Options trading has become more popular than ever now that anyone can trade from anywhere with a few taps. The barriers to entry have been lowered improving accessibility for the average joe. In case you don’t know, options are financial primitives that give a trader the choice (or the option) to buy or sell an …
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. …
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 …
On Thursday March 12, 2020, the price of Ether (ETH) dropped over 30% in about 24 hours. The result sent chain reaction rippling through DeFi in an event many will likely come to refer to as Black Thursday. DeFi users rushed to make transactions like trading on DEXes, paying off debts, bolstering collateral ratio, etc. …
Lately there’s been some buzz around the concept of social money in the crypto space. If you’re not familiar with the term, you’re probably asking yourself: “What is social money?” And to be honest, the term’s so loosely defined to the point it’s probably easier to see a few examples. So, here’s a Uniswap interface …
No, we’re not talking about the beverage. We’re talking about this new token creating buzz in the Ethereum community lately called Chai. CHAI is an ERC20 token that’s like DAI which earns interest from Maker’s Dai Savings Rate (DSR), currently 4% as of writing this. It’s a lot like how cDAI represents DAI supplied to …
At 12:25 AM (UTC) on December 8th, 2019, the Ethereum network mined block 9,069,000 activating the Istanbul network upgrade. Let’s take a look at how the upgrade might affect existing and future DeFi applications. So what’s changed with the Istanbul Upgrade? Istanbul included 6 Ethereum Improvement Proposals (EIPs). EIP-152: Add Blake2 compression function `F` precompile …
Don’t panic. Everything is ok. The Maker system has been upgraded to Multi-Collateral Dai. You should see SAI in your wallet instead of DAI. This just means it’s time to migrate your “DAI”, now referred to as SAI, to Maker’s new architecture. With the launch of Multi-Collateral Dai on November 18th, 2019, the name and …
