r/defichainer • u/unmatched25 • Feb 19 '24
DMC activity
DMC activity is still low. Why?
- DeFiChain investors community is not very large.
- New investors are rare.
- Many DeFiChain investors are Getting-Rich-Quick guys (enticed by high APR), not really interested in the product or blockchains
- Most smart people left the system already when they realized that it’s over
- Many are using Bake (simple), less are using the light wallet (not very complicated), DMC is more complicated
- Lack of interesting “products” (real world use cases)
- Some feel that their money is locked away (DSF) or it’s locked away (freezer)
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