I've seen that most of the DeFi project doesn't turn out great unfortunately I wasn't able to invest at least to 1 DeFi since I think this could be risky, so where the DeFi headed to? We're not quite sure at all maybe soon we would be able to have something new.
I think the Steemit DeFi space is where it is.
With the DPoS model, there is new money entering.
If I'm a Musician, or Small Film Producer, or Small Business, or even a Celebrity, or whatever. For example I am a Minister, a Hindu Shaivite Priest, a Sadhu and a Prophet telling people that Shiva is coming to America. I am teaching people about the Punics, the Phrygians, the Indus Valley Civilization, Shiva and Sasha Shulgin.
Anyone with a real life outside of Blockchain, with real plans and things to do, can put money in STEEM to fund that. And by having that aspect, means new people will bring new money into this ecosystem until there is a better Crypto Social Media and people decide they can't just use both. And the TRX merger just made this bigger.
Steemit is like Instagram or Facebook, but it is surrounded around a Currency, STEEM. When STEEM was going good, there were travel bloggers going places, earning STEEM, and using that to go other places to take more pictures and earn more STEEM. There were Podcast shows, a few debates even.
When Steemit and Hive split, we did not see a shift. We saw a Collapse.
But now they are all rebuilding, plus BLURT.
Then now TRX in the Steemit Wallet.
This means TRX SR voting on Steemit, which is more rewards. Poloni DEX and JustSwap, etc.