Analysis & current situation of DeFi erc20 tokens

Kawaii Supersonic Protocol
1 min readDec 15, 2020

Nobody can deny that 2020 is been a fantastic year for DeFi, despite the COVID-20 situation, this even might helped to improve the raise of DeFi to the glory with Uniswap leading the way. From 1.3 million USD in December 2019 to 1900 million USD in December 202, an icrease of 2000%, and keeps going!

But… all that glitters is not gold

Every coin has two sides, meanwhile there are really fantastic erc20 projects, unfortunately there are also a lot of scams and rug pull projects… Activity which we noticed it increased by August, reaching its peak by October, evolving, scam artist and being more and more sofisticated,

That’s why decided going brutally honest and launch the experimental protocol for just 7 days. No 2021 roadmap, no lies, or hidden information. However this might change, if on day 5, the project is successful and wants to keep growing, we will extend this frametime, so nothing is 100% confirmed yet.

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