UTB Bot, short for United TeleBot, is a fully-automated currency app that allows Telegram users to buy, sell, and store cryptocurrencies. The application functions similarly to most crypto wallets, enabling cost-free deposits, withdrawals, and conversions. In addition, however, it comes with a user incentive in the form of a daily return, regardless of external conditions. Telegram has become one of the most popular messaging apps in recent years, reaching over 700 million users. Notably, the Telegram community increased by 200…
Collateralized Loan
Collateralized vs. Overcollateralized vs. Undercollateralized DeFi Loans
In decentralized finance (DeFi), collateralized loans are loans secured by collateral, which the borrower must deposit to the lender as a guarantee for the loan. The collateral is typically cryptocurrency and held in a blockchain smart contract. Overcollateralized loans are loans where the value of the collateral is greater than the loan's value. This means that the lender has a cushion of additional collateral to protect against potential losses in case the value of the collateral drops. On the other…
Block Education 
@BlockEducation
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