Compound Finance Founder Says that Cefi will Embrace Defi

News • 2020/12/17 • by
remitano

Robert Leshner, the CEO of compound Finance, said at the Defi summit that he is sure CeFi will embrace Defi.

At the Defi summit held in Bangkok, Thailand, Robert Leshner talked about the CeFi and Defi integration. He claimed there are signs that CeFi is already embracing Defi. He didn't only speak about CeFi but also touched on the issues Ethereum is currently facing, plus the benefits of decentralized governance.

Major Updates

  • CeFi and Defi integration and how it will help businesses
  • Ethereum may fail Defi as it is slow and expensive
  • Robert emphasized the importance of Defi in the summit

Decentralized governance is where Bitcoin had an advantage over ethereum because Bitcoin didn’t change much. It was easier for everyone to study it. Decisions and modifications over ethereum may only slowly move with time.

According to the founder, Compound has plans to add more tokens to its platform. Any token that will be added must be ethereum based and fungible with reasonable liquidity.

Do you think it is a smart move if Cefi embraces Defi? Share your thoughts in the comment section.

Comments (2)
Guest
andrei12
6 years ago
i believe it would be a smart move
visiblemoney
6 years ago
I go with Cefi embracing Defi because only in that way can a system secure sufficient liquidity and votes needed to run programs successfully.

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