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What are you thinking about that? https://decrypt.co/81409/coinbase-leads-8-5m-raise-crypto-project-bringing-defi-bitcoin

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Sounds like competition

Coinbase is centralized exchange...

This is the way. I forsee a lot more companies and projects going this route

Read the article again ;) Also, Cake is centralized

Understood :) Thanks

And? The article is not about Coinbase it just tefers that coinbase participated in the funding of a project similar to defichain that aims into bringing Defi to Bitcoin

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