DEFI

 

What is DeFi?
Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.

Top 1% of Chainlink Whales Hold 80% of LINK Supply – What This Means
LINK, although birthed a DeFi token, may not be as decentralized as you might think.
Ethereum’s Daily Transaction Volume is Going Parabolic Surpassing Bitcoin by $3 Billion
Ethereum's daily transaction volume is going parabolic. It now settles $12 billion in transactions daily - $3 billion more than Bitcoin.
Altcoin Price Analysis: XRP and AAVE
This piece analyzes the short-term price actions and momentum of XRP token and Aave protocol.
Chainlink (LINK) Price Set to Reach New Highs This Quarter When Staking Goes Live
The oracle-based cryptocurrency has rallied to new highs, surging by over 9% in the past 24 hours, and over 40% in the past week.
Ethereum Price is Ready to go Ballistic in Late 2021, says Crypto Analyst
Crypto analyst Michael van de Poppe has disclosed that ETH is doing quite well on the BTC pair and is set for a ballistic price move in late 2021.
SNX and AAVE Prices Remain Stable Amid Bitcoin Driven Market Dip
Despite the ongoing market correction, DeFi tokens Synthetix Network Token and Aave maintains stable price momentums.
DeFi Protocol to Enable Tokenized Stock Trading of Google, Amazon, and Tesla on Its Platform
Injective Protocol has partnered with Terra and Band Protocol to introduce stock trading on its platform.
DeFi was the Main Trigger of Bitcoin Flowing to Ethereum, ETH Price to Surge Even Higher
Currently, the DeFi sector’s total value locked (TVL) has surged above $16 billion, setting a new high for the ecosystem, according to DeFi Pulse.
DeFi Tokens Surge as Bitcoin and Ethereum Hover Around Support Levels due to the Coinbase Effect
Following Coinbase’s announcement, AAVE, BNT, and SNT tokens all surged, rallying from 10% to 24%.
Uniswap Tops $50 Billion in Trading Volume but Its Sources of Liquidity Are Questioned
Uniswap has recently made headlines with its total trading volume surpassing $50 billion.

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