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…
SNS
CBDC: Swiss National Bank (SNB) to begin Proof-of-Concept Testing
The Swiss National Bank (SNB) is set to launch a proof-of-concept test for a digital currency in 2020. As reported by a Chinese news outlet, the Swiss apex bank will run the test in collaboration with the Bank for International Settlements (BIS). BIS Chief Benoit Coeure revealed key details on this latest development at the Bund Summit held in Shanghai on Sunday. According to Coeure, the proof-of-concept will be undertaken to analyze how the digital currency would work, and the…
2 years ago 607 views
US Congressman Introduces Bill to Fight COVID-19 with Strategic National Stockpile
A bill to fight coronavirus has been introduced by the United States Congressman Stephen Lynch of Massachusetts. It is towards the establishment of a blockchain network that is able to oversee the distribution of personal protection equipment (PPE), ventilators as well as other essential medical equipment during the ongoing pandemic. The National Emergency Biodefense Network was established for the regulation of the supply of drugs, vaccines, medical devices, as well as other supplies. The bill called the “Strategic National Stockpile [SNS] Enhancement and…
3 years ago 552 views