Category: DeFi
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Cross-Chain: The new technology of DeFi
Decentralized finance (DeFi) has revolutionized the way we interact with financial services. Removing the need for intermediaries and offering open access to a wide range of financial instruments has attracted millions of users and billions of dollars in value. However, DeFi has also faced limitations, primarily due to the siloed nature of individual blockchains. This…
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Flash Loan: Uncollateralized Loan in DeFi
The world of decentralized finance (DeFi) is constantly evolving, introducing innovative tools and mechanisms that push the boundaries of traditional finance. One such innovation is the flash loan, a unique type of loan that allows users to borrow large sums of crypto assets without collateral, on one condition: they must be repaid within the same…
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DeFi 1.0 vs DeFi 2.0: The generation of Decentralized Finance
Decentralized Finance (DeFi) is a financial system that is built on blockchain technology. It is designed to be open, transparent, and accessible to everyone. DeFi 1.0 is the first generation of DeFi protocols, and it has been focused on providing basic financial services such as lending, borrowing, and trading. DeFi 2.0 is the next generation…
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Yield farming: Crypto investment strategy
In the ever-evolving landscape of cryptocurrency, one strategy has gained significant traction among investors seeking higher returns-yield farming. This innovative investment approach has reshaped the way individuals interact with decentralized finance (DeFi) protocols, presenting opportunities to generate substantial profits. This comprehensive guide delves into the fundamentals of yield farming, from its core concept to the…
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DeFi 2.0: The future of DeFi
Decentralized Finance, often referred to as DeFi, has been a revolutionary force in the world of finance. Its promise of democratizing financial services and reducing the need for traditional intermediaries has garnered significant attention. However, the first generation of DeFi faced limitations that hindered its potential. Enter DeFi 2.0, the future of decentralized finance, which…
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DApp: Decentralized application run on a blockchain network
In the ever-evolving landscape of blockchain technology, decentralized applications, or DApp, have emerged as a revolutionary force, reshaping the way we interact with the digital world. This comprehensive article delves deeply into the world of DApp, providing an extensive exploration of their history, functionality, key features, types, use cases, as well as their pros and…
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Decentralized Finance: 4 Challenges to Consider
A world without banks could be possible through decentralized finance (DeFi), a market worth $77 billion that offers a more efficient alternative to traditional banking. In DeFi, transactions are executed automatically, and people can trade directly with each other through blockchain-based smart contracts, without the need for intermediaries like big banks. MIT Sloan finance professor…
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What is Decentralized Exchange(DEX)?
Decentralized exchange (DEX) has emerged as a groundbreaking innovation in the world of cryptocurrencies. This platform is challenging the traditional centralized exchanges by offering a new way to trade digital assets, emphasizing security, transparency, and user control. In this comprehensive article, we will delve into the world of decentralized exchanges, exploring their technology, advantages, challenges,…
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Optimistic Rollups vs. ZK-Rollups: What’s the difference?
The Ethereum network has been a pioneer in the world of decentralized applications (dApps) and smart contracts. However, as the network has grown in popularity, it has faced significant scalability issues. Slow transaction times and high fees have become a bottleneck for developers and users alike. To address these challenges, various Layer 2 scaling solutions…
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What is DeFi 2.0?
The world of finance is undergoing a transformative revolution, and at its forefront is DeFi 2.0, redefining banking as we know it. Decentralized Finance (DeFi) emerged as a disruptive force in 2020, challenging traditional banking with its promise of transparency, immutability, and the elimination of trusted intermediaries. Now, with the advent of DeFi 2.0, we…