Centralized exchanges currently offer the most liquidity and the most straightforward way to exchange fiat for crypto. Because centralized exchanges must maintain anti-money laundering (AML) and know-your-customer (KYC) compliance, they often require a good bit of personal information from users. The tradeoff is that centralized exchanges tend to offer more liquidity and trading options than …
What are Ethtrader donuts ? Ethtrader donuts are an experimental feature recently introduced by Reddit. This new system seems meant to test how a community reacts to the tokenization of karma points. The powers-that-be at Reddit chose ethtrader to serve as a sort-of guinea-pig community for this experiment. Donuts were first introduced to the community …
Ethereum Twitter Twitter can be harsh and uninviting. But if you look in the right places, it can be great way to get to know people and learn from them. Ethereum Twitter is one of those places – it’s full of insightful, funny people. Many personalities on Ethereum Twitter need no introduction. But you can …
What is Veil Market? Veil Market leverages the Augur, 0x, and Ethereum protocols to provide a peer-to-peer trading platform for prediction markets and derivatives. Augur’s prediction market protocol has been live on the Ethereum mainnet since summer 2018. Augur is truly impressive technologically, but the project’s native app has struggled to attract users. Recognizing the …
CDP stands for “collateralized debt position.” In the MakerDAO system, users can create CDPs and lock ether into them as collateral. Doing this permits users to generate Dai up to 2/3 of the value of the locked ether. The generated Dai serves as debt, and CDP owners can do anything they want with it. The collateral …
Stablecoins let users transact in crypto while avoiding the volatility of many cryptoassets. Stablecoins can help drive broader crypto adoption by serving as a medium of exchange whose value doesn’t fluctuate wildly day-to-day. We’ll compare two popular stablecoins running on the Ethereum network: DAI vs USDC (USD Coin). The number of stablecoin projects shot up …
What is open finance? Open finance is a new and fast-growing use case for open blockchains, particularly Ethereum. It’s so new that the community hasn’t even settled on a name for it – it’s often called decentralized finance or DeFi. Many already consider open finance to be Ethereum’s first killer app. Here are nine hot …
What is Compound Finance? Compound Finance is a protocol on Ethereum for decentralized money markets. An algorithm sets the interest rates. Users can earn interest or borrow against ether and Ethereum tokens. Compound recognized that because most cryptoassets were just being held, they weren’t contributing to the broader open finance ecosystem. Borrowing and lending cryptoassets …
Uniswap is a protocol for decentralized token exchange on Ethereum that lets anyone quickly swap among ether and ERC20 or earn fees by contributing liquidity. We’re going to walk through how you can add liquidity. A unique approach to liquidity Low liquidity has constrained the growth of decentralized exchanges, and it isn’t feasible for the …
