Decentralized Finance is redefining the concept of loans by allowing access to a variety of loans. Overcollateralized loans and flash loans are the two main types of DeFi loans. Overcollateralized loan providers anticipate that users will submit collateral worth...
In recent times, the decentralized finance (DeFi) space has witnessed remarkable growth, achieving its intended objective of improving financial inclusion and operational efficiency. DeFi provides many opportunities for participants in the space to earn returns on their investments. Common...
Decentralized Finance, better known as DeFi, is an emerging FinTech area that brings cryptocurrency's blockchain or decentralized distributed ledger technology to banking and other financial services. It eliminates the need for intermediaries in cross-border transactions and, by extension, finance,...
Crypto lending is an element of the crypto ecosystem that allows individuals to borrow and lend cryptocurrencies. Crypto enthusiasts can borrow and lend cryptocurrency for various purposes and incentives, much like in the traditional finance space. Let's assume a...
Different blockchains exist, and the development in this space has increased the need for unique chains with varying consensus mechanisms and operations to communicate with one another. Gone are the days when blockchains were restricted and didn't need inter-communication...
DeFi, or decentralized finance, enables individuals, merchants, and corporations to conduct financial transactions without intermediaries. This is accomplished through the use of peer-to-peer financial networks, which employ security protocols, connection, software and hardware enhancements, and so on. Unlike typical...
At the moment, there are numerous crypto projects offering a variety of features and services. Some are altering reality by creating a metaverse filled with activities that may have been impossible in the real world, others are injecting innovation...
Decentralized Finance (DeFi), a blockchain-based form of finance that does not rely on a central authority, is rapidly evolving since it came into existence in 2018. From the development of tokens, both fungible and non-fungible, to the building of...
Over the last few years, the DeFi or decentralized finance ecosystem has seen a meteoric rise. Currently, there’s over $90 Billion in Total Valued Locked (TVL) across different DeFi protocols, and the space continues to grow at a tremendous...
Introduction SushiSwap, a popular decentralized exchange (DEX) built on the Ethereum blockchain was launched in August 2020. The story of its launch is quite controversial, and the event is seen as one of the most polarizing incidents to ever...
