Post
Topic
Board Altcoin Discussion
Re: Future of tokens like Uniswap, Pancakeswap, Sushiswap, Apeswap?
by
hugeblack
on 07/04/2023, 11:23:52 UTC
With collapses of Terra, DeFi 2.0 model shows their weakness and do you think those tokens will be recover to their all time highs in 2024 bull run?
I do not think so, because the period in which *Decentralized finance (aka DeFi) * witnessed growth was the period in which there was a lot of free money and the investment did not generate a lot of money, for example the interest was closer to zero, but now conditions have changed a lot and deposits in banks are safe and provide a serious return.

Also, the regulations that force the platforms to stop staking and generate free money for customers will put severe pressure on these projects, given that they are centralized at a point, and the pressure will generate people’s distancing from those investments.