If you’re looking up what a DeFi liquidity pool is, chances are you’re deep in a decentralized finance rabbit hole. Maybe you’ve played with DeFi products like Uniswap and Aave, and perhaps even yield farming. Or, maybe, you’re just getting started and have no idea what that last sentence means. Wherever you are on the DeFi knowledge...
Want to borrow a few Bitcoins, or have some spare cryptocurrency? In both cases, you might be interested in finding a reliable crypto lending platform. They provide the opportunity to get a loan with Bitcoin without visiting banks or meeting with other BTC holders. However, when it comes to the financial sphere and cryptocurrency, cybercriminals don’t miss the opportunity to make their money,...
Changelly team introduces a new token, available for exchange on the platform — COMP. Therefore, the family of over 200 cryptocurrencies available for exchange on the platform has been extended. Users can exchange COMP to other digital assets at floating rates on Changelly. Compound (COMP) is an Ethereum token that enables community governance of the Compound protocol. The protocol is a series of...
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Aave and Compound are two of the most popular cryptocurrency lending protocols with competitive rates. As such, Aave and Compound are frequently compared. Aave’s rise from its early days as ETHlend and its growing influence in the DeFi (Decentralized Finance) space makes for an impressive narrative. The...
In another intriguing development for Fuse Network, the blockchain has disclosed plans to launch the first-ever lending protocol on its platform. Announcing the new decentralized finance (DeFi) protocol via an official blog post, Fuse Network said the new lending protocol would differ from existing lending services. Adding that, the protocol...
Amid the ongoing dip in the broader cryptocurrency market, the decentralized finance (DeFi) ecosystem is wielding a major resilience as the combined Total Value Locked (TVL) on major smart contracts stays above the...
This article is a complete guide on Compound cryptocurrency. Decentralized Finance (DeFi) is growing beyond the unsafe use cases and simple money legos. Compound cryptocurrency seems to be the next sound development in a long roll of money protocols. The question is that is Compound crypto a good investment?. Let’s take a look at it in more detail....
Aave and Compound are two of the most popular cryptocurrency lending protocols with competitive rates. As such, Aave and Compound are frequently compared. Aave’s rise from its early days as ETHlend and its growing influence in the DeFi (Decentralized Finance) space makes for an impressive narrative. The upstart platform often battles and sometimes even bests the upper echelon of...
The decentralized finance lending and borrowing ecosystem continues to expand with new milestones being made in terms of collateral volumes. Industry analytics provider Messari has been delving into the top DeFi protocols, revealing that the cumulative daily borrowing volume is currently $7.6 billion. This is all of the previous volumes together, not the amount of crypto collateral borrowed every day....
Compound (COMP) price has entered price discovery mode following Bitcoin and LINK. Key takeaways from today's Daily COMP price analysis. Local S/R and Bullish Volatility Expansions Structural S/R Breached with Fibonacci...
Money markets have been around for ages in the traditional finance world – now the crypto world has one of it's own called Compound Finance. Compound is an Ethereum-powered decentralized money market network that allows users to earn interest on deposits and borrow against collateral for interest rates that are based on supply and demand. [...] The post Compound Finance Guide: Earn &...
"TVL isn't the best indicator when ETH and all other crypto is green for weeks," one observer said of DeFi's recent growth.
Decentralised finance or DeFi was already present in 2015 when Maker Foundation launched a decentralised lending platform under the name Maker DAO. But DeFi did not shape up until 2018. In early 2018, Uniswap was already a functioning service, and Compound was launched in 2018. But even then DeFi was not nearly as popular as it became in 2020.
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