There are two primary interest rates in the cryptocurrency market; the Annual Percentage Yield (APY) and the Annual Percentage Rate (APR). Both APY and APR measure interest earned over a year, but APY includes compound interest in its calculation,...
The industry as a whole is still reeling from the effects of FTX's historic collapse, but some subsectors, like DeFi, are thriving as a result of the crash. According to Dune Analytics, trading volumes on decentralized exchanges (DEXs) hit...
Although the NEAR protocol is a newcomer in the Web3 arena, it brings a wealth of technological advancements that prioritize user experience. Nightshade, its innovative scalability solution, is at the heart of these initiatives. Nightshade employs a novel sharding...
Decentralized finance (DeFi) is a system that aims to shift the spotlight away from centralized cryptocurrency exchanges and the constraints of the current traditional finance (TradFi) system. Despite DeFi’s cutting-edge nature, it has yet to achieve widespread adoption due...
Decentralized finance (DeFi) has evolved into a multibillion-dollar industry that is remarkably disrupting finance systems across the globe. One of the factors contributing to DeFi's phenomenal growth is the introduction of decentralization into the financial sector. Traditional finance (TradFi)...
Decentralized borrowing and lending are important aspects of decentralized finance (DeFi). In DeFi borrowing and lending, Users can borrow crypto loans and then pay back the interest and principal after the specified period. Crypto lending is a service that...
Decentralized Finance (DeFi) is a burgeoning, revolutionary, and brilliant application of blockchain technology in the finance industry. DeFi, as its name implies, is a financial system lacking the centralization element prevalent in traditional finance (TradFi) organizations. DeFi is a...
Decentralized Finance (DeFi) is a cutting-edge, blockchain-based finance that does not depend on centralized financial intermediaries (such as exchanges or banks) but uses smart contracts built on blockchains. DeFi differs from traditional financial services in that a transaction can...
Decentralized Finance can take many forms, such as decentralized lending, decentralized exchanges, decentralized insurance, etc. DeFi insurance is the process of obtaining insurance coverage against losses in the decentralized finance space for oneself or a DeFi protocol. As a...
The widespread adoption of blockchain technology over the last ten years has allowed thousands of fascinating projects to succeed. These projects involve a diverse range of industries and individuals, and as technology advances, more blockchain-based enterprises are likely to...
