2019 DeFi Survey Results

Clayton Roche
Mosendo
Published in
3 min readJan 12, 2020

We at DeFi Nation wanted to know more about the DeFi community and sentiments around DeFi lending as well as projects. This survey was conducted in December 2019, and had 75 respondents.

I had heard of DeFi and wanted to learn more
The gains or returns
To control my own money
To build a fairer future for the world

What is DeFi?
I kinda get it
I can follow along but not participate
I’m an active member of the community
I build DeFi products

What were your favorite 1–3 projects this year?

No surprises here, except the many ways we spell and format these projects! Also, isn’t one of these just a vegetable?

Around a third of people are less than <$5,000 in DeFi, and a smaller third are between $5,000 and $20,000. About 20% break the $20,000 line.

What was the Most Overhyped Project of 2019?

Just wanted to be a little controversial. We think anyone who didn’t write Libra just forgot about Libra.

This is an interesting benchmark. It will be telling to see what the results will be in 2021.

What projects are you most excited about in 2020?

May have some selection bias 😂

UMA came up a lot. They have a solid team and vision. Lots of projects we haven’t heard of on here, so are looking forward to the year to come!

That’s the 2019 wrap up!

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