CeDeFi Vs DeFi – Key Differences
The shifting dynamics of the financial ecosystem are the most serious challenge for most people worldwide. At its launch, DeFi (Decentralized Finance) seemed to offer a lot of promise for better openness in the global financial landscape. On the other side, the deployment of centralized-DeFi could lead to new financial benchmarks. As a result, the…
Stargate Finance generates $1.9B TVL in 6 days
Thriving as a reliable cross-chain protocol facilitating the movement of assets across multiple blockchain ecosystems, Stargate Finance has startled the industry with its latest victory. In a week’s span post its launch, the platform has managed to pool a whopping amount of $1.9 billion in Total Value Locked or TVL charts. With this, Stargate Finance…
Know Everything About DeFi Wallets
Investors have the opportunity to participate in novel and diverse markets like Non-Fungible Tokens (NFT) art and exotic derivatives with decentralized finance (DeFi). A DeFi wallet, however, is required to play the game. By replacing the login screens for Web 2 platforms that let you sign in to new sites with your Facebook or…
DeFi Flash Loans: What Are They and How Can You Prevent Them?
Traditional banking requires a range of documentation, including a formal ID, proof of income, and reserves, in order to obtain a loan. In the event of a fast loan, none of this is important. As the name implies, such loans can be provided instantly, providing consumers quick access to money. Flash loans are unquestionably unique…
Proposal for cross-chain governance gets approved on Aave
Serving as a top-tier Decentralized Finance portal facilitating easy lending and borrowing of crypto, Aave has successfully passed the first cross-chain governance proposal in its ecosystem. The developers of the project revealed that a proposal executed on Aave, designed on the Ethereum channel, was wired to the Polygon (MATIC) FxPortal. The Ethereum data was interpreted…
Woo Network secures $12 million in a round led by Binance Labs
Taking pride in being a globally-acclaimed liquidity provider for DeFi space, Woo Network has announced to pool an additional capital of $12M in a Series A+ funding round organized by the entity. The funding round was led by Binance’s investment venture Binance Labs that aims to incubate high-potential projects looking for financial assistance in the…
Know Everything about Crypto Liquidity Pools
Crypto Liquidity Pools are an essential part of the DeFi ecosystem. These pools are a collection of tokens or digital assets stored in a smart contract. These pools, among other things, help to facilitate decentralized trading and reduce the danger of washout. The core technology behind the current DeFi ecosystem is liquidity pools. They…
Staking vs Yield Farming vs Liquidity Mining- What’s The Difference?
Summary Staking involves holding a cryptocurrency asset in a designated wallet for a specified period to earn rewards in the form of more of the
What Is Aave? How To Buy Aave (AAVE)?
Want to know how to buy Aave? Don’t worry; we’ve got you. In this article, we will explore everything. Keep reading. Aave is now
Interlay supports $6.5M to aid Bitcoin DeFi interoperability
Interlay, the globally-acclaimed platform in the field of blockchain interoperability has achieved a milestone by pooling $6.5M in funding led by DFG Capital. The
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