Orbs Introduces Single-Sided Liquidity Farming to Optimize Defi Returns
Public blockchain infrastructure provider Orbs is delivering a next-generation liquidity solution designed to encourage greater defi participation by separating stablecoin pooling from cryptocurrency pooling. Liquidity Nexus Protocol Aims to Forge Better Connections Between Defi and Cefi As decentralized finance (defi) aggressively expands its footprint in the cryptocurrency arena, one of the most significant pain points that have arisen involves liquidity pooling. Liquidity pools, which effectively lock coins and tokens in smart contracts, provide the basis for dex (decentralized....
Related News
Israeli blockchain company, Orbs today said its ORBS token is available to trade on Binance Smart Chain (BSC). The move is yet another milestone in Orbs’ efforts to build bridges between complementary blockchains that will eventually bridge ORBS to multiple ecosystems. With the release of this feature, ORBS holders will be able to leverage their […]
DeFi brings an opportunity to access the yields unseen in traditional finance, now with the competitive risk levels. The DeFi industry has been gaining momentum since 2020, offering a new perspective on the world of finance and a new way for investors to make money. In its essence, DeFi, also known as Decentralized Finance, is an ecosystem of applications and services built on public blockchains.Yield farming and staking are gaining momentum on the DeFi market right now.Farming, but with yieldsYield farming, often referred to as “liquidity mining,” is a lucrative way to make money using....
With yield farming becoming one of the most popular ways to earn sometimes frankly staggering returns on investment, 2020 saw platforms such as Compound take the spotlight as leaders of the DeFi farming movement. The TVL (total value locked) in DeFi currently sits at over $26 billion, and with innovative new platforms making strides into […]
More options for single-sided Bitcoin staking could lead to a consolidation of decentralized exchange aggregators — meaning improved liquidity for users. For many years, Ethereum reigned supreme over the decentralized finance (DeFi) landscape, with the blockchain serving as the destination of choice for many of the most innovative projects serving up their take on decentralized finance. More recently, however, DeFi projects have started to crop up across multiple ecosystems, challenging Ethereum’s hegemony. And, as we look to a future in which the technical problem of interoperability is....
The automated market maker is currently in beta development and set to launch in Q3 2021. Automated market maker MonoX has today announced a debut capital raise of $5 million from venture firms including the likes of Axia8 Ventures, Animoca Brands, Divergence Ventures, among others.MonoX will use the funds to support its ambitions in reducing the capital and liquidity prerequisites for decentralized finance (DeFi) projects offering swap, lending, borrowing and derivative capabilities on decentralized exchanges (DEXes).The protocol will achieve this through the introduction of a....