DeFi

In 2020, the " DeFi Summer" left people fascinated by the charm of Decentralized Finance, and also brought the Ethereum ecosystem to the forefront of crypto space. Let us show you here how to play with the DeFi "Money Legos".

Articles (1683)

Reserve Protocol vs MakerDAO: How Do These Two Decentralized Stablecoin Models Differ?
Intermediate

Reserve Protocol vs MakerDAO: How Do These Two Decentralized Stablecoin Models Differ?

Reserve Protocol and MakerDAO are both designed to create decentralized stablecoins, but they rely on different stabilization mechanisms. MakerDAO issues DAI through user-level over-collateralization, while Reserve Protocol backs RTokens with asset baskets and introduces an RSR staking layer as a risk buffer. MakerDAO focuses on a single stablecoin model, whereas Reserve Protocol offers a customizable framework for multiple stablecoins. This distinction makes MakerDAO better suited as a general-purpose stablecoin protocol, while Reserve Protocol functions more as a modular stablecoin infrastructure.
2026-04-23 10:14:30
What Is RSR Used For? Governance and Risk Buffer Mechanisms Explained
Beginner

What Is RSR Used For? Governance and Risk Buffer Mechanisms Explained

RSR is the native utility token of Reserve Protocol, primarily used for governance voting, risk buffering, and staking rewards distribution. RSR holders can participate in protocol governance and stake their tokens to provide risk protection for RTokens. When collateral value declines and reserves become insufficient, the protocol sells staked RSR to replenish reserves, ensuring the solvency of the stablecoin system.
2026-04-23 10:08:22
How Does Reserve Protocol Work? Understanding the RToken Minting Mechanism
Beginner

How Does Reserve Protocol Work? Understanding the RToken Minting Mechanism

Reserve Protocol’s stablecoins, known as RTokens, are backed by a basket of on-chain assets and maintained through over-collateralization and an RSR staking mechanism. When users deposit collateral into the protocol, it mints a corresponding amount of RTokens based on predefined rules. If the value of the collateral declines, the RSR staking layer absorbs losses to preserve system solvency. This design allows Reserve Protocol to create asset-backed stablecoins while supporting flexible configurations for different use cases.
2026-04-23 10:03:46
What Is Reserve Protocol (RSR)? Understanding the Decentralized Asset-Backed Currency Protocol
Beginner

What Is Reserve Protocol (RSR)? Understanding the Decentralized Asset-Backed Currency Protocol

Reserve Protocol is a decentralized system for creating and managing asset-backed stablecoins. It issues stablecoins supported by multiple on-chain assets and maintains system stability through governance and risk-buffer mechanisms. Its native token, RSR, serves roles in governance, staking, and absorbing risk.
2026-04-23 09:57:22
BEAM vs Monero: Key Differences in Privacy Technology and Anonymity Models
Beginner

BEAM vs Monero: Key Differences in Privacy Technology and Anonymity Models

The core distinction lies in how privacy is achieved. BEAM relies on the Mimblewimble protocol to compress data structures, while Monero uses ring signatures and stealth addresses to deliver strong on chain anonymity.
2026-04-23 09:52:40
How Does the BEAM Economic Model Work? From Issuance to the BEAMX Governance System
Beginner

How Does the BEAM Economic Model Work? From Issuance to the BEAMX Governance System

BEAM’s economic model is built on two layers, a base layer token and a governance token. Through coordinated issuance, incentives, and governance, it supports the long term operation of a privacy focused network.
2026-04-23 09:40:17
What Is BEAM? A Complete Guide to Its Privacy Model, Mimblewimble Architecture, and Crypto Ecosystem
Beginner

What Is BEAM? A Complete Guide to Its Privacy Model, Mimblewimble Architecture, and Crypto Ecosystem

BEAM is a privacy-centric cryptocurrency developed on the Mimblewimble protocol. It delivers an efficient, default-private transaction system by compressing transaction data and obscuring transaction amounts.
2026-04-23 09:34:59
What Is 1inch Fusion? A Deep Dive Into Gasless Swaps
Beginner

