Wonderful DeFi projects are emerging one after another, and Jade is running away. Is the craze coming to an end?

In terms of the market of pancakes, there is not much change today, and it is still a weak situation.

For specific views, you can read my article yesterday, basically nothing has changed.

Although the market continues to be dead silent, the DeFi circle is not calm today.

Jade, a DeFi project on EOS, ran away today, and this is also the first DeFi project in the currency circle.

After the incident happened, many miners who entered the market lost their money, and there was even a phenomenon that everyone scolded the contract developer through transfer notes.

From the comments, it is not difficult to see that many users who have been cut off have heavy or even full positions in jadeite.

Even, some of them are old leeks who have stayed with Yuzu for many years.

I think these old leeks should have been waiting for the return of their capital after taking over the market in 18 years. After seeing the jadeite, they thought about digging to make some money by the way.

As a result, I didn't make much money, but my principal was gone.

Regarding DeFi, I still say the same thing, you should participate, but recognize that it is speculation, and don't take heavy positions or even full positions.

Moreover, I think everyone should be vigilant that such incidents are just the beginning. For example, there have been many question marks in the past few days.

Then this is very much like a signal that this wave of defi speculation has come to an end for the time being.

Of course, the current general environment is not the same as that of ico. In the later stage of ico, the big cows have already been completed, but now they have not yet come to the big cows.

Therefore, at present, it can only be said that this wave of defi speculation is likely to come to an end.

As for whether the follow-up will start a new wave of upsurge with the arrival of Daniel, I think the possibility is not small.

At that time, I'm afraid it's the really crazy time, because Daniel brought not only insiders, but also a large number of newcomers.

That must be another speculative feast, and this is a good thing for everyone, whether you lose money or make money in this wave of DeFi.

After all, through the events of the past few days, everyone should also clearly understand the difference between speculation and investment.

It is not unreasonable for old players to so-called digging, selling and raising. If you see a good deal, you will always have meat to eat, so that you will not lose all your money.

Finally, for the bulls in the market outlook, I think the three major public chains, eth, trx, and eos, deserve your continued attention.

From this wave of DeFi, we have already seen the considerable fomo effect caused by the DeFi ecology on the three major public chains.

And if the big bulls come back later, this effect will inevitably be more fierce, and the public chain of the ecology itself will inevitably receive greater blessings.

As for Polkadot that many people ask about, I think judging from the current situation, not talking about concepts, just looking at the current market and data, Polkadot has not caught too many hot spots.

On the contrary, trx, eos, and eth all have real defi ecology and fomo effect.

Therefore, I did not include Polkadot here.