Is DeFi Dead? Decentralized Finance still profitable?

Decentralized Finance made some crypto investors millionaires, but is DeFi dead now? Uniswap liquidity has been falling and DeFi rug pull scams worth millions of dollars keep adding up. Let’s review DeFi! Subscribe to VoskCoin - http://voskco.in/Sub

Eclipseum the new DeFi token ECL! http://voskco.in/ecl20
Get $25 for free with CryptoCom sign-up bonus - https://medium.com/voskcoin/crypto-com-review-50-for-free-58b7287170f4

Whether you wanted to or not, you heard about DeFi and decentralized finance in cryptocurrency this year. DeFi has largely revolved around Ethereum, but some other projects with a lot of money are still trying to break into DeFi like Binance and their Binance Smart Chain, and Tron, and even Cardano ADA are funding new DeFi projects to build on their blockchain! However despite all of this the most popular decentralized exchange, ever, has lost a ton of liquidity, and in DeFi and DEXs liquidity largely implies success and real usability. Are the anonymous developer DeFi rug pull scams that are still running rampent the cause of the death of DeFi or is DeFi simply going to evolve, and remain a leader in the Bitcoin Ethereum Crypto space?? Let’s review DeFi and if DeFi is still profitable!

Links!
Uniswap the biggest and best decentralized exchange - http://voskco.in/uniswap
Gitcoin grants funding thousands for DeFi - http://voskco.in/git0x
Compound and Uniswap exploring grants to build DeFi - http://voskco.in/2hvR
Uniswap liquidity plunges without UNI pools - http://voskco.in/POJU
DeFi is coming to Cardano ADA - http://voskco.in/ada9
Compound Finance is incredibly NOT profitable lol - http://voskco.in/comp0x
Monitor Ethereum transactions fees TX fees - http://voskco.in/ethtx
whiff dai or YFDAI here’s the VoskCoin YFDAI review - https://www.youtube.com/watch?v=Wmbv4Vb1t1I

:alarm_clock: Timestamps :alarm_clock:
00:00 - 01:20 Is DeFi DEAD?
01:21 - 02:00 Headlines regarding DeFi’s death
02:01 - 03:05 What do the numbers say?
03:06 - 03:58 Has the bubble popped?
03:59 - 05:50 Current state of the DeFi market & liquidity pools
05:51 - 06:56 Earning crypto on Compound & Crypto.com
06:57 - 08:30 YFDAI’s crazy growth
08:31 - 09:14 Eclipseum showcase
09:15 - 12:15 Grants & expansion into the DeFi space
12:16 - 12:40 VoskCoin Grant updates
12:41 - 13:23 Balancing support & producing content
13:24 - 14:41 Final Verdict - Is DeFi really dead?

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1 Like

Great video, can not wait for the album to come out.

2 Likes

haha xD coming soon :musical_note:

1 Like