Shield Protocol: Tokenomics for a Trustless and Long-Term Value Decentralized...
Like Bitcoin, DeFi’s ambition to build a fully decentralized global network is the fundamental source of its revolutionary characteristics – that of being trustless and enabling disintermediation. It is these two characteristics that build the core value of DeFi and determine its long-term market growth. It’s easy to see why this is so: On the one hand, the core model of any DeFi project must be zero-centric in order to carry unlimited trust, exhibiting the value of a decentralized network beyond the market value of one single product or a brand. On the other hand, a....
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Users lock up their tokens and turn them into veTokens, which control the protocol's governance, according to the veTokenomics model. All facets of a token's production and management, including its allocation to various stakeholders, supply, token burn schedules and distribution, are managed through tokenomics analysis. Tokenomics help to determine the potential value of decentralized finance (DeFi) projects. Since the law of supply and demand cannot be changed, tokenomics dramatically impacts the worth of each nonfungible token (NFT) or cryptocurrency.Related: What is Tokenomics? A....
The decentralized finance industry needs to keep evolving and growing. Shield Finance aims to provide a DeFi insurance aggregator service across multiple blockchains. Following a successful funding round and ahead of the upcoming IDO, there is a lot to look forward to. The Purpose Of Shield Finance The future of decentralized finance will heavily rely […]
The race to the moon just got a little more interesting. NXT has announced a decentralized exchange that accepts BTC and LTC and works completely trustless. NXT's decentralized exchange, dubbed Multigateway, has been running for a week now, long enough that the developers feel comfortable inviting the general public in. It allows users to trade BTC, LTC and NXT coins easily and in a trustless, decentralized system, meaning that getting “Goxxed” should be a thing of the past. Working decentralized exchanges have been a bit of a holy grail for crypto developers since the Mt. Gox meltdown.....
The next generation of decentralized finance protocols and services will need to offer better security and protection to users. Insurance packages are currently a novelty in the industry, but that may not be the case for much longer. Shield Finance has a bold vision to combine the best of DeFi and insurance into an accessible […]
Last week, the Omni Foundation announced the release of the OmniDex 1.0, a trustless cryptocurrency exchange. The Omni Foundation claims that their exchange is the first of its kind, bringing truly-decentralized trading through a platform that “has no human component.” The purpose of this exchange is secure and trustless trading; OmniDex wants people to be able to buy and sell without getting “Goxxed.” OmniDex users will be able to buy and sell six of the top 36 tokens built on the Omni protocol: