Tag: DeFi

• Yield Farming Intro

  Involves lending or staking crypto to get rewards in the form of transaction fees or interest. https://www.cnbctv18.com/cryptocurrency/yield-farming-in-defi-all-you-need-to-know-12011392.htm Liquidity Providers (LPs): users who provide their cryptocurrencies for the functioning of the DeFi Platform. CoinmarketCap ranks crypto yield farming Article from 7/2021: https://www.coinbureau.com/guides/yield-farming/ good explanations, examples of dApps.

  Joe

  January 17, 2022

  DeFi, Yield Farming

• Atomic Swaps

  (From Token Economy by Shermin Voshmgir) “Atomic swaps allow for P2P cross-chain trading and can be directly executed between separate blockchain networks, wallet to wallet, without a trusted intermediary like an exchange.” Hash Time-Locked Contracts (HTLC) are used. Ensures that both parties fulfill requirements. They remain in control of their private keys and tokens when…

  Joe

  January 16, 2022

  DeFi, Web3