DeFi News and Information Today

PancakeSwap (CAKE) is adjusting its inflation rate

Apr 27, 2023

PancakeSwap is the biggest and most popular decentralized protocol on BNB Chain. With a TVL of over $2 billion on BNB alone, it is one of the most essential dApps and the biggest decentralized exchanges available. PancakeSwap extended its services recently on Ethereum and Aptos, adding the biggest and one of the most promising smart contract platforms to its portfolio. Recently, a proposal has been made that has severe consequences for CAKE's tokenomics.

Money, debt and Bitcoin

Apr 27, 2023

Many economists see money as a human invention that followed barter. But according to anthropologist David Graeber, in his book Debt: The First 5,000 Years (2011), it is not the case that we first bartered eight chickens for a goat and then invented money. No, debt existed before it all. What does this tell us our financial system and about Bitcoin as an alternative?

Arbitrum: Community vote rejects proposal to return funds

Apr 17, 2023

Arbitrum was the most anticipated airdrop in a long time and perhaps even this year. The layer-2 technology is believed to leverage the security of Ethereum and offer the scalability that is needed to provide an ecosystem of decentralized apps that can truly change financial products. Right after the successful launch of its governance token, Arbitrum ran into a problem when the Arbitrum Foundation moved funds out of the DAO without community consent.

Arbitrum: Governance crisis shakes the market

Apr 03, 2023

Arbitrum was the hottest topic for several months among airdrop hunters. When it became clear in March that the airdrop would be finally commenced, their moment had come. But the airdrop is not only free money. It is meant to decentralize Arbitrum further by handing the governance over to the community. In this case, those people who were using Arbitrum heavily over a longer period. It looks like governance is not always an easy task.

Arbitrum and Optimism: Layer-2 solutions picking up traction

Mar 21, 2023

Arbitrum just launched the ARB token with a long-awaited airdrop. Many traders were active on the platform just to be qualified to receive the tokens. This raises the question of whether the recent success of Arbitrum is a product of airdrop hunters searching for another opportunity or if this represents the organic growth of the platform. Layer-2 networks are believed to solve many problems blockchain technology is still facing today.

Arbitrum is finally airdropping its ARB token

Mar 16, 2023

Airdrops are very popular among crypto investors. They offer the opportunity to gain free tokens and possibly make a fortune selling them at the right time. There are even airdrop hunters trying to guess which project presents the next opportunity to earn free coins and tokens. Arbitrum was rumored to be the next in line since it started. The waiting is over as the team has announced the airdrop of the ARB tokens this month.

Shibarium: Rumors spark new hope for beta release

Feb 16, 2023

The world is waiting for Shibarium, the marveled second-layer solution that is supposed to be the killer application for Shiba Inu (SHIB). Alas, the community and investors are still kept waiting with no release date being published so far. Once more rumors are going wild on social media and the “Shib army” is pushing the narrative that we are going to witness another bull run on the shoulders of Shibarium.

Will Uniswap deploy on BNB Chain?

Feb 06, 2023

Uniswap is one of the few bigger pillars of the DeFi industry. The protocol relies on a series of smart contracts and offers automated market maker functionality that makes the biggest decentralized exchange happen. Another important aspect of Uniswap is its governance but it seems that recently not everybody is happy with whom is taking the vote and their choice of options.

Ark Big Ideas: crypto could 20x in coming 7 years

Feb 01, 2023

Ark Invest released a new Big Ideas report, focusing on the disruptive potential of technologies such as AI and crypto. Bottom line: the recent price crash hasn't changed the research and investment firm's view on the growth potential of crypto. For 2030, they envision a 25 trillion-dollar market cap, a 25x from now. How is this possible?

What is Convex Finance (CVX)?

Jan 10, 2023

Convex Finance lets Curve’s liquidity providers and Curve stakers earn more rewards. Curve Finance is a decentralized exchange (dex) that focuses on stablecoin swapping.

What is impermanent loss?

Dec 21, 2022

Impermanent loss means something like unrealized loss. It is the risk caused by price fluctuations between two coins in a liquidity pool on a decentralized exchange. The unrealized loss becomes realized the moment you withdraw your capital from the pool.

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