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Now a days DEFI projects are everywhere, in a single day there are hundreds of new project born. And 80% of them are trying to steal our money and run away. Even it is very difficult to figure it out a good project, because most of them have same concept + anonymous team. What is your opinion or suggestion about DEFI ?
The DeFi project suddenly became very popular. This is why investors were overwhelmed. But it turns out that there are a lot of risks here. Yet people have been investing here. But some projects called DeFi have been scammed. If it continues like this but people will not invest in it anymore.
Some popular defi always trustworthy to invest and some have better future value . YFI (yearns finance) is very important and popular DeFI. One can invest in YFI and would get benefits.