Indeed, other Defi services that are based on others are rising up. Like Defi Foundation in Singapore with its token, DFI, is offering Defi based on BTC blockchain while Tron blockchain has its own DEFI called Just. With Defi, there are definitely more financial use of crytocurrencies that may provide some stability to its grown unlike ICO bubbles in 2017. I agree that many are treating Defi as a means to generate quick income but Defi can really work like banks to provide financial assistance to everyone if things work out.
!tip