😎 Summer Sale Exclusive - Up to 50% off AI-powered stock picks by InvestingProCLAIM SALE

The World of CeDeFi and the Need for a Dedicated Yield Farming Aggregator

Published 04/28/2021, 11:50 AM
Updated 04/28/2021, 12:00 PM
The World of CeDeFi and the Need for a Dedicated Yield Farming Aggregator

  • MoonFarm Contributing to Centralized Decentralized Finance (CeDeFi).
  • Optimizing Yield Farming with MoonFarm.

The crypto world continues to revolutionize itself along with blockchain technology. This article demonstrates how MoonFarm, the worlds’ first CeDeFi (Centralized Decentralized Finance) aggregator, and blockchain technology make a big difference in the world of cryptocurrency.

We’ve seen decentralized finance (DeFi) take off in recent times. But, the world of crypto didn’t always operate this way. Before DeFi came into existence, centralized finance (CeFi) was used for trading cryptocurrencies.

In CeFi, a centralized exchange is responsible for handling all crypto trading. Users don’t have access to their private keys or in other words, they don’t really own their crypto. They are subject to the terms and conditions induced by these exchanges. Besides, these exchanges are also in full control of the prices and gas fees that users need to pay.

In...

This article was first published on coinquora.com

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.