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Tag: DeFi
Why DeFi, GameFi and SocialFi are horizontals in the Metaverse
The future of value creation and exchange will know no national boundaries and jurisdictions. They will all be ecosystem specific. Therefore, all use cases need to be ecosystem-specific. The future for DeFi, GameFi and SocialFi may be embedded. But, this embedding can only be implemented in a well-oiled ecosystem. The Metaverse that brings these user functions together will not only have experiential elements but also utilitarian and gamification elements. For instance, a metaverse in which DeFi can be applicable will need to have opportunities for microtransactions. A metaverse in which…
Diving Deep into DeFi to Navigate the New Wave of Finance
Exchanges is the largest industry group under DeFi, with 33 assets and $12.1 billion in market capitalization. Within Exchanges, UNI, RUNE, CRV, CAKE and 1INCH are ranked in the sector top 10 by market capitalization. DAO is the second-largest industry group under DeFi with 16 assets and with $3.3 billion in market capitalization. Three out of the sector’s top 10 assets belong to the DAO industry group, with MKR as the largest followed by CRV and LDO. Credit Platform has 17 assets totaling $3.2 billion in market capitalization, with AAVE…
If Ethereum Does *THIS* Altcoins Will EXPLODE! [Polkadot, Cardano, Uniswap] Bitcoin News
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 4 Altcoins Worth Paying Attention Too! Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:33 – Bitcoin balance on exchanges keeps dropping! 1:24 – Bitcoin tends to rally exponentially after the Halving 1:51 – Q4 Bottom is POSSIBLE! 2:53 – Ethereum & Altcoins looking BULLISH! 3:27 – ETH L2 Optimism BULLISH METRICS! 5:34 – “Big 4️” Ethereum L2 scaling solutions!…
US BANS ETHEREUM PRIVACY TOOL! [WEIRD] CHAINLINK HUGE UPDATE | Bitcoin News
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io US BANS ETHEREUM PRIVACY TOOL TORNADO CASH! Chainlink has a HUGE update coming up (staking)! Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:29 – US BANS ETHEREUM PRIVACY TOOL TORNADO CASH 3:43 – Crypto,com Expands Into South Korea 5:30 – The Number of Crypto ATMs Installed Worldwide Surpasses 39,000! 6:50 – Bitcoin and Ethereum Look Set to Break Out!…
The Merge May Negatively Impact DeFi Protocols, Stablecoins: Report
“If the Merge fails to successfully be launched, we will have delays on DeFi protocols that will affect stablecoins,” Herrera told CoinDesk. “But from the supply dynamics perspective, this can also take a toll on how stablecoins will be used for liquidity pools, in the DeFi space and beyond.” Source
Bitcoin (BTC) – Análise de fim de tarde, 19/08/2022! #BTC #bitcoin #XRP #ripple #ETH #Ethereum #BNB
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DeFi Platform Synthetix's Founder Proposes Capping Token Supply at 300M, Here’s Why
The inflationary model helped bootstrap the Syntethix ecosystem and was no longer needed, founder Kain Warwick explained. Source
Indian Exchange CoinDCX Launches DeFi Mobile App, Signaling Shift Towards Web3
Indian crypto exchange CoinDCX has launched Okto, a Decentralised Finance (DeFi) mobile app, Friday, aimed at easing the transition of crypto consumers to DeFi, co-founder Neeraj Khandelwal told CoinDesk. Source AppBitcoinCoinDCXcryptoexchangeDeFiExchangeExchangesIndianLaunchesMobileShiftSignalingWeb3 CryptoX Portal
Compound’s Upgraded DeFi Lending Platform Targets Security, Scalability
Compound’s previous iterations employed a pooled-risk model, which supported nine cryptocurrencies, including ether (ETH), dai (DAI) and tether (USDT). Under the old model, users would deposit assets into lending pools, where their assets would earn interest. In exchange for their deposits, lenders received cTokens, which represented the value of their deposits. Using those cTokens, the lender could then borrow up to a certain percentage of the value of their collateralized assets in a different cryptocurrency. Source