Quote from: sunny28 on January 27, 2021, 08:58:42 PM

Defi is a sphere for brave guys, yes.

But there are also reliable coins that will not disappear in a few years, as you said. Most of the new projects that open now can quickly disappear with investor money, but the older projects, I think, are interested in promoting the DEFI world, so you can find reliable projects from all this for staking stablecoins.

The same Uniswap, liquidity can be supplied there, in many pairs with stablecoins, the interest rates are certainly not the highest, but there is no need to doubt the future and permanent reliability of this project.

Also, I think the author is more interested in starting and developing in this area than getting the maximum income. As for me, it's better to be more reliable with less profit.

I don’t want to say anything against you, staking on Binance is a wonderful thing without any risks, but to say that there are no normal projects in DEFI is stupid.

That's certainly true, mate. As with any technology, "De-Fi" is a double-edged sword. It can be used for both good and bad things. It's up to you to decide what to do with it. Scams will become the norm, especially in an emerging industry like this. Only a very small number of legitimate projects will survive as they provide real use cases to the mainstream world. It's always important to due your own diligence in order to make the right decision at the right time.

Despite many stablecoins offering attractive interest rates, there's always the risk of loss. The vast majority of stablecoins are centralized, which means that you're subject to the risks of a single point of failure. As they always say, "the higher the risk, the higher the reward will be". I've seen that the most popular stablecoins on the market have higher interest rates than any ordinary bank would offer you. USD Coin and Tether have interest rates of up to 12% APR (according to current rates), making them 10 times better than a traditional savings account. Who can't resist such high rewards? As long as "De-Fi" remains popular in the mainstream world, high interest rates will be the norm. It would be wise to put those stablecoins to "work" by lending them to a decentralized platform of your choice. Just my opinion