Frequently Asked Questions about CeDeFi and How to Lower Entry Barriers Between Traditional Finance and Decentralized Finance
The resurgence of the BTC ecosystem has arrived, focusing on high-quality projects in the BTC ecosystem, this article discusses @BounceBit. Let me explain to everyone. #CeDeFi未来趋势 #BBCeDeFi $BB 1. What is CeDeFi, and why is it important? BounceBit describes CeDeFi as a hybrid of centralized finance (CeFi) and decentralized finance (DeFi), aiming to combine the advantages of both. It acts as an intermediary, leveraging the scalability and liquidity of CeFi along with the transparency and permissionless nature of DeFi.
2. How does Bitcoin integrate into the CeDeFi narrative? Bitcoin lacks native smart contract support but can integrate into CeDeFi through its robust institutional CeFi ecosystem. BounceBit's CeDeFi framework enables retail investors to employ institutional-grade strategies, allowing them to earn returns from Bitcoin safely and efficiently.
First, let me share my judgment: This wave will see a Move language public chain enter the top 10, meaning a market capitalization of over 14 billion US dollars (based on today's top 10 data, if the bull market continues, the threshold for the top 10 will continue to increase, and the corresponding market capitalization will also increase).
📒The reasons are simple: 1. Public chains have always been the most discussed topic in every bull market, allowing for a very high ceiling of imagination.
2. The teams and institutions behind the Move language public chains are also among the best in the industry in terms of resources.
3. Movement is also a very popular Move language project, and high-quality potential projects have a strong driving effect on projects that are already launched in the same field (for example, I previously stated that the listing of $ME would benefit $TNSR).
4. The Move ecosystem has already begun to make progress, and the potential within it is significant; it just depends on which field the team is willing to start with: Meme, Depin, gaming, or DeFi.
🙋I have a question for everyone: Which Move language project do you think will make it to the top 10?
Personally, I think it will be $APT @Aptos
📖The reasons are as follows: 1. It has the largest market capitalization, the most funding, and is recognized as the leader.
2. It has been consolidating for a long time; from a long-term perspective, the coin price has been fluctuating in this range without a significant increase.
3. The potential for ecosystem development is sufficient: some may ask why SUI doesn't count; SUI has actually done a lot in terms of ecosystem development to support the price increase. The APT ecosystem has yet to explode, which is why it has potential.
I found that those who are long on the big pie will have good luck. The president of El Salvador was directly re-elected. I also got back all the electric cars I lost from speculating on Chinese stocks in Hong Kong stocks. #BTC创历史新高
Why CKB is considered the leader of the BTC ecosystem
Background: The explosive popularity of inscriptions last year has drawn many people to focus on the BTC ecosystem. People have begun to reassess the enormous potential of the BTC ecosystem, and how to unleash the potential of the trillion-dollar BTC market value has become a question many are pondering. At the same time, the explosive popularity of the BTC ecosystem has also laid bare issues such as high BTC gas fees and slow confirmations. People have started to extend the question of how to develop the BTC ecosystem better, faster, and cheaper through inscriptions. BTC Layer2 has become the choice for many institutions, exchanges, users, and builders. However, looking back at history, one will find that there were already projects focused on this track in 2018. Improving the scalability of BTC was a topic that had been researched back in 2018. This project is Nervos Network.
Summary of key points from CZ Big Cousin's Dubai Blockchain Week interview.
Summary of key points from Big Cousin @cz_binance's interview:
1. In prison, I had plenty of time to reflect, and I found that what I miss the most are relationships: children, family, friends, colleagues, and community (I think community refers to everyone— you, me, every participant and builder in web3).
2. Whether the judgment is fair is a very subjective matter. Big Cousin agreed to the plea deal, but the judge actually said some good things. Now Big Cousin just wants to look forward.
3. Made some friends in prison: the prison guards are also consulting about cryptocurrencies; I am also working hard to help my friends inside reduce their sentences.
Optimistic about the development of Depin——Let’s study together how high the prospects of the leading project IO are
Preface Artificial intelligence technology is expected to start the fourth industrial revolution with computing power as the main energy source, and the demand for computing power is expected to increase rapidly. Therefore, computing power is called the oil and electricity in the era of AI explosion! In this revolution, whoever owns computing power will have the greatest voice!
NVIDIA CEO Jensen Huang pointed out in his keynote speech at COMPUTEX2024: Generative AI has brought far-reaching impacts and will become a new computing platform to replace the traditional software manufacturing industry. This is a $3 trillion IT industry that is about to produce innovative results that can directly serve a $100 trillion industry. The underlying hardware support for generative AI is computing power! This indicates the potential broad market demand for AI computing power.
Killing Two Birds with One Fish 1. @bitsmiley_labs (StableCoin): Pledge SolvBTC to mint bitUSD (stablecoin). bitSmiley is a Bitcoin native stablecoin protocol that allows users to over-collateralize native BTC on the Bitcoin network to mint stablecoin bitUSD.
2. @surf_protocol (Perp DEX): Stake SolvBTC to open a position. Surf Protocol is a perpetual contract DEX on Bitcoin Layer 2. It was previously selected for the seventh season of the Binance Labs MVB Accelerator Program. The Surf Protocol testnet ended on March 26, with a total of 30,000 wallet addresses participating in the testnet, with a total transaction amount of US$250 million, and the mainnet will be launched soon.
Grayscale announced the launch of a new crypto staking fund called Grayscale Dynamic Income Fund (GDIF), which aims to earn income by staking cryptocurrencies and will distribute rewards in U.S. dollars on a quarterly basis. GDIF will initially include assets from nine blockchains: Aptos (APT), Celestia (TIA), Coinbase Staked Ethereum (CBETH), Cosmos (ATOM), Near (NEAR), Osmosis (OSMO), Polkadot (DOT), SEI Network (SEI) and Solana (SOL).