Your experience with DeFi

[MrSpasybo]

I heard a lot about DeFi, more than about the POS of ETH 2.0 coming. However, I have not had the opportunity to experience DeFi much, I have never even used crypto payment.
Many people understand that DeFi is Lending & Borrowing, and I think this is the main activity that has made DeFi such strong growth in the past 6 months.
Have you ever Lend & Borrow in DeFi? Or how did you experience DeFi? Trading on DEXs? Invest in ICOs/IEOs? Please share your experiences about DeFi.

[NihonShoki]

we can build DeFi on Bitcoin, but it's not easy. Guest post on Bankless, Matthew Black of Atomic Loans gave some of the potential options Bitcoin has. Atomic Loans lends money to Bitcoin collateral in a non-custodial system.

[Esperanza12]

we can build DeFi on Bitcoin, but it's not easy. Guest post on Bankless, Matthew Black of Atomic Loans gave some of the potential options Bitcoin has. Atomic Loans lends money to Bitcoin collateral in a non-custodial system.

if DeFi uses Bitcoin more widely accepted, users and software engineers may not flock to it. Programming for Bitcoin has been difficult, and when it comes to providing decentralized, non-custodial services, it's even more difficult.

[Ganesa99]

A well-built and intuitive user experience for DeFi on Bitcoin can even improve the landscape. The public already knows what Bitcoin is and it is definitely more liquid than any cryptocurrency. The more stable the platform, the more people are willing to risk it.

[TomPluz]

No, I still have to experience what DeFi platforms are providing to their many users most especially lending and borrowing. I was attracted to Nexo last year but my plan was not pushed through. I understand that there are now a variety of DeFi options offered by a growing plethora of providers and I am seeing that this can be a good phenomenon really pushing Ethereum to the moon (as well as its gas lol).

[Tnoy30]

I have been listening to DeFI for a while now. I heard that Defi is controlling the market. Now all blockchain platforms are being dropped. Now the defi platforms are being created. Most projects are defi. Because there is a lot of success right now. There is a lot of speculation going on. There are many improvements now. Most projects are 90 percent defi. Defi I don't know exactly. But it was a matter of knowing. Keep telling everyone the details. I want to know about DeFi. What could be the purpose of Defi?

[TERMINO]

Not yet but soon. Due to pandemic scenario my wallet come to zero and my fiat also comes to zero. I'm really desperate to earn money if there is an opportunity. That's why I do some part time job to earn money to provide my needs. In due time I will buy DeFi tokens.

[wawan96]

product Defi really make gas ethereum kept up until this point I think if the product Defi continues to grow it's good enough for later development and this hype continues, this investment will be in the lyrics by everyone in the community of crypto were really able to survive if all lasted the better investment I hope to be able to solve all the financial problems.

[Jaguar]

I am experiencing DeFi hype now all over crypto sides. Hunters and investors concern and quarries to new projects are related to DeFi. Unknown when until when this will happend.

[@chison]

The hype on Defi is getting so much. Hotdog coin did people a lot of things. Moving from 4000$ to 1$ in 5hrs is so crazy. The hype is making lots of people losing money ams some investing in scam projects.

[bigcash2011]

I am positive about defi projects and culture over longterm but right now what we are seeing is pure speculation, things take time to develop and succeed.

[Jaephoenix]

I think DeFi has reached its peak, topping into billions of dollars worth of Ethereum locked up. And I know its gonna be quite a bubble burst with the hype

[Cryptoz]

Have you ever Lend & Borrow in DeFi? Or how did you experience DeFi? Trading on DEXs? Invest in ICOs/IEOs? Please share your experiences about DeFi.

I never lend or borrow in Defi, seems not familiar for me. I am not sure to do it for now since I need time to understand it. For now, I only buy and trade with Defi project tokens. Some of Defi tokens already increased very high. I have made some money from the Defi project tokens. But now, it seems the are decreasing after Bitcoin price dumps.

[highnayem34]

I heard a lot about DeFi, more than about the POS of ETH 2.0 coming. However, I have not had the opportunity to experience DeFi much, I have never even used crypto payment.
Many people understand that DeFi is Lending & Borrowing, and I think this is the main activity that has made DeFi such strong growth in the past 6 months.
Have you ever Lend & Borrow in DeFi? Or how did you experience DeFi? Trading on DEXs? Invest in ICOs/IEOs? Please share your experiences about DeFi.

I doesn't have too much experience in defi market. It is looking good, I m trying to invest and  you should also do it. Because Defi is trending now.

[Bobcrypto]

I have been listening to DeFI for a while now. I heard that Defi is controlling the market. Now all blockchain platforms are being dropped. Now the defi platforms are being created. Most projects are defi. Because there is a lot of success right now. There is a lot of speculation going on. There are many improvements now. Most projects are 90 percent defi. Defi I don't know exactly. But it was a matter of knowing. Keep telling everyone the details. I want to know about DeFi. What could be the purpose of Defi?

Decentralized Finance (Defi), is a brand new monetary system which is built on public blockchains. The components of open finance consists of protocols, digital assets, dApps and smart contracts, which are built on Blockchain.
Now, the purpose of Defi is to resolve the lingering issues associated with the centralized system of money manegment through the blockchian

Again, to assit the over 1.7 billion people who lack basic financial service access.
Introducing open banking through decentralization As a matter of facts, the inclusion of decentralized financial technologies would mean that there is no point of failure for identical records that have been kept across multiple computers through peer-to-peer networks.And since it is permissionless, it is accessible and open to everyone.