Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Curve Finance
Uniswap Hits Major Milestone as TVL in DeFi Sector Nears $15 Billion
Leading decentralized exchange Uniswap has hit more than $50 billion in volume since launching in November 2018. This makes it the first DeFi platform to achieve this milestone and shows confidence in the project. This information was revealed by Uniswap founder Hayden Adams who took to Twitter to share the milestone. Adams also conducted a poll asking the crypto community to vote for when Uniswap would hit $1 trillion in cumulative volume. The vote indicated the community's bullish sentiments, as…
4 years ago
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Curve FinanceCurve Finance – One Man’s DEX Out to Achieve Market Supremacy
With the emergence of the DeFi market, centralized exchanges witness the rising threat of decentralized platforms that can do everything they do, only faster, cheaper, and smaller crypto spillage. One of the decentralized exchanges that challenge the old order is Curve Finance. The protocol started from one man's vision and straight into the top-5 DeFi protocols in less than a year. With the recent release of its native token, CRV, Curve is turning into a DAO and becoming even more…
5 years ago
A Complete Guide on How to Farm Yields (Yield farming)
Every crypto user, including the beginner, has met with the word DeFi, an acronym for Decentralized Finance. DeFi consists of an ecosystem of Financial applications developed on top of blockchains. In addition, DeFi introduces the investors' aspect, making returns on the value of their assets through yield farming markets. Yield farming, also known as liquidity mining, is where crypto holders lend cryptocurrencies and get fees and interest as returns. For example, yield farming imposes a similar principle when an individual…
5 years ago