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".
This article explores the origins of finance, the limitations of traditional financial systems, and the revolutionary potential of decentralized finance (DeFi). It explains the evolution of money and the origins of modern banking, highlighting the adverse effects of credit scoring systems on new participants. DeFi, with its transparent and fair rules and open access for everyone, offers a new way to participate in finance, free from geographical or social constraints.
The Tanssi Foundation has announced the expansion of its blockchain infrastructure protocol to Ethereum, enabling the rapid launch of Active Verification Services (AVS), a decentralized network service. By partnering with Symbiotic's re-staking protocol, Tanssi provides developers with an efficient way to leverage Ethereum's security. This article details how AVS addresses the decentralization, customization, and interoperability shortcomings of Rollup technology, and how Tanssi simplifies the development process, reducing project launch times.
Usual is an innovative decentralized stablecoin project that uses U.S. Treasury bills as collateral and incorporates Ethereum smart contracts to provide transparency and security. It mints USD0 stablecoins through two methods: direct deposit of RWA (Real World Assets) or indirect deposit of USDC/USDT. Users can earn USUAL tokens or base interest yields by staking USD0. Usual has also launched a Pills activity where users can earn Pills by minting and holding USD0++ as well as providing liquidity, giving them an opportunity to receive USUAL airdrops. The project aims to combine the advantages of centralized stablecoins with the transparency of blockchain, offering users a safe and reliable stablecoin option.
Orderly Network is a Layer 2 decentralized trading protocol built on NEAR, designed to combine the liquidity and trading speed of centralized exchanges (CEXs) with the transparency and decentralization of decentralized exchanges (DEXs). It offers a wide range of asset pools and tight spreads through an on-chain liquidity aggregation mechanism and utilizes a unified order book system to support cross-chain trading, enhancing market depth and trading efficiency.
This article analyzes PancakeSwap and its evolution from version 1 to version 4, exploring its significant role and innovative features within the DeFi space. It offers a detailed explanation of PancakeSwap's operational model, including the customizable liquidity and fee tiers introduced in version 3, as well as the modular architecture and enhanced trading experience of version 4. The article also covers the veCAKE governance mechanism, the multifaceted roles of the CAKE token, and PancakeSwap's unique IFO feature, giving readers a comprehensive overview of PancakeSwap and its applications on the Binance Smart Chain.
The sole fundamental advantage of eOracle lies in its OVS (Oracle Validated Service). eOracle allows developers to create customized oracles and sell them in eOracle's marketplace, essentially operating as a decentralized software marketplace with eOracle playing the role of the platform.
The philosophy behind prediction markets is intriguing. Participants, aiming for profit, view free markets as the most effective information aggregation system, thus making predictions about real-world events. Cryptocurrencies have significantly reduced transaction friction in prediction markets, providing a better and more efficient market mechanism. Moreover, the concepts of smart contracts and AMMs have introduced enhanced market mechanisms to prediction markets.
The article analyzes the trend of dApps shifting towards AppChains and the economic and strategic considerations behind this move. It explores the business model challenges faced by dApps, the limitations of their revenue sources, and their role in value creation and distribution within the broader transaction supply chain. The article presents three solutions: becoming an AppChain, selecting an L1/L2 to return value, and implementing application-specific ordering mechanisms. It discusses the cost-effectiveness and potential value of each solution and delves into the concepts of chain abstraction and application-specific ordering, highlighting how these ideas can offer new value capture opportunities for dApps.
Veteran blockchain network Fantom has recently rebranded to Sonic Labs, introducing the "Sonic Upgrade Plan" aimed at bringing technological innovation to enhance its network's performance and scalability.
This article introduces the functions and classifications of Dex Trading Bots, their applications in the cryptocurrency market, and discusses in detail their advantages and future development potential in Meme coin trading and high-frequency trading.
Morpho started as an optimization layer on top of Aave and Compound, enhancing lending rates with its peer-to-peer matching algorithm. It has since evolved into a standalone financial infrastructure. The lending layer, Morpho Blue, facilitates the creation of efficient lending markets without requiring permission and enables the addition of modular layers on top, offering various risk profiles and specialized lending services. With its permissionless framework, adaptable incentive structures, and precise asset tracking, Morpho introduces new innovations to the DeFi lending landscape.
Pendle is the DeFi protocol that enables users to trade the future yields of tokenized assets. By splitting yield-bearing tokens into their principal and yield components, Pendle allows for separate trading of these elements. Let’s explore the top DeFi projects leveraging Pendle pools.
To support the mass adoption of Web3 and strengthen connections with real-world social interactions, UXLink has proposed a method that combines real-world social networks with blockchain technology, offering open social relationship computation and recommendation services.
Discover everything about Forta Network, the Web3 security watchtower. Learn about $FORT tokenomics, subscription plans, developer earnings, and investment potential.
Brett is a meme coin on the Base Chain, inspired by the character of the same name from the Matt Furie “Boys Club” comic series. This cryptocurrency is driving excitement with strategic partnerships and social impact.