I am starting to scare that so much attention people pay to DEFI coins. There is a lot of excitement now and too many people talk about these coins. when a lot of attention is paid to some kind of coins - scammers coming
Those DeFi projects could be new "ICO fever" because people made a lot of money investing in those projects but when they start dumping it will be bloodbath. I'm not saying that all DeFi projects will fail, but I'm pretty sure that some of them will. Just like with ICOs - some of ICO projects are still alive but a lot of them turn out to be scam to collect money from ICO investors.