With DeFi loans requiring no proof of identity and instantaneous disbursements, there are clear advantages for techy savvy users looking to obtain additional capital. But, with the setbacks listed above, its safe to say that DeFi lending is current trustless at a cost.
I just daw that they canceled the second seed round.and the are saying,"This is due to huge demand with our platform token and market manipulation risks if the seed round 2 as mentioned will not be locked for some time. Moreover, we have finished the 1st seed round and the Paradefi network team believes the first distribution is enough and good for token price stability."