【Crypto World】Interestingly, a certain leading compliant platform recently announced a figure: the loan volume backed by crypto assets on their platform has surpassed the $1 billion mark. What does this imply? The platform believes this validates one of their hypotheses: users indeed want to enjoy the convenience of centralized exchanges while also accessing the flexible financial functions of DeFi.
In other words, not everyone wants to delve into complex smart contracts and on-chain interactions; some people just want a simpler way to perform operations like lending and collateralization. The $1 billion loan volume indicates that this demand definitely exists, and users are willing to pay for this “translator”-style service.
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ForkThisDAO
· 01-10 14:42
Really? 1 billion USD? Come on, it's just another number game.
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Basically, it's CeFi wrapping DeFi, and users just want to avoid dealing with all that complicated on-chain stuff.
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The translation service sounds good, but the fees must be really high.
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Got it, it's all about making money from those who don't want to learn.
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Can I trust these numbers? I feel like there's some water in them...
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Wait, if that's the case, why not just use traditional finance directly? Why bother with a crypto shell?
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Centralized + DeFi integration? That's essentially still centralized.
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1 billion isn't too big or too small; if it can really move volume, it's worth paying attention to.
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I've known for a while that most people are too lazy to learn, so that's a market opportunity.
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It seems that this "simplified" solution ultimately gets harvested by centralized entities. What's the point of DeFi then?
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ProbablyNothing
· 01-09 01:50
1 billion dollars, it sounds impressive, but I feel like it's just DeFi wrapped in a layer of centralization; deep down, it's still the same old story.
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CrossChainMessenger
· 01-08 01:50
1 billion dollars indeed looks impressive, but honestly, it's just centralized DeFi pretending to be decentralized. Where is the true decentralized spirit?
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FOMOmonster
· 01-08 01:47
One billion dollars? The number looks intimidating, but the actual demand is definitely there.
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Basically, it's paving the way for beginners. Those who are too lazy to figure out on-chain operations are all here.
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Translator-style service... It sounds like an intermediary making a profit margin, but if users are willing to pay, it shows the pain points are real.
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Reliable platforms are gradually eating away at the DEX market. The convenience of centralized platforms is just too attractive.
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A billion-dollar scale is not small; it feels like this track can still grow.
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Huh? Isn't this just "taming" DeFi? Users do need this kind of compromise solution.
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Honestly, I’m too lazy to study smart contracts. Having products like this is just too comfortable.
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SchrodingerWallet
· 01-08 01:46
Oh my god, a billion dollars. Is this really a victory for DeFi or just CeFi tricks?
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MetaLord420
· 01-08 01:35
1 billion dollars? Really? It just feels like a centralized scheme wrapped in DeFi...
Breaking $1 billion! See how a leading platform is making DeFi lending easier
【Crypto World】Interestingly, a certain leading compliant platform recently announced a figure: the loan volume backed by crypto assets on their platform has surpassed the $1 billion mark. What does this imply? The platform believes this validates one of their hypotheses: users indeed want to enjoy the convenience of centralized exchanges while also accessing the flexible financial functions of DeFi.
In other words, not everyone wants to delve into complex smart contracts and on-chain interactions; some people just want a simpler way to perform operations like lending and collateralization. The $1 billion loan volume indicates that this demand definitely exists, and users are willing to pay for this “translator”-style service.