The average person would describe cryptocurrency as highly volatile. And while this is true for many, there are coins designed to reduce volatility or stability commonly referred to as stablecoins. Stablecoins, particularly those pegged to the US Dollar, have dramatically risen in popularity thanks to the utility they provide to users and smart contracts alike. …
From their inception, the coins or tokens pegged to the US Dollar, commonly referred to as stablecoins, provided a way for many users to exit positions without exiting crypto. One could make the case that the popularity of tokenized dollars in crypto was a necessary precursor to the DeFi ecosystem we know today. Their liquidity …
DeFi and the greater crypto ecosystem are experiencing an explosion in 2020. TVL has grown more than 10x since March, new projects with novel distribution models and incentive mechanisms are launched week after week. The yield farming craze has stress-tested all the major DeFi protocols in the past four months, and the industry as a …
DeFi is a fast moving and highly competitive space. While DeFi may level the playing field by allowing anyone to participate, it still comes with risks and has a steep learning curve. When these factors are combined, it’s easy to see how the average user may feel left behind at times. Built by the team …
Recent events have made it all too clear to the average user why decentralization has a key role to play in having a fair and efficient market. Futureswap aims to disrupt the multi-billion dollar perpetual futures trading market currently dominated by centralized services. Futureswap takes a different approach with a hybrid between Uniswap and a …
Alpha Homora was a DeFi product born out of practicality. Those familiar with DeFi can tell you that users will go to extraordinary lengths when they spot an opportunity. This proved to be especially true as the yield farming craze reached a fever pitch in 2020 when users would combine various lending protocols to leverage …
Many would argue that generating yield with stablecoins is currently one of DeFi’s biggest use cases. So it’s no wonder we’ve seen a flurry of different stablecoins, yield aggregators and vaults entering the market, each with their own tokenized representation of yield-bearing stablecoins. You can almost picture these yield-bearing tokens like snowflakes; each similar at …
In traditional finance, leaner banking models without physical locations allowed online banks to cut costs and pass the benefits onto the customer. Banking services built on decentralized networks like Ethereum can offer even more advantages by further reducing operational costs such as securing assets which would traditionally be held in custody. Non-custodial protocols like DeFiner …
There’s no doubt that 2020 was a wild ride for everyone, especially for anyone involved in DeFi. When you look back at the year, it’s honestly hard to wrap your head around how much things have changed in our community. There are so many projects that launched this year that have become core to the …
Over the course of 2020, more than 140,000 BTC entered the DeFi ecosystem. With so many different alternatives for Bitcoin tokens, it only makes sense to break it out into its own page to provide more detailed metrics. We’re excited to introduce a new page highlighting the use of Bitcoin in the DeFi ecosystem. Bitcoin …
Yield farming allows projects to bootstrap their communities through incentives created by distributing their protocol’s token, essentially killing two birds with one stone. While these farming opportunities are open to all participants, making the most of these opportunities requires a certain amount of capital and expertise. And nowadays, yield farming has practically become a full-time …
Let’s face it… In the heat of the moment when it matters most you want to be using the fastest, cheapest way to execute that critical trade. And when you trade on most DEXes, network congestion and the subsequent high gas fees impact your performance. Pay too low of a gas price and you’ll be …
