(1/5) #CeFi #DeFi – What's the difference and which one is right for you. CeFi stands for centralized finance.

10 Nov 2023, 19:07
🧵 (1/5) #CeFi 🆚 #DeFi What’s the difference and which one is right for you? 🤔 CeFi stands for centralized finance. SALT and @krakenfx are examples. DeFi stands for decentralized finance and includes protocols like @compound and @aave .

Same news in other sources

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Privapp Network
Privapp NetworkbPRIVA #1155
Telegram
10 Nov 2023, 19:30
telegram news 10 November 2023 19:30
https://x.com/privappnetwork/status/1723060272053588339?s=52&t=YSjA-RnMyi8TqkUQnXsKnQ
Walken
WalkenWLKN #1892
Telegram
10 Nov 2023, 19:30
🔝 TOP COMMUNITY QUESTIONS & SUGGESTIONS Have a wonderful Friday, Walken community! 👋 While we spent whole October focused on the new PvP mode and Islands 🏝, you kept sending your ideas and questions. It’s sheer pleasure 😍 to have received dozens of messages in Discord channel - tons of nice questions and valuable suggestions 📋. So, let us make up for this delay 😎 and finally answer all of the questions and ideas submitted between October 2 and November 5 that attracted Community attention. 📝 Top Questions and Suggestions over 5 (!) weeks answered by the Walken team in the latest big piece on Medium: We keep looking forward to more questions and ideas from you 👀, and those that get supported by the community will be answered. Feel free to share your thoughts, voice ideas that you find worth sharing or that really matter to you 🚀. Many thanks to all of you for being with us on this journey towards making Walken the best it can be 💫 P.S. YouTube stream is coming, don't miss out! 🔗 Stay in touch with Walken: Website | Telegram Chat | Telegram Channel | Discord | Medium | Gitbook | Twitter | Instagram
TOP COMMUNITY QUESTIONS & SUGGESTIONS. Have a wonderful Friday, Walken community.
🔝 TOP COMMUNITY QUESTIONS & SUGGESTIONS Have a wonderful Friday, Walken community! 👋 While we spent whole October focused on the new PvP mode and Islands 🏝, you kept sending your ideas and questions. It’s sheer pleasure 😍 to have received dozens of messages in Discord channel - tons of nice questions and valuable suggestions 📋. So, let us make up for this delay 😎 and finally answer all of the questions and ideas submitted between October 2 and November 5 that attracted Community attention. 📝 Top Questions and Suggestions over 5 (!) weeks answered by the Walken team in the latest big piece on Medium: https://medium.com/@walken.io/community-questions-suggestions-october-2-november-5-aa0e3799cfde We keep looking forward to more questions and ideas from you 👀, and those that get supported by the community will be answered. Feel free to share your thoughts, voice ideas that you find worth sharing or that really matter to you 🚀. Many thanks to all of you for being with us on this journey towards making Walken the best it can be 💫 P.S. YouTube stream is coming, don't miss out! 🔗 Stay in touch with Walken: Website | Telegram Chat | Telegram Channel | Discord | Medium | Gitbook | Twitter | Instagram
SALT
SALTSALT #1791
Twitter
10 Nov 2023, 19:16
🧵 (5/5) Whether you tend to side more with #DeFi or #CeFi, there’s no denying that CeFi is the best and only way to bridge to DeFi in the sense that you’ll likely need to use a CeFi platform to onramp and off ramp into DeFi. If you want to explore CeFi and are considering…
(5/5) Whether you tend to side more with #DeFi or #CeFi, there's no denying that CeFi is the best and only way to bridge to DeFi
🧵 (5/5) Whether you tend to side more with #DeFi or #CeFi, there’s no denying that CeFi is the best and only way to bridge to DeFi in the sense that you’ll likely need to use a CeFi platform to onramp and off ramp into DeFi. If you want to explore CeFi and are considering…
SALT
SALTSALT #1791
Twitter
10 Nov 2023, 19:15
🧵 (4/5) #DeFi platforms only function according to the underlying smart contract & users are required to interact with the protocol using browser wallets that require a certain degree of technical knowledge.
(4/5) #DeFi platforms only function according to the underlying smart contract & users are required to interact with the protoco
🧵 (4/5) #DeFi platforms only function according to the underlying smart contract & users are required to interact with the protocol using browser wallets that require a certain degree of technical knowledge.
SALT
SALTSALT #1791
Twitter
10 Nov 2023, 19:15
🧵 (3/5) #CeFi helps onboard the masses. CeFi companies are also “centralized entities” with officers and board members associated with government registered entities. CeFi offers customer support with live agents.
(3/5) #CeFi helps onboard the masses.
🧵 (3/5) #CeFi helps onboard the masses. CeFi companies are also “centralized entities” with officers and board members associated with government registered entities. CeFi offers customer support with live agents.
SALT
SALTSALT #1791
Twitter
10 Nov 2023, 19:08
🧵 (2/5) CeFi platforms are typically governed by corporate entities that can create their own lending requirements. With DeFi, the goal is to move toward decentralization where the community will be the body that governs the DAO.
(2/5) CeFi platforms are typically governed by corporate entities that can create their own lending requirements.
🧵 (2/5) CeFi platforms are typically governed by corporate entities that can create their own lending requirements. With DeFi, the goal is to move toward decentralization where the community will be the body that governs the DAO.