The decentralized finance (DeFi) sector is rapidly growing but still faces significant challenges. For example, one of the biggest issues DeFi must address is Impermanent Loss (IL). This is a problem that can have serious consequences for liquidity providers. Today's review will examine how SMARDEX intends to solve the IL problem and end liquidity providers' unjust losses. We'll also look at all the services that SMARDEX offers and examine the project's tokenomics. What Is SMARDEX? SMARDEX is a project intending…
DeFi Tokens
Real Yield: The Top DeFi Tokens for Generating Actual Revenue
This year’s brutal bear market has claimed a sizable batch of crypto startups and nascent coins. To weather the volatility, the long-term believers in decentralized finance (DeFi) are in search of one thing: “Real Yield.” The term has grown in popularity among those looking for hidden gems in the market for decentralized finance applications. But, more importantly, it marks an appetite for responsible crypto investment opportunities that can outlast a turbulent market cycle. So what exactly is “real yield” in…
8 months ago 3.4 k views
Top Wallets for Storing and Hodling DeFi Tokens
Decentralized Finance Tokens are gradually becoming one of the significant use cases of smart contracts. It has helped solve the fundamental issue of providing banking services to people who do not use banks. However, as the DeFi ecosystem grows, selecting the best wallets to store or hold DeFi tokens safely has proven daunting. That brings us to our guide today, which will help make choosing DeFi wallets straightforward. The Best DeFi Wallet should: Allow access to DeFi Assets: A good…
2 years ago 725 views
Top 5 DeFi Tokens to Invest in for the Long Term
The world of crypto is growing, and now people are eager to get in on the frenzy. Crypto stands for all cryptography applications, including DeFi, which mirrors traditional banking and financing concepts except on blockchain technology. The advent of DeFi tokens has caused a frenzy reminiscent of the booms of bitcoin and other cryptocurrencies in 2017. DeFi tokens have joined the race in disrupting traditional finance by allowing the following: lending and borrowing within a peer-to-peer network without any intermediaries,…
2 years ago 773 views
Grayscale Plans to Add DeFi Tokens to Expand its Investments
Grayscale has announced that it is possibly venturing into 13 cryptocurrencies. Some of the cryptocurrencies are Curve, Polygon, Ren, Solana, Ox, among others. In February, Grayscale announced that it was looking into 23 offerings. The list featured DeFi tokens like Polkadot, Aave, and MakerDAO. Grayscale Venturing More into DeFi Worldwide, Grayscale has emerged as the top digital asset manager that has over $34 billion in assets as of last week. In addition, the company administers trust funds and offers shares…
2 years ago 580 views
Metrics Show Ethereum Investors’ Optimism Increases
Decentralized finance (DeFi) has enjoyed a strengthened narrative in 2020. This is such that some DeFi tokens like Aave (LEND) have incurred more than a 1,000 percent increase while the price of Ethereum increased by 90 percent since the beginning of this year. It appears that investors are developing more interest in this market sector. According to cryptocurrency derivatives analytics company Skew, Ethereum will enjoy this trend the most in the long-term. Skew noted that these DeFi tokens powered by Ether appear to…
3 years ago 607 views