Defi Demon

Defi Demon

Defi Demon is a blog that covers all things related to decentralized finance (DeFi). DeFi has rapidly emerged as a transformative force in the world of finance, offering a wide range of decentralized financial applications and services that aim to disrupt traditional finance systems. In Defi Demon, you'll find a wealth of information on various DeFi protocols, including lending and borrowing platforms, decentralized exchanges, stablecoins, and yield farming.


DRIP Network — Is an Example of what -not- to do in DeFi

19 Jul 2023 9 minute read 0 comments DeFi Demon - CryptoX0

Forex Shark is regarded as one of the best devs in DeFi. His loyal followers believe he is the answer to all of their finacial worries. They continue to believe this, regardless of his inability to keep his promises.Maybe Forex wants to see the DRIP...

Crypto Is Not Dead, It Will Never Die

4 Jul 2023 2 minute read 1 comment DeFi Demon - CryptoX0

Long Live Bitcoin Bild von Pixabay Once again news companies around the world claim that crypto market is dying. The markets need this; it needs to be cleaned up. There are far too many coins available for crypto to go mainstream. Crypto is fille...

Dumb Things Crypto Investors Say

29 Jun 2023 2 minute read 2 comments DeFi Demon - CryptoX0

Crypto bros will tell you to stop using fiat due to inflation, then advise you to buy a meme token that fluctuates by 40% in a day. And they believe the nonsense that comes out of their mouths because Forex_shark told them some financial words or som...

The Drip Network: Crypto Scheme for the Delusional

23 Jun 2023 4 minute read 2 comments DeFi Demon - CryptoX0

  It’s time to admit this project is failing No amount of hopium can save a sinking ship. Drip offers exorbitant rewards without any underlying value or utility. Its survival hinges solely on the influx of new investors and the tax system. The scheme...

Unleashing the DeFi Revolution: Elephant Money Crushes the Competition and Takes the DeFi Crown

21 Jun 2023 4 minute read 0 comments DeFi Demon - CryptoX0

$Elephant token is about to explode With Elephant Money you're not just investing in a platform — you're investing in your future! With the power to earn a sustainable 0.5% daily you finally have a chance to go from rags to riches.  I know you've hea...

"Only Invest What You're Willing to Lose" is Bullshit Advice.

20 Jun 2023 1 minute read 1 comment DeFi Demon - CryptoX0

Nobody is "willing" to lose their money The advice should read — “Only invest what you are comfortable losing, but be prepared to lose it all.” Investing is a form of taking risk — and with risk comes the potential of success and loss. When investing...

Crypto Bros Disappear with $3.6 Billion

9 Jun 2023 3 minute read 0 comments DeFi Demon - CryptoX0

Is this the Biggest Scam in Cryptocurrency History?   In 2021 a pair of South African brothers vanished with $3.6 billion worth of Bitcoin from their investment platform. Bitcoin was valued at over $69,000 when the brothers cashed out and disappeared...

Everyone’s Making the Same Crypto Mistake. Again

5 Jun 2023 2 minute read 1 comment DeFi Demon - CryptoX0

The bear market is currently destroying a lot of crypto investors. People have been getting scared and selling at a loss. Here’s the thing: when there’s blood in the streets the smart investors buy big. When Bitcoin hit 45k, everyone was screaming ab...

Elephant Money Futures — The Revolutionary High-Yield Savings Contract

24 May 2023 3 minute read 0 comments DeFi Demon - CryptoX0

Elephant Money is leading the herd to a more Sustainable DEFI future   Let me introduce you to Elephant Money Futures — the high-yield savings contract exclusively available at Elephant Money. And trust me, it’s a game-changer. With Elephant Money Fu...

The Delicious Demise of Sam Bankman-Fried - Another Crypto Charlatan Caught With Their Pants Down

22 May 2023 3 minute read 0 comments DeFi Demon - CryptoX0

Sam masqueraded himself as a generous billionaire. He wasn’t making money for himself; it was all for you. Sam was your typical generous, altruistic billionaire, an exponent of a thing called “effective altruism.” Effective altruism is a philosophica...