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Denko Mancheski
@denkomancheski
CEO at https://t.co/TuwMAx1gm7
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Jan 19, 2021
•
9 tweets
•
6 min read
(1)
Why DeFi needs
@ReefDeFi
?
🌈Reef Finance not only makes
#DeFi
easy, but is also essential for the progress of the DeFi industry.
The first
@Polkadot
project on
@binance
,
#Reef
solves the 3 biggest problems which plague DeFi today.
Read on to know more👇 (2)1️⃣Liquidity Problem
Both CEX & DEX suffer from unique problems
#CEX
- Prone to hacks
- Contain isolated silos of liquidity for different coins
- List selected coins
#DEX
- Difficult to use
- Unstable liquidity
- Trades are slow
- Usually suffer from congestion on
#Ethereum