MakerDAO is a decentralized autonomous organization with a collateralized stablecoin DAI that makes DeFi lending and borrowing possible.
2022-11-17 04:01:48
APR and APY both measure interest. But APR measures the interest charged, and APY measures the interest earned.
2022-11-16 10:31:15
NFT games are one of the directions in NFT applications of the current Web3 developments.
2022-11-16 09:17:53
Developed by the DFINITY Foundation, Internet Computer (IC) is a blockchain service provider with a grand vision. It aims to become a basic computing service facility in the entire blockchain field. Similar to the blockchain versions of AWS (Amazon Cloud Computing Service) and Azure (Microsoft Cloud Service Platform), the Internet Computer (IC) provides solutions for all network services and cloud computing needs. If it is able to keep developing in the long term, it will be capable of bringing huge innovation to the crypto industry.
2022-11-16 08:57:13
What is TVL and how can you calculate it? What are the applications of TVL in DeFi? What is the largest network by TVL? Follow us to find answers in this article.
2022-11-15 09:35:36
IGOs provide blockchain gaming startups within the channel to raise funds without relying on venture capitalists or game publishers. IGOs grant investors early access to obtain higher returns.
2022-11-15 08:20:07
A tool for price regulation of digital assets in Decentralized Finance (DeFi)
2022-11-15 08:00:59
Tornado Cash is an industry-leading coin mixer that enables anonymous transactions. On August 8, the U.S. Department of the Treasury’s Office of Foreign Assets Control announced that it would sanction Tornado Cash, roiling the community.
On August 8, U.S. local time, the Office of Foreign Assets Control of the US Department of the Treasury (OFAC) announced the sanctions against the mixed currency protocol Tornado Cash, roiling the community.
This event is expected to be a watershed in the growth of DeFi, and even the entire crypto industry. Then, what is Tornado Cash? How does it work? How did it become the target of sanctions by the US government? You’ll find all the answers to these questions in this article.
2022-11-15 02:46:42
Rocket Pool is a decentralized application (dApp) in the Decentralized Finance (DeFi) space that increases access to staking opportunities on the beacon chain.
2022-10-26 08:13:25
Fractional NFTs are based on the premise of making fungible something non fungible. By fractionating an NFT, it is possible to create a shared ownership.
2022-10-26 07:32:43
Social Tokens are meant to be the next big innovation in cryptocurrencies and in the field of decentralized finance.
2022-10-24 09:57:00
Flash loans are a form of unsecured loans available to cryptocurrency traders on some DeFi protocols that require no collateral or intermediaries.
2022-10-24 04:22:23
Wrapped tokens are tokens that are pegged against other cryptocurrencies and exist on other blockchains. They increase interoperability among blockchain networks.
2022-10-21 07:33:27
Rollups represent one of the most popular and effective Ethereum scaling solutions. As a Layer 2 off-chain scaling solution, Rollup bundles thousands of off-chain transactions into batches and sends them to the main blockchain for storage and verification. It greatly improves transaction volume and transaction speed while inheriting the security of Ethereum Mainnet.
2022-10-20 09:36:58
Yearn.finance is a decentralized smart financial product built on Ethereum. It implements algorithms to shift assets between different smart contracts to attain the highest yields.
Yearn.finance launched the YFI token in July 2020. Its price soared from $3 to $30,000 within one month, which rapidly attracted a large number of investors. Its founder, Andre Cronje, is a South African fintech developer. He created Yearn.finance when he realized that different DeFi applications offer different yields.
Users flocked to Yearn.finance soon after it was launched. Its market cap reached $1.5 billion by September 2020. Data shows that its total value locked in the network exceeded $6 billion at its peak in November 2021. How did the craze sweep the whole crypto space? How does it work? Let’s explore.
2022-10-19 08:06:14