much better.
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You are absolutely right that the top is scams of DeFi projects. I agree with you. We are not see e any scam free bounty in DeFi projects. This is very bad to this projects. Recently we are evidence that sum of project are scams. E.g. DFE Finance project recently scam, security DeFi project is scam. So this is very bad site to this projects.
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The rise of decentralised finance has attracted a lot of scammers, it eventually became an avenue for some heartless fellows to easily scam and repeatedly scam innocent populace. Its sad to see that DeFi that is booming and supposed to contribute hugely in shaping and giving the cryptospace a good name as a safe heaven for everyone to interact with and turn their resources around for profit.
The Wine Swap project scam that was later caught by Binance and the funds i think were successfully returned to the various victims wallet.
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Now a lot of scammers will appear.
Now DeFee is a big thing.
And they want to make money on this.
But the very idea of decentralization is very useful for all cryptocurrency holders. ;)
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The DeFi project had a lot of investors a few days ago. The reason is that by investing in it, I was able to improve a lot in a few days from this project.That is why many people have invested here despite having ricky, some may have made a lot of profit and some may have lost. But the DeFi project has several tokens where many people have invested and made a lot of money. The price of these tokens is still on the rise.
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The problem is that we stopped looking at what this or that coin gives.
We just want to make more money on the course.
Buy cheaper and sell higher.
And our greed is not played by pure teams.
Scam coins appear badly on the image.
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Currently most Defi projects Scam more. However, I think in the future, Defi platforms are a much better project. So Defi projects will be more developed and popular in the future.And Defi projects will no longer be scams in the future.
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Nowadays DeFi projects have become more popular. And the better is that day by day now the DeFi projects are much better than before. However, DeFi is not so good for investment. But I think DeFi will become more popular in the future.
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recently there are many good projects are scams. I think this is very bad. Because defi is excellent project all time. But now some of managers are managers are continue direction some of scam bounty projects. I think this is very harmful.
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recently there are many good projects are scams. I think this is very bad. Because defi is excellent project all time. But now some of managers are managers are continue direction some of scam bounty projects. I think this is very harmful.
In order not to get into the scam on DeFi, you need to read the project paper yourself. In which you want to invest.
And then no one will deceive you.
Of course, no one gives guarantees.
But DeFi is the future.
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When there is a new cryptocurrecy development, like the ICO boom, there was huge scam activities in 2017. There were many that lost their funds, and it should have thought many participants a good lessons.
Now, the current crypto development has surfaced, the decentralized financial (Defi). There are also many scam activities ongoing and I believe that many participants should have learnt some lessons from past experience.
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When there is a new cryptocurrecy development, like the ICO boom, there was huge scam activities in 2017. There were many that lost their funds, and it should have thought many participants a good lessons.
Now, the current crypto development has surfaced, the decentralized financial (Defi). There are also many scam activities ongoing and I believe that many participants should have learnt some lessons from past experience.
Bobcrypto completely agrees with you.
There will be a lot of scammers on new trends.
And those who took part in 2017 have experience. And the newcomers who just came to the crypto world need to be taught and warned.
There are risks, and you need to be very careful about your investments.
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Currently most DeFi projects are is scams. However, I think the DeFi platforms are much better and better. Now DeFi projects have become more developed and popular. I have a lot of faith in the DeFi project, the DeFi platforms will be further improved in the future.
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it is good enough to reduce scammers because there are so many scammers who really make a lot of trouble and the losses are so great that many victims have been deceived by scammers who damage the name cryptocurrency in the eyes of a beginner that is not very good for investing in cryptocurrency.
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There was a time when one would be inclined to invest in DeFi project as soon as he heard the name. The reason is that by investing in it, much profit has been made in a short time. But there were many risks but everyone has invested in the hope of making more profit. Many scammers have taken the opportunity to run scam projects because there are not as many investors as before. With the exception of a few, people have lost faith in all other coins.
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I have repeatedly seen similar information where investors lost money on investments in Defai projects, so here you need to be extremely careful when investing in many projects that are engaged in fraud
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Defi projects are not very successful. Blockchain projects are more successful. I think the Defi projects are scams. If deficient projects were more likely to succeed, there would be no scams because deficient projects are currently less likely to succeed.
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If you visit the uniswap exchange, you can find there a lot of fraudulent DeFi projects that try to copy popular brand names. I believe that every user should be more careful and check the contract addresses before transferring funds.
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Nowadays DeFi projects have become more popular. And the better is that day by day now the DeFi projects are much better than before. However, DeFi is not so good for investment. But I think DeFi will become more popular in the future.
It has become a norm where even developers hide behind this trend to cheat people and run away with people hard earned money.
Since developing a Defi environment is complex because of the interaction between the system and users, we hope a better improve way emerge for safety of everyone.
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Too much scam is DeFi also too much profit in DeFi. That's why somebody can't fully ignore DeFi. A genuine DeFi project can make investors pocketful.
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Currently, most of the scams are DeFi projects. At one time, it was seen that when people heard the name of DeFi project, they used to invest there. But now most of its projects are scams and everyone has lost them. From this, if you invest the most in the block chain, you can benefit.
