How Instrumental Finance Looks to Solve Yield Farming Problems Faced by LPs
In the Decentralized Finance (DeFi) world, different protocols have been developed to provide users with the ability to generate returns (yield) while maintaining, increasing, or shifting their exposure to certain digital assets. The problem is that these protocols are all built on different blockchains or across different layers of the same network to leverage the […]
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Today, we will talk about one of the most important things you should be thinking about and researching right now: crypto and the blockchain – and specifically, yield farming. Now, why do you think that this is so important? Cryptocurrency is going to forever change the way that we interact with the world and the Internet. Plus, what blockchain is really introducing is a revolution of sovereignty (Source: IN Groupe). It is certainly going to put the power back in your own hands. Many feel that this may be the single greatest moment of wealth transfer that any of us are going to live....
As a result of DeFi protocols, access to finance has been democratized, allowing anyone with an Internet connection to gain access to opportunities and services. However, they only gained popularity after the ‘DeFi summer of 2020’ and the yield farming craze that followed.
The concept of yield farming has changed the way people view savings by becoming the standard means of generating passive income in the cryptosphere. Consequently, numerous DeFi protocols have developed their architecture and functionalities around yield farming. However, yield farming has....
Yield farming is one of crypto’s 2020 buzzwords, but what does it mean? Here’s a beginner’s guide explaining the basics — and the complex. What are the key challenges and opportunities for yield farming?Most DeFi applications are currently based on the Ethereum blockchain, creating some critical challenges for yield farmers. Ahead of the Ethereum 2.0 upgrade, the network is struggling with a lack of scalability. As yield farming becomes more popular, more transactions clog up the Ethereum network, leading to slow confirmation times and spiraling transaction fees. This situation has led to....
In its continuous bid to further drive innovation in the DeFi ecosystem, Composable is thrilled to announce and support the launch of Instrumental Finance’s Liquidity Bootstrapping Pool (LBP). An LBP is a token distribution method that allows for fair and equal participation opportunities. Instrumental with the support of Composable is launching an LBP on November 29th, 2021 to introduce their native token to the DeFi world. The LBP will take place on Copperlaunch and allows Instrumental to create a meaningful liquidity and distribution launch of their native STRM token in a....
While cryptocurrency has attracted a significant following in the subsequent years, it continues to grow after hitting a record-breaking all-time high. Bitcoin, the most popular cryptocurrency, is valued at nearly $67,000. (Source: Forbes) Thus, more and more people are drawn towards investing in cryptocurrency. And, what better way to do that than yield farming? Yield farming is an investment strategy to lend crypto to generate returns in the form of additional crypto. You lock your funds in a smart contract on a Blockchain app. It is a core activity of the decentralized finance (DeFi)....