DeFi Archives - Cryptopress

Osmosis gets listed on Binance and soars 20%

Written on October 28, 2022.

Only a few hours ago, Osmosis was listed on the popular cryptocurrency exchange Binance.The value of their token has gone up by more than 21% because of this announcement. CoinGecko lists Osmosis (OSM), a DEX developed by Cosmos, as the sixty-fourth biggest digital asset by market cap. At $8.50, it is still 86% behind its record high of $11.25 set in March. By mid-May, it had dropped below $2.00. The most recent price of OSMO was $1.57. #Binance...

$OSMO, Binance, COSMOS, Cryptocurrencies, DeFi, Front page

UniLend V2 Launched: Becomes 1st True Permissionless Lending & Borrowing Protocol

Written on October 27, 2022.

The UniLend team is looking to revolutionise the lending and borrowing scene in the DeFi space by launching its much awaited V2 testnet on the Goerli chain today. It is the first ever protocol that claims to “Make Every Digital Asset Productive”. Earlier, UniLend Finance CEO, Chandresh Aharwar, unveiled the version of the UniLend Dapp for the first time on Binance Live, calling it “The world’s first true permissionless lending and borrowing...

Airdrop, Binance, dApps, DeFi, Ethereum, Press release, UniLend

Olympus: goodbye Defi 2.0, hello “Real Yield”?

Written on October 1, 2022.

Olympus, a DeFi protocol with more than $200 million in total value locked up, will reduce the sky-high yield that holders of its native token have enjoyed over the past year and a half as part of its “bond-centric future.” $OHM has now lost more than 99% of its value from its all-time high and is currently worth less than $11. OHM’s staking used to provide double-digit annual returns. OHM’s staking on Thursday produced...

$OHM, Cryptocurrencies, DAOs, DeFi, DeFi 2.0, Featured, Front page

How to avoid the risks of cryptocurrency yield farms

Written on September 24, 2022.

Crypto Yield Farms have the potential to be an excellent method to make passive income; but, investing in them is not without its associated dangers. What is Yield Farming? Yield farming is a means for any digital asset or cryptocurrency owner to earn passive income as incentives or interest. Depending on whatever crypto farm services you use, your deposit interest may be constant or fluctuate over time. Yield farming requires “Liquidity...

DeFi, Featured, Yield farming

Top Yield Farms on Polygon

Written on September 17, 2022.

We’ve all been there: you’re looking for a way to make money, but you don’t know where to start. Luckily, there are a lot of options out there for earning crypto. Whether you’re interested in mining or just want a passive income, here are some of the best crypto Yield Farms on Polygon. What is Polygon? Polygon is a blockchain-based ecosystem that aims to help users manage their crypto assets more effectively. It...

$MATIC, DeFi, Front page, Polygon, Staking, Yield farming

New narrative: What is “Real Yield Defi”?

Written on September 2, 2022.

Real yield is the yield earned by the creation of real protocol income, like as trading fees. Token holders on the system may earn a portion of this yield, similar to dividend stock. In the narrative of decentralized finance, real yield would be the third evolution of Defi, or Defi 3.0. Thus, betting on a “real yield” protocol means relying on its ability to maintain its user base and transaction volume, its value, in short, over...

Cryptocurrencies, DeFi, DeFi 2.0, Ethereum, Featured, Front page

Airdrop: EVMOS Rektdrop

Written on August 15, 2022.

Evmos is a blockchain that is entirely compatible and interoperable with Ethereum. It has scalability, fast throughput, and Proof-of-Stake consensus. It was developed using the Cosmos Software Development Kit, which operates on top of the Tendermint Core consensus engine. Consequently, the Inter Blockchain Communication Protocol enables it to interface with other blockchains in the Cosmos ecosystem (IBC). Feature Evmos Blockchain Ethereum,...

$EVMO, Airdrop, DeFi, Staking

KuCoin Labs Invests in Superpower Squad, a Superhero-Themed Shooter Game to Boost the Development of Game-Fi

Written on June 9, 2022.

June 09, 2022 06:00 AM Eastern Daylight Time VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoin Labs, the investment and research force of the KuCoin ecosystem, announced on June 9 that it had led an investment in the Superpower Squad game. Other investors involved in this private round include EVG and Ankr. The valuation of Superpower Squad is at $50 million, and the game’s development of completion and high playability is rare...

Crypto Games, DeFi, GameFi, Press release

After Launching Indodax, MetaCraft is Witnessing a Strong Growth Momentum

Written on June 2, 2022.

By JUAN MENDECryptoPress According to the official announcement of Indodex, Indonesia’s largest digital asset exchange, MetaCraft officially launched Indodax on May 25th; while the deposit of MCT on Indodex starts on 27th. In the past week, MCT growth rapidly, with a new All-Time High surging over 74.37%, marking its great potential in the field of DeFi Games. MetaCraft is a running group chain play imitating Rarity, and a...

Crypto Games, DeFi, GameFi, NFTs

DeFi TVL Plummets In May

Written on June 1, 2022.

The current crypto market fall has harmed retail investor morale, but it has also harmed the decentralized financial area. As a result of this drop in value, many companies have been forced to lay off employees or shut down entirely. This is not only bad news for investors and entrepreneurs, but also for cryptocurrency users as well. For example, if there are fewer dApps being built on top of the Ethereum network because they’re not profitable...

Cryptocurrencies, dApps, DeFi, Front page