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The majority of cryptocurrency liquidity is concentrated in centralized exchanges (CEX). Until now, there have not been efficient ways to move liquidity from CEXs to blockchain networks. With the integration of Cede.store, users can easily transfer liquidity from CEXs to the Metis ecosystem. This collaboration promises a faster, streamlined, and more cost-effective process. Let's take a look at what Cede.store brings to Metis.
Cede.store is a non-custodial browser extension designed to store CEX (centralized exchanges) API keys and to sign CEX requests from the client-side. It provides a unique interface, with a user experience similar to popular DeFi browser wallets like Metamask, allowing you to manage your cryptocurrencies in your CEX efficiently and securely.
Non-custodial and Secure: Users maintain control over their CEX access keys, ensuring adherence to DeFi principles of self-custody.
Streamlined User Experience: Users can transfer assets directly from their CEX accounts to Metis without leaving the dApp interface or worrying about destination addresses.
Efficient and Cost-Effective: This integration offers a quicker and cheaper way to fund wallets, bypassing the high fees and complexities associated with traditional methods.
Seamless Transfers: Users can now move assets from Binance, Gateio, OKX, and Bitget directly to Metis using Cede.store.
Incentive Programs: Metis users can benefit from rewards through incentive campaigns, earning more as they transfer liquidity from a CEX to Metis.
Increased Liquidity: Covering the entry point for liquidity, this integration brings new liquidity on-chain that would otherwise remain in a CEX.
Cede.store is a browser extension that enables users to manage their CEX assets seamlessly across any dApp, all while upholding DeFi principles of self-custody and user-friendly wallet interfaces.The integration of Cede.store aims to strengthen the Metis ecosystem by attracting more liquidity, users, and trading volume. The goal is to encourage users to transfer their CEX assets to the BLOCKCHAIN so users can participate in onchain activities like sequencer mining,ultimately fostering growth and innovation.
Supported tokens https://docs.cede.store/supported-tokens
Supported networks https://docs.cede.store/supported-networks
Download Cede.store here
Twitter: Cede Labs
Document : https://docs.cede.store/
Website: https://cede.store/