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Too much scam is DeFi also too much profit in DeFi. That's why somebody can't fully ignore DeFi. A genuine DeFi project can make investors pocketful.
A whale and an experience investor sighted. I agree with you that its high reward potentials of DeFi that will make a lot of people to not even think about staying away from DeFi tokens. DeFi is actually the, DeFi presents the true decentralization that everyone in the cryptospace is craving for.
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Compared to the past, now Defi projects are less scams. In the past, all DeFi projects were scams, but now all the projects that have started to come to the fore are less scams. Future DeFi platforms will be further improved. And people will invest more in DeFi projects.
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We are currently working on many defi cient projects but no project is succeeding. If the project is not successful then of course I think the scam will be Defi. If the Defy project was good, the projects would be more likely to succeed.
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I am very surprised at the immediate rise in the price of the coin that came out on DeFi.
I understand that everyone wants a quick income.
And this is why fraudulent projects appear.
And DeFi is not at all to blame for this.
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It was a good thing the binance team was able to swing into action very quickly, if not it would have been another very sad story to those who would fall victim, hackers are the worst thing that happen to crypto space, their actions are making it difficult for some people to be trusting in this space, same goes to scammers.
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As far as I know, most of Defi's projects are scams. However, Defi platforms are getting better now than in the past. And the Dafi projects have met special needs for investors. So I think the DeFi projects will not be scammed in the future.
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DeFi project This is just a scam, I think it would be wrong to say in this project, but there are many good techs that have invested in a few days to improve a lot. It is true that it is very risky to invest here, but it is very profitable. DeFi project has gained a lot of polarity at the present time.
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Currently, most of the scams are DeFi projects. At one time, it was seen that when people heard the name of DeFi project, they used to invest there. But now most of its projects are scams and everyone has lost them. From this, if you invest the most in the block chain, you can benefit.
If you noticed a few days ago, you may have seen how many investors were in the DeFi project. Invested in this project and improved a lot in a few days. Every DeFi project like this would have been a success due to which its popularity had increased so much in a short span of time. But seeing such investors ran many scam projects and lost some popularity. There are many tokens in this project at present, some of which have tokens whose future is still very good but all these tokens are being invested.
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Due to inexperience, lack of information and amid the hype around DeFi, many investors and ordinary users of cryptocurrency can be deceived. Based on this, at the beginning of the development of the DeFi industry in the cryptocurrency market, there were indeed a lot of bad projects, but with the advent of attentiveness and a more scrupulous approach to studying a specific project, scammers are losing their large-scale presence in the market.
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I have no idea about the defi scam. When did I first find out about your defi scam? However, in the end, it was also the big good news that caught the bison scammers. Thank you very much brother for this valuable topic. There are many like me who do not know about this yet.
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Right now, most of the defi ventures that are going on are tricks since when there was blockchain, there were no such extend tricks but as numerous tricks as there are presently. I do not think the Resist venture will ever survive without the blockchain.Before investing in Defi projects must do research properly. Just invest in real projects.
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Defi are popular so are the scam and fake defi project, as much as we have great defi project in the ecosystem created for good things, many are also created just to scam innocent investors, usually scammers are attracted to where there is much hype and attention, most investors are looking for the next x10 defi project and in the process could fall into the wrong project, we should apply caution.
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DeFi platform is a very good platform. Currently, DeFi projects are not being scammed too much. But before, most of the DeFi projects were scams. I think all the DeFi projects that have started to come out now will definitely be successful. And DeFi platforms will be further improved in the future.
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At present DeFi Platforms are more popular. But again there have been many more scams in this project. But we see the scam project but understand that there will be no news on social media in that project. And there will be no good community in it so those projects will be scams. But more coins from DeFi platforms are quite popular. He is one of the most popular DeFi projects.
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Currently most of the DeFi projects have been scammed. The scam rate of the project is much higher than other projects. However, there are many defi tokens in this project which are currently very valuable tokens Has become. But hopefully the DeFicommunity will notice this very soon.
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There are as many scammers in Defi as there were with ISO, so this is not surprising. There will always be scammers in the crypto industry and it is difficult to do something about it.
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As far as I know the scam issue is not just the DeFi projects because even before the DeFi hype there had been scammers stealing investors money. For me we should become extra careful by our choices before investing. It is good to support the real project and not scammers team.
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DeFi itself is not a scam.
Everyone wants to make money on this hype, projects want to make money on it, they lay out raw contracts.
Contracts are broken. And money is lost.
DeFi is not to blame for this. 8)
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DeFi tokens have improved the most. Its services are now worldwide. As a result of much more development, the level of investment in defi tokens is higher. Investment is constantly increasing. All users rush to defi projects for investment. I think DeFi tokens will be in a better position.
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there are a lot of high-profile names on the net that are associated with fraud and DeFi projects. in fact, each investor at his own peril and risk invested his funds, being impressed by the great excitement around for DeFi projects and expecting to receive super profits. but nevertheless, in any case, I would like to see fewer frauds on the cryptocurrency market.
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Now the most popular defi project in cryptocurrency. At present, the chances of success of Defi projects are very low. To my knowledge I have not seen any definite project succeed but I doubt the amount of project going on.