Tag: decentralized finance

Dec 01 2020

[Updated] Everything You Need To Know About Wing Flash Pool – Part I

Wing Finance aims to revolutionize the way decentralized finance lending platforms are working. Users can supply tokens and earn WING tokens as incentives. They can also borrow assets by supplying collateral. Borrowers can also earn WING by locking the WING equivalent to 3% of their borrow. The platform’s Insurance Pool helps in minimizing the risk of liquidation. Supported tokens: ONTd, pWBTC, pETH, pUSDC,...

Nov 30 2020

Everything You Need To Know About Wing Flash Pool – Part II

In the previous part of our Wing Finance Flash Pool article series, we have explained the following things: how you can install and set up the MetaMask and Cyano wallets, get ONG (Ontology Gas token) from Binance, swap ERC-20 tokens into...

Everything You Need To Know About Wing Flash Pool – Part I

Wing Finance is a credit-based, cross-chain platform that aims to revolutionize the way decentralized finance lending platforms are working. It is based on the Ontology blockchain. The platform users can mine WING tokens in the Flash Pool through supplying, borrowing, or insuring assets. Users can supply tokens and earn WING tokens as incentives. They can also borrow...

Nov 25 2020

Money on Chain Releases a Decentralized Exchange Based on Bitcoin

Money On Chain has released a new decentralized exchange on top of the Bitcoin (BTC) network. The TEX decentralized exchange has been built on RSK, Bitcoin’s smart contract […]

Nov 16 2020

The Live Forum Blockchain Life 2020 Took Place on October 21-22 in Moscow

Forum Blockchain Life 2020, the main live event of the year in the industry, took place on October 21-22, 2020 in Russia, Moscow. Despite the difficult COVID-19 realities and closed borders, the Forum was attended by 3000+ participants. Global industry leaders, entrepreneurs, investors, and startups have come together to discuss current trends and determine the […] The post...

Nov 14 2020

Value DeFi Suffers $6M Flash Loan Attack

The latest flash loan attack in the decentralized finance world has caused a total loss of $6 million.

Oct 29 2020

Fixed Rate Lending Could Help DeFi Expand Among Traditional Investors

Decentralized Finance (DeFi) has been expanding throughout the year and it has helped a large number of individuals to get access to financial products such as lending or […]

Oct 22 2020

Risks and Challenges: Sudden Rise of DeFi in the Crypto Market

To this very day, cryptocurrencies have accomplished several major milestones in their ten-year transformation into a good asset class. Some of the achievements include token and coin offerings, development of crypto derivatives market, United States SEC regulatory body, tokenized bitcoin and state-issued digital currencies.

Oct 13 2020

$1.5 Billion BTC Moved to ETH Amidst Decentralized Finance Recovery

The decentralized finance (DeFi) ecosystem has garnered the attention of investors worldwide. According to reports, Ethereum currently houses the highest number of decentralized finance (DeFi) protocols available today. This includes the highly-successful Uniswap DeFi protocol. For users to gain access to these protocols, they need to first own ERC20 tokens. The total number of Bitcoin locked up in DeFi protocols recently reached an...

Oct 04 2020

DeFi Market Roundup: DeFi Suffers Major Losses

In the last week, the cryptocurrency market has experienced several major ups and downs, sending the volatility of many cryptocurrencies soaring. However, while most top-ten cryptocurrencies by market capitalization are either flat or trading in the green in the last week, most major DeFi coins are suffering from shattering losses over this timescale. As per data from CoinGecko, eight of the top ten...

Sep 29 2020

Total Value Locked in DeFi Surpasses $11 Billion

The Decentralized Finance (DeFI) market continues making new records. This time, the total value located in USD has surpassed $11 billion. This shows how the entire ecosystem continues […]

Sep 23 2020

Chiliz Brings Sports to DeFi With Sell-Out Fan Token Sale

Chiliz, a platform that enables sports clubs to launch and sell their own digital Fan Tokens, has just completed a sell-out token sale for Turkish Football Club Trabzonspor. The token sale, announced earlier in September, was met with immediate demand from the Trabzonspor community, and all 625,000 $TRA tokens made available for the initial wave of the sale were sold out in under...

Cameron Winklevoss: DeFi is not the Same as the 2017 ICO Craze

Cameron Winklevoss, one of the famous Winklevoss Twins believes that the Decentralized Finance (DeFI) market revolution is not the same as the 2017 Initial Coin Offering (ICO) craze. […]

Sep 16 2020

RSKSwap Empowers Developers, Liquidity Providers and Traders

Decentralized Finance (DeFi) has been a hot topic in recent months as new protocols and solutions are being launched to the market for users to get access to […]

Sep 08 2020

Ethereum: Only A Testnet For DeFi?

Most of the current developments in DeFi are happening on Ethereum. But recent days have shown us that the blockchain can quickly reach its limit! The gas has dropped a bit since reaching all time highs, but the danger of high network fees are looming over the platform like a...

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