DeFi

A stablecoin is a cryptocurrency with a stable price, which is often pegged to a legal tender in the real world. Take USDT, currently the most commonly used stablecoin, for example, USDT is pegged to the US dollar, with 1 USDT = 1 USD.

Uniswap is a decentralized crypto trading protocol built on the Ethereum blockchain that allows anyone to swap ERC-20 tokens directly from their wallet or to create liquidity pools of the tokens.

Yield Farming is an earning strategy in DeFi that allows crypto owners to receive rewards or other interest in exchange for lending or staking their funds.

Connection and asset transfer between blockchains

Blockchain bridges are specific protocols whose function is to connect two blockchains creating the possibility of transferring assets from one network to another

Yearn.finance is a decentralized smart financial product built on Ethereum. It implements algorithms to shift assets between different smart contracts to attain the highest yields. Yearn.finance launched the YFI token in July 2020. Its price soared from $3 to $30,000 within one month, which rapidly attracted a large number of investors. Its founder, Andre Cronje, is a South African fintech developer. He created Yearn.finance when he realized that different DeFi applications offer different yields. Users flocked to Yearn.finance soon after it was launched. Its market cap reached $1.5 billion by September 2020. Data shows that its total value locked in the network exceeded $6 billion at its peak in November 2021. How did the craze sweep the whole crypto space? How does it work? Let’s explore.

Rollups represent one of the most popular and effective Ethereum scaling solutions. As a Layer 2 off-chain scaling solution, Rollup bundles thousands of off-chain transactions into batches and sends them to the main blockchain for storage and verification. It greatly improves transaction volume and transaction speed while inheriting the security of Ethereum Mainnet.

Wrapped tokens are tokens that are pegged against other cryptocurrencies and exist on other blockchains. They increase interoperability among blockchain networks.

Flash loans are a form of unsecured loans available to cryptocurrency traders on some DeFi protocols that require no collateral or intermediaries.

Social Tokens are meant to be the next big innovation in cryptocurrencies and in the field of decentralized finance.

Fractional NFTs are based on the premise of making fungible something non fungible. By fractionating an NFT, it is possible to create a shared ownership.

Rocket Pool is a decentralized application (dApp) in the Decentralized Finance (DeFi) space that increases access to staking opportunities on the beacon chain.

Tornado Cash is an industry-leading coin mixer that enables anonymous transactions. On August 8, the U.S. Department of the Treasury’s Office of Foreign Assets Control announced that it would sanction Tornado Cash, roiling the community. On August 8, U.S. local time, the Office of Foreign Assets Control of the US Department of the Treasury (OFAC) announced the sanctions against the mixed currency protocol Tornado Cash, roiling the community. This event is expected to be a watershed in the growth of DeFi, and even the entire crypto industry. Then, what is Tornado Cash? How does it work? How did it become the target of sanctions by the US government? You’ll find all the answers to these questions in this article.

A tool for price regulation of digital assets in Decentralized Finance (DeFi)

IGOs ​​provide blockchain gaming startups within the channel to raise funds without relying on venture capitalists or game publishers. IGOs grant investors early access to obtain higher returns.