Search Result for 'blockchain'

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 centralized exchanges. As of August 2021, there is almost $69 Billion ...

How NFTs Can Unlock The Potential Of DeFi. NFTs have taken the digital art and collectibles niche by storm.

How NFTs Can Unlock The Potential Of DeFi

NFTs have taken the digital art and collectibles niche by storm. While the first-ever NFT, Quantum was created by Kevin McCoy on May 3, 2014, it was only in 2020 that NFTs caught mainstream attention. In 2020 and 2021, several high-profile sales were made which put the NFT space into ...

An Introduction To USDC | DeFi Planet

An Introduction To USDC

Telling some centralized or traditional finance enthusiasts to embrace cryptocurrencies can be likened to advising them to bear the burdens of Hercules on their shoulders. Many tend to look at some of the issues plaguing crypto, and volatility is a major one. This year, 2021, has gone to show us ...

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 are the ones that started it all, the one category in ...

An Introduction To Binance Smart Chain | DeFi Planet

An Introduction To Binance Smart Chain

Binance Chain and Binance Smart Chain are different blockchains belonging to the same ecosystem. Binance Coin (BNB) is the native token of the Binance ecosystem.  Binance Chain was an earlier version that was fraught with issues that undermined the growth of the ecosystem. It sacrificed some crucial elements to achieve ...

A-Summary-of-ChainLink

A Summary Of ChainLink

The blockchain world, especially the decentralized financial realm, needs data to operate effectively, and that is why Chainlink was created. Chainlink is a decentralized oracle protocol that offers real-world data to smart contracts on the blockchain. Many DeFi ecosystems depend on the oracle network that Chainlink offers to function in ...

Amazon accepting Bitcoin in 2021 | DeFi Planet

Amazon accepting Bitcoin in 2021?

A source within Amazon whose identity has been masked has reportedly told City A.M, a London business newspaper that the e-commerce giant plans to accept Bitcoin (BTC) payments by the end of 2021. There is a possibility this move will set a broader platform for cryptocurrency payments. Speaking to the ...

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