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Tag: DeFi

DeFi is short for decentralized finance that includes digital assets, protocols, smart contracts, and dApps built on blockchain.

VMPX: a bridge between Bitcoin and Ethereum

VMPX could be the first bridge between the world’s largest crypto ecosystems, Bitcoin and Ethereum VMPX is a token linking Bitcoin and Ethereum, enabling asset transfers.  High gas fees caused by VMPX’s popularity surprised users, as other projects usually have higher fees.  Founder Jack Levin is building a bridge between the two blockchains, allowing easier asset transfers.  Overview VMPX is a special...

$vmpx, Bitcoin, Bridge crypto, DeFi, Ethereum, Front page, Main, Xen

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LineaETH Airdrop

BingX, a leading cryptocurrency exchange, has launched an airdrop guide that enables users to receive 100 LineaETH tokens directly into their Metamask wallets. The guide is designed to simplify the process of participating in airdrops, making it more accessible and rewarding for traders. To participate in the airdrop, users must first create a Metamask wallet and connect it to the Linea testnet. They can then follow the instructions in the...

$GETH, Airdrop, DeFi, LineaETH, Metamask

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Quai Network Airdrop

Quai Network, a Layer 1 scalable EVM-compatible network of merge-mined blockchains enabling fast, accessible, and low-cost decentralized finance, is offering a free airdrop of $QUAI tokens to users who engage with their social media platforms. The airdrop is part of Quai Network’s Social Media Rewards Program, which aims to incentivize early community engagement and promote the project to a wider audience. To participate in the airdrop,...

$QUAI, Airdrop, DeFi, EVM

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What are Perpetual Contracts?

Perpetual contracts are a type of derivative financial instrument that allows traders to speculate on the price movements of various assets without actually owning them. Perpetual contracts do not have an expiration date, which means that traders can hold their positions for as long as they want without worrying about settling the contract on a specific date. Perpetual contracts are traded on decentralized exchanges, which means that they...

$DYDX, $GMX, Blockchain, DeFi, DEX, Featured

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What are Synthetic Assets and Why Are They Important for DeFi?

In Brief: Synthetic assets are crypto assets that mimic the value of other assets using smart contracts and collateral. Synthetic assets enable users to access any asset class without owning or trading the actual asset. Synthetic assets have various use cases for DeFi users, such as access, liquidity, diversification, and innovation. Synthetic assets can be created and traded on various platforms on Ethereum and other blockchains. Synthetic...

DeFi, DEX, Featured, Front page, Glossary, Main

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