The world of decentralized finance (DeFi) is booming and the numbers are only trending up. According to DeFi Pulse, there is $95.28 billion in crypto assets locked in DeFi right now – up from $32 billion the year before. Leading the DeFi race is the Ethereum-based Maker protocol, with a 17.8% share of the market.One of the main catalysts for this sector's exponential growth can … [Read more...] about What Is Yield Farming? The Rocket Fuel of DeFi, Explained
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Yield farming and DeFi are coming to Bitcoin via new Bitcoin DEX
Stackswap is taking DeFi on Bitcoin to the next level with the launch of the very first decentralized exchange (DEX) to settle transactions on the Bitcoin network via Stacks. Stackswap stitches together some of the existing DeFi tools within the Stacks network and enables users to engage in swaps, liquidity mining, token creation, and yield earning opportunitiesDeFi on … [Read more...] about Yield farming and DeFi are coming to Bitcoin via new Bitcoin DEX
How Yield Farming on Curve Is Quietly Conquering DeFi
Over the past six months, Curve has made just $34.1 million in swap fees, even though it has $16.5 billion in TVL on Ethereum’s main network and has kept its trading volume consistently high. Curve and its liquidity providers make $0.40 on every $1,000 in trading volume, compared with another popular decentralized exchange, Sushi, which makes $3 on every $1,000 in trading … [Read more...] about How Yield Farming on Curve Is Quietly Conquering DeFi
Permissionless staking and farming comes to Solana (SOL) with Step Finance
Step Finance, the so-termed front page of Solana, has launched the industry’s first farm creator where projects can seamlessly create emissions pools from Step’s website, creating a level playing field for big and small projects and bringing high DeFi yield and earning opportunities to all Solana projects.Easier DeFi on SolanaDeFi opens up opportunities to remove the middleman … [Read more...] about Permissionless staking and farming comes to Solana (SOL) with Step Finance
How yield farming on decentralized exchanges can become less risky
The DeFi industry has been gaining momentum since 2020, offering a new perspective on the world of finance and a new way for investors to make money. In its essence, DeFi, also known as Decentralized Finance, is an ecosystem of applications and services built on public blockchains.Yield farming and staking are gaining momentum on the DeFi market right now.Farming, but with … [Read more...] about How yield farming on decentralized exchanges can become less risky