DeFi vs. CeFi: Decentralization for the win?
2022.08.25 17:14
DeFi vs. CeFi: Decentralization for the win?
The collapse of crypto shadow banks like Celsius demonstrated just how problematic centralized, opaque finance can be, says Sunny Aggarwal of Osmosis DEX.
Centralized finance platforms have taken a huge credibility hit due to poor risk controls, but decentralized finance protocols havent escaped unscathed either. So, is DeFi or CeFi likely to emerge stronger from this current period of turmoil, or is the future likely to see some sort of hybrid of the two?
In the battle between DeFi and CeFi who will emerge victorious?
How did DeFi perform?
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Secure the funds
Why not both?
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Nah, lets go DeFi
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