Vote escrowed tokens (VeTKN) are fast becoming a popular economic model for earning double the reward while securing more voting rights in decentralized finance (DeFi), according to Juan Pellicer, a research analyst at blockchain intelligence firm IntoTheBlock. Sponsored Sponsored Started by decentralized exchange (Dex) Curve Finance, the model, or VeNomics, has given rise to the … Read more
44 DeFi hacks in 2021 were a result of centralization issues, according to a report by blockchain security firm CertiK. The report noted that security was becoming a priority task as DeFi gained even more steam. Sponsored Sponsored Blockchain security firm CertiK, in a report published on Jan. 8, said that a sizable number of … Read more
There are very few truly decentralized exchanges (DEX) or crypto platforms around at the moment, but one aiming to claim that accolade is the dYdX derivatives exchange. Sponsored Sponsored Not many of today’s DeFi protocols are truly decentralized in all senses of the concept. The world’s leading DEX, Uniswap, for example, has its governance controlled … Read more
The 2021 Electric Capital Developer Report shows that the resources poured into Web3 are increasing rapidly. Among the most interesting insights from the report is the fact that over $100 billion of smart contract value comes from less than 1,000 full-time developers. Sponsored Sponsored The 2021 Electric Capital Developer Report, released on Jan 5, covered … Read more
The concept of decentralized trading introduces many opportunities and efficiencies. However, we cannot ignore the drawbacks of this concept either. One of the most grating problems is the concept of slippage, although that may soon become a concern of the past. Sponsored Sponsored Why slippage is a problem On paper, it would seem easy to … Read more
BeinCrypto spoke to Tushar Aggarwal, CEO, and Co-founder of Persistence, about institutions stepping into the decentralized finance world and what this means for the space. Sponsored Sponsored Aggarwal is the CEO of Persistance One, a protocol that focuses on institutional and crypto-aware investors. It is an ecosystem that allows for exposure to multiple asset classes across … Read more
Planet Finance is a decentralized finance (DeFi) protocol with an aim that is out of this world. The protocol wants to bring DeFi to one billion users. Sponsored Sponsored Built on the Binance Smart Chain (BSC), Planet Finance offers its users an array of decentralized apps (dApps) also referred to as ‘planets’. Planet Finance in … Read more
Data from Dune Analytics reveals that the number of decentralized finance (DeFi) users on Ethereum has hit a new all-time high of over four million. The number of users has been growing strong since the start of the year, which is a similar story in regard to other metrics. Sponsored Sponsored The total number of … Read more
Decentralized Exchanges (DEX) rise in prominence, but centralized exchanges still outrank them when it comes to users. DeversiFi aims to change that. Sponsored Sponsored Considering that cryptocurrencies rely on decentralized blockchain to power them, it doesn’t make sense that much of the crypt space relies on a few specific points of failure — centralized crypto … Read more
As Decentralized Autonomous Organizations (DAOs) pick up recognition both inside and outside the crypto space, more questions surface regarding these decentralized communities. Sponsored Sponsored In the bustling world of crypto and emerging blockchain technologies, the marker for buzzwords continues moving. For some time, non-fungible tokens (NFTs) were the only thing in headlines across all media … Read more