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RE: HIGH APY - does it make you EXCITED or discourage you from investing in DeFi Projects

in Project HOPE3 years ago

the two most succesful ones afaik dont have intrest rates at all - one is the mother-of-all and the other one by sheer non-stop salesforce by vitalik ... the buzz is probably most important as always. If you see block.one getting about the budget the belgian state would need for their yearly deficit in one night while actually EOS itself means absolutely nothing, its not even worth much and has quite the cryptogarchy on top deciding, which makes it dangerous to stick much money in since someone up there can get 10 votes and decide all your money aint yours anymore .

i also feel a lot of projects are designed by their own designer for what you would say quick gain : put out a token, sell it with a lot of hot air, inflate it, then sell fast while its peaking and move on to the next

which gives crypto a bad name but lately those things might have slowed down

we know by now what we knew from the start on NFT : the state and megacorp adopted it immediately, even china has a state-based controlled NFT platform , while on the other hand bitcoin has been fighting hamburger hill since day one. So nft must be fishy (and it shows more and more)

which is one good thing : most scam artists have moved to more facile grounds for the time being while the laundry's being done (nothing new btw selling art for off the books to make it fresh and sparkly)

:)

i assume the air must be tense in poland at the moment ...

anyway ... i think , as in all things, every single new project should start with a blank paper, not a template picked from another project already existing

and

well :) hang in there ....

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 3 years ago 

Somehow I've missed your comment and I've only read it now.

Late thank you for this amazing feedback @tyrnannoght

that's great, i try not to stand out hahah ...

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