It seems like Defi is all that we are talking about nowadays. And why not with such impressive gains that we are seeing how can somebody not talk about defi at its current position. 

Take a look at below defi tokens and the rally they have made.

1. COMP

We all have been hearing about this token for 3-4 days now and about how this token gained massive gains. People use Compound platform to borrow or lend other tokens. And then earn interest on these tokens plus the platform gives them COMP token for lending and borrowing from the same platform.

2. LEND

3. REN

4. Balancer Token (BAL)

All these are defi tokens and are indicative of how there is so much of money to be made in lending, providing liquidity platforms. But is it really the case or is it just a new concept that is attracting users towards it and thus will fizzle out in a short period of time. TIme will tell. But until then users are enjoying their interests earned on lending tokens and providing liquidities to the pools.

Here among these tokens BAL is the new kid on the block. Launched at 6 USD and now above 19 USD. Will BAL see the same rise as COMP. Only one way to find out. Meanwhile i have exchanged some of my ETH for BAL just to see what happens.