Tag: liquidity pool

DeFi keeps gaining popularity. It is opening doors on many levels. For example, institutions and traditional finances (TradFi) are also starting to invest in DeFi. As a result, DEXs see more money entering their platforms. Many DEXs use an AAM, with liquidity pools made up of two tokens. This is where Balancer is different. The Balancer Protocol offers liquidity pools with up to...

THORChain is an altcoin gem that promotes interoperability. Currently, they are the only blockchain that can swap tokens without the need to wrap them. But there is more, you can earn yield with native assets, by depositing them. The current average liquidity APY is 27.37%. However, be aware that this rate fluctuates. THORChain also just added LUNA. This adds a wide array of...

Categorically speaking, when someone says that beware of slippage while using DeFi, the intent is to caution about a sudden change in prices due to a change in liquidity. For a new user, it might be offsetting since imagine, if you have bid for 100 USDT at 100 USD. But less liquidity during trade meant you got...

PancakeSwap is the largest AMM on the Binance Smart Chain. They have 3x more TVL (total value locked) at $6.5 billion than the next largest DeFi protocol on BSC. We are going to look at one specific investment option there today. If you look at this AMM, there are some great deals and...

Decentralized finance protocol Unbound has taken another vital step towards its mainnet launch with the release of its final testing phase. In an April 14 announcement, Unbound stated that it has launched its final Zeta testnet following successful testing since the first one was deployed in December 2020. The announcement stated that there have been a vast number of...

Bluzelle recently announced details of its incentivized liquidity pool currently running on Uniswap. Uniswap stands out from other protocols as it enables sellers and buyers to swap ERC-20 tokens without relying on an order book or exchange. Movement of Bluzelle Into DeFi For its oracle services,...