lots of projects are using the name DEFI but some of them are scam and shitcoin, people should learn what DEFI is really about, it sounds weird why people like investing when they hear the name DEFI, but stick to old projects that are still developing, I bet it has good potential for the future, NANO is also good for investment
This is true. DeFi now is like ICO in 2017, a lot of FOMO surrounding the projects that are DeFi or claiming to be one. I know that many will make nice profits on DeFi projects but much more people will get burnt by this 2020 trend called DeFi, like a lot of people lost a lot of money in 2018 due to ICO scams and failed projects.
I also got burnt by some projects from 2017 and made some money with others, this is why I choose to stay with the old schools coins BTC, LTC, ETH, DASH.
P.S. I also have a bag of NANO still XRB in my old XRB wallet.