Decentralized finance is a form of blockchain-based finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to provide traditional financial instruments, instead of relying on smart contracts on blockchains, the most common of which being Ethereum.
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 ecosystem. As an investor, your main goal is always to look ...
TLDR: Decentralized Finance (DeFi) is a growing industry that promises to disrupt Traditional Finance (TradFi). DeFi is a set of decentralized, permissionless protocols that provide financial services without a middleman or central authority to facilitate operations. There is a need for an open, transparent, and secure financial system and DeFi ...
Recently, Jack Dorsey, the CEO of Square (NYSE: SQ) announced a new business that will focus on the growing Decentralized Finance (DeFi) network. Square has always had an interest in cryptocurrency and it aims to build its DeFi protocols on the Bitcoin Blockchain. Dorsey, in a tweet, says this new ...
DeFi wallets are used to manage digital assets and interact with the different DeFi protocols such as lending and borrowing protocols or decentralized exchanges. They allow investors to easily and safely access the protocols that are shaping the future of finance. In recent years, the DeFi space has grown significantly ...
Have you ever provided liquidity to a liquidity pool just to see your profits diminishing? If you have interacted with Automated Market Makers such as Uniswap or Balancer as a liquidity provider, you might have come across the term “impermanent loss”. Impermanent loss is annoying. Fortunately, there are some strategies ...
