Quote from: totoy4741 on Today at 02:20:59 PM

Quote from: Sulman326 on August 29, 2020, 03:32:25 PM

Yes, Defi if the new crypto hype, we need to be careful, will not take so long to the first Defi scam project appears, like happened with the Icos, it's just a question of time to something bad shows up in this Defi scenario.

Agree, and actually there is defi project has already been accused of scam and that is Yam Defi, that went from $15k as its peaked and eventually turned out be a scam the following days, and there is another one Defi that seems to be in the boat as Yam, and that is Hotdog, from $4k down to $1.

It is indeed a hype. Same as the IPO, ITO, ICO, and IEO. Each period have its trending stuff that is overly hyped. And now it is DeFi. But I think, DeFi had been around for some years, it is just now that it took attention and became a hype.

Quote from: dataispower on Today at 02:18:11 PM

Well, I doubt if it's a bubble that will burst soon because some DEFI projects are doing really great with development, hence we shouldn't generalize all DEFI projects.

A sudden surge in price in a small duration of time can be considered as a bubble and YFI market is exactly match that discription.