Lately, there is a craze regarding DeFi projects. Looking at the solutions being brought into light which is basically to leverage decentralized networks and to transform old financial products into trustless and transparent protocols which is able to run without intermediaries. However, scammers will use this hype to their advantage as well. Do your research carefully before investing in any project, hype or not. Do not fall for just any project which claim to be DeFi projects. We are so excited that we may forget ourselves and just looking forward to the profit if the value of the token increases. Let's not let our guards down as we are not in normal times. God bless!
Where the money is that's where scammers will concentrate their time and effort so expect many projects to come up created by the scammers, this is quite tricky we need to educate ourselves about Defi, like what happened in ICO where the scammers successfully replicated on what seems to be a good project only to end up people getting scammed, so double your effort to research.