DEFI
What is DeFi?
Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.
Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.
Pyth Network Integrates Price Oracles with IOTA EVM
Pyth Network deploys its oracle services on IOTA EVM, enhancing data accuracy and security for DeFi applications.
Sui Bridge Launches on Testnet with Incentive Program for Participants
Sui Bridge goes live on Testnet with incentives for testers. Secure and seamless asset transfers between Ethereum and Sui.
Understanding stBNB: Liquid Staking with BNB on BNB Chain
Explore stBNB and its role in liquid staking within the BNB Chain ecosystem.
IOTA Awards $2.36 Million in Grants to 20 Blockchain Projects
IOTA Grants program awards $2.36 million to 20 blockchain projects, supporting diverse sectors.
THORChain Introduces Trade Assets for Enhanced Onchain Trading Experience
THORChain launches Trade Assets for efficient and transparent onchain trading.
Paxos: The Crucial Role of Stablecoins in Transforming DeFi
Explore the impact of stablecoins on DeFi and their future prospects.
NVIDIA: Street Fighter 6 and XDefiant Join GeForce NOW
Street Fighter 6 and XDefiant debut among seven new games on GeForce NOW.
Mantle Network Now Accessible on Dune for Enhanced Blockchain Analytics
Mantle Network integrates with Dune, offering robust analytics for DeFi data.
Injective (INJ)Unveils Helix 2.0 and Other Key Updates in May
Injective (INJ)showcases significant advancements with the launch of Helix 2.0 and other key updates in May.
BounceBit's Maximal Capital Efficiency Strategy: A Comprehensive Guide
BounceBit introduces a guide to maximize yield via CeFi and DeFi integration.