-
What is Impermanent Loss? And how to avoid it.
We wrote about yield farming in our last post and had a basic concept. On this one, we will talk about the dark side, which is impermanent loss. We will also give you some tips on avoiding getting wiped out. As always, we start with the definition of what this is. In DeFi, there…
-
What is Yield Farming?
The DeFi world is full of opportunities, and we love it! No matter where you are in the world, you can take advantage of protocols that can give you higher interest, loans, derivatives, options, and pretty much anything your financial taste desires. In this post, I will explain one of the features that are a…
-
Is saving your money in the bank really worth it?
If you know anything about financial literacy, saving your cash is an essential part. Whether to have a rainy day/ emergency fund, save for a purchase, or anything in between, keeping your hard-earned money will lead you to the financial promise land. However, we have come very far from the piggy banks and saving money…
-
What to expect in 2022
A new year brings hopes of wellness, happiness, and wealth as all traditions the positive vibes are all over January until it all calms down. Here at Atlantic Defi we want to keep a biased feel for crypto, and we would like to stay calm, avoid all the noise and prepare you for the best…
-
Is the NFT Market Overhyped?
NFT or Nonfungible tokens are booming. It has become a multi-billion dollar business in less than two years, which is incredible for most people who don’t understand yet. If you want to understand more, we wrote an article about NFT that you can read here. With all of these from Kitties, Punks, Dogs, Abstract and…
-
The biggest Hack in Defi History
At 6am ET on August 10, over half a billion dollars worth of crypto assets were stolen from Poly Network, a cross-chain protocol that facilitates token swaps across multiple blockchains including Ethereum, Binance Smart Chain and Polygon. With the total drained at $600M, this is the biggest DeFi hack in history, dwarfing the $59M EasyFi…
-
Cryptocurrency and Defi may be your best chance for financial wealth
The state of finance at this moment has never been better. We have lived through a financial crisis, wars, and a pandemic. The most significant economic era is the 21st century. Yet, even with that, banks give a nominal interest rate to their customers on their savings account and charge services fees for checking and…
-
Getting to know Decentralized Exchanges (Dex)
If you are getting into the decentralized finance world, you will hear about Decentralized exchanges or dex. These are permission-less cryptocurrency exchanges that you can use with wallets such as Metamask (we will have a wallet article soon) with no identity or very little information of who you are and where you are trading from.…
-
A Guide to Stablecoins
When we talk about cryptocurrencies, Bitcoin and Ethereum come to most people’s minds, which passes onto Decentralize and Open finance. But this should not be the case since I don’t see in any foreseeable future using BTC or ETH as fiat currency for many reasons that I will have to explain in another post. The…