What is CeDeFi?
The term CeDeFi is relatively new. The concept stands for both centralized and decentralized finance combining the strengths of Challenge and some CeFi : innovation and new financial products for DeFi, and security for CeFi.
Businesses can use CeDeFi to test cutting-edge financial solutions while adhering to traditional financial regulatory guidelines. For a low transaction cost, CeDeFi allows you to test DeFi products such as decentralized exchanges (DEX), liquidity aggregators, yield farming tools, lending protocols, and more.
The advantages of CeDeFi
The main attraction of CeDeFi for institutions lies in the fact that it provides solutions to the new compliance and regulatory problems that surround cryptocurrencies. By merging centralized and decentralized financial components, CeDeFi paves the way for increased institutional adoption of DeFi protocols.
CeDeFi has the potential to revolutionize the cryptocurrency market, address some of the most pressing issues, and promote the widespread use of digital assets.
CeDeFi is also appealing to institutional investors due to its emphasis on scalability and security. It is an effective way to increase the security and management of the DeFi product line.
Users who want to make money with cryptocurrencies in the future will have the opportunity to reduce risk by using CeDefi solutions that provide DeFi innovation products under the security of CeFi.
CeDeFi, examples of platforms?
You don’t have to look far, because centralized CEX exchanges can be considered CeDeFi platforms. They offer DeFi products, but require their clients to pass KYC like traditional institutions.
Be vigilant and consult your financial adviser before making any investment decision. Mirror-Mag cannot be held responsible in the event of bad investments. Before using any third-party service, you should do your own research.