The biggest question in DeFi is always: What’s next? And that’s what’s so magnificent about this new world of DeFi: nobody knows, but whatever it is, it’s coming fast and furious. Back up a moment to appreciate DeFi in 2020–the landmark year of Ethereum to date. You can ponder regrets having not bought ETH for …
“Gas” is the ETH required to power every transaction on Ethereum. Gas is a term that was coined to describe the ETH (ether) required to transact on the Ethereum network. More specifically, every transaction that occurs on the Ethereum network requires a set amount of gas, which is the unit used to measure the computational …
There are countless resources that can provide crucial information and education to help you along in your DeFi journey. These (in no particular order or ranking) are our Top 10 DeFi Resources: The Defiant. No surprise here. Subscribe to The Defiant YouTube channel, newsletter and podcast, covering the most interesting, most extraordinary, and sometimes, most …
You can lose 100% of your money in any DeFi app or protocol. So above all else, apply a simple rule of thumb to help mitigate this risk: don’t deposit more than you’re willing to lose. Here’s a rundown of the 7 most common risks (or 7 most deadly DeFi sins) that everyone should consider …
As more apps and protocols launch, and more money pours into DeFi, it’s important that DeFi investors can mitigate the risk of losing their funds. With great power, comes great responsibility. Insurance protects us from the unexpected, and in DeFi, there’s nothing more expected than the unexpected. While DeFi is exploding in growth, it also …
Options are yet another money lego growing like crazy on Ethereum, with growing liquidity on Hegic and Opyn. Options, like the name implies, give traders the option to buy or sell an asset at a pre-determined price on a future date. They are used to protect against price volatility and speculate on market moves. Options …
A derivative is a big word created by Wall St that simply means: a financial security with a value that is reliant upon, or derived from, an underlying asset or group of assets. In other words, it’s trading a thing that represents the price movements of the underlying asset. According to the Bank for International …
Stablecoins on Ethereum boast an estimated $20B in liquidity (according to usdonethereum.com) and they show no signs of slowing down in growth. Stablecoins, examples of which include DAI, sUSD, USDC or USDT, come in all sorts of varieties: decentralized vs centralized, backed 1:1 by dollars vs overcollateralized vs reportedly undercollateralized (in the case of USDT). …
If you have tried DeFi recently, you have probably experienced the frustrations of high transaction fees. As the demand for DeFi services on Ethereum have increased, it has become “normal” to pay higher fees such as $20 per transaction or even several hundred dollars on occasion. If this blockchain scalability problem isn’t resolved, these transaction …
CeFi vs DeFi. Centralized exchanges (CEXs) versus decentralized exchanges (DEXs). Trading on CEXs involves trusting a centralized company with your private keys and information. It also often means a faster trading experience. Trading on DEXs means not having to ask for permission and maintaining control of your assets and information. The differences between trading on …
