DeFi
In 2020, the " DeFi Summer" left people fascinated by the charm of Decentralized Finance, and also brought the Ethereum ecosystem to the forefront of crypto space. Let us show you here how to play with the DeFi "Money Legos".
Yield Aggregators are protocols that automate the process of yield farming which allows crypto investors to earn passive income via smart contracts.
Synthetic assets are an asset group that provides exposure to the value of underlying assets, similar to traditional finance derivatives.
dYdX is a well-structured Decentralised Exchange (DEX) that allows users to trade around 35 different cryptocurrencies, including BTC and ETH.
Secret Network is an independent blockchain network built using the Cosmos SDK that improves upon traditional smart contracts while maintaining users' privacy.
Flow Blockchain is a Web3 platform that is powering the development of popular Dapps, and blockchain games and hosts digital assets.
Cronos Chain is an Ethereum-Virtual Machine compatible blockchain built on Cosmos that allows interaction between different blockchains.
THORChain (RUNE) is a blockchain with the ambitious goal of providing the swap of native cryptocurrencies between different chains.
MakerDAO is a decentralized autonomous organization with a collateralized stablecoin DAI that makes DeFi lending and borrowing possible.
Rocket Pool is a decentralized application (dApp) in the Decentralized Finance (DeFi) space that increases access to staking opportunities on the beacon chain.
Fractional NFTs are based on the premise of making fungible something non fungible. By fractionating an NFT, it is possible to create a shared ownership.
Social Tokens are meant to be the next big innovation in cryptocurrencies and in the field of decentralized finance.
Fantom is a secure and highly scalable Smart Contract Platform that aims to solve the speed and cost problems that are slowing down the growth of the crypto and DeFi sector
Flash loans are a form of unsecured loans available to cryptocurrency traders on some DeFi protocols that require no collateral or intermediaries.
Yield Farming is an earning strategy in DeFi that allows crypto owners to receive rewards or other interest in exchange for lending or staking their funds.
APR and APY both measure interest. But APR measures the interest charged, and APY measures the interest earned.