Only 2 of 10 DEFI projects are left. Never be the last one.
On the surface, the last round of DeFi and this round of DeFi are two completely different forms. The last round was the prototype of DeFi, with infrastructure mainly based on DEX, lending, and stablecoins. This round of DeFi is extended applications such as Restaking and derivatives.
But in essence, its core has not changed. DeFi is still nesting, still creating something out of nothing.
Some time ago, I read an article that should be from 21 years ago. The article mentioned 9 DeFi projects, and only 2 survived to this day. This survival rate is too cruel.
The last round of the pattern was reset to zero at the end. Even if the project survived, the currency price was cut to the heels.
So should we stay away from DeFi? DeFi can still be participated, but remember to buy when no one cares and sell when the crowd is bustling.
Don't be greedy, withdraw in time, and never be the last one! Although we understand all the truths, we still can't live a good life. Let's encourage each other with the above words!
Being able to achieve unity of knowledge and action is the best!