I have been saying this for many times now in many different threads,,, I do not see any good news when I read all the Defi things. To me this is just like gambling dapps on Ethereum,,, more sophisticated but the same people playing with money all around.
Yeah its probably the same people that gambling with these defi projects. Once they are through, transfer again to a newer one. I become interested into defi and exploring how these things are done and the profits they are ripping are too big and sometime only for a short period of time. I like to think that many projects are just luring all these traders to their bait. But once you already acknowledge the process then boom. Earning will become an easy play.