The lottery provides a fun and interactive event for all CAKE users to participate in. Those who don’t find appeal in participating in a lottery are still winning as the deflationary mechanic drives value to their CAKE tokens. Introduction Pancakeswap is a DEX AMM exchange on the smart chain network launched by anonymous developers[Read more…]
Category Archives: BSC Learn
This tutorial is a great way to begin yield farming on the Binance Smart Chain in a very effective way. There are numerous liquidity pairs which users can choose from offering high yields. Introduction Bakeryswap is a DeFi protocol built on the BSC network. It’s a decentralized exchange which leverages Automated Marker Making (AMM) models.[Read more…]
Join CryptoRich in his weekly series, where he dives into data, graphs, and the latest BSC projects — “If you didn’t notice, I am incredibly bullish on almost every project here on the BSC, pick a couple of good projects, make an investment and let the bulls do their job.” Introduction The Binance Smart[Read more…]
Blockchain explorers are a handy tool that shows the blockchain system’s transparent and fair nature to the public. Explorers serve the role of public ledgers, allowing users to tap into the database of all transactions. What is a Blockchain? Blockchain is a type of data structure that holds records or transactions while ensuring security, decentralization,[Read more…]
This article outlines the ease of providing liquidity to PancakeSwap using the TrustWallet wallet app from your smartphone. What is Liquidity? Liquidity is a measure of ease in which an asset can be converted to other assets without affecting the price. This determines how quickly and easily assets can be sold. Adequate liquidity indicates that[Read more…]
Join CryptoRich in his weekly series, “BSC Recap: Analytics and Analysis,” where he dives into data, graphs, and the latest projects, providing insight on the state of the BSC. Join me for this week’s review on the Binance Smart Chain (BSC) where I will be looking at prevalent BSC data, such as growth, traffic, and[Read more…]
Metamask wallet has shown to be quite effective for decentralized finance (De-Fi) applications, especially for use on the Binance Smart Chain. This article will guide you by setting up a MetaMask wallet on the Binance Smart Chain (BSC). Crypto Wallet A cryptocurrency wallet is used as a storage method for your crypto tokens or coins.[Read more…]
Join CryptoRich in his weekly series, “BSC Recap: Analytics and Analysis,” where he dives into data, graphs, and the latest projects, providing insight on the state of the BSC. Binance Smart Chain Recap Analytics and Analysis Join me for this week’s review on the Binance Smart Chain (BSC) where I will be looking at prevalent[Read more…]
Join CryptoRich in his weekly series, “BSC Recap: Analytics and Analysis,” where he dives into data, graphs, and the latest projects, providing insight on the state of the BSC. Binance Smart Chain Recap Analytics and Analysis Welcome back to my weekly review on the Binance Smart Chain (BSC) where I will be looking at prevalent[Read more…]
Impermanent loss (IL) is a loss of funds that a user will incur when they provide liquidity on Automated Market Making (AMM) exchanges. AMM’s utilize an algorithm and game theory to generate liquidity, in turn, creating IL through the arbitrage opportunities presented. AMMs, DEXS and Impermanent Loss As Decentralized Finance (De-Fi) has experienced a continued[Read more…]