Tag: DeFi
DeFi is short for decentralized finance that includes digital assets, protocols, smart contracts, and dApps built on blockchain.
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...
DeFi TVL Plummets In May
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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...
Yield Farming
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Yield farming is a way for cryptocurrency projects to create tokenized incentives for users. Because these projects do not depend on a centralized market facilitator, many decentralized finance (Defi) initiatives employ yield farming to encourage users to contribute to the network’s liquidity and stability.
Staking or locking up cryptocurrency inside a blockchain system to create tokenized incentives is known as yield farming.
The...
Enriching Day at Philippines Traders Fair & Gala Dinner
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On May 21, 2022, the Philippines Traders Fair & Gala Dinner joyfully and perfectly ended by FINEXPO at Edsa Shangri-La Hotel Manila. Over 1500 people attended the traders’ fair and gala dinner show. Furthermore, there are a lot of well-known brokers had their booths on that day. There were scheduled a full day of programs such as speaking seminars and workshops, lucky draws, live performances, and some other entertainment.
It is...
Combining NFT and Religion, What Will Metars Genesis Bring Us?
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BY JUAN MENDECryptoPress
To get closer to religion through a strikingly personal adventure and attend religious events without the necessity of physically being there, the combination of NFTs and religious sites is getting increasingly popular in the metaverse world. For example, the Vatican is launching an NFT gallery for people to worship god.
Being an inclusive platform, Metars aims to combine art galleries and religious sites in the metaverse...