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

in Project HOPE2 years ago

Greetings @crypto.piotr ❤️💕

One of the reasons I sometimes look out for some genuine DEFI project sometime has to do with the Defi project staking. The fact is that most Defi projects are mostly found of offering staking activities and rewards during the early stage of the project which gives early users the opportunity to earn more of it's tokens. Some people do say it's a means of compensating or rewarding early investors while some people see it as a total red flag in any project.

I think what really matter mostly is the team, community and prospect behind the project. If these three factors are solid with good plan, then we can expect good result from such Defi project irrespective if they adopt staking procedures or not.

Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead 💕❤️💕

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