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...
Unlike bitcoin, which can be sold almost immediately, the NFT industry is more liquid. It can take months for someone to buy another user’s NFT. This challenge brings about the need for financial instruments in the NFT industry. Also,...
Blockchain technology is gradually being adopted across major industries such as finance, telecommunications, shipping, accounting, and auditing. DeFi is not short on ideas; rather, it is short on funding. There have been challenges with projects that simply don't measure...
With its promise of high returns and financial freedom, DeFi has captured the attention of investors and enthusiasts alike. Whether you're looking to earn interest, provide liquidity, or invest in new protocols, DeFi offers a range of exciting and...
Earning a passive income and gaining financial flexibility are just a couple of the benefits of using a lending protocol. But, before you begin, a few hesitations might enter your mind. Like, how do you judge a protocol's security?...
Cosmos is one of the fastest-growing blockchain-based projects aiming to facilitate interoperability and cross-blockchain communication. Its ecosystem currently hosts over 250 apps and services and manages more than $100 billion in assets. Given the large number of transactions that...
As a result of market conditions, crypto enthusiasts experience a range of emotions. During a bull market, the value of most cryptocurrencies skyrockets, instilling fear of missing out in investors. FOMO is an acronym for "Fear of Missing Out,"...
Getting started in decentralized finance (DeFi) can be intimidating. Although the path to financial freedom is exciting and full of limitless possibilities, there is much to learn when first entering this space. DeFi is evolving rapidly and will significantly...
As the crypto space expands, new cryptocurrencies emerge. Some are intended to serve as the keys to decentralized finance (DeFi) platforms. Some cryptocurrencies' use cases are linked to NFT platforms and their functionalities. In some situations, a coin may...
As blockchain technology continues to establish itself as a new cornerstone of the global economy, its decentralized network architecture faces a unique problem known as the Blockchain Trilemma (which comprises decentralization, security, and scalability). "Blockchain decentralization" refers to the...
