Assets5 Feb 2025 22:31
The assets you see dropping is from the defi chain.
Will GST contribute to the technical development of DeFiChain or collaborate on projects like re-pegging DUSD?
GST is not currently focused on contributing to the technical development of DeFiChain or collaborating on initiatives like re-pegging DUSD, but we are open to exploring such opportunities as they emerge, with a positive outlook for potential future collaboration.
Bake no longer supported it and Gst will not either. So this will go down as integration takes place. Hope that clears that up.
This is what you need to focus on...
Why did GST acquire Bake, and how do you plan to integrate Bake into your existing fintech ecosystem?
GST acquired Bake because its platform aligns perfectly with our long-term digital asset strategy and vision for fintech innovation. Bake brings a proven track record in providing accessible and secure crypto services, making it an ideal fit for GST’s broader ecosystem. This acquisition is a win-win, allowing both parties to leverage each other’s strengths for mutual growth.
Bake will serve as the fiat-to-crypto (and vice versa) liquidity layer for GST’s channel partners and the Group as a whole. By integrating Bake into our existing fintech ecosystem, we aim to enhance cross-platform synergies, streamline operations, and deliver even greater value to our users and stakeholders.
Will Bake continue to focus on decentralized finance, or will it move toward a more traditional approach, like Revolut or CEXs?
Bake will continue to prioritize decentralized finance, offering more profitable and innovative DeFi investment opportunities in the near future. This focus ensures that our users can access cutting-edge solutions while benefiting from the core principles of decentralization.
Looking further ahead, we plan to transform Bake’s UX/UI to provide a more intuitive and familiar experience, catering to both retail and corporate users. By combining the flexibility of DeFi with a user-friendly design, we aim to bridge the gap between traditional and decentralized finance, making Bake accessible to a wider audience.
For the clueless, just take your shares so we can pick up some more on the cheap, we thank you for doing, it's a gift from you to us.