Decentralized

Decentralized Finance market (DeFi) is recovering following last year’s crash. The total volume of investments in the DeFi protocols has grown from $26.5 billion in Q3 2023 to $59.7 in Q1 2024. What’s the reason behind that?   Choosing Less Risky Assets   According to statistics, investors prefer less risky crypto assets: over 90% of the money invested right now is stored in low risk assets. For example, per the PrismaStake staking platform, in their case the percentage exceeds 95%. …

The Solana blockchain is home to hundreds of decentralized applications (dApp) that leverage the blockchain’s high throughput, scalability, and composability. There’s a reason it’s one of the largest DeFi ecosystems, with billions in total value locked. Decentralized exchanges (DEXs) underpin this bustling community and account for the lion’s share of the TVL on Solana. They provide users with the necessary tools to trade on-chain, swap between different tokens, offer liquidity, and much more. In the following, we attempt to provide…

[PRESS RELEASE – Santa Clara, California, April 30th, 2024] CARV, the largest modular data layer for gaming and AI, today announces its highly anticipated debut node sale. This is another major milestone towards CARV’s mission to maximize data innovation while ensuring individuals can share the value created in a user-owned internet. Starting May 13, users worldwide can become part of CARV’s decentralized data network, contributing to the redistribution of value and earning rewards by running lightweight verifier nodes. The What…

The announcement also confirms the DEX will introduce trading of tokenized real-world assets such as stocks, ETFs and commodities to offer a more diversified portfolio to traders.  In an announcement this week, Jellyverse, a comprehensive DeFi ecosystem, announced the launch of its decentralized exchange, JellySwap. The DEX will launch in tandem with the launch of Sei Network on its mainnet, as the official fork of Balancer protocol, bringing real-world assets (RWAs) into the wider DeFi ecosystem.  According to the statement,…

[PRESS RELEASE – Tokyo, Japan, April 25th, 2024] Leading crypto trading platform Bybit is hosting the Initial DEX Offering (IDO) for Slash (SVL), a decentralized payment protocol designed to transform how merchants and consumers use digital tokens for transactions. Immediately following the IDO’s conclusion, the SVL token will be listed on the Bybit spot exchange and made available for trading on April 29, 2024, at 10am UTC. To participate in the IDO, users must ensure they have a Bybit Wallet…

Via the Flare blockchain, Raindex has provided a great innovation by trying to overcome the scalability issues and low transaction speed despite the complexity of the decentralized exchanges (DEXs). An innovative approach towards token trading is offered by Raindex, i.e. Flare Time Series Oracle (FTSO) as well as the Rainlang smart contract language, which is applied in this regard. This blend of features gives traders an outstanding trading opportunity which includes not only placing the right bid and offer prices,…

Singapore, Singapore, April 18th, 2024, Chainwire At the Dubai Press Conference, Aethir Edge debuted as the pioneering edge computing device and the first authorized mining machine of Aethir, one of the industry-leading decentralized cloud computing infrastructure providers, alongside Qualcomm. It enables users to mine 23% of Aethir’s native token $ATH supply. Integrated with a distributed cloud network to overcome centralized barriers, Aethir Edge combines unmatched edge computing capability, decentralized access, and exclusive rewards. The future of decentralized edge computing is…

Owing to the rapid rise of the cryptocurrency market in recent events, every person is looking to earn money from the crypto market in less time. The cryptocurrency market is gaining a lot of traction now and people want to have a currency that can turn their hundred dollars into thousands, soon. Bitgert’s BRISE coin is one such option that can give you multifold returns in less time. Bitgert’s BRISE time has grown past being just a hyped-up currency. It…

The post BEFE Coin: The Future of Decentralized Finance appeared first on Coinpedia Fintech News Decentralized finance is unarguably one of the best stratum of the blockchain sector. Its capacity to give investors opportunities to generate passive income is one reason it stands out amongst other sectors of blockchain. The future of Decentralized Finance is bright with impressive projects springing up that offer better financial services to users and top-notch transparency which is the foundation on which Defi is laid…