sentiment seems like it's at rock bottom
Is DeFi over or will it bounce back?
Jordan Miller
Tyler Evans
Today I got rugged on the last bit of eth I was willing to spend. As long as "defi" means "probably a scam", it's dead jim. Even NFTs are scamming now.
Carter Nguyen
>Even NFTs are scamming now.
how? that kirby scam?
Jonathan Allen
Lots of stuff, bru. The point is that I'm not putting money into a machine that never pays out.
Bentley Robinson
Sentiment is down because of high gas fees. Synthetix, uniswap and chainlink are currently integrating Optimism rollups on testnet and Arbitrum will also be ready by the end of the year. L2 scalability combined with eth 2 and other solutions will bring back hype and on a massive scale since we're talking about massive speed increases and costs reduction. It's the elephant in the room and biz isn't talking about it. I think because everyone is jaded as we've been waiting for it forever so it just like a futuristic scenario and most can't project the real implications. It's right around the corner.
Easton Collins
it's not dead by any means, but the bubble has burst for now
Isaiah Thompson
The machine will pay out it just needs to boot up first, that requires liquidity. As soon as BTC climbs, more people will FOMO into coins like food tokens and YFI and the circle continues. The crucial thing is institutional money is flowing into the ETH network, now as well as BTC.
Zachary Butler
DeFi has got to the point where it needs certain improvements to move forward. All these improvements are unironically being brought by Bancor (the creators of AMM) this month.
Ive been telling people about a potential 1000x, hope you were listening.
William Kelly
Also buy QNT before you get priced out.
Daniel Baker
You gonna wait a long time...