Neutral Tendies opinions

Tendies
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1 opinions

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So far,1 of opinions have been recorded for Tendies. These opinions are not investment recommendations but the community's perspective on Tendies. Please do not make a purchase decision based on these Tendies opinions.

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Tendies opinion #1

Neutral opinion by Anonymous on 29.11.2020 3 of 5

At Tendies (TEND) we have a token from the family of the just hyped DeFi (Decentralized Finance). Just like the other tokens on the market (Sushi, Uniswap, ...) the price is rising almost exponentially in the last days. With the help of the TEND, the user can use it to get 1% Reward when entering the Liquidity Pool at Uniswap.
At a ratio of almost $3 million, this is one of the smaller candidates in terms of yield farming etc.
As this token has only been in circulation for a few months, it must prove its stability like any other DeFi token. Personally, I see no difference to the other tokens that are currently available on the Internet regarding DeFi as the true solution to get a good return on investment.
As a conservative crypto investor, I see the DeFi tokens with scepticism, because I only see the proof with the tokens in the general environment with all the dangers of hacking etc. This attitude is unfortunately out of place at DeFi. Therefore for me uninteresting.