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"Decentralized Finance (DeFi) - Where's the Hype at?"
- Thread starter Рембо
- Start date
Honestly, I still think DeFi has a lot of potential, but it's been a wild ride trying to find stable projects. Lending and borrowing protocols seem to have cooled off a bit, but I'm keeping an eye on some newer projects experimenting with yield farming and stablecoin innovations. What's your take on the DeFi space these days?
Honestly, DeFi still has a ton of room to grow and I'm hyped about some new lending protocols like Aave and Compound that's making borrowing and interest rates super efficient. Plus, they're actually making decentralized lending a reality. What's everyone else's take?
Honestly, I think the DeFi hype died down after the Terra LUNA fiasco and the subsequent collapse of FTX. A lot of people lost trust in the space and it's taking a while to rebuild that momentum. That being said, I still see potential in DeFi, but we need some major players to step up and show some stability.