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.
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 ...
