The evolution of Decentralized Finance (DeFi) has reframed the role major financial institutions play in our lives. The global financial industry has shown strong interest in DeFi due to its blockchain-based infrastructure and the promise of decentralization. The DeFi market has been booming this year in 2020 with different DeFi tokens like Chainlink (LINK), MakerDAO,…
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New Year Bull is a new-age Deflationary ERC 20 token that will operate on the fundamentals of DeFi and also boast an online meme platform. New Year Bull will work to garner more returns for the users and token owners. The critical component of this token currency is the 90% burning off the initial supply.…
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Cryptocurrencies continue to remain the torch bearers of financial freedom during these uncertain times of the global economy. As a result, Decentralized Finance (DeFi) is seeing a huge demand in the market. Xtake.Finance is one such global DeFi ecosystem that simplifies the overall staking process for an average investor. Based on the XTK governance token,…
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Phore conducts its operations on the Synapse architecture. Synapse is going to streamline the concept of conducting multiple transactions on different blockchains with sharding, simultaneously. Such transactional scalability and accessibility are unlikely to be seen with other cryptocurrency exchanges. Everything is transparent and run by the community. Even though the concept of DeFi got its…
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The recently launched MixTrust project will address the vacuum created by the existing markets specializing in the trade of synthetic assets. In simpler words, MixTrust is a mature and sophisticated project, and the project is on the path to redefining how individuals and traders capitalize on the asset trading market. MixTrust will help proffer a…
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Non-custodial finance or decentralized finance (DeFi) is here to change the face of the financial industry over the next decade. DeFi leverages the blockchain-based smart contracts to move financial products like loans, trading, insurance, borrowing, etc. on a blockchain network. The Working of the PeerEx Platform The PeerEx exchange offers a conducive environment and an…
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Within the crypto sector, DeFi is one of the fastest-growing sub-sectors. The idea of DeFi or decentralized finance is based on the concept that the financial system can be recreated, but this time in a decentralized fashion. Essentially, it would allow everyone to access all the financial instruments available in the financial world without the…
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