Introducing MoonDeFi, a New Part of Decentralized Finance
16th November 2020 – Centralized exchanges have been the backbone of the cryptocurrency market for years. They offer fast settlement times, high trading volume, and continually improving liquidity. However, there’s a parallel world being built in the form of trustless protocols. Decentralized exchanges (DEX) require no middlemen or custodians to facilitate trading. Due to the inherent limitations of blockchain technology, it has been a challenge to build DEXes that meaningfully compete with their centralized counterparts. Most DEXes could improve both in terms of performance and user experience. Many developers have been thinking about new ways to build a decentralized exchange. As a result of this innovation, MoonDeFi has been created…
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