Tag: defi

spot_img

New Blockchain-Powered Tokenization Service from Citigroup for Institutional Clients. A Step Forward for Crypto Adoption?

With the introduction of a new token service, the largest US investment banking behemoth Citigroup has made its first significant step into the world...

Base network has officially launched: Here’s how it can be used

Coinbase's Base network, a revolutionary platform for Web3 development, has taken a significant step forward with its official launch on August 9th. After undergoing...

The Growing Popularity of DeFi and Its Potential to Upend Traditional Finance

The groundbreaking concept of decentralized finance, or DeFi, has gained enormous popularity in recent years. DeFi provides a decentralized financial environment founded on blockchain...

Decentralized Finance’s (DeFi) Benefits Over Traditional Finance

With the booming bitcoin industry, the Web3 sector has experienced several advances, becoming a nascent. People's attitudes toward owning cryptocurrency assets have shifted from...

What is liquidity pool?

Users can buy and sell cryptocurrency on decentralized exchanges and other DeFi platforms using liquidity pools instead of centralized market makers. Crypto Liquidity Pools' Function...

What role do NFTs play in DeFi?

If you're not aware with DeFi, it's a network of applications on the blockchain that provides users with access to financial services. For instance,...

Beginner’s Guide: Importing a Crypto.com DeFi Wallet into MetaMask

On BNB Chain, MetaMask is one of the most widely used wallets, however on Cronos, users frequently utilize the Crypto.com DeFi Wallet. It might...

What Does PancakeSwap Entail and How Does it Work?

A rapid and inexpensive decentralized exchange is PancakeSwap. Decentralized finance (DeFi) is on the rise, and with it, new financial versions that center around autonomy,...

What is the Polkadot (DOT) and how does it work?

Delivering a decentralized web3 blockchain and placing its native DOT token among the top five digital assets by market capitalization, Polkadot has completely taken...

Simplifying Defi for Beginners

The promise of cryptocurrencies is that they would provide global access to money and payments for everyone, wherever they may be. The Decentralized Finance (DeFi)...