Cryptocurrencies are notorious for their tremendous volatility, with price swings in the tens of thousands of dollars. Stablecoins, on the other hand, are a sort of cryptocurrency that promises to be a secure haven for those seeking to avoid incessant volatility. In the previous year, however, algorithmic stablecoins such as terraUSD (UST), Multi-Collateral Dai...
Tascha Che, founder of Tascha Labs, unpacks the Terra/Luna debacle and reveals what she believes are the five main takeaways from its collapse. Here are some highlights from the show: how stablecoin issuers make money what caused Terra’s...
The UST Depegging. It is by far, the biggest story in crypto right now. As we are preparing this for you it says 20 cents. And it’s supposed to say $1. UST broke its peg and we will have more details about that in the coming days....
Beefy Finance is among the group of yield optimizers in DeFi. Beefy Finance is on the Fantom chain. They find ways to pump up the returns with no or only small increases in risk. And today they have a spotlight on an amazing opportunity. You can earn 26% with virtually no risk of impermanent loss. How? Let's take a look. What is Impermanent...
Stablecoins are essential in the digital asset industry. Today, most of them are pegged to tangible assets or currencies, assuring their stability. Unlike other cryptocurrencies, they don't record significant falls or gains within a short period. This makes them an excellent way to save money from unpredictable falls....
QiDao Protocol collaborates with Frax in order to add FXS as collateral for MAI, launch a FRAX-MAI stable LP on Polygon, and add MAI as collateral for FRAX. With this partnership, FXS holders will be able to utilize their funds without having to spend them. When you mint MAI against collateral, you don't have to pay any interest....
Cryption Network, a decentralized platform focused on solving issues hindering cryptocurrency adoption, has announced the commencement of cross-chain staking on the network. According to reports, this initiative makes it possible for users on Cryption network to stake their $CNT from the Ethereum mainnet directly to Polygon using a click. The newly introduced automated staking...
Cryption Network, a decentralized platform that focuses on tackling the challenges hindering cryptocurrency adoption have announced the launch of staking and farming feature on its network. Announcing the launch via an official blog post, Cryption network noted that its native token holders can now earn rewards from staking CNT on its platform. Scheduled to start rewarding users from June 15, 2021 Cryption Network...
Cryption Network, a decentralized platform that focuses on tackling the challenges hindering cryptocurrency adoption has secured partnerships with DeFi platforms to achieve its vision. Cryption Network in a statement announced a new partnership with Knit Finance, a DeFi platform that strategizes and focuses on cross-chain, and multi-chain synthetic assets. To grow its decentralized finance (DeFi) ecosystem by utilizing Knit’s cross- chain...
The last quarter of 2020 was by far one of the best in the history of the cryptocurrency market. A lot of people got rich by the end of 2020 thanks to Bitcoin's rally, but also the massive DeFi explosion. With all the bullish momentum behind the cryptocurrency market, 2021 is the perfect year to invest in good upcoming crypto projects. Let's take...
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