What is Tron? | DeFi Planet

What is Tron?

Tron started as an ERC20 token based on the Ethereum blockchain and changed in 2018 when it migrated to its own blockchain. At the moment, Tron is a blockchain like Ethereum that is dedicated to solving issues noticed in...

Beginner’s Guide to Lending and Borrowing in DeFi | DeFi Planet

Beginner’s Guide to Lending and Borrowing in DeFi

For decades, humans have been starved for options when it comes to availing of financial services. With DeFi, this comes to an end. While DeFi doesn’t remove the existing system, it offers users of financial services an improved and...

8 Types Of Blockchain Consensus Mechanisms You Should Know

8 Types Of Blockchain Consensus Mechanisms You Should Know

Introduction When people live and work together in groups, they often need to establish guidelines and a shared sense of responsibility, known as a "consensus." This consensus represents a set of agreed-upon rules or principles that guide the group's...

An Overview Of Wrapped Bitcoin | DeFi Planet

An Overview Of Wrapped Bitcoin

Bitcoin and Wrapped BTC are two different cryptos, as the latter is an ERC20 token, which is meant to act as a tokenized version of the bitcoin. WBTC is the tokenized version of BTC that allows its users to...

What Are Liquidity Pools And How Do They Work | DeFi Planet

What Are Liquidity Pools And How Do They Work?

DeFi has blown up in the past year, and the on-chain activity has been rapidly increasing. The volumes have been so high recently that popular decentralized exchanges like Uniswap can even compete with the volume on some of the...

Derivatives In DeFi | DeFi Planet

Derivatives In DeFi

Introduction The DeFi space has grown immensely in the past few years. The growth of DeFi has led to the launch of many DeFi protocols offering different financial services like lending/borrowing, derivatives, and payments.  While lending platforms like Maker...

Polkadot: What You Need To Know | DeFi Planet

Polkadot: What You Need To Know

Polkadot was created by a co-founder of Ethereum, Dr. Gavin Wood, and it is designed to permit blockchains to easily transfer value in a trustless manner while sharing their peculiar functionalities with one another. A key aspect of Polkadot...

Yield Farming In DeFi | DeFi Planet

A-Z Of Yield Farming In DeFi

Yield farming is one of the most trending topics in the world of DeFi. While the DeFi summer is known for the surging prices of DeFi tokens, it is yield farming that provides the most value in the DeFi...

A Brief Overview Of Ethereum | DeFi Planet

A Brief Overview Of Ethereum

Many blockchain-based platforms may exist, but Ethereum is one of the largest with thousands of decentralized apps being hosted on it. It is a blockchain ecosystem that has Ether-ETH- as its utility token while possessing Solidity as its programming...

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