defi coin The resurrection of the DeFi market?

[Obliv0n 333]

We all know the state of the market that is currently at a crossroads between breaking resistance or yielding to support, the clear protagonist is Bitcoin, which has doubled in price in less than a month.

 

However, the DeFi sector, had remained in a low profile, without notable alterations until a few days ago.

 

Where tokens like Tezos (XTZ) or YearnFinance (YFI) gave a gratifying response to their investors.

 

In the case of Tezos, its value increased by 40% from $ 1.90 to $ 2.80, in addition to offering commission reductions and the possible launch of its platform of NFT tokens valued in XTZ.

 
However, the biggest surprise was given by YFI, whose price had an 80% increase in just 4 days, an upward movement that far exceeds Bitcoin, going from $ 20,000 to $ 38,000, in addition Binance announced that YFI would be integrated into the Fixed Staking system within the exchange

 

What do you think, the DeFi will return with more force this 2021?

[Raqeebzy 6456]

On 1/8/2021 at 2:53 PM, Obliv0n said:

What do you think, the DeFi will return with more force this 2021

Though not very smooth in the long run (like YFI3 to be straightforward), 2020 shows have shown some positive sings how innovative and profitable to investors DeFi sector can be with good amount of strong projects like Chainlink, Polkadot, Uniswap, Compound etc. 

In several cases, DeFi projects faced so much issues which can be tied to its newness to some extent like Yearn Finance (issue with leadership, Cronje). And also, release of scam and weak projects is part of what can be called a misfortune to the DeFi market and a stain to strong ones. 

With these and more, I can't help but believe 2021 will be a great year for DeFi more than the previous.

[Aqsa1234 142]

As we know that now  a days defi is very much knonable and becoming more because of its goodness I like it very much .but I still don't know much about it's resurrection very well because it has taken a little time to me to join it.