Decentralized Finance projects are quite not growing and only a few investors are willing to take risks with them and I see their value is declining due to low market demand. However, making a choice of those Defi projects that are currently working on is still a good option but not sure about the new one.
Well, having viewed the sheesha finance is looks great and promising project but yes, it was more confident if we see this project is working already and see its results.
if we take a look at well-known DeFi projects like pancakeswap, uniwap, avalanche we see that interest in DeFi has dropped dramatically...
for anyone who wants to invest in a DeFi project now must be prepared with the slow growth of the assets you buy until waiting for the market (DeFi) to return to demand. I have visited the Seesha Finance website and saw that it came from Dubai (you can see it on the last line of the homepage), the potential is still not clear, whoever wants to invest in Sheesa Finance,
do it with your own risk.why are DeFi projects not doing well ? is it due to the bear market ? I personally cant even digest the concept of DeFi tbh and i have argued once that WEB3 doesn't seem to be taking off steadily or fast enough, I guess once legislations are set for the crypto space things will change...