Whereas each centralized and decentralized finance corporations have inherent strengths, there are specific areas the place DeFi excels, together with person empowerment, transparency, and accessibility. Whereas clients could also be attracted by the perceived safety and energy advantages of CeFi, in an more and more digital world economic system, CeFi corporations are unable to satisfy shopper expectations raised by DeFi applied sciences and protocols, and their advantages could also be much less related (and even disappear) amongst youthful customers and markets.
With a purpose to keep away from a gradual slide into irrelevance and higher serve their present customers, DeFi corporations ought to have a look at probably the most enticing features of CeFi customers. 13 members under Cointelegraph Innovation Circle share some main DeFi practices that CeFi corporations could be smart to comply with.
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