CeFi is a bit older than DeFi but is still a growing area in FinTech. These companies create easy ways for newbs to get into crypto and DeFi. There is a good opportunity to create a Pie that can invest in those CeFi projects that also have tokens associated with their platforms. Usually these tokens incentivize their users to hodl and stake for more rewards causing them to increase in value as more users enter the space and tokens become scarce.
Credit and Debit cards have been slow to roll out on the various platforms but will bring even more users as they do. It will also bring more traditional investors to these markets as they begin to see value created by these new revenue streams.
I recommend creating a Pie that invests in CeFi tokens weighed by marketcap that updates every 15 days.
There could also be opportunities to generate yield for these tokens as all the respective platforms allow this. I’m just not sure how the PIE would be able to handle this.
Suggested token contents
CEL : Celsius $2B Mcap
NEXO : Nexo
CHSB : Swissbourg
YLD : Yield(dot)app $4M Mcap
There are likely other’s I’ve missed. It’s also possible that a Coinbase stock syntetic asset could be added when they finally go public.
Although the companies themselves have had ups/downs they are still finding new users and most if not all have at least a small active group of hardcore users.