DeFi Key Metrics….

Posted in Crypto, crypto basics, Defi, Defi Basics.

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?

Posted in Crypto, crypto basics, Defi, Defi Basics.

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?

Posted in Crypto, crypto basics, Learning.

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?

Posted in Crypto, crypto basics, Learning.

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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WHAT IS A SMART CONTRACT?

Posted in Crypto, crypto basics.

A smart contract, like any contract, establishes the terms of an agreement. But unlike a traditional contract, a smart contract’s terms are executed as code running on a blockchain like Ethereum. Smart contracts allow developers to build apps that take advantage of blockchain security, reliability, and accessibility while offering sophisticated peer-to-peer functionality — everything from loans and insurance to logistics and gaming. Just like any contract, smart contracts lay out the terms of an agreement or deal. What makes smart contracts “smart,” however, is that the terms are established...

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What Is Ethereum?

Posted in Crypto, crypto basics.

Ethereum is the world’s second-largest crypto project by market capitalization and was the first to introduce smart contract functionality to the industry.By Alyssa HertigSep 9, 2021Crypto Explainer+ Ethereum is a blockchain-based software platform that is primarily used to support the world’s second-largest cryptocurrency by market capitalization after Bitcoin. Like other cryptocurrencies, Ethereum can be used for sending and receiving value globally and without a third party watching or stepping in unexpectedly. Value exchange is the main use case of the Ethereum blockchain today,...

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What is leverage/futures trading in Crypto?

Posted in Crypto, crypto basics.

Futures, or futures contracts, are an agreement to buy or sell an asset at a later date for a fixed price. They are typically used by traders as a way to hedge other investments or to lock in profits when trading in volatile markets. The prices for Kraken’s futures are based on aggregated indices that represent the demand for each cryptocurrency from a variety of exchanges, so pricing is always clear and transparent. There are a number of benefits to this type of trading: Hedge Price Risk Investors who are holding digital assets can mitigate the risk of a falling price...

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