What Is 1inch Fusion? A Deep Dive Into Gasless Swaps

1inch Fusion is an advanced swap mechanism introduced by 1inch that allows users to exchange tokens without directly paying gas fees. It relies on Resolvers to compete for order execution, helping optimize trade routes, reduce slippage, and minimize MEV risks. Compared to traditional DEX swaps, 1inch Fusion offers clear advantages in improving efficiency and user experience, making it an important part of 1inch’s DeFi infrastructure.
2026-04-23 03:11:53
Hedera (HBAR) Tokenomics Explained: Utility, Supply, and Incentive Mechanisms
Beginner

Hedera (HBAR) Tokenomics Explained: Utility, Supply, and Incentive Mechanisms

Hedera (HBAR) is the native token of the Hedera network, and its tokenomics model is designed to support network operations, node incentives, and ecosystem expansion. As a key part of an enterprise-grade distributed ledger platform, HBAR plays a central role in transaction fee payments, network security, and developer incentives. As blockchain infrastructure continues to evolve, HBAR has been widely used in asset tokenization, enterprise applications, and broader Web3 ecosystem development.
2026-04-23 02:31:54
Hedera Technical Architecture Explained: How the Hashgraph Consensus Mechanism Delivers High Performance
Beginner

Hedera Technical Architecture Explained: How the Hashgraph Consensus Mechanism Delivers High Performance

Hedera Hashgraph is a distributed ledger network designed around the Hashgraph consensus algorithm, offering a high-performance, low-cost alternative to traditional blockchains. Unlike conventional systems, Hedera does not rely on block production. Instead, it achieves consensus through Gossip about Gossip and virtual voting.
2026-04-23 02:27:28
What Is Hedera (HBAR)? A Complete Guide to the Hashgraph Architecture and Enterprise-Grade Public Network
Beginner

What Is Hedera (HBAR)? A Complete Guide to the Hashgraph Architecture and Enterprise-Grade Public Network

Hedera is a distributed ledger network based on the Hashgraph consensus mechanism, designed to deliver high performance, low costs, and scalable Web3 infrastructure. As blockchain technology increasingly moves into enterprise adoption, Hedera has found applications in payments, data verification, digital asset issuance, and enterprise Web3 solutions.
2026-04-23 02:20:45
FLUID Tokenomics Explained: Utility, Distribution, and Incentive Design
Beginner

FLUID Tokenomics Explained: Utility, Distribution, and Incentive Design

The FLUID token economy is designed around a unified liquidity infrastructure, aligning incentives and value distribution to support protocol governance, liquidity provision, and ecosystem growth. As unified liquidity protocols evolve, FLUID serves as a key link between users, developers, and the protocol itself, playing an essential role in network expansion.
2026-04-23 02:12:02
How Does Fluid Work? A Deep Dive Into Its Unified Liquidity Infrastructure
Beginner

How Does Fluid Work? A Deep Dive Into Its Unified Liquidity Infrastructure

Fluid is designed as a unified liquidity infrastructure for DeFi, bringing lending, trading, and liquidity markets into a single liquidity layer. The goal is to improve capital efficiency and reduce liquidity fragmentation across the DeFi ecosystem. As DeFi continues to expand, the inability to share capital across protocols has become increasingly evident, making Fluid’s unified liquidity model a notable direction for infrastructure innovation.
2026-04-23 02:06:58
What Is Fluid (FLUID)? A Guide to Fluid’s Liquidity Infrastructure and DeFi Aggregation Model
Beginner

What Is Fluid (FLUID)? A Guide to Fluid’s Liquidity Infrastructure and DeFi Aggregation Model

Fluid (FLUID) is a unified liquidity infrastructure protocol designed to build a more efficient DeFi capital system by combining decentralized trading, lending, and liquidity markets. As decentralized finance continues to evolve, liquidity fragmentation has become a major constraint on DeFi efficiency. Fluid attempts to address this issue through a unified liquidity model.
2026-04-23 02:02:51
Tether Backs $150M Recovery Plan for Drift Protocol After Exploit
Beginner

Tether Backs $150M Recovery Plan for Drift Protocol After Exploit

Tether has backed Drift Protocol's $150 million fund recovery initiative, aiming to restore user losses incrementally through ongoing trade activity. This article examines the hacking event, the USDC dispute, and the industry's mechanisms for managing risk within the crypto sector.
2026-04-22 10:36:08