What is your favorite Defi token ?

[Tolyk]

Defi is a new development in the cryptocurrency that launched, made a push for something new. All Defi projects have become popular and it is difficult to choose one from this list.

[cryptoworld1]

XRP20 - An emarging Defi crypto with unique features like on chain staking,a deflationary model, and an inclusive distribution system. Its presale recently sold out after witness stong investor support. XRP20 is my favorite defi token

[Madmax789]

My favourite Defi token DIA, SUN etc. I already invested many tokens.

[cryptoworld1]

My favorite tokens is Lido (LIDO), MakerDAO (MKR), and Curve (CRV).

[Brucie88]

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[micjoh]

My favourite defi tokens are pancakeswap, uniswap, 1inch, compound, chainlink, dia, aave, tellor tributes and 0x protocol. also I have invested in chainlink, uniswap and pancakeswap. I believe the Defi trend will continue for a long time.

[KryptoBull]

I believe the entire crypto market is Defi because we can transfer tokens without a centralized organization. DEX is the heart of Defi, and I really like the CAKE token because it is the token of Pancake Swap in BNB ecosystem. UNI token is also attractive, but transaction fees are too high on Ethereum, preventing users from accessing and owning it. I hope BNB chain will recover soon and CAKE oken price will make an ATH in next cycle.

[Wiseman]

Favorite token does not = good and profitable )) this is certainly not the right approach to cryptocurrencies , you can not love any particular coin , on cryptocurrency you have to make money and nothing else .

[Rifan Khan]

Compared to other coins, this coin does not get much profit. Because in the current market, if we see that the value of Bitcoin is low, the value of many coins has decreased. One of them is Defi Coin. A lot of these coins have value in this market. But most of these coins are not given much importance.
But  think you can if you invest. But I think there can be risks at any time. So you won't be too confident.

[Jamal Aezaz]

Favorite token does not = good and profitable )) this is certainly not the right approach to cryptocurrencies , you can not love any particular coin , on cryptocurrency you have to make money and nothing else .

Mate I don't agree with you here. while it is true that the ultimate goal for majority of people here is to just make money. doesn't matter how that money is coming or from which coin/token coming. but I can tell you that for true Crypto enthusiast that is not the case.
If you really love cryptocurrency, then there has to be some favorite tokens/coins that you like too. even if you make money with any random token. still you would prefer to keep your earning in one particular coin. some do that in stablecoins some do that in bitcoin. eth or any other coins.

[aiviaa485]

My favourite defi tokens are pancakeswap, uniswap, 1inch, compound, chainlink, dia, aave, tellor tributes and 0x protocol. also I have invested in chainlink, uniswap and pancakeswap.

From everything you mentioned, I really like the Pancakeswap coin because I have traded on Pancakeswap several times, it is simple, safe and reliable.
In my opinion, the transaction fee on Pancakeswap is also quite cheap because I'm sure I checked it on Explorer, it's around under 0.5 USD, very different from UNIswap on the Ethereum network.
And he said that Pancakeswap is still not completely decentralized because Binance Smart Chain is a coin network created by Changpeng Zhao and has a centralized system (perhaps in more detail I don't really understand Centralized and Decentralized), but up to this moment I still enjoy Pancakeswap.

[Papusha20]

Favorite token does not = good and profitable )) this is certainly not the right approach to cryptocurrencies , you can not love any particular coin , on cryptocurrency you have to make money and nothing else .

Mate I don't agree with you here. while it is true that the ultimate goal for majority of people here is to just make money. doesn't matter how that money is coming or from which coin/token coming. but I can tell you that for true Crypto enthusiast that is not the case.
If you really love cryptocurrency, then there has to be some favorite tokens/coins that you like too. even if you make money with any random token. still you would prefer to keep your earning in one particular coin. some do that in stablecoins some do that in bitcoin. eth or any other coins.

Here I agree with you because you have given a correct answer. Not everyone comes here for money income, experienced investors usually prefer cryptocurrencies which is why they invest in their favorite coins to earn money. Here I will give most priority to Bitcoin because Bitcoin is my favorite coin, and I have some other Altcoins that I have invested in, BNB, Solana, XRP and all these coins I have invested the most money. And no more unique coins have I invested in since I saw every coin increase in price after the Bitcoin halving. I want to invest more money in this bitcoin harbinger of 2024 so that I can get more benefit later.

[Jamal Aezaz]

Defi is a new development in the cryptocurrency that launched, made a push for something new. All Defi projects have become popular and it is difficult to choose one from this list.

but now Defi is not new. it's been there for quite a long time. Defi is a whole industry branch of Blockchain.
there are thousands of Projects in the Defi sector, and saying that it is difficult to choose one is not the right thing. I think it is very easy to choose the best Defi projects if you know well about Defi and the projects built on them.
there are so many Scam Defi projects we must be careful from. always do proper due diligence when picking a defi project to use.

[Asiska02]

Favorite token does not = good and profitable )) this is certainly not the right approach to cryptocurrencies , you can not love any particular coin , on cryptocurrency you have to make money and nothing else .

Mate I don't agree with you here. while it is true that the ultimate goal for majority of people here is to just make money. doesn't matter how that money is coming or from which coin/token coming. but I can tell you that for true Crypto enthusiast that is not the case.
If you really love cryptocurrency, then there has to be some favorite tokens/coins that you like too. even if you make money with any random token. still you would prefer to keep your earning in one particular coin. some do that in stablecoins some do that in bitcoin. eth or any other coins.

Keeping of other tokens that are favourites to you is not because you really want to keep them being your favorite, but because of the potential it has and cannot exit scam or you’ll be at loss with it if you safe in those tokens. The ultimate goal still remains making profit through those tokens, it doesn’t matter if they’re the favourites that you’ll like to trade or like the way they built their system, if it won’t make you any money in the long term, I am sure you won’t bother keeping them in the first place. As a Bitcoin enthusiast, I will certainly look for profitable coins to invest in and not to be an enthusiast without making anything profitable through the space for the time I have spent there.

[Evgenklm]

What is your favorite Defi token ?

My favorite DeFi token is Uniswap (UNI). Firstly, it stands out to me due to its generous airdrop, where the project distributed around $700 million if I recall correctly. It's the first DeFi platform I've heard of, and its universality and user-friendly interface, along with its significant contribution to the development of DeFi, make UNI one of the most promising tokens in the field. Additionally, Uniswap offers the opportunity to earn through liquidity mining, which makes it an attractive choice for many DeFi investors and users.