What is Yield Aggregator? Yield aggregators are platforms that implement multiple DEFI protocols/chains to provide users with an enhanced experience. They implement different protocols and strategies to provide users maximum returns. The returns can be fixed or variable and requires users to stake and lock funds. They are different from other farming and staking platforms … [Read more...] about Autofarm Yield Aggregator
What is Venus? Venus Protocol is an automated protocol designed to bring a complete decentralized lending and credit system onto Binance Smart Chain. Venus declares itself a money market and stable coin platform built on top of Binance Smart Chain. Venus can be compared with Aave or Maker of Binance Smart chain. Venus enables users to earn interest on their assets … [Read more...] about Venus Decentralized Money Market Explained?
Mark Cuban has always been a huge fan of the cryptocurrency revolution. He is in the list of very few capital investors who actually like cryptocurrencies and show their support towards this cause. This love is not unrequited and communities consider Mark a favorite with people like Elon musk.In a recent interview with a popular YouTube channel Bankless, mark shared his views … [Read more...] about Mark Cuban’s perspective on NFT and DEFI
What is a Collateral? Collateral in DEFI is similar to traditional finance. While acquiring a loan a borrower goes to a lender for a certain amount of funds. The lender agrees to provide loan once they both agree on the interest rate, this rate based on the amount and the time of repayment. The lender asks for the security of his loan by taking something of value from … [Read more...] about Lending and Collateralization Explained
What is Liquidity Pool Token? To determine the share of a liquidity provider in a pool, platforms generate a new token for the pair. This token is known as liquidity pool token or LP token. They generate in accordance to the pair and share of the pool. For example, if a trader contribute $40 worth of KMD and USDT to a Binance smart chain pool with a total value of $200. … [Read more...] about What are Liquidity pool tokens?