Investors lending their assets to a DEX or other DeFi platform that needs liquidity in exchange for rewards is known as liquidity mining. In particular, users offer liquidity in the form of LP tokens, which stands for Liquidity Provider, in the majority of Liquidity Mining systems in exchange for governance token awards as well as …
With the rise of DeFi, the chances of using blockchain technology in the creation of financial applications have improved. DeFi, or decentralized finance, has recently attracted a lot of attention because it has raised enormous sums of money for numerous businesses. Offering crypto loans on a decentralized platform is the core concept behind deFi lending. …
By having DeFi as an alternative to a centralized system, the world is moving towards achieving decentralized power, backed by high-tech blockchain. With each passing day, people are pouring their money into cryptocurrencies to have more financial liberty. Cryptocurrency is a digital currency, a secure digital ledger that records crypto transactions. However, crypto investments are …
There won’t be many happy faces in the cryptocurrency community during a bear market. No trader’s cryptocurrency portfolio is increasing at the moment unless they are shorting cryptocurrencies. A bear market will cause many people’s crypto assets to lose some of their purchasing power. What is a bear market? This could be a straightforward definition …
DeFi has generated a lot of hype, buzz, scepticism, confusion, and excitement at the same time. Decentralized finance, or “DeFi,” is the ecosystem of blockchain-enabled goods and services that substitute freely available, autonomous, and transparent software for traditional financial intermediaries. The features and advantages of DeFi should be described since business owners, executives from corporations, …
