Kavitha

Terra Blockchain User’s Wormhole Adoption

The communication between blockchains has been problematic – they don’t understand each other’s protocols and can’t communicate effectively. As a result, users have difficulty moving their assets across different blockchains, resulting in a communication bottleneck. In order to solve this problem Wormhole is developed. In a nutshell Wormhole allows users to seamlessly transfer tokens between …

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How does capital move across the Sushiswap ecosystem?

In this post we are going to explore how liquidity is moving inside Sushiswap ecosystem. We limit the scope of this post to liquidity providers who are adding liquidity into the pools The following chart shows the number of “Add Liquidity” transactions observed in Sushiswap ecosystem. On average we see around 300 transactions per day …

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Thorchain – Is there a correlation between RUNE token price and currency swaps?

ThorChain is a decentralized liquidity network with an interoperable blockchain that allows users to exchange tokens across multiple chains in a non-custodial way. There is no asset peg or asset wrapping in this project; instead, users are able to exchange tokens across various Layer 1 blockchains. ThorChain offers seamless trading between several digital assets such …

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How Uniswap’ ban on synthetic assets impacted Mirror Finance?

On July 23rd 2021 Uniswap’s web application banned trading of Mirror Finance’s assets along with several other synthetic assets from its platform. In a blog post Uniswap cited “evolving regulatory landscape” as one of the reason for the decision to remove synthetic assets from its platform. As Uniswap being one of the most popular Distributed …

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What is Mirror and What Assets are Traded on Mirror?

Mirror is a Decentralized Finance Protocol built on Terra Blockchain network. It enables creation and trading of real world financial assets like S&P 500, Apple, Microsoft, Google on Terra Blockchain. Synthetic assets traded on Mirror are called as Mirrored Assets(mAssets) and they mimic the price behavior of real-world assets. Just any blockchain application, these synthetic …

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