Anchor Finance is a savings protocol from Terra Blockchain and one of the hottest Defi applications in stable currency ecosystem. It offers a low-volatile high yields on Terra stable coin deposits.Wondering how high are yields? They are around 20% on US Dollar pegged stable coin, UST! While most of the traditional finance systems offering less …
As with domains on the internet like .com, .net, etc., domains on the Ethereum Naming Service also need to be renewed before they expire. In the event that an ENS Domain owner does not renew their domain before it expires, they lose control of the domain. We are going to explore the renewal timelines for …
Overview The Ethereum Naming Service(ENS) has announced their airdrop on Nov 2 2020 and it has caused a lot of buzz on social media and traditional media at the same time. This attention from the media generated a lot of free marketing for ENS and led to the acquisition of a number of new users, …
How Much Revenue ENS is Generating Since Airdrop? Read More »
NFT’s, or Non-Fungible Tokens, cannot be reproduced, and OpenSea is a marketplace for NFTs, domain names, virtual land, music, and trading cards. Here in this dashboard we can see a ENS sales on Opensea. For the decentralised world, Ethereum Name Service (ENS) domains offer a secure domain name.ENS makes it easy to remember long numbers …
Having an ENS domain these days is a great thing to have. Everybody from crypto enthusiasts to celebrity actresses such as Paris Hilton is registering their ENS domains. The question is, however, how actively are these users using the Ethereum blockchain? Are these users really users of Ethereum blockchain and engaging in activities like Defi …
How Active Are ENS Domain Holder on Ethereum Network? Read More »
Abracadabra Money is a lending platform that allows users to deposit interest bearing tokens like Yearn Finance debt tokens and stable coins like UST as collateral and borrow MIM stable coin. MIM token, Magic Internet Money token, is a USD pegged stable coin from Abracadabra and it can be used any other stablecoin. Abracadabra Money …
On the Anchor protocol, the aUST token is used for savings deposits. Upon depositing some UST into Anchor, users are automatically given aUST tokens, which can be used to generate income using the Anchor platform. This is called minting of aUST tokens. When user withdraws UST deposits from Anchor, aUST held in users wallet is …
Lets Peek At aUST Cryptocurrency Mints in Terra Blockchain Read More »
In this article, we are going to focus on the ANC tokens that are claimed from Anchor’s protocol and how far Anchor stakeholder’s sell their ANC rewards? Let me begin with a short and simple explanation of what the Anchor Protocol is about.The Anchor Protocol provides 20% yields for its users on the Terra blockchain. …
What is happening to the ANC tokens claimed from Anchor Protocol? Read More »
ParaSwap, one of the most popular distributed exchange aggregators, recently introduced its governance token PSP and airdropped them to 20,000 eligible Ethereum wallets. There was quite a stir about this airdrop both in the ParaSwap community as well as in entire crypto industry for choosing a novel approach in identifying Airdrop eligible accounts. While some praised …
The ParaSwap decentralized application (dApp) combines multiple decentralized exchanges into a single platform,ParaSwap offers a fast, easy and secure way to exchange Ethereum-native tokens. ParaSwap constantly checks the rates across all supported decentralized exchanges in order to ensure the best possible exchange rate. Therefore, when you check the price on ParaSwap for ETH/ERC20 tokens, ParaSwap …
Paraswap Airdrop: Where are all the PSP tokens airdropped to users? Read More »
