Tag: defi

DeFi Sunday: THORChain as a next DeFi promise

THORChain is a new blockchain project that is build on Cosmos SDK, which should serve as a newly built decentralised exchange (DEX). However, this project combines several different technologies together, which brings a nice blend of features and options that help to differentiate it from others.

DeFi Sunday: The Equilibrium project receives new funding on the Polkadot network

Equilibrium receives a $ 2.5 million financial injection on the Polkadot network. This means significant support and acceleration of the whole project. It is an ideal opportunity for Equilibrium to become one of the 100 parachains on Polkadot.

DeFi Sunday: KickPad launches its first IDO

KickPad, one of DeFi's most anticipated platforms, announces its first initial DEX (Decentralized Exchange) offering with the Orakuru project, running on the Binance Smart Chain. Once it starts, it will have the highest number of resources on the BSC.

DeFi Sunday: PancakeSwap (CAKE) cuts part of Uniswap’s dominance in DeFi

Thanks to its integration into the Binance Smart Chain, PancakeSwap has become a magnet of liquidity compared to competitors such as Uniswap and SushiSwap.

DeFi Sunday: Uniswap launches new version of V3

Starting May 5, 2021, the Uniswap V3 modification is to come to the Ethereum main network. Its main intent is to help with the problem of "liquidity concentration" in the future. The overall improvement brings up to 4,000 times better capital efficiency.

DeFi Sunday: Alchemix protocol

In this article, we will introduce a project that has great potential in the DeFi sector. It is called Alchemix. This protocol allows the creation of synthetic tokens that represent the future yield of the deposit. It allows users to get an almost instantaneous tokenized value compared to temporary stablecoin deposits. It introduces a new, powerful, and simple DeFi protocol that offers an unlimited number of applications to users and new tools for developers.

DeFi Sunday: Reef Finance and 20-million-dollar investment

Reef Finance is yet another DeFi project that you might want to add to your watchlist. Even though the whole DeFi sector might be in a bit of a mania or a bubble now, the future of decentralised finance is definitely bright. Reef Finance (REEF) is one of the more important projects that even got a huge recognition in form of a significant investment.
DeFi Sunday: xDai – A functional scaling solution for Ethereum

DeFi Sunday: xDai – A functional scaling solution for Ethereum

One of the key issues in the crypto space is called the blockchain trilemma. It is a problem where it is not possible to create a blockchain that has three key properties. Speed, security, and decentralization. This affects virtually all blockchains. Bitcoin and Ethereum are decentralized, secure networks, but they are painfully slow. And that is what scaling channels aspire to solve. One of them being the xDai network, which aims to create essentially a second layer for Ethereum. Today we will look at how xDai works, why it looks promising, and what must happen for the xDai network to be one of the successful projects.
What is Polkadot?

What is Polkadot?

Polkadot is one of the miracles of the cryptocurrency world and its latest DeFi trend. Despite being on the scene since 2016, this DeFi (decentralized finance) project managed to gain significant attention from the crypto community only in 2020. Even though the investors have been looking at this project for long time, due to its exciting technologies and innovation, a major boom only occurred in the year 2020, when Pokladot finally showed its potential.