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!
You are absolutely right. In every rapidly growing area, there will always be those who want to receive funds from investors in a fraudulent way. We all need to be as careful as possible when choosing any project. Indeed, DeFi is now on everyone's lips and it can play a big role for the development of the crypto market, but you should not forget about your personal safety and the security of your funds. I am sure that there are excellent projects related to DeFi, but there are those who want to cheat us.