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!
I am not surprised if people fall for these DeFi coins as hypers are continuously making DeFi look like the era of ICO. In my opinion, DeFi will soon come and pass like ICO in 2017. Today ICO is no where to be found. My advice is to invest what you can afford to risk and lose in these projects.