Quote from: Barbut on September 05, 2020, 06:40:51 PM

It's some kind of revolution, but be aware as we had many scam ICO's, we will have many DeFi scams too. It's how it goes, but we will have something good that will come out from this madness. Some DeFi projects are really good and they will survive in the long term, as we have some coins that started with ICO and now they are big. Just don't invest in any DeFi, do some research, and try to trust the top ones.

Hopefully, this is the course of action for Defi and there will many good Defi projects come out from this overhype phase like it was to ICO. Though I worry there is a certain threshold for Defi scams that if it was too high, a crash could leave a strong impact on both Defi and crypto market.

Do you still remember how the crypto market was after the ICO crashed with Bitcoin going as low as $4000. We should learn a lesson from it and don't fall FOMO to Defi scams so it won't leave an unhealthy mark on the market.