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CeFi

Coverage of CeFi in the Nexus archive.

Earliest in view: May 11 · 12:12 UTCMost recent: May 11 · 12:12 UTC

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TECHNOLOGYMay 11 · 12:12 UTCR/DEFI
your favorite AI-powered DeFi tool can be killed by one OpenAI ToS update. that's not DeFi.
The use of AI-powered DeFi tools built on top of OpenAI's API may not be truly decentralized, as the corporation can update its terms of service and control access to the tools. This centralized control can lead to a loss of access to funds. The DeFi community should consider the implications of relying on commercial APIs.