Crypto is volatile with unpredictable market swings for varied reasons. Any crypto project that launches essentially needs two things — Liquidity and Users. Since volatility (due to manipulation) is inherent to this world, it becomes a barrier towards achieving the latter in the true sense. The ICO boom of 2017…
Primer — xToken is an Ethereum-based DeFi protocol that wraps complicated staking and liquidity strategies across top DeFi protocols like Aave, Synthetix, and Bancor into convenient and composable set-and-forget ERC20 tokens. xTokens are free-floating ERC20s that can be sent from wallet to wallet, added to liquidity pools and pledged as…
xDollar Space (V2) is a multi-chain interest-free lending platform that users can borrow non-custodial stablecoin, XIM (xDollar Interverse Money) against their crypto assets on any side chains with a minimum collateral ratio. xDollar’s here to democratize the store value of crypto assets on all chains with more utilization.
Public awareness and adoption of blockchain technology and the crypto industry are on the rise. DeFi or decentralized finance has contributed to the growth and launch of several sophisticated open-financial systems and tools that don’t rely on banks and other legacy systems.
Blurring the lines between online and physical interaction, the metaverse can be defined as a digital reality encompassing social media, online gaming, AR (Augmented reality), VR (Virtual reality), and cryptocurrency. …
Let’s go through different ways Anchor enables users to earn ANC through a walkthrough of the Anchor app.
Earn — This allows users to deposit UST and earn interest on the deposit. Connect your wallet through Terra Station (Extension or Mobile). Once the wallet is connected, deposit your UST…
Abracadabra is a magical protocol that casts a spell on your crypto to produce more crypto. Honestly, it performs a magic trick of sorts and makes your crypto work for you.