Yield Farming has burst onto the DeFi scene and is quickly becoming the hottest term around. We take an in-depth look at the sources of these yields. Introduction Decentralized Finance (DeFi) offers many opportunities for investors to make extra value on top of their assets. The crypto market is very developed and has several avenues of passive income,[Read more…]
Category Archives: Cryptonomics
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May
May
An understanding of short squeezes can help avoid their implications in the market. The phenomenon is accompanied by a sharp increase in price due to short selling. Introduction The concept of “short selling” is a very profitable scheme for traders. It allows traders to make a profit from the price decline of a particular asset.[Read more…]
The flash loan concept is relatively new and is already generating good interest from users worldwide. Despite its apparent positive impact on DeFi, it can also be hijacked for malicious intentions. Introduction Many people have a time when they have to make some expenditure, and they don’t have sufficient funds of their own to[Read more…]
The most significant adoption will be mainstream businesses using smart contracts for daily use. Imagine going to the grocery store with no wallet, no paper bills, and only your mobile device to sign agreements using smart contracts. Abstract Following closely in the success and widespread adoption of blockchain technology and cryptocurrency are Smart Contracts’.[Read more…]
As the world moves away from cash to a digital money market, it is to be expected that more and more governments will adopt Central Bank Digital Currencies. Introduction When the blockchain financial revolution began in 2009 with the creation of Bitcoin as a digital currency, very few people could imagine how massively it would[Read more…]
NFTs are witnessing growing speculation among NFT fans, leaving NFTS on track to be a massive industry in the future; collectible assets like CryptoKitties and CryptoPunks have proven the potential in the past. NFTs Explained Since the beginning of the blockchain digital economy, there have been many shifts, trends, and use cases that have[Read more…]
BNB went from being just a utility token for use on the Binance exchange to fueling the whole Binance ecosystem. Introduction Curious about the recent surge in price and interest in Binance coin (BNB), reaching the high of $75 in the current market rally? Reduced costs per transaction! Okay maybe that’s not all, but low transaction[Read more…]
As blockchain technology and adoption advances, the need for cooperation and interoperation between different platforms is ever more necessary. Token bridges will be an essential way of networking the different blockchains. Introduction Blockchain technology has forever transformed virtually every sphere of human activity, whether realized or not, but, there remains a major drawback: the lack[Read more…]
Decentralized Autonomous Organizations (DAO) describe a set of rules that govern a network in a decentralized fashion while providing incentives for participants in the consensus. DAO Explained Decentralized Finances’ significant strength is its permissionless and decentralized nature, meaning no centralized structure controls any part of the blockchain’s operation. These features don’t only benefit finance-related matters;[Read more…]
If you own crypto assets, then perhaps the safest bet is safekeeping them in cold storage or hardware wallets Introduction Almost everyone is familiar with the traditional meaning of a wallet. In the world of fiat, it is an indispensable accessory in which the carrier puts physical money for safekeeping and easy retrieval. Cryptocurrencies, like[Read more…]
