Tag: Polygon
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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…
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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…
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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.…
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There is no such thing as the Ethereum Killer
Since the ethereum launch, it has been one of the best things in technology since the creation of operating systems. The ability that eth has given developers to create applications via smart contracts because of this Decentralize and Open finance has been able to thrive. Ethereum is this fantastic tool but is not perfect, and…