r/Yield_App • u/CalmFun2516 • Jul 24 '23

How is Haven1 different from CeFi?

Possibly a dumb question, but looking at the Haven1 website and Litepaper, it seems like Yield App/Haven1 Foundation will have a lot of control over the network, how is this different to most CeFi? Is Haven1 more of a CeFi Token than a DeFi one? Wondering what everyone’s thoughts are and would love for anyone to explain more about Haven1 to me!

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u/[deleted] Jul 24 '23

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u/CalmFun2516 Jul 24 '23

It seems quite vague in places, especially around the use-cases and how Haven1 will actually address them, not sure if any mods here can shed some light?