Stablecoins

A stablecoin is cryptocurrency with a twist. Instead of being “mined” by an open, distributed network of computers performing a combination of math and record-keeping, a stablecoin derives its price from the value of another asset. In short, a stablecoin is pegged to some other underlying asset. What are the leading stablecoins? The most prominent stablecoins are the ones used for trading on crypto exchanges. These include: tether, the most popular stablecoin, which is usually in the top-five highest market caps for cryptocurrencies; USD coin, or USDC, an open-source project run...

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DeFi Key Metrics….

DeFi is a quickly growing aspect of cryptocurrency, but is that growth even real? What are the best metrics to measure growth in DeFii? You probably think growth can be easily measured by looking at key DeFi metrics like Total Value Locked (TVL). And that’s true to an extent, Total Value Locked (TVL) is the best way to measure growth in DeFi. However, TVL is a little misleading and does not tell the entire picture about measuring DeFi projects. This article will explain the best metrics to measure DeFi projects. Total Value Locked (TVL) is The Most Important DeFi Metric… Or...

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Introduction to DeFi?

DeFi is an open and global financial system built for the internet age – an alternative to a system that’s opaque, tightly controlled, and held together by decades-old infrastructure and processes. It gives you control and visibility over your money. It gives you exposure to global markets and alternatives to your local currency or banking options. DeFi products open up financial services to anyone with an internet connection and they’re largely owned and maintained by their users. So far tens of billions of dollars worth of crypto has flowed through DeFi applications and it’s...

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What are Decentralized Autonomous Organizations?

One of the major features of digital currencies is that they are decentralized. This means they are not controlled by a single institution like a government or central bank, but instead are divided among a variety of computers, networks, and nodes. In many cases, virtual currencies make use of this decentralized status to attain levels of privacy and security that are typically unavailable to standard currencies and their transactions. Inspired by the decentralization of cryptocurrencies, a group of developers came up with the idea for a decentralized autonomous organization, or DAO,...

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What are Decentralized Apps?

Decentralized applications (dApps) are digital applications or programs that exist and run on a blockchain or peer-to-peer (P2P) network of computers instead of a single computer. DApps (also called “dapps”) are outside the purview and control of a single authority. DApps—which are often built on the Ethereum platform—can be developed for a variety of purposes including gaming, finance, and social media. KEY TAKEAWAYS Decentralized applications—also known as “dApps” or “dapps”—are digital applications that run on a...

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