Can CeDeFi Offer the Best of Both Worlds?

Written by karenshidlo | Published 2022/11/19
Tech Story Tags: finance | defi | crypto | blockchain | smart-contracts | centralized-vs-decentralized | cefi | defi-vs-cefi

TLDRCeDeFi (decentralized finance) is a combination of centralized and decentralized financial systems. CeFi offers the same features as DeFi protocols while being centralized. It is a hybrid of both the central and decentralized models of both DeFi and CeFi. CeDeFI is gaining traction with some big, recognizable names already including Binance and NEXO. It offers a variety of benefits to those building on the BNB Chain, such as improved security, transaction speeds, and volumes.via the TL;DR App

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Written by karenshidlo | Digital Marketing Native, Blockchain Babe, NFT Nerd, Web3 Content Creator
Published by HackerNoon on 2022/11/19