Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: dragononcrypto on February 07, 2021, 11:25:47 AM
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The DeFi industry is currently worth over $30 billion,however notably 80% of the DeFi market is currently lending and DEX's.
Do you think this will change in the future? Will assets, derivatives and payment type projects increase in value as lending/dex projects have?
- The payments sector hasn't even reached $1 billion yet, while defi lending is nearly 50x larger as an industry.
- The assets category has already grown from $1.5 to $3 billion since the start of 2021 alone.
- Locked market cap in DeFi has gone up 30x in the past 12 months
Source: https://defipulse.com/
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Thanks to this forum i came across "Ferox Advisors" hedge fund that manages capital and through their employees capitalises on volatility of a whole range of assets . I am pretty sure there are many projects comparable to the mentioned above that are established but getting in early and gradually increasing your position could be a way to look forward.
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Most of the defi projects that are going on now are more likely to be successful. If you work on these projects, the chances of getting paid are much higher. Everyone's favorite project is the defi project.
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Dex and Derivatives are the favourite type of defi projects and most of it become successful in the long run which also give these types more adoption. Payments won't be that much popular as more and more projects are poping up to do so and everyone's point of view be like we should use top crypto instead of those new projects. But bit time, it might get attention as gas fees on both bitcoin and ethereum blockchain is much high for a small crypto hodlers to do any transections.
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Decentralized dex type and lending type decentralized finance projects are becoming more and more popular and worthy to invest in recent Market. but day by day anothers types of Decentralized Finance projects also becoming favourites.
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Recently some DeFI projects are moving forward as a full speed Rocket launching. Aave , chainlink, uni and sushi already Moon and 1 inch starting to launch. I think immediately 1inch will overcome 10 dollars.
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My favourite decentralized finance projects are fully decentralisation smart contract based platform. I already invested all my assets into UNISwap and sushi swap.
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My favourite decentralized finance projects are fully decentralisation smart contract based platform. I already invested all my assets into UNISwap and sushi swap.
ERC 20 smart contract platforms based decentralized finance projects are very expensive due to the high exessive network fees. Select another way where Ethereum network fees cheaper than ERC 20 based platform.
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Chainlink
Aave
Compound
Makerdao
Synthetix
Kava
Above mentioned all decentralized Finance projects are my favourite decentralized finance projects.
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My best DeFi tokens
Aave
Polkdot
Yfi
Uni
Dia
Chainlink
Mkr
Wbtc
Xrp