Bitcoin Is Our Best Shot At Decentralized Finance
The only way to actually accomplish decentralized finance is via structurally sound money.DeFi, a shortened version of the mouthful “decentralized finance”, is a hot buzzword these days. The term is often associated with crypto tokens and networks, as well as the applications built on top of them for lending, borrowing, asset trading and other financial contracts to be executed without intermediaries. Most of today’s financial contracts require central intermediaries which are arguably opaque by design and must be trusted by both parties to execute contracts fairly. Sometimes that trust is....
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Curve and yearn.finance are among the few decentralized finance projects that have interesting yield farming products to offer. Their volumes have shot upwards due to consistent community involvement. Nevertheless, the price of their governance tokens is reflecting the boom. Anil Lulla, co-founder/COO of Delphi Digital – a New York-based digital asset research firm, attempted to […]
While decentralized finance took a hit in Q2, stats still show there is an important movement in these protocols. Data taken from Messari’s Q2’21 defi review show that decentralized exchanges are busy settling important numbers. Decentralized Finance Bruised but Still Up The decentralized finance paradigm stormed the market this year, and while it certainly took a hit, it is still healthy. According to numbers extracted from Messari’s Q2’21 defi review report, there is still significant activity going on in the decentralized market. Decentralized exchanges, one of....
Yearnify Finance is considered as one of the most innovative sources of passive income by most of the investors. It has drawn attention due to its potential high returns and extreme security majors. What is Yearnify Finance? In this article, we will provide detailed information about Yearnify Finance and its overall aspects. Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), and improve upon them, yearnify aims to bring the true value of yield farming finance accessible to all users, yearnify offers the most secure and....
This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth.” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more than double the aggregated total of Bitcoin’s network fees. Coin Metrics researchers and Nate Maddrey published a new report that discusses Ethereum’s defi evolution and the growth the blockchain has seen this year. However, with the new demand Coin Metrics highlights that ETH fees have....
Bitcoin will be getting a shot in arms in Ireland as the country will hold its first ever Bitcoin conference this July. According to the organizers of the event, it will allow promoters to encourage the use of digital currencies as it will show how it will impact the world. To be held at RDS Dublin on July 3-4, 2014, it is going to be a morale boosting event. In its official website, announcing the event, the organizers say that Bitcoin Finance brings together the brightest minds in payments, finance, business, banking and Bitcoin. Thus, according to them over two days in Dublin, they will....