Cryptocurrency Analysis and News Portal
Binance Smart Chain (BSC) has rapidly risen to prominence in 2021 as high transaction costs and congestion on the Ethereum (ETH) network led smaller-size investors to search for cheaper alternatives.One of the top choices to earn a yield on the BSC is Venus (XVS), an algorithmic money market and synthetic
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The new Chainlink architecture proposed decentralized oracle networks that can off-chain computations and reduce the on-chain logic load. Besides, it also talks about the use of hybrid smart contracts.On Thursday, April 15, oracle service provider Chainlink (LINK) released a new whitepaper with a plan of expanding into new horizons and
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Chainlink the Whitepaper for its second iteration. Chainlink 2.0 has been created to allegedly take the “next steps in the evolution of decentralized oracle networks”. With one of the most used applications in DeFi, these protocols need oracles to feed them with off-chain information. In the new iteration, Chainlink could go
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When Andre Cronje released Yearn Finance (YFI), the DeFi fever was brewing. Two events converge and launched the sector into full madness: Uniswap’s UNI airdrop and governance token YFI breaking every foreseeable resistance to reach $30,000. At that moment, Bitcoin was trading at approximately $10,000. Now, after a downtrend, YFI seems
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Issues with Ethereum congestion and high fees have led to many companies adopting layer-one solutions like Optimistic Rollups, OMG Network and many others. These platforms allow transactions to be created outside of the Ethereum network on what are known as “sidechains,” which then can be reconciled on the main Ethereum
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Crypto mass adoption means that it’s time to think about the wider market who will be interested in many of the lower-risk, lower-reward types of DeFi services. Easy-to-adopt, as well as customized solutions, are necessary so as not to alienate potential users. In the world of stablecoins and especially fiat-pegged stablecoins
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In the Q1 2021, DYP has made arrangements that include dispatch ETH mining pool and yield farming for miners, Earn Vault, Tools dispatch, Partnerships, and applications improvement of DYP. DeFi Yield Protocol (DYP) is a decentralized yield farming firm. Through this, the liquidity providers can grab their ETH and DYP rewards.
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The DeFi industry offering an alternative to traditional financial services is evolving at a rapid pace. There are few platforms that are using the latest advances in the blockchain space to create DeFi solutions that could not only outperform their peers but also capable of adapting to new developments in
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UniFarm, a decentralized farming pool of DeFi’s top projects, has announced a $2 million investment from leading blockchain funds including AU21 Capital, LD Capital, Rarestone Capital, Morningstar Ventures, NGC Capital, Alphabit, Moonwhale Ventures, Acheron Capital, Zokyo Ventures, and more. UniFarm pioneered the token farming pool model which has seen 17 top
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Decentralized Finance never ceases to amaze with records as more platforms gain success in this field. The decentralized Binary options platform and exchange Value Network stepped into the DeFi area and gained unmatched success in two days. Reimagined with the help of blockchain technology, Binary options seem to become a no-brainer
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