BTC dropped 14% and ETH hit $1800 yesterday. The market is in terrible fear. As the leading coin in DeFi lending, AAVE peaked at $668 and it is now $200, nearly 70% decrease. Should I buy the dip now?
DeFi lending protocol like AAVE is undoubtedly the number 1. What product and which newcomer do you think can overturn the current DeFi lending giant? Here are some of the DeFi lending products that I am following:
1. Notional
https://notional.finance/ backed by Pantera and Coinbase, fixed rate lending protocol
https://www.google.com/url?sa=i&url=https%3A%2F%2Fwww.fxplus.com%2Fnews%2Fcrypto%2F21050704.html&psig=AOvVaw0mHuUxW_Qc_vrOfsAY_hLQ&ust=1624440761230000&source=images&cd=vfe&ved=0CAoQjRxqFwoTCIiBmMz3qvECFQAAAAAdAAAAABAD2. Decredit https://decredit.io/#/ credit loan, low deposit and high borrow
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