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Some swear by using DeFi, while others prefer to use the services that CeFi has to offer. But what exactly are CeFi and DeFi? And what are the pros and cons of CeFi and DeFi?
Cronos (CRO) is the newest token by Crypto.com, separate from their original token, MCO, both of which are based on Ethereum’s ERC-20 protocol. CRO was introduced in early 2020 and was meant to complement the ecosystem by allowing individuals to opt into a variety of different tiers of benefits within the Crypto.com ecosystem.
The Terra protocol wants to function as a central bank for cryptocurrencies by offering stability. With the help of smart contracts and stablecoins algorithms, they have effectively built a hub where stablecoins, traditional currencies and volatile tokens can function as one hybrid mechanism.
