Post
Topic
Board Altcoin Discussion
Re: DeFi - the niche within a niche and incredibly small community
by
chikator
on 23/09/2020, 14:27:47 UTC
Most DeFi tokens are concentrated in hands of Top 500 Holders!   https://cointelegraph.com/news/analysis-most-defi-tokens-are-concentrated-in-hands-of-top-500-holders

If that is true, DeFi is like a sandbox game, with a very limited amount of players actually playing. Observing this from outside the crypto bubble it´s concerning that DeFi, while a good idea and worth investing, has such a small holders community.

Could that be a problem in the long run?


If what youre saying is true then yes it would be a problem in the long run. With so few big holders they could manipulate these coins to their whims in the future but then again, dont all coins? Even on coins that we have frequently nursed in our wallets, big holders still manipulate those markets. Just dont mind it i guess if you really believe on your project